CLEAR Secure (NYSE:YOU) Reaches New 52-Week High - Time to Buy?

Key Points

• CLEAR Secure reached a new 52-week high on Monday, trading at $38.90, following a substantial share volume of 120,285 shares.
• Analysts have shown increased optimism for CLEAR Secure, with most ratings categorized as "Buy" or "Strong Buy" and a consensus price target of $34.71.
• The company reported a quarterly earnings per share (EPS) of $0.26, surpassing estimates and demonstrating a 17.6% year-over-year revenue growth.

CLEAR Secure, Inc. (NYSE:YOU - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $38.90 and last traded at $38.81, with a volume of 120285 shares changing hands. The stock had previously closed at $37.95.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Telsey Advisory Group boosted their price objective on shares of CLEAR Secure from $32.00 to $37.00 and gave the company an "outperform" rating in a research report on Wednesday, August 6th. DA Davidson assumed coverage on shares of CLEAR Secure in a research report on Tuesday, September 16th. They issued a "buy" rating and a $45.00 price objective for the company. Wall Street Zen raised shares of CLEAR Secure from a "hold" rating to a "buy" rating in a research report on Saturday, August 30th. The Goldman Sachs Group upped their price target 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. Finally, Stifel Nicolaus upped their price target on shares of CLEAR Secure from $26.00 to $28.00 and gave the stock a "hold" rating in a research report on Tuesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, CLEAR Secure currently has a consensus rating of "Moderate Buy" and an average price target of $34.71.

CLEAR Secure Price Performance

The stock's 50-day moving average is $33.67 and its 200 day moving average is $28.63. The company has a market cap of $5.05 billion, a PE ratio of 23.77 and a beta of 1.27.

CLEAR Secure (NYSE:YOU - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.23 by $0.03. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. The company had revenue of $219.47 million during the quarter, compared to analysts' expectations of $214.90 million. During the same quarter in the prior year, the company posted $0.34 earnings per share. CLEAR Secure's revenue for the quarter was up 17.6% compared to the same quarter last year. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, analysts expect that CLEAR Secure, Inc. will post 0.98 EPS for the current year.

CLEAR Secure Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 10th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.50 dividend on an annualized basis and a yield of 1.3%. CLEAR Secure's dividend payout ratio is presently 31.25%.

Insider Activity at CLEAR Secure

In related news, Director Adam Wiener sold 6,000 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $35.00, for a total transaction of $210,000.00. Following the completion of the sale, the director owned 201,634 shares of the company's stock, valued at $7,057,190. This represents a 2.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Dennis W. Liu sold 2,027 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $36.00, for a total transaction of $72,972.00. Following the sale, the chief accounting officer directly owned 11,896 shares of the company's stock, valued at $428,256. The trade was a 14.56% decrease in their position. The disclosure for this sale can be found here. Insiders sold 61,027 shares of company stock valued at $2,043,243 over the last 90 days. Insiders own 39.73% of the company's stock.

Institutional Investors Weigh In On CLEAR Secure

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Durable Capital Partners LP increased its stake in CLEAR Secure by 153.1% during the 2nd quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company's stock valued at $207,932,000 after purchasing an additional 4,531,161 shares in the last quarter. Wellington Management Group LLP increased its stake in CLEAR Secure by 74.9% during the 4th quarter. Wellington Management Group LLP now owns 3,322,514 shares of the company's stock valued at $88,512,000 after purchasing an additional 1,422,999 shares in the last quarter. First Trust Advisors LP increased its stake in CLEAR Secure by 36.3% during the 2nd quarter. First Trust Advisors LP now owns 3,027,758 shares of the company's stock valued at $84,051,000 after purchasing an additional 805,795 shares in the last quarter. Copeland Capital Management LLC increased its stake in CLEAR Secure by 25.2% during the 2nd quarter. Copeland Capital Management LLC now owns 2,474,330 shares of the company's stock valued at $68,687,000 after purchasing an additional 497,871 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in CLEAR Secure by 35.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company's stock valued at $42,320,000 after purchasing an additional 430,035 shares in the last quarter. Hedge funds and other institutional investors own 73.80% of the company's stock.

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.