NASDAQ:CLAR

Clarus Stock Forecast, Price & News

$28.52
+0.03 (+0.11 %)
(As of 07/30/2021 12:00 AM ET)
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Today's Range
$27.86
$28.75
50-Day Range
$22.16
$28.57
52-Week Range
$11.54
$28.86
Volume183,024 shs
Average Volume166,755 shs
Market Capitalization$898.09 million
P/E Ratio83.88
Dividend Yield0.35%
Beta0.85
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Clarus logo

About Clarus

Clarus Corporation focuses on the outdoor and consumer industries in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America. The company develops, manufactures, and distributes outdoor equipment and lifestyle products focusing on the climb, ski, mountain, sport, and skincare markets. It operates in two segments, Black Diamond and Sierra. The Black Diamond segment offers activity-based apparel, 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; skincare and other sport-enhancing products; and skis, ski poles, ski skins, and snow safety products, such as 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 Sierra segment manufactures bullets and ammunition products for rifles and pistols, which are used for precision target shooting, hunting, and military and law enforcement purposes under the Sierra brand. The company sells its products to mountain, rock, ice, and gym climbers; and winter outdoor enthusiasts, backpackers, competitive shooters, hunters, and outdoor consumers. 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 directly to customers through its websites. The company was formerly known as Black Diamond, Inc. and changed its name to Clarus Corporation in August 2017. Clarus Corporation was incorporated in 1991 and is headquartered in Salt Lake City, Utah.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.19 out of 5 stars

Consumer Discretionary Sector

76th out of 617 stocks

Sporting & Athletic Goods, Not Elsewhere Classified Industry

3rd out of 15 stocks

Analyst Opinion: 1.5Community Rank: 3.4Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -
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Clarus (NASDAQ:CLAR) Frequently Asked Questions

Is Clarus a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Clarus in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Clarus stock.
View analyst ratings for Clarus
or view top-rated stocks.

What stocks does MarketBeat like better than Clarus?

Wall Street analysts have given Clarus a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Clarus wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Clarus?

Clarus saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 784,800 shares, an increase of 18.0% from the June 30th total of 665,300 shares. Based on an average daily volume of 222,600 shares, the days-to-cover ratio is currently 3.5 days. Currently, 4.0% of the shares of the company are short sold.
View Clarus' Short Interest
.

When is Clarus' next earnings date?

Clarus is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Clarus
.

How can I listen to Clarus' earnings call?

Clarus will be holding an earnings conference call on Monday, August 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "4378127".

How were Clarus' earnings last quarter?

Clarus Co. (NASDAQ:CLAR) announced its quarterly earnings results on Sunday, May, 9th. The company reported $0.31 EPS for the quarter, beating the Zacks' consensus estimate of $0.22 by $0.09. The business had revenue of $75.33 million for the quarter, compared to analysts' expectations of $70.35 million. Clarus had a net margin of 4.55% and a trailing twelve-month return on equity of 11.59%.
View Clarus' earnings history
.

How has Clarus' stock been impacted by Coronavirus?

Clarus' stock was trading at $10.34 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CLAR stock has increased by 175.8% and is now trading at $28.52.
View which stocks have been most impacted by COVID-19
.

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

Clarus announced a quarterly dividend on Friday, April 30th. Stockholders of record on Monday, May 10th will be given a dividend of $0.025 per share on Friday, May 21st. This represents a $0.10 annualized dividend and a yield of 0.35%. The ex-dividend date is Friday, May 7th.
View Clarus' dividend history
.

Is Clarus a good dividend stock?

Clarus pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.35%. Clarus does not yet have a strong track record of dividend growth. The dividend payout ratio of Clarus is 18.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Clarus will have a dividend payout ratio of 6.85% next year. This indicates that Clarus will be able to sustain or increase its dividend.
View Clarus' dividend history.

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

Clarus updated its FY 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share (EPS) guidance of $- for the period. The company issued revenue guidance of $295 million-295 million, compared to the consensus revenue estimate of $281.64 million.

What price target have analysts set for CLAR?

4 Wall Street analysts have issued 1-year target prices for Clarus' stock. Their forecasts range from $24.00 to $33.00. On average, they anticipate Clarus' stock price to reach $27.67 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
View analysts' price targets for Clarus
or view top-rated stocks among Wall Street analysts.

Who are Clarus' key executives?

Clarus' management team includes the following people:
  • Mr. Warren B. Kanders, Exec. Chairman (Age 63, Pay $416.63k)
  • Mr. John C. Walbrecht M.B.A., Pres (Age 53, Pay $668.51k)
  • Mr. Aaron J. Kuehne M.B.A., Exec. VP, Treasurer, Sec. & CFO (Age 42, Pay $554.05k)
  • Mr. E. J. Morrow, Chief Exec. Officer (Age 62)
  • Mr. Kelly Davis, Exec. VP of Operations & Talent
  • Radhika Ray, VP of Strategy & Investor Relations
  • Chris Grover, VP of Sales
  • Mr. Nicholas Borling, VP of Marketing
  • Mr. Christian Jaeggi, Head of BD Europe
  • Mr. Michel Silbernagel, Chief Financial Officer of Switzerland Operations

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

1 employees have rated Clarus CEO Steven W. Olmstead on Glassdoor.com. Steven W. Olmstead has an approval rating of 100% among Clarus' employees. This puts Steven W. Olmstead in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Clarus' key competitors?

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).

What is Clarus' stock symbol?

Clarus trades on the NASDAQ under the ticker symbol "CLAR."

Who are Clarus' major shareholders?

Clarus' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (0.03%). Company insiders that own Clarus stock include Donald House, Nicolas Sokolow and Warren B Kanders.
View institutional ownership trends for Clarus
.

Which institutional investors are buying Clarus stock?

CLAR stock was purchased by a variety of institutional investors in the last quarter, including Alliancebernstein L.P..
View insider buying and selling activity for Clarus
or or view top insider-buying stocks.

How do I buy shares of Clarus?

Shares of CLAR 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.

What is Clarus' stock price today?

One share of CLAR stock can currently be purchased for approximately $28.52.

How much money does Clarus make?

Clarus has a market capitalization of $898.09 million and generates $224.01 million in revenue each year. The company earns $5.55 million in net income (profit) each year or $0.53 on an earnings per share basis.

How many employees does Clarus have?

Clarus employs 600 workers across the globe.

What is Clarus' official website?

The official website for Clarus is www.claruscorp.com.

Where are Clarus' headquarters?

Clarus is headquartered at 2084 EAST 3900 SOUTH, SALT LAKE CITY UT, 84124.

How can I contact Clarus?

Clarus' mailing address is 2084 EAST 3900 SOUTH, SALT LAKE CITY UT, 84124. The company can be reached via phone at 801-278-5552 or via email at [email protected]


This page was last updated on 7/31/2021 by MarketBeat.com Staff
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