S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: World shares shrug off Wall St blues as investors eye corporate earnings
Japan's anti-monopoly body orders Google to fix ad search limits affecting Yahoo
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: World shares shrug off Wall St blues as investors eye corporate earnings
Japan's anti-monopoly body orders Google to fix ad search limits affecting Yahoo
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: World shares shrug off Wall St blues as investors eye corporate earnings
Japan's anti-monopoly body orders Google to fix ad search limits affecting Yahoo
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: World shares shrug off Wall St blues as investors eye corporate earnings
Japan's anti-monopoly body orders Google to fix ad search limits affecting Yahoo
NASDAQ:CLAR

Clarus (CLAR) Stock Price, News & Analysis

$6.24
+0.14 (+2.30%)
(As of 04/19/2024 08:50 PM ET)
Today's Range
$6.05
$6.27
50-Day Range
$5.27
$7.08
52-Week Range
$4.77
$9.92
Volume
171,300 shs
Average Volume
292,038 shs
Market Capitalization
$238.62 million
P/E Ratio
N/A
Dividend Yield
1.60%
Price Target
$9.75

Clarus MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
56.3% Upside
$9.75 Price Target
Short Interest
Healthy
8.03% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.50
Upright™ Environmental Score
News Sentiment
0.23mentions of Clarus in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
366.67%
From $0.06 to $0.28 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.55 out of 5 stars

Consumer Discretionary Sector

29th out of 267 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

1st out of 9 stocks

CLAR stock logo

About Clarus Stock (NASDAQ:CLAR)

Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products in the United States and internationally. The company operates through two segments, Outdoor and Adventure. The Outdoor segment offers apparels, such as shells, insulation, midlayers, pants, and logowear; rock-climbing footwear and equipment, including carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; 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 and PIEPS brands. The Adventure segment offers engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards, 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, as well as sells and retails overlanding and off-road vehicle under the TRED 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

CLAR Stock News Headlines

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Clarus (NASDAQ:CLAR) Rating Increased to Sell at StockNews.com
Central Ohio's Coolest Offices: TriNet Clarus R+D
Lake Street Reaffirms Their Buy Rating on Legacy Housing (LEGH)
Do you need to detox your sportswear?
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Roger Werner Appointed to Clarus’ Board of Directors
Roger Werner Appointed to Clarus' Board of Directors
CLAR Stock Earnings: Clarus Misses EPS, Misses Revenue for Q4 2023
Clarus: Q4 Earnings Insights
Clarus (NASDAQ:CLAR) Misses Q4 Sales Targets
CLAR Aug 2024 5.000 put
Clarus Announces $0.025 Per Share Quarterly Dividend
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Ex-Dividend for 3/28 Dividend
3/15/2024
Dividend Payable
3/28/2024
Today
4/21/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Sporting & athletic goods, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:CLAR
Previous Symbol
NASDAQ:BDE
Fax
N/A
Employees
500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.75
High Stock Price Target
$14.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+56.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-10,150,000.00
Pretax Margin
-7.02%

Debt

Sales & Book Value

Annual Sales
$286.02 million
Cash Flow
$0.41 per share
Book Value
$7.66 per share

Miscellaneous

Free Float
29,671,000
Market Cap
$238.62 million
Optionable
Optionable
Beta
0.90
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CLAR Stock Analysis - Frequently Asked Questions

Should I buy or sell Clarus stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clarus in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research 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?

6 brokers have issued 1-year price targets for Clarus' stock. Their CLAR share price targets range from $7.00 to $14.00. On average, they expect the company's stock price to reach $9.75 in the next year. This suggests a possible upside of 56.3% 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 2024?

Clarus' stock was trading at $6.90 at the start of the year. Since then, CLAR stock has decreased by 9.6% and is now trading at $6.24.
View the best growth stocks for 2024 here
.

Are investors shorting Clarus?

Clarus saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 2,260,000 shares, a drop of 9.2% from the March 15th total of 2,490,000 shares. Based on an average trading volume of 291,400 shares, the days-to-cover ratio is currently 7.8 days. Currently, 8.0% of the company's shares 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 Thursday, May 2nd 2024.
View our CLAR earnings forecast
.

How can I listen to Clarus' earnings call?

Clarus will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Clarus' earnings last quarter?

Clarus Co. (NASDAQ:CLAR) issued its quarterly earnings data on Thursday, March, 7th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.12. The company had revenue of $76.50 million for the quarter, compared to analyst estimates of $84.45 million. Clarus had a negative net margin of 2.84% and a positive trailing twelve-month return on equity of 3.31%.

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

Clarus announced a quarterly dividend on Tuesday, March 5th. Shareholders of record on Monday, March 18th will be given a dividend of $0.025 per share on Thursday, March 28th. This represents a $0.10 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend is Friday, March 15th.
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 1.60%.
Read our dividend analysis for CLAR.

What guidance has Clarus issued on next quarter's earnings?

Clarus issued an update on its FY 2024 earnings guidance on Thursday, March, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $270.0 million-$280.0 million, compared to the consensus revenue estimate of $358.6 million.

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).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CLAR) was last updated on 4/22/2024 by MarketBeat.com Staff

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