CLEAR Secure, Inc. (NYSE:YOU) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Analysts have a consensus “Hold” rating on CLEAR Secure, with five buys, three holds and one sell among nine analysts. The average 12-month price target is $59.71, above the reported $44.08 share price.
• CLEAR Secure exceeded quarterly expectations, reporting adjusted earnings of $0.49 per share versus a $0.40 consensus estimate and revenue of $277.76 million, up 26.6% year over year.
• Institutional investors own 73.8% of the company, while CLEAR Secure declared a quarterly dividend of $0.15 per share, equivalent to an annualized yield of about 1.4%.

CLEAR Secure, Inc. (NYSE:YOU - Get Free Report) has received a consensus recommendation of "Hold" from the nine analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $59.7143.

Several brokerages have recently commented on YOU. The Goldman Sachs Group set a $70.00 price objective on CLEAR Secure in a report on Monday, July 20th. Zacks Research lowered shares of CLEAR Secure from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 6th. Stifel Nicolaus set a $60.00 price target on shares of CLEAR Secure in a report on Thursday, May 7th. Needham & Company LLC raised their price objective on shares of CLEAR Secure from $60.00 to $70.00 and gave the company a "buy" rating in a research report on Wednesday, May 6th. Finally, DA Davidson dropped their price objective on shares of CLEAR Secure from $60.00 to $55.00 and set a "neutral" rating for the company in a report on Tuesday, July 28th.

Hedge Funds Weigh In On CLEAR Secure

A number of hedge funds and other institutional investors have recently modified their holdings of YOU. Daiwa Securities Group Inc. raised its holdings in shares of CLEAR Secure by 6.5% during the 4th quarter. Daiwa Securities Group Inc. now owns 5,257 shares of the company's stock valued at $184,000 after buying an additional 323 shares in the last quarter. GAMMA Investing LLC grew its position in CLEAR Secure by 4.3% during the second quarter. GAMMA Investing LLC now owns 8,578 shares of the company's stock valued at $478,000 after acquiring an additional 351 shares during the last quarter. Pictet Asset Management Holding SA raised its stake in shares of CLEAR Secure by 3.6% during the first quarter. Pictet Asset Management Holding SA now owns 12,744 shares of the company's stock worth $617,000 after acquiring an additional 447 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in shares of CLEAR Secure by 6.9% in the 1st quarter. Pacer Advisors Inc. now owns 7,564 shares of the company's stock worth $366,000 after acquiring an additional 489 shares during the last quarter. Finally, Aspen Investment Management Inc lifted 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 worth $493,000 after acquiring an additional 500 shares during the last quarter. 73.80% of the stock is currently owned by hedge funds and other institutional investors.

CLEAR Secure Stock Performance

CLEAR Secure stock opened at $44.08 on Thursday. CLEAR Secure has a fifty-two week low of $29.43 and a fifty-two week high of $69.07. The stock has a market cap of $5.96 billion, a P/E ratio of 29.98 and a beta of 1.04. The firm's fifty day moving average price is $51.22 and its 200-day moving average price is $51.08.

CLEAR Secure (NYSE:YOU - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.40 by $0.09. CLEAR Secure had a return on equity of 71.51% and a net margin of 14.78%.The business had revenue of $277.76 million during the quarter, compared to analysts' expectations of $269.71 million. During the same period in the previous year, the business earned $0.26 earnings per share. The firm's revenue was up 26.6% on a year-over-year basis. Sell-side analysts predict that CLEAR Secure will post 1.88 earnings per share for the current year.

CLEAR Secure Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, September 10th. This represents a $0.60 dividend on an annualized basis and a yield of 1.4%. CLEAR Secure's dividend payout ratio (DPR) is presently 40.82%.

About CLEAR Secure

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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