NASDAQ:CLRO - Clearone Stock Price, News, & Analysis

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$2.4442 -0.01 (-0.41 %)
(As of 08/19/2018 04:00 PM ET)
Previous Close$2.4442
Today's Range$2.35 - $2.45
52-Week Range$2.06 - $9.95
Volume16,573 shs
Average Volume9,849 shs
Market Capitalization$19.94 million
P/E RatioN/A
Dividend Yield8.40%
Beta0.35
Clearone logoClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, streaming, and digital signage solutions for voice and visual communications in the United States and internationally. The company offers various professional audio communication products, including professional conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; and professional microphones for use in various applications. It also provides unified communications audio end points comprising traditional tabletop conferencing phones used in conference rooms and offices; and personal conferencing products that could be used with PCs, laptops, tablets, smartphones, and other portable devices. The company's audio communication products and unified communications audio end points enhance communication during a conference call by eliminating echo and background noise. In addition, it offers visual communication products, such as video conferencing products; streaming products, which deliver the Internet protocol (IP) A/V experience by streaming time sensitive high definition audio and video and control over TCP/IP networks; and digital signage systems. The company sells its commercial products to a network of independent audiovisual, information technology, and telecommunications distributors, as well as independent systems integrators, dealers, value-added resellers, and end-users. ClearOne, Inc. was founded in 1983 and is headquartered in Salt Lake City, Utah.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Telephone & telegraph apparatus
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:CLRO
CUSIPN/A
Phone801-975-7200

Debt

Debt-to-Equity RatioN/A
Current Ratio4.82
Quick Ratio2.58

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$41.80 million
Price / Sales0.49
Cash FlowN/A
Price / CashN/A
Book Value$6.72 per share
Price / Book0.36

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-14,170,000.00
Net Margins-49.58%
Return on Equity-9.21%
Return on Assets-7.81%

Miscellaneous

Employees151
Outstanding Shares8,310,000
Market Cap$19.94 million

Clearone (NASDAQ:CLRO) Frequently Asked Questions

What is Clearone's stock symbol?

Clearone trades on the NASDAQ under the ticker symbol "CLRO."

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

Clearone declared a quarterly dividend on Wednesday, February 21st. Investors of record on Wednesday, March 7th will be paid a dividend of $0.07 per share on Wednesday, March 21st. This represents a $0.28 annualized dividend and a yield of 11.46%. The ex-dividend date is Tuesday, March 6th. View Clearone's Dividend History.

How will Clearone's stock buyback program work?

Clearone declared that its board has approved a stock buyback plan on Sunday, April 9th 2017, which authorizes the company to repurchase $10,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

How were Clearone's earnings last quarter?

Clearone Inc (NASDAQ:CLRO) released its quarterly earnings data on Thursday, August, 9th. The communications equipment provider reported ($0.22) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.25) by $0.03. The communications equipment provider had revenue of $6.97 million for the quarter. Clearone had a negative net margin of 49.58% and a negative return on equity of 9.21%. View Clearone's Earnings History.

When is Clearone's next earnings date?

Clearone is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. View Earnings Estimates for Clearone.

What price target have analysts set for CLRO?

1 equities research analysts have issued 12 month target prices for Clearone's stock. Their predictions range from $6.00 to $6.00. On average, they anticipate Clearone's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 145.5% from the stock's current price. View Analyst Price Targets for Clearone.

What is the consensus analysts' recommendation for Clearone?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearone in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Clearone.

Who are some of Clearone's key competitors?

Who are Clearone's key executives?

Clearone's management team includes the folowing people:
  • Ms. Zeynep Hakimoglu, Chairman, CEO & Pres (Age 62)
  • Mr. Narsi Narayanan, Sr. VP of Fin. & Corp. Sec. (Age 48)
  • Mr. Joe Stockton, Professional

Has Clearone been receiving favorable news coverage?

News headlines about CLRO stock have been trending positive this week, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Clearone earned a media and rumor sentiment score of 0.36 on Accern's scale. They also assigned press coverage about the communications equipment provider an impact score of 47.68 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Clearone.

How do I buy shares of Clearone?

Shares of CLRO 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 Clearone's stock price today?

One share of CLRO stock can currently be purchased for approximately $2.4442.

How big of a company is Clearone?

Clearone has a market capitalization of $19.94 million and generates $41.80 million in revenue each year. Clearone employs 151 workers across the globe.

How can I contact Clearone?

Clearone's mailing address is 5225 WILEY POST WAY, SALT LAKE CITY UT, 84116. The communications equipment provider can be reached via phone at 801-975-7200 or via email at [email protected]


MarketBeat Community Rating for Clearone (NASDAQ CLRO)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  215 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  346
MarketBeat's community ratings are surveys of what our community members think about Clearone and other stocks. Vote "Outperform" if you believe CLRO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLRO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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