Clarus Corp

Clarus Corp Stock Forecast & Price Prediction

Live Clarus Corp Stock (CLAR) Price
$4

3

Ratings

  • Buy 2
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$4

P/E Ratio

-15.93

Volume Traded Today

$650,811

Dividend

$0.025

52 Week High/low

7.65/4.19

Clarus Corp Market Cap

$165.7M

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CLAR Summary

The Clarus Corp (CLAR) share price is expected to increase by 66.75% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered CLAR. Price targets range from $5 at the low end to $9 at the high end. The current analyst consensus for CLAR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

CLAR Analyst Ratings

About 3 Wall Street analysts have assigned CLAR 2 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Clarus Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CLAR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CLAR stock forecast by analyst

These are the latest 20 analyst ratings of CLAR.

Analyst/Firm

Rating

Price Target

Change

Date

Anna Glaessgen
B. Riley Securities

Buy

$7

Maintains

Aug 5, 2024
Matt Koranda
Roth MKM

Neutral

$6

Downgrade

Aug 2, 2024
Anna Glaessgen
B. Riley Securities

Buy

$9

Maintains

May 6, 2024
Matt Koranda
Roth MKM

Buy

$7.5

Maintains

Mar 13, 2024
Mark Smith
Lake Street

Buy

$6

Maintains

Mar 8, 2024
Anna Glaessgen
B. Riley Securities

Buy

$8

Maintains

Mar 7, 2024
Randal Konik
Jefferies

Hold

$7

Downgrade

Jan 4, 2024
Matt Koranda
Roth MKM

Buy

$9.5

Reiterates

Sep 19, 2023
Jim Duffy
Stifel

Buy

$13

Reiterates

Sep 18, 2023
Mark Smith
Lake Street

Buy

$14

Maintains

Aug 8, 2023
Alexander Perry
B of A Securities

Neutral

$9

Maintains

Aug 8, 2023
Anna Glaessgen
B. Riley Securities

Buy

$12

Initiates

Jun 29, 2023
Alexander Perry
B of A Securities

Neutral

$10

Downgrade

May 3, 2023
Matt Koranda
Roth MKM

Buy

$12

Maintains

May 2, 2023
Linda Bolton Weiser
DA Davidson

Neutral

$9

Reiterates

Apr 10, 2023
Mark Smith
Lake Street

Buy

$20

Maintains

Feb 28, 2023
Linda Bolton Weiser
DA Davidson

Neutral

$9

Downgrade

Nov 8, 2022
Randal Konik
Jefferies

Buy

$35

Maintains

Sep 30, 2022
Joseph Altobello
Raymond James

Market Perform


Downgrade

Aug 18, 2022
Joseph Altobello
Raymond James

Outperform

$28

Maintains

Aug 2, 2022

CLAR Company Information

  • Company Overview: Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products.
  • Market Presence: Operates in the United States and internationally.
  • Business Segments: Divided into two main segments: Outdoor and Adventure.
  • Outdoor Segment Products:
    • Apparel: shells, insulation, midlayers, pants, logowear.
    • Rock-climbing footwear and equipment: carabiners, protection devices, harnesses, belay devices, helmets, ice-climbing gear.
    • Technical gear: backpacks, trekking poles, headlamps, gloves, skis, avalanche safety equipment.
    • Brands: Black Diamond Equipment and PIEPS.
  • Adventure Segment Products:
    • Automotive gear: roof racks, trays, mounting systems, luggage boxes, recovery boards.
    • Overlanding products: vehicle recovery and extraction tracks under the MAXTRAX brand, and retail under the TRED brand.
    • Brand: Rhino-Rack.
  • Distribution Channels: Products are marketed through independent specialty stores, sporting goods stores, distributors, and online platforms.
  • Company History: Formerly known as Black Diamond, Inc.; rebranded to Clarus Corporation in August 2017.
  • Founded: Established in 1957, headquartered in Salt Lake City, Utah.
CLAR
Clarus Corp (CLAR)

When did it IPO

N/A

Staff Count

500

Country

United States

Sector/Industry

Consumer Cyclical/Leisure

CEO

Market Cap

$165.7M

Clarus Corp (CLAR) Financial Data

In 2023, CLAR generated $286.0M in revenue, which was a decrease of -9.27% from the previous year. This can be seen as a signal that CLAR's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$224.0M

Revenue From 2021

$266.0M

18.73 %
From Previous Year

Revenue From 2022

$315.3M

18.53 %
From Previous Year

Revenue From 2023

$286.0M

-9.27 %
From Previous Year
  • Revenue TTM $283.6M
  • Operating Margin TTM -13.6%
  • Gross profit TTM $97.5M
  • Return on assets TTM -3.1%
  • Return on equity TTM -7.2%
  • Profit Margin 2.4%
  • Book Value Per Share 8.02%
  • Market capitalisation $165.7M
  • Revenue for 2021 $266.0M
  • Revenue for 2022 $315.3M
  • Revenue for 2023 $286.0M
  • EPS this year (TTM) $-0.55

Clarus Corp (CLAR) Latest News

News Image

Mon, 05 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Clarus Corporation (NASDAQ:CLAR ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Matt Berkowitz - External Director of Investor Relations Warren Kanders - Executive Chairman Michael Yates - Chief Financial Officer Mathew Hayward - Managing Director of Clarus' Adventure Segment Neil Fiske - President of Black Diamond Equipment Conference Call Participants Matthew Koranda - ROTH Capital Partners LLC Anna Glaessgen - B. Riley Securities, Inc. Peter McGoldrick - Stifel Mark Smith - Lake Street Capital Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Clarus Corporation's financial results for the second quarter ended June 30, 2024.

News Image

Thu, 01 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Makes Incremental Progress Executing Strategic Initiatives to Accelerate Long-Term Growth Three Veteran Operating and Sales Executives Added to Adventure Team to Support U.S., International and OEM Markets Strategic Review Initiated for PIEPS Snow Safety Brand within the Outdoor Segment SALT LAKE CITY, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR)ย (โ€œClarusโ€ and/or the โ€œCompanyโ€), a global company focused on the outdoor enthusiast markets, reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Summary vs.

News Image

Tue, 30 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - SALT LAKE CITY, July 30, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (โ€œClarusโ€ and/or the โ€œCompanyโ€), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company's regular quarterly cash dividend of $0.025 per share.

News Image

Fri, 19 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - SALT LAKE CITY, July 19, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (โ€œClarusโ€ and/or the โ€œCompanyโ€), a global company focused on the outdoor enthusiast markets, will hold a conference call on Thursday, August 1, 2024, at 5:00 pm ET to discuss its financial results for the second quarter ended June 30, 2024. The financial results will be reported in a press release after the close of regular stock market trading hours on the same day as the conference call.

News Image

Thu, 18 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - - Appoints Tripp Wyckoff as General Manager of Adventure Americas - - Appoints David Cook as Global Head of OEM - - Appoints Daniel Bruntsch as Head of EMEA Sales -

News Image

Wed, 15 May 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - SALT LAKE CITY, May 15, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (โ€œClarusโ€ and/or the โ€œCompanyโ€), a global company focused on the outdoor enthusiast markets, announced today that Chief Financial Officer Mike Yates will be participating in the following investor conferences:

...

CLAR Frequently asked questions

The highest forecasted price for CLAR is $9 from Linda Bolton Weiser at DA Davidson.

The lowest forecasted price for CLAR is $5 from from

The CLAR analyst ratings consensus are 2 buy ratings, 1 hold ratings, and 0 sell ratings.