ClearOne Company Profile (NASDAQ:CLRO)

About ClearOne (NASDAQ:CLRO)

ClearOne logoClearOne, Inc. (ClearOne) is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for audio/voice and visual communications. The Company designs, develops, markets and services a line of conferencing products for personal use, as well as traditional tabletop, mid-tier professional products for large, medium and small businesses. The Company's end users range from companies and institutions to small and medium-sized businesses, higher education and government organizations, as well as individual consumers. The Company sells its commercial products to end users primarily through a network of independent distributors, who in turn sells its products to dealers, systems integrators and other resellers. Its products are categorized into the Professional audio communication products; Unified communications audio end points, and Visual communication products. The Company's products include CONVERGE Pro, INTERACT and MAX.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Conferencing Tools & Systems
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CLRO
  • CUSIP: N/A
  • Web: www.clearone.com
Capitalization:
  • Market Cap: $65.84 million
  • Outstanding Shares: 8,550,000
Average Prices:
  • 50 Day Moving Avg: $9.26
  • 200 Day Moving Avg: $10.15
  • 52 Week Range: $7.20 - $12.60
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 13.51
  • P/E Growth: 2.18
Sales & Book Value:
  • Annual Revenue: $45.63 million
  • Price / Sales: 1.44
  • Book Value: $8.47 per share
  • Price / Book: 0.91
Dividend:
  • Annual Dividend: $0.28
  • Dividend Yield: 3.7%
Profitability:
  • EBIDTA: $921,000.00
  • Net Margins: -2.56%
  • Return on Equity: 1.83%
  • Return on Assets: 1.59%
Debt:
  • Current Ratio: 3.53%
  • Quick Ratio: 1.83%
Misc:
  • Average Volume: 8,708 shs.
  • Beta: 1.26
  • Short Ratio: 6.97
 

Frequently Asked Questions for ClearOne (NASDAQ:CLRO)

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 Tuesday, August 8th. Investors of record on Tuesday, August 22nd will be paid a dividend of $0.07 per share on Thursday, September 7th. This represents a $0.28 annualized dividend and a yield of 3.64%. The ex-dividend date of this dividend is Friday, August 18th. View ClearOne's Dividend History.

How will ClearOne's stock buyback program work?

ClearOne announced that its board has initiated a share buyback program on Sunday, April 9th 2017, which authorizes the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 10.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

How were ClearOne's earnings last quarter?

ClearOne, Inc. (NASDAQ:CLRO) released its quarterly earnings data on Wednesday, August, 9th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $0.07. The company had revenue of $10.31 million for the quarter, compared to the consensus estimate of $12.01 million. ClearOne had a positive return on equity of 1.83% and a negative net margin of 2.56%. View ClearOne's Earnings History.

Where is ClearOne's stock going? Where will ClearOne's stock price be in 2017?

2 brokerages have issued 12 month target prices for ClearOne's stock. Their predictions range from $9.75 to $14.50. On average, they anticipate ClearOne's share price to reach $12.13 in the next year. 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:

  • Zeynep Hakimoglu, Chairman of the Board, President, Chief Executive Officer
  • Narsi Narayanan, Senior Vice President of Finance and Corporate Secretary
  • Michael E. Braithwaite, Senior Vice President of Multimedia Streaming Business
  • Brad R. Baldwin, Lead Independent Director
  • Larry R. Hendricks, Independent Director
  • Scott M. Huntsman, Independent Director

Who owns ClearOne stock?

ClearOne's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (2.22%), LSV Asset Management (1.36%), California Public Employees Retirement System (0.29%), Northern Trust Corp (0.14%) and Dimensional Fund Advisors LP (0.13%). Company insiders that own ClearOne stock include Brad Baldwin, Edward D Bagley, Larry Hendricks and Scott Huntsman. View Institutional Ownership Trends for ClearOne.

Who bought ClearOne stock? Who is buying ClearOne stock?

ClearOne's stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc.. Company insiders that have bought ClearOne stock in the last two years include Edward D Bagley and Larry Hendricks. View Insider Buying and Selling for ClearOne.

How do I buy ClearOne stock?

Shares of ClearOne can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ClearOne's stock price today?

One share of ClearOne stock can currently be purchased for approximately $7.70.


MarketBeat Community Rating for ClearOne (NASDAQ CLRO)
Community Ranking:  3.1 out of 5 (  )
Outperform Votes:  101 (Vote Outperform)
Underperform Votes:  63 (Vote Underperform)
Total Votes:  164
MarketBeat's community ratings are surveys of what our community members think about ClearOne and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for ClearOne (NASDAQ:CLRO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $12.13 (57.47% upside)

Analysts' Ratings History for ClearOne (NASDAQ:CLRO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/15/2017B. RileyReiterated RatingBuy$9.75LowView Rating Details
9/7/2016Singular ResearchInitiated CoverageBuy$14.50N/AView Rating Details
(Data available from 8/20/2015 forward)

Earnings

Earnings History for ClearOne (NASDAQ:CLRO)
Earnings by Quarter for ClearOne (NASDAQ:CLRO)
Earnings History by Quarter for ClearOne (NASDAQ CLRO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/9/2017Q2 2017$0.05($0.02)$12.01 million$10.31 millionViewListenView Earnings Details
5/9/2017Q1 2017$0.13$0.01$12.97 million$11.68 millionViewListenView Earnings Details
3/14/2017Q4 2016$0.21($0.02)$10.73 millionViewN/AView Earnings Details
11/8/2016Q316$0.19$0.22$13.76 million$12.90 millionViewListenView Earnings Details
5/5/2016Q1$0.15$0.18$12.82 million$13.00 millionViewN/AView Earnings Details
3/10/2016Q4$0.25$0.24$15.90 million$14.30 millionViewListenView Earnings Details
11/19/2015Q315$0.26$0.28$16.53 million$15.90 millionViewListenView Earnings Details
8/6/2015Q215$0.18$0.19$15.42 million$14.00 millionViewN/AView Earnings Details
4/30/2015Q115$0.13$0.15$13.75 million$13.60 millionViewN/AView Earnings Details
3/12/2015Q414$0.22$0.32$16.30 million$15.40 millionViewListenView Earnings Details
10/23/2014Q3$0.12$0.18$13.77 million$15.74 millionViewListenView Earnings Details
8/12/2014Q2$0.16$0.14$12.22 million$14.11 millionViewListenView Earnings Details
5/6/2014Q114$0.10$0.08$11.75 million$12.71 millionViewN/AView Earnings Details
2/27/2014$0.17$0.19ViewN/AView Earnings Details
10/24/2013$0.11$0.18ViewN/AView Earnings Details
7/31/2013Q2 2013$0.10$0.13ViewN/AView Earnings Details
2/27/2013Q4 2012$0.14$0.13$12.27 million$13.00 millionViewN/AView Earnings Details
11/15/2012Q312$0.12$0.14$11.70 million$11.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for ClearOne (NASDAQ:CLRO)
2017 EPS Consensus Estimate: $0.43
2018 EPS Consensus Estimate: $0.60
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.13$0.13$0.13
Q2 20171$0.05$0.05$0.05
Q3 20171$0.10$0.10$0.10
Q4 20171$0.15$0.15$0.15
Q1 20181$0.08$0.08$0.08
Q2 20181$0.12$0.12$0.12
Q3 20181$0.17$0.17$0.17
Q4 20181$0.23$0.23$0.23
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for ClearOne (NASDAQ:CLRO)
Next Dividend:9/7/2017
Annual Dividend:$0.28
Dividend Yield:3.64%
Payout Ratio:-215.38% (Trailing 12 Months of Earnings)
103.70% (Based on This Year's Estimates)
49.12% (Based on Next Year's Estimates)
Dividend Payments by Quarter for ClearOne (NASDAQ:CLRO)

Dividend History by Quarter for ClearOne (NASDAQ CLRO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/8/2017quarterly$0.072.9%8/18/20178/22/20179/7/2017
5/5/2017quarterly$0.072.65%5/15/20175/17/20175/31/2017
1/31/2017Quarterly$0.051.61%2/13/20172/15/20173/1/2017
11/2/2016quarterly$0.051.82%11/14/201611/16/201611/30/2016
8/3/2016quarterly$0.051.67%8/15/20168/17/20168/31/2016
5/18/2016quarterly$0.051.82%5/27/20166/1/20166/15/2016
2/25/2016quarterly$0.051.66%3/3/20163/7/20163/18/2016
11/12/2015Quarterly$0.0512/2/201512/4/201512/21/2015
10/21/2015Quarterly$0.0411/2/201511/4/201511/18/2015
7/16/2015quarterly$0.041%7/23/20157/27/20158/10/2015
4/28/2015quarterly$0.041.22%4/30/20155/4/20155/15/2015
12/3/2014special$0.1012/10/201412/12/20141/5/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for ClearOne (NASDAQ:CLRO)
Insider Ownership Percentage: 9.51%
Institutional Ownership Percentage: 19.65%
Insider Trades by Quarter for ClearOne (NASDAQ:CLRO)
Institutional Ownership by Quarter for ClearOne (NASDAQ:CLRO)
Insider Trades by Quarter for ClearOne (NASDAQ:CLRO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/14/2017Edward D BagleyDirectorBuy21,037$7.59$159,670.83View SEC Filing  
8/10/2017Edward D BagleyMajor ShareholderBuy10,000$7.85$78,500.00View SEC Filing  
11/9/2016Larry HendricksDirectorBuy1,012$10.50$10,626.00View SEC Filing  
7/21/2016Scott HuntsmanDirectorSell35,832$11.27$403,826.64View SEC Filing  
3/17/2016Brad BaldwinDirectorSell20,000$12.13$242,600.00View SEC Filing  
12/16/2014Zeynep HakimogluCEOSell17,000$9.68$164,560.00View SEC Filing  
12/9/2014Larry HendricksDirectorSell1,000$10.20$10,200.00View SEC Filing  
3/14/2014Brad BaldwinDirectorSell8,537$11.25$96,041.25View SEC Filing  
3/12/2014Brad BaldwinDirectorSell3,300$11.53$38,049.00View SEC Filing  
9/13/2013Michael J BraithwaiteInsiderSell33,914$8.10$274,703.40View SEC Filing  
5/23/2013Larry HendricksDirectorSell2,000$9.30$18,600.00View SEC Filing  
5/10/2013Brad BaldwinDirectorSell1,000$9.14$9,140.00View SEC Filing  
3/11/2013Larry HendricksDirectorSell2,500$6.60$16,500.00View SEC Filing  
3/6/2013Edward D BagleyMajor ShareholderBuy9,400$6.40$60,160.00View SEC Filing  
3/5/2013Edward D BagleyMajor ShareholderBuy9,200$6.40$58,880.00View SEC Filing  
12/13/2012Brad BaldwinDirectorBuy27,000$2.80$75,600.00View SEC Filing  
12/10/2012Edward D BagleyMajor ShareholderBuy5,500$3.80$20,900.00View SEC Filing  
12/10/2012Scott HuntsmanDirectorBuy12,000$2.80$33,600.00View SEC Filing  
9/14/2012Edward D BagleyMajor ShareholderBuy5,700$3.95$22,515.00View SEC Filing  
9/10/2012Scott HuntsmanDirectorBuy15,000$2.80$42,000.00View SEC Filing  
8/17/2012Zeynep HakimogluCEOBuy4,000$3.94$15,760.00View SEC Filing  
8/16/2012Edward D BagleyMajor ShareholderBuy16,800$3.75$63,000.00View SEC Filing  
8/15/2012Edward D BagleyMajor ShareholderBuy11,200$3.80$42,560.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for ClearOne (NASDAQ:CLRO)
Latest Headlines for ClearOne (NASDAQ:CLRO)
Source:
DateHeadline
finance.yahoo.com logoClearOne CONVERGE® Pro 2 DSP Mixers Now Rated "Avaya Compliant"
finance.yahoo.com - August 17 at 6:36 PM
americanbankingnews.com logoClearOne's (CLRO) Buy Rating Reiterated at B. Riley
www.americanbankingnews.com - August 15 at 2:12 PM
americanbankingnews.com logoClearOne, Inc. (CLRO) Director Edward D. Bagley Acquires 21,037 Shares
www.americanbankingnews.com - August 15 at 1:26 PM
americanbankingnews.com logoEdward D. Bagley Purchases 10,000 Shares of ClearOne, Inc. (NASDAQ:CLRO) Stock
www.americanbankingnews.com - August 11 at 10:45 AM
americanbankingnews.com logoClearOne, Inc. (CLRO) Issues Earnings Results, Misses Estimates By $0.07 EPS
www.americanbankingnews.com - August 10 at 8:02 PM
americanbankingnews.com logoClearOne, Inc. (CLRO) Earns "Buy" Rating from B. Riley
www.americanbankingnews.com - August 10 at 12:46 PM
finance.yahoo.com logoEdited Transcript of CLRO earnings conference call or presentation 9-Aug-17 3:30pm GMT
finance.yahoo.com - August 10 at 3:34 AM
finance.yahoo.com logoClearOne Reports Second Quarter 2017 Financial Results
finance.yahoo.com - August 9 at 5:29 PM
finance.yahoo.com logoClearOne reports 2Q loss
finance.yahoo.com - August 9 at 5:29 PM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Plans $0.07 Quarterly Dividend
www.americanbankingnews.com - August 8 at 5:24 PM
finance.yahoo.com logoClearOne® CONVERGE® Pro 2 DSP Mixers Now Cisco Compliant
finance.yahoo.com - August 8 at 4:59 PM
finance.yahoo.com logoClearOne to Report 2017 Second-Quarter Financial Results, and Host Conference Call on Wednesday, Aug 9, 2017
finance.yahoo.com - August 7 at 5:43 PM
finance.yahoo.com logoClearOne Announces Record Date for 2017 Third-Quarter Dividend
finance.yahoo.com - August 7 at 5:43 PM
americanbankingnews.com logoClearOne, Inc. (NASDAQ:CLRO) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - July 11 at 9:04 PM
finance.yahoo.com logoClearOne Awarded InfoComm Best of Show For Its VIEW® Pro 4K Multimedia Networked AV Streaming Solution
finance.yahoo.com - June 20 at 4:59 PM
finance.yahoo.com logoClearOne Adds Two New Powerful DSP Mixers to its CONVERGE® Pro 2 Lineup
finance.yahoo.com - June 13 at 12:39 PM
finance.yahoo.com logoClearOne Introduces Two New Expander Solutions for CONVERGE® Pro 2 DSP Mixers
finance.yahoo.com - June 13 at 12:39 PM
finance.yahoo.com logoClearOne Introduces CONVERGE® Amplifiers Which Complement Any Industry DSP Mixer
finance.yahoo.com - June 12 at 5:21 PM
finance.yahoo.com logoClearOne's VIEW® Pro Multimedia Network AV Streaming Line Goes 4K
finance.yahoo.com - June 12 at 5:21 PM
finance.yahoo.com logoETFs with exposure to ClearOne, Inc. : June 9, 2017
finance.yahoo.com - June 9 at 4:59 PM
finance.yahoo.com logoClearOne Releases COLLABORATE® Versa™ 150 and delivers ease-of-connectivity and quality for BYOD Collaboration in Huddle Spaces and Meeting Rooms
finance.yahoo.com - June 8 at 5:21 PM
finance.yahoo.com logoClearOne Introduces UNITE® 150 Professional PTZ USB Camera
finance.yahoo.com - June 8 at 5:21 PM
finance.yahoo.com logoClearOne, Inc. :CLRO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 29, 2017
finance.yahoo.com - May 29 at 12:03 PM
finance.yahoo.com logoClearOne to Present at the 18th Annual B. Riley & Co. Investor Conference
finance.yahoo.com - May 22 at 12:34 PM
finance.yahoo.com logoClearOne, Inc. : CLRO-US: Dividend Analysis : May 17th, 2017 (record date) : By the numbers : May 19, 2017
finance.yahoo.com - May 19 at 4:15 PM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - May 16 at 8:18 PM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Rating Reiterated by B. Riley
www.americanbankingnews.com - May 16 at 6:58 PM
americanbankingnews.com logoClearOne Incoprorated Forecasted to Earn Q2 2017 Earnings of $0.05 Per Share (CLRO)
www.americanbankingnews.com - May 15 at 7:58 AM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 10 at 4:56 PM
finance.yahoo.com logoEdited Transcript of CLRO earnings conference call or presentation 9-May-17 3:30pm GMT
finance.yahoo.com - May 10 at 8:18 AM
finance.yahoo.com logoClearOne Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 9 at 4:21 PM
finance.yahoo.com logoClearOne reports 1Q loss
finance.yahoo.com - May 9 at 4:21 PM
finance.yahoo.com logoInvestor Network: ClearOne, Inc. to Host Earnings Call
finance.yahoo.com - May 9 at 4:21 PM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Plans Quarterly Dividend of $0.07
www.americanbankingnews.com - May 5 at 6:11 PM
finance.yahoo.com logoClearOne Announces Record Date for 2017 Second-Quarter Dividend
finance.yahoo.com - May 4 at 9:29 PM
finance.yahoo.com logoClearOne to Report 2017 First-Quarter Financial Results, and Host Conference Call on Tuesday, May 9, 2017
finance.yahoo.com - May 4 at 4:28 PM
americanbankingnews.com logoFavorable Media Coverage Extremely Likely to Impact ClearOne Incoprorated (CLRO) Stock Price
www.americanbankingnews.com - May 4 at 1:02 PM
finance.yahoo.com logoClearOne Awarded New Patent for Acoustical Innovation on Beamforming Microphones With Orientation Sensors
finance.yahoo.com - May 3 at 1:56 PM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Receiving Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 10:54 AM
americanbankingnews.com logoSomewhat Favorable Press Coverage Extremely Likely to Impact ClearOne Incoprorated (CLRO) Share Price
www.americanbankingnews.com - April 26 at 12:56 PM
finance.yahoo.com logoClearOne Awarded a New Patent on Echo Cancellation using Beamforming Microphones from the U.S. Patent and Trademark Office
finance.yahoo.com - April 25 at 4:09 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Extremely Likely to Affect ClearOne Incoprorated (CLRO) Stock Price
www.americanbankingnews.com - April 21 at 5:07 PM
americanbankingnews.com logoZacks Investment Research Upgrades ClearOne Incoprorated (CLRO) to Hold
www.americanbankingnews.com - April 11 at 8:31 PM
americanbankingnews.com logoClearOne Incoprorated (CLRO) to Repurchase $10 million in Shares
www.americanbankingnews.com - April 9 at 8:19 AM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Short Interest Update
www.americanbankingnews.com - April 8 at 9:32 AM
finance.yahoo.com logoJust Released! ClearOne's Mobile Dialer Applications for Next-Gen CONVERGE® Pro 2 DSP Platform
finance.yahoo.com - April 7 at 9:02 AM
americanbankingnews.com logoClearOne Incoprorated’s (CLRO) “Buy” Rating Reaffirmed at B. Riley
www.americanbankingnews.com - March 18 at 11:52 PM
biz.yahoo.com logoCLEARONE INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 5:42 PM
finance.yahoo.com logoFrost & Sullivan Shines Spotlight on ClearOne as Leader in Installed Audio Conferencing Endpoints Market
finance.yahoo.com - March 15 at 4:46 PM
finance.yahoo.com logoEdited Transcript of CLRO earnings conference call or presentation 14-Mar-17 3:30pm GMT
finance.yahoo.com - March 15 at 4:46 PM

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Chart

ClearOne (CLRO) Chart for Sunday, August, 20, 2017

This page was last updated on 8/20/2017 by MarketBeat.com Staff