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

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Key Points

  • New 52-week high: CLEAR Secure reached a 52-week high of $59.55 (last $59.29) and has a market cap of $7.84 billion, with a 50‑day/200‑day moving average of $49.17/$39.60.
  • Analyst sentiment is positive overall — MarketBeat shows a "Moderate Buy" consensus with an average price target of $54.14, and several firms recently raised targets (Needham $60, Telsey $62).
  • Its latest quarter delivered $0.31 EPS (in line) and revenue of $240.75M, up 16.7% YoY and beating estimates; the company also paid a special $0.20 dividend and insiders sold roughly 97,488 shares (~$4.58M) in recent months.
  • Five stocks we like better than CLEAR Secure.

CLEAR Secure, Inc. (NYSE:YOU - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $59.55 and last traded at $59.2920, with a volume of 1793175 shares trading hands. The stock had previously closed at $56.23.

Analyst Ratings Changes

A number of research firms have recently issued reports on YOU. Stifel Nicolaus raised their price target on shares of CLEAR Secure from $38.00 to $51.00 and gave the stock a "hold" rating in a research report on Thursday, February 26th. Needham & Company LLC increased their price objective on shares of CLEAR Secure from $45.00 to $60.00 and gave the stock a "buy" rating in a report on Monday, March 2nd. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of CLEAR Secure in a report on Friday. Telsey Advisory Group increased their price objective on shares of CLEAR Secure from $55.00 to $62.00 and gave the stock an "outperform" rating in a report on Wednesday, April 29th. Finally, Zacks Research raised shares of CLEAR Secure from a "hold" rating to a "strong-buy" rating in a report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, CLEAR Secure presently has a consensus rating of "Moderate Buy" and an average price target of $54.14.

Check Out Our Latest Stock Analysis on YOU

CLEAR Secure Stock Performance

The company's 50 day moving average price is $49.17 and its 200-day moving average price is $39.60. The company has a market cap of $7.84 billion, a price-to-earnings ratio of 52.52 and a beta of 1.09.

CLEAR Secure (NYSE:YOU - Get Free Report) last announced its earnings results on Wednesday, February 25th. The company reported $0.31 EPS for the quarter, hitting the consensus estimate of $0.31. CLEAR Secure had a net margin of 12.12% and a return on equity of 70.08%. The company had revenue of $240.75 million during the quarter, compared to analysts' expectations of $235.66 million. During the same period last year, the company posted $0.91 earnings per share. The business's revenue for the quarter was up 16.7% on a year-over-year basis. As a group, sell-side analysts forecast that CLEAR Secure, Inc. will post 1.62 earnings per share for the current year.

CLEAR Secure Announces Dividend

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

Insider Activity

In other CLEAR Secure news, insider Lynn Haaland sold 15,533 shares of the firm's stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $45.00, for a total value of $698,985.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Michael Z. Barkin sold 22,885 shares of the firm's stock in a transaction that occurred on Sunday, March 1st. The stock was sold at an average price of $48.22, for a total transaction of $1,103,514.70. Following the sale, the president owned 5,669 shares of the company's stock, valued at approximately $273,359.18. This represents a 80.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 97,488 shares of company stock valued at $4,579,078. Corporate insiders own 39.73% of the company's stock.

Institutional Trading of CLEAR Secure

Institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its holdings in shares of CLEAR Secure by 329.5% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock worth $25,000 after purchasing an additional 748 shares during the period. Advisors Asset Management Inc. acquired a new stake in shares of CLEAR Secure during the first quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of CLEAR Secure by 249.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 867 shares of the company's stock worth $30,000 after purchasing an additional 619 shares during the period. Allworth Financial LP boosted its holdings in shares of CLEAR Secure by 118.8% during the fourth quarter. Allworth Financial LP now owns 1,022 shares of the company's stock worth $36,000 after purchasing an additional 555 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of CLEAR Secure by 92.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,108 shares of the company's stock worth $39,000 after purchasing an additional 532 shares during the period. 73.80% of the stock is currently owned by institutional investors and hedge funds.

CLEAR Secure Company Profile

(Get Free Report)

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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