CLEAR Secure, Inc. (NYSE:YOU) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analyst consensus: Nine analysts rate CLEAR Secure a "Moderate Buy" (1 sell, 2 hold, 5 buy, 1 strong buy) with an average 1‑year target price of $54.14.
• Recent results & valuation: CLEAR reported Q4 EPS of $0.31 (in line) and revenue of $240.75M (above estimates), with revenue up 16.7% YoY; the stock trades near $53.43, has a market cap of $7.12B and a P/E of about 47.7.
• Corporate actions: The company paid a $0.20 special dividend on March 24, and insiders have sold roughly 97,488 shares (~$4.58M) in the past 90 days while retaining about 39.7% ownership.

Shares of CLEAR Secure, Inc. (NYSE:YOU - Get Free Report) have received a consensus rating of "Moderate Buy" from the nine ratings firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $54.1429.

Several brokerages recently weighed in on YOU. JPMorgan Chase & Co. raised their target price on shares of CLEAR Secure from $42.00 to $47.00 and gave the company an "overweight" rating in a report on Thursday, February 26th. Wells Fargo & Company raised their price objective on shares of CLEAR Secure from $29.00 to $33.00 and gave the stock an "underweight" rating in a report on Thursday, February 26th. Zacks Research raised shares of CLEAR Secure from a "hold" rating to a "strong-buy" rating in a report on Monday, April 20th. DA Davidson raised their price objective on shares of CLEAR Secure from $54.00 to $65.00 and gave the stock a "buy" rating in a report on Thursday, March 26th. Finally, Stifel Nicolaus raised their price objective on shares of CLEAR Secure from $38.00 to $51.00 and gave the stock a "hold" rating in a report on Thursday, February 26th.

CLEAR Secure Stock Up 0.2%

Shares of NYSE:YOU opened at $53.43 on Friday. The firm's 50 day moving average price is $49.17 and its 200 day moving average price is $39.48. The stock has a market cap of $7.12 billion, a price-to-earnings ratio of 47.71 and a beta of 1.10. CLEAR Secure has a fifty-two week low of $23.88 and a fifty-two week high of $59.51.

CLEAR Secure (NYSE:YOU - Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported $0.31 earnings per share for the quarter, meeting the consensus estimate of $0.31. The firm had revenue of $240.75 million for the quarter, compared to analysts' expectations of $235.66 million. CLEAR Secure had a net margin of 12.12% and a return on equity of 70.08%. The firm's revenue was up 16.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.91 earnings per share. On average, equities analysts anticipate that CLEAR Secure will post 1.62 EPS for the current year.

CLEAR Secure Dividend Announcement

The business also recently disclosed a special dividend, which was paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a yield of 131.0%. CLEAR Secure's dividend payout ratio (DPR) is presently 53.57%.

Insider Activity at CLEAR Secure

In other CLEAR Secure news, CAO Dennis W. Liu sold 7,950 shares of the firm's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $48.57, for a total transaction of $386,131.50. Following the sale, the chief accounting officer owned 10,960 shares of the company's stock, valued at approximately $532,327.20. This trade represents a 42.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lynn Haaland sold 11,064 shares of the firm's stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $47.44, for a total transaction of $524,876.16. Following the sale, the insider directly owned 7,375 shares in the company, valued at approximately $349,870. The trade was a 60.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 97,488 shares of company stock worth $4,579,078 in the last ninety days. Company insiders own 39.73% of the company's stock.

Institutional Trading of CLEAR Secure

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Daiwa Securities Group Inc. increased its holdings in shares of CLEAR Secure by 6.5% in the 4th quarter. Daiwa Securities Group Inc. now owns 5,257 shares of the company's stock valued at $184,000 after acquiring an additional 323 shares during the period. SBI Securities Co. Ltd. increased its holdings in shares of CLEAR Secure by 14.0% in the 3rd quarter. SBI Securities Co. Ltd. now owns 3,634 shares of the company's stock valued at $121,000 after acquiring an additional 447 shares during the period. Pictet Asset Management Holding SA increased its holdings in shares of CLEAR Secure by 3.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 12,744 shares of the company's stock valued at $617,000 after acquiring an additional 447 shares during the period. Blue Trust Inc. increased its holdings in shares of CLEAR Secure by 13.4% in the 4th quarter. Blue Trust Inc. now owns 3,814 shares of the company's stock valued at $134,000 after acquiring an additional 451 shares during the period. Finally, Aspen Investment Management Inc increased its holdings in shares of CLEAR Secure by 5.2% in the 1st quarter. Aspen Investment Management Inc now owns 10,175 shares of the company's stock valued at $493,000 after acquiring an additional 500 shares during the period. Institutional investors and hedge funds own 73.80% of the company's stock.

CLEAR Secure Company Profile

CLEAR Secure, Inc operates a biometric identity platform designed to expedite identity verification for air travelers and venue guests. The company’s core offering is the CLEAR membership service, which uses fingerprint and iris scans to confirm a member’s identity and provide access to dedicated security lanes at participating airports. Members link government-issued IDs and personal biometric data via the CLEAR app, enabling faster processing through Transportation Security Administration (TSA) checkpoints and select event entrances.

Founded in 2010 by Caryn Seidman‐Becker and Ken Cornick, CLEAR is headquartered in New York City.

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