NASDAQ:CLAR - Clarus Stock Price, News, & Analysis

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$12.06 -0.04 (-0.33 %)
(As of 03/19/2019 02:42 PM ET)
Previous Close$12.10
Today's Range$12.00 - $12.15
52-Week Range$6.35 - $12.72
Volume51,071 shs
Average Volume103,589 shs
Market Capitalization$359.99 million
P/E Ratio21.16
Dividend Yield0.85%
Beta1.33
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 with focus on the climb, ski, mountain, sport, and skincare categories. 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 that include 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, 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-inspired 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. The company was incorporated in 1991 and is headquartered in Salt Lake City, Utah.

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Industry, Sector and Symbol

Industry Sporting & athletic goods, not elsewhere classified
Sub-IndustryN/A
SectorConsumer Discretionary
Current SymbolNASDAQ:CLAR
Previous SymbolNASDAQ:BDE
CUSIPN/A
Phone801-278-5552

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$212.14 million
Cash Flow$0.8868 per share
Book Value$5.57 per share

Profitability

Net Income$7.30 million

Miscellaneous

Employees500
Market Cap$359.99 million
Next Earnings Date5/6/2019 (Estimated)
OptionableOptionable

Clarus (NASDAQ:CLAR) Frequently Asked Questions

What is Clarus' stock symbol?

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

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

Clarus declared a quarterly dividend on Friday, January 18th. Stockholders of record on Tuesday, January 29th will be paid a dividend of $0.025 per share on Friday, February 8th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend is Monday, January 28th. View Clarus' Dividend History.

How were Clarus' earnings last quarter?

Clarus Corp (NASDAQ:CLAR) issued its quarterly earnings results on Monday, March, 4th. The company reported $0.17 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.17. The firm had revenue of $57.31 million for the quarter, compared to the consensus estimate of $57 million. Clarus had a return on equity of 10.30% and a net margin of 3.44%. View Clarus' Earnings History.

When is Clarus' next earnings date?

Clarus is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Clarus.

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

Clarus issued an update on its FY 2019 earnings guidance on Monday, March, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $294.4-294.4 million, compared to the consensus revenue estimate of $228.28 million.

What price target have analysts set for CLAR?

4 brokers have issued 1 year target prices for Clarus' shares. Their predictions range from $12.00 to $15.00. On average, they anticipate Clarus' stock price to reach $13.3333 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Price Targets for Clarus.

What is the consensus analysts' recommendation for Clarus?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clarus in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Clarus.

Has Clarus been receiving favorable news coverage?

Media coverage about CLAR stock has trended somewhat positive on Tuesday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Clarus earned a news sentiment score of 1.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

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 Advanced Micro Devices (AMD), Square (SQ), Intel (INTC), Micron Technology (MU), WPX Energy (WPX), Netflix (NFLX), Ford Motor (F), QUALCOMM (QCOM), Procter & Gamble (PG) and The Coca-Cola (KO).

Who are Clarus' key executives?

Clarus' management team includes the folowing people:
  • Mr. Warren B. Kanders, Exec. Chairman & Principal Exec. Officer (Age 61)
  • Mr. John C. Walbrecht, Pres (Age 51)
  • Mr. Aaron J. Kuehne, Chief Admin. Officer, CFO, Sec. & Treasurer (Age 40)
  • Radhika Ray, VP of Strategy & Investor Relations
  • Chris Grover, VP of Sales

Who are Clarus' major shareholders?

Clarus' stock is owned by a number of of institutional and retail investors. Top institutional investors include Brown Advisory Inc. (5.46%), BlackRock Inc. (3.85%), Wynnefield Capital Inc. (2.47%), Dimensional Fund Advisors LP (1.94%), Dimensional Fund Advisors LP (1.94%) and Northern Trust Corp (0.84%). Company insiders that own Clarus stock include Aaron Kuehne, Nicolas Sokolow and Warren B Kanders. View Institutional Ownership Trends for Clarus.

Which major investors are selling Clarus stock?

CLAR stock was sold by a variety of institutional investors in the last quarter, including Wynnefield Capital Inc., Ancora Advisors LLC, Two Sigma Investments LP, Boston Partners, ARS Investment Partners LLC, Algert Global LLC, Stifel Financial Corp and Baker Ellis Asset Management LLC. View Insider Buying and Selling for Clarus.

Which major investors are buying Clarus stock?

CLAR stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Oberweis Asset Management Inc., Bank of New York Mellon Corp, Millennium Management LLC, Zacks Investment Management, ClariVest Asset Management LLC, BlackRock Inc. and Segall Bryant & Hamill LLC. Company insiders that have bought Clarus stock in the last two years include Aaron Kuehne and Nicolas Sokolow. View Insider Buying and Selling for Clarus.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Clarus' stock price today?

One share of CLAR stock can currently be purchased for approximately $12.06.

How big of a company is Clarus?

Clarus has a market capitalization of $359.99 million and generates $212.14 million in revenue each year. The company earns $7.30 million in net income (profit) each year or $0.57 on an earnings per share basis. Clarus employs 500 workers across the globe.

What is Clarus' official website?

The official website for Clarus is http://www.claruscorp.com.

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]


MarketBeat Community Rating for Clarus (NASDAQ CLAR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  173 (Vote Outperform)
Underperform Votes:  165 (Vote Underperform)
Total Votes:  338
MarketBeat's community ratings are surveys of what our community members think about Clarus and other stocks. Vote "Outperform" if you believe CLAR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLAR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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