CLEAR Secure (NYSE:YOU) Given Hold (C+) Rating at Weiss Ratings

Key Points

• CLEAR Secure (NYSE:YOU) has been given a "hold (C+)" rating by Weiss Ratings, with a consensus rating of "Hold" and a target price of $34.71.
• The company's stock fell by 1.0% to $30.61, with a market cap of approximately $4.07 billion and a price-to-earnings ratio of 19.12.
• CLEAR Secure reported $0.26 earnings per share for the last quarter, exceeding expectations, while its quarterly revenue increased by 17.6% compared to the same period last year.

CLEAR Secure (NYSE:YOU - Get Free Report)'s stock had its "hold (c+)" rating reissued by equities researchers at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Other research analysts have also recently issued research reports about the stock. Zacks Research cut shares of CLEAR Secure from a "strong-buy" rating to a "hold" rating in a report on Monday. Wall Street Zen raised shares of CLEAR Secure from a "hold" rating to a "buy" rating in a report on Saturday, August 30th. The Goldman Sachs Group upped their target price on shares of CLEAR Secure from $33.00 to $37.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Wells Fargo & Company lifted their price objective on CLEAR Secure from $23.00 to $25.00 and gave the stock an "underweight" rating in a report on Wednesday, August 6th. Finally, Telsey Advisory Group increased their target price on shares of CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $34.71.

CLEAR Secure Stock Down 1.0%

CLEAR Secure stock traded down $0.30 during trading on Wednesday, hitting $30.61. The stock had a trading volume of 1,399,784 shares, compared to its average volume of 1,905,179. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 19.12 and a beta of 1.24. The stock's 50 day moving average is $34.55 and its two-hundred day moving average is $29.23. CLEAR Secure has a 1 year low of $21.67 and a 1 year high of $39.00.

CLEAR Secure (NYSE:YOU - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.03. The company had revenue of $219.47 million during the quarter, compared to analysts' expectations of $214.90 million. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.The firm's quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.34 earnings per share. CLEAR Secure has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that CLEAR Secure will post 0.98 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Adam Wiener sold 8,000 shares of the company's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $33.02, for a total value of $264,160.00. Following the completion of the sale, the director directly owned 193,634 shares in the company, valued at $6,393,794.68. This represents a 3.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Dennis W. Liu sold 2,027 shares of the company's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $36.00, for a total value of $72,972.00. Following the completion of the sale, the chief accounting officer owned 11,896 shares of the company's stock, valued at $428,256. This trade represents a 14.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 66,027 shares of company stock valued at $2,224,903. Company insiders own 39.73% of the company's stock.

Institutional Investors Weigh In On CLEAR Secure

Hedge funds and other institutional investors have recently modified their holdings of the stock. New York State Common Retirement Fund lifted its stake in shares of CLEAR Secure by 6.3% during the 1st quarter. New York State Common Retirement Fund now owns 28,913 shares of the company's stock valued at $749,000 after buying an additional 1,712 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in CLEAR Secure by 54.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 27,627 shares of the company's stock worth $713,000 after purchasing an additional 9,768 shares in the last quarter. Personal CFO Solutions LLC purchased a new stake in CLEAR Secure in the 1st quarter worth $260,000. Principal Financial Group Inc. lifted its stake in CLEAR Secure by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 519,264 shares of the company's stock worth $13,454,000 after purchasing an additional 11,633 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in CLEAR Secure by 132.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,681 shares of the company's stock worth $614,000 after purchasing an additional 13,499 shares in the last quarter. 73.80% of the stock is currently owned by hedge funds and other institutional investors.

About CLEAR Secure

Clear Secure, Inc operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members.

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