Clarus (CLAR) Projected to Post Quarterly Earnings on Thursday

Clarus (NASDAQ:CLAR - Get Free Report) is projected to release its Q2 2025 earnings data after the market closes on Thursday, July 31st. Analysts expect Clarus to post earnings of ($0.01) per share and revenue of $53.49 million for the quarter.

Clarus Price Performance

Clarus stock traded up $0.11 during mid-day trading on Friday, reaching $3.93. 54,245 shares of the company traded hands, compared to its average volume of 170,647. The firm's 50 day moving average price is $3.49 and its 200 day moving average price is $3.87. The firm has a market capitalization of $150.91 million, a price-to-earnings ratio of -1.90 and a beta of 0.87. Clarus has a 52-week low of $3.02 and a 52-week high of $6.38.

Clarus Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders of record on Monday, May 19th were given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 2.54%. The ex-dividend date of this dividend was Monday, May 19th. Clarus's payout ratio is currently -4.83%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CLAR. Stifel Nicolaus decreased their price target on shares of Clarus from $8.00 to $7.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Roth Capital set a $3.50 price target on shares of Clarus and gave the stock a "neutral" rating in a research note on Wednesday, May 14th. Finally, Lake Street Capital decreased their price target on shares of Clarus from $5.00 to $4.00 and set a "buy" rating for the company in a research note on Friday, May 9th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $5.10.

Insiders Place Their Bets

In other news, Chairman Warren B. Kanders purchased 10,394 shares of the stock in a transaction on Monday, June 23rd. The shares were acquired at an average price of $3.48 per share, with a total value of $36,171.12. Following the completion of the acquisition, the chairman directly owned 4,155,326 shares of the company's stock, valued at $14,460,534.48. This trade represents a 0.25% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 20.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Clarus

An institutional investor recently bought a new position in Clarus stock. Jane Street Group LLC bought a new stake in shares of Clarus Corporation (NASDAQ:CLAR - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 28,475 shares of the company's stock, valued at approximately $107,000. Jane Street Group LLC owned 0.07% of Clarus at the end of the most recent quarter. Hedge funds and other institutional investors own 90.30% of the company's stock.

About Clarus

Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products in the United States and internationally. The company operates through two segments, Outdoor and Adventure. The Outdoor segment offers apparels, such as shells, insulation, midlayers, pants, and logowear; rock-climbing footwear and equipment, including carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; and skis, ski poles, ski skins, avalanche airbag systems, avalanche transceivers, shovels, and probes.