The Clarus Corp (CLAR) share price is expected to increase by 14.82% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered CLAR. Price targets range from $3.74 at the low end to $8 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.
About 7 Wall Street analysts have assigned CLAR 4 buy ratings, 3 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.
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 |
Alexander Perry B of A Securities | Neutral | $9 | Maintains | Aug 8, 2023 |
Mark Smith Lake Street | Buy | $14 | 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 |
When did it IPO
2017
Staff Count
500
Country
United States
Sector/Industry
Consumer Cyclical/Leisure
CEO
Market Cap
$172.2M
In 2023, CLAR generated $286.0M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CLAR's business is growing, and its share price could be worth more 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
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Clarus Corporation (NASDAQ:CLAR) will discuss its Q3 2024 financial results on November 7, 2024, at 5:00 PM ET, featuring key executives including CFO Mike Yates and Executive Chairman Warren Kanders.
Why It Matters - Clarus Corporation's Q3 2024 results will provide insights into financial performance and strategic direction, influencing stock valuation and investor sentiment.
Summary - The company is actively progressing with its strategic plan to leverage long-term growth opportunities.
Why It Matters - The focus on a strategic plan indicates potential for future growth and value creation, suggesting a positive outlook for the company's performance and attractiveness to investors.
Summary - Clarus Corporation (NASDAQ: CLAR) announced a regular quarterly cash dividend of $0.025 per share, confirmed by its board of directors.
Why It Matters - Clarus Corporation's declaration of a quarterly cash dividend signals financial stability and returns value to shareholders, potentially boosting investor confidence and stock demand.
Summary - Clarus aims to enhance profitability by revamping Black Diamond Equipment and expanding the Adventure segment in the US, leveraging SKU reductions and targeting growth through acquisitions.
Why It Matters - Clarus's success in revitalizing Black Diamond Equipment and expanding the Adventure segment can drive profitability, aligning with rising consumer trends, which may enhance investor confidence and stock performance.
Summary - Clarus Corporation (NASDAQ: CLAR) will announce Q3 2024 financial results on November 7, 2024, at 5:00 pm ET, followed by a conference call. Results will be released after market close.
Why It Matters - Clarus Corporation's upcoming conference call on Q3 results may signal performance trends, impacting stock valuation and investor sentiment in the outdoor market segment.
Summary - Clarus has zero net debt after selling its precision sports business. Despite reduced EBITDA guidance, it anticipates profitability growth by Q4 from new products and a strong summer season.
Why It Matters - Clarus's net debt-free status enhances financial stability, while new product launches and seasonal demand could drive profitability, despite current weak market conditions and reduced EBITDA guidance.