Should I buy or sell Clarus stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clarus in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CLAR shares. View CLAR analyst ratings or view top-rated stocks .

What is Clarus' stock price target for 2024?

5 Wall Street analysts have issued 12-month price targets for Clarus' shares. Their CLAR share price targets range from $9.00 to $14.00. On average, they predict the company's share price to reach $11.50 in the next year. This suggests a possible upside of 83.4% from the stock's current price. View analysts price targets for CLAR or view top-rated stocks among Wall Street analysts .

How have CLAR shares performed in 2023?

Clarus' stock was trading at $7.84 at the beginning of the year. Since then, CLAR stock has decreased by 20.0% and is now trading at $6.27. View the best growth stocks for 2023 here .

Are investors shorting Clarus?

Clarus saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 2,970,000 shares, an increase of 7.6% from the October 31st total of 2,760,000 shares. Based on an average daily volume of 318,600 shares, the days-to-cover ratio is currently 9.3 days. Currently, 10.3% of the shares of the stock are short sold. View Clarus' Short Interest .

When is Clarus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024. View our CLAR earnings forecast .

How were Clarus' earnings last quarter?

Clarus Co. (NASDAQ:CLAR) issued its earnings results on Tuesday, November, 7th. The company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.24 by $0.10. The business earned $100.08 million during the quarter, compared to analyst estimates of $101.84 million. Clarus had a negative net margin of 21.63% and a positive trailing twelve-month return on equity of 6.44%.

How often does Clarus pay dividends? What is the dividend yield for Clarus?

Clarus declared a quarterly dividend on Friday, November 3rd. Investors of record on Tuesday, November 14th will be given a dividend of $0.025 per share on Friday, November 24th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Monday, November 13th. Read our dividend analysis for CLAR .

Is Clarus a good dividend stock?

Clarus (NASDAQ:CLAR) pays an annual dividend of $0.10 per share and currently has a dividend yield of 1.84%. Read our dividend analysis for CLAR .

What ETFs hold Clarus' stock?

ETFs with the largest weight of Clarus (NASDAQ:CLAR) stock in their portfolio include Motley Fool Small-Cap Growth ETF (TMFS) . MFAM Small-Cap Growth ETF (MFMS) .

What is Steven W. Olmstead's approval rating as Clarus' CEO?

2 employees have rated Clarus Chief Executive Officer Steven W. Olmstead on Glassdoor.com . Steven W. Olmstead has an approval rating of 100% among the company's employees. This puts Steven W. Olmstead in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 100.0% of employees surveyed would recommend working at Clarus to a friend.

What other stocks do shareholders of Clarus own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clarus investors own include Intel (INTC) , Advanced Micro Devices (AMD) , Micron Technology (MU) , QUALCOMM (QCOM) , Bristol-Myers Squibb (BMY) , Enterprise Products Partners (EPD) , B2Gold (BTG) , General Motors (GM) , Mondi (MNDI) and Novavax (NVAX) .

Who are Clarus' major shareholders?

Clarus' stock is owned by many different institutional and retail investors. Top institutional investors include Brown Advisory Inc. (12.09%), FMR LLC (8.82%), Federated Hermes Inc. (4.43%), Potomac Capital Management Inc. (1.12%), First Eagle Investment Management LLC (0.95%) and Walleye Trading LLC (0.00%). Insiders that own company stock include Aaron Kuehne, Donald House , Michael A Henning, Nicolas Sokolow and Warren B Kanders . View institutional ownership trends .

How do I buy shares of Clarus?

Shares of CLAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Clarus Stock Price, News & Analysis (NASDAQ:CLAR)

$6.27

+0.58 (+10.19%)

(As of 12/1/2023 ET)

Compare

Today's Range: $5.63
▼
$6.29
50-Day Range: $4.92
▼
$7.56
52-Week Range: $4.77
▼
$10.72

Volume: 471,622 shs
Average Volume: 326,659 shs
Market Capitalization: $239.20 million

P/E Ratio: N/A
Dividend Yield: 1.59%
Price Target: $11.50

Clarus MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 83.4% Upside
$11.50 Price Target
Short Interest: Bearish
10.27% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.50
Upright™ Environmental Score
News Sentiment: 0.64
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 39.02%
From $0.41 to $0.57 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.59 out of 5 stars

Consumer Discretionary Sector

66th out of 276 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

5th out of 9 stocks

3.4

Analyst's Opinion

Consensus Rating
Clarus has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.50, Clarus has a forecasted upside of 83.4% from its current price of $6.27.
Amount of Analyst Coverage
Clarus has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
10.27% of the float of Clarus has been sold short.
Short Interest Ratio / Days to Cover
Clarus has a short interest ratio ("days to cover") of 9.3.
Change versus previous month
Short interest in Clarus has recently increased by 7.61%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Clarus pays a meaningful dividend of 1.84%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Clarus does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Clarus will have a dividend payout ratio of 17.54% next year. This indicates that Clarus will be able to sustain or increase its dividend.

2.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Clarus has received a 2.35% net impact score from Upright. Clarus seems to create the most significant positive value in categories "Jobs", "Taxes", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Climbing gear", "Ski suits", "Skiing clothing", and "Hiking boots" products. See details.
Environmental Sustainability
The Environmental Impact score for Clarus is -2.50.

2.6

News and Social Media Coverage

News Sentiment
Clarus has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Clarus this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for CLAR on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added Clarus to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Clarus insiders have not sold or bought any company stock.
Percentage Held by Insiders
22.40% of the stock of Clarus is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
81.51% of the stock of Clarus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Clarus are expected to grow by 39.02% in the coming year, from $0.41 to $0.57 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clarus is -2.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Clarus is -2.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Clarus has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Clarus Stock (NASDAQ:CLAR)

Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products focusing on the outdoor and consumer markets in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America. Its Outdoor segment offers shells, insulation, midlayers, pants, and logowear; carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; skincare and other products; and skis, ski poles, ski skins, avalanche airbag systems, avalanche transceivers, shovels, and probes. This segment offers its products for climbing, mountaineering, trail running, backpacking, skiing, and other outdoor recreation activities under the Black Diamond Equipment, PIEPS, and SKINourishment brands. The company's Precision Sport segment manufactures bullets and ammunition products for precision target shooting, hunting, and military and law enforcement purposes under the Sierra and Barnes brands. The company sells its products to mountain, rock, ice, and gym climbers; and winter outdoor enthusiasts, trail runners, backpackers, competitive shooters, hunters, and outdoor consumers. Its Adventure segment offers engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, and accessories under the Rhino-Rack brand; and overlanding and off-road vehicle recovery and extraction tracks for the overland and the off-road market under the MAXTRAX brand. It markets and distributes its products through independent specialty stores and specialty chains, sporting goods and outdoor recreation stores, distributors, and original equipment manufacturers; and independent distributors, as well as through its websites. The company was formerly known as Black Diamond, Inc. and changed its name to Clarus Corporation in August 2017. The company was founded in 1957 and is headquartered in Salt Lake City, Utah.

CLAR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CLAR Stock News Headlines

December 1, 2023 | benzinga.com

CIRO to Hold a Disciplinary Hearing for Clarus Securities Inc. and James Christodoulis

November 15, 2023 | bizjournals.com

Clarus using AI to streamline voicemail transcription for doctors' offices, growth on the horizon

December 1, 2023 | DTI Trader (Ad)

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November 12, 2023 | finance.yahoo.com

Need To Know: Analysts Just Made A Substantial Cut To Their Clarus Corporation (NASDAQ:CLAR) Estimates

November 11, 2023 | markets.businessinsider.com

Clarus Remains a Buy on TerrAscend Corp (TSND)

November 9, 2023 | finance.yahoo.com

Clarus (NASDAQ:CLAR) Has Affirmed Its Dividend Of $0.025

November 8, 2023 | finance.yahoo.com

Clarus Corporation (NASDAQ:CLAR) Q3 2023 Earnings Call Transcript

November 8, 2023 | benzinga.com

Friday Is Your Last Chance To Buy Clarus Before The Dividend Payout

December 1, 2023 | DTI Trader (Ad)

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November 7, 2023 | finance.yahoo.com

Here's What Key Metrics Tell Us About Clarus Corporation (CLAR) Q3 Earnings

November 7, 2023 | finance.yahoo.com

Clarus Reports Third Quarter 2023 Results

November 6, 2023 | msn.com

Clarus Q3 2023 Earnings Preview

November 4, 2023 | msn.com

Maran Partners - Clarus: We Still Have A Few Hidden Lottery Tickets In This Investment

November 3, 2023 | finance.yahoo.com

Should You Hold Clarus (CLAR)?

October 24, 2023 | finance.yahoo.com

Clarus Sets Third Quarter 2023 Conference Call for Tuesday, November 7, 2023, at 5:00 p.m. ET

October 16, 2023 | markets.businessinsider.com

Clarus Reaffirms Their Buy Rating on TerrAscend Corp (TSND)

October 10, 2023 | finance.yahoo.com

Clarus Acquires TRED Outdoors, a Fast-Growing Outdoor Adventure Brand

October 9, 2023 | msn.com

Clarus: Promising Initiatives, But Risks Still Present

October 5, 2023 | finance.yahoo.com

Special Committee of Clarus Retains Houlihan Lokey as Financial Advisor

October 4, 2023 | finance.yahoo.com

At US$7.20, Is It Time To Put Clarus Corporation (NASDAQ:CLAR) On Your Watch List?

October 3, 2023 | benzinga.com

Canadian Cannabis Producer's CA$2M Private Offering Led By Chairman & Largest Shareholder

October 3, 2023 | uk.movies.yahoo.com

SMEs in desperate need of support transfusion - Debra Phillips

September 20, 2023 | msn.com

Roth MKM Reiterates Clarus (CLAR) Buy Recommendation

September 19, 2023 | finanznachrichten.de

Clarus Corporation: Clarus Confirms Receipt of Non-Binding Indication of Interest Regarding Precision Sport Segment

September 19, 2023 | finance.yahoo.com

Clarus Confirms Receipt of Non-Binding Indication of Interest Regarding Precision Sport Segment

September 19, 2023 | finance.yahoo.com

Clarus Confirms Receipt of Non-Binding Indication of Interest Regarding Precision Sport Segment

September 18, 2023 | msn.com

Stifel Reiterates Clarus (CLAR) Buy Recommendation

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Ex-Dividend for 11/24 Dividend: 11/13/2023
Dividend Payable: 11/24/2023
Today: 12/01/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/26/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Sporting & athletic goods, not elsewhere classified
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:CLAR
Previous Symbol: NASDAQ:BDE
CUSIP: N/A
CIK: 913277
Web: www.claruscorp.com
Phone: (801) 278-5552
Fax: N/A
Employees: 900
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $11.50
High Stock Price Target: $14.00
Low Stock Price Target: $9.00
Potential Upside/Downside: +83.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.25)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 15.29
P/E Growth: N/A
Net Income: $-69,780,000.00
Net Margins: -21.63%
Pretax Margin: -24.33%
Return on Equity: 6.44%
Return on Assets: 3.70%

Debt

Debt-to-Equity Ratio: 0.38
Current Ratio: 3.61
Quick Ratio: 1.41

Sales & Book Value

Annual Sales: $448.11 million
Price / Sales: 0.53
Cash Flow: $4.64 per share
Price / Cash Flow: 1.35
Book Value: $7.64 per share
Price / Book: 0.82

Miscellaneous

Outstanding Shares: 38,150,000
Free Float: 29,604,000
Market Cap: $239.20 million
Optionable: Optionable
Beta: 0.95

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Key Executives

Mr. Warren B. Kanders (Age 65)
Executive Chairman
Comp: $627.29k
Mr. Michael J. Yates (Age 57)
Chief Financial Officer
Comp: $429.27k

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CLAR Stock Analysis - Frequently Asked Questions

Should I buy or sell Clarus stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clarus in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CLAR shares.
View CLAR analyst ratings or view top-rated stocks.
What is Clarus' stock price target for 2024?: 5 Wall Street analysts have issued 12-month price targets for Clarus' shares. Their CLAR share price targets range from $9.00 to $14.00. On average, they predict the company's share price to reach $11.50 in the next year. This suggests a possible upside of 83.4% from the stock's current price.
View analysts price targets for CLAR or view top-rated stocks among Wall Street analysts.
How have CLAR shares performed in 2023?: Clarus' stock was trading at $7.84 at the beginning of the year. Since then, CLAR stock has decreased by 20.0% and is now trading at $6.27.
View the best growth stocks for 2023 here.
Are investors shorting Clarus?: Clarus saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 2,970,000 shares, an increase of 7.6% from the October 31st total of 2,760,000 shares. Based on an average daily volume of 318,600 shares, the days-to-cover ratio is currently 9.3 days. Currently, 10.3% of the shares of the stock are short sold.
View Clarus' Short Interest.
When is Clarus' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024.
View our CLAR earnings forecast.
How were Clarus' earnings last quarter?: Clarus Co. (NASDAQ:CLAR) issued its earnings results on Tuesday, November, 7th. The company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.24 by $0.10. The business earned $100.08 million during the quarter, compared to analyst estimates of $101.84 million. Clarus had a negative net margin of 21.63% and a positive trailing twelve-month return on equity of 6.44%.
How often does Clarus pay dividends? What is the dividend yield for Clarus?: Clarus declared a quarterly dividend on Friday, November 3rd. Investors of record on Tuesday, November 14th will be given a dividend of $0.025 per share on Friday, November 24th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Monday, November 13th.
Read our dividend analysis for CLAR.

Is Clarus a good dividend stock?: Clarus (NASDAQ:CLAR) pays an annual dividend of $0.10 per share and currently has a dividend yield of 1.84%.
Read our dividend analysis for CLAR.
What ETFs hold Clarus' stock?: ETFs with the largest weight of Clarus (NASDAQ:CLAR) stock in their portfolio include Motley Fool Small-Cap Growth ETF (TMFS).MFAM Small-Cap Growth ETF (MFMS).
What is Steven W. Olmstead's approval rating as Clarus' CEO?: 2 employees have rated Clarus Chief Executive Officer Steven W. Olmstead on Glassdoor.com. Steven W. Olmstead has an approval rating of 100% among the company's employees. This puts Steven W. Olmstead in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 100.0% of employees surveyed would recommend working at Clarus to a friend.
What other stocks do shareholders of Clarus own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Clarus investors own include Intel (INTC), Advanced Micro Devices (AMD), Micron Technology (MU), QUALCOMM (QCOM), Bristol-Myers Squibb (BMY), Enterprise Products Partners (EPD), B2Gold (BTG), General Motors (GM), Mondi (MNDI) and Novavax (NVAX).
Who are Clarus' major shareholders?: Clarus' stock is owned by many different institutional and retail investors. Top institutional investors include Brown Advisory Inc. (12.09%), FMR LLC (8.82%), Federated Hermes Inc. (4.43%), Potomac Capital Management Inc. (1.12%), First Eagle Investment Management LLC (0.95%) and Walleye Trading LLC (0.00%). Insiders that own company stock include Aaron Kuehne, Donald House, Michael A Henning, Nicolas Sokolow and Warren B Kanders.
View institutional ownership trends.
How do I buy shares of Clarus?: Shares of CLAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:CLAR) was last updated on 12/1/2023 by MarketBeat.com Staff

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