Clarus Corp

Clarus Corp Stock Forecast & Price Prediction

Live Clarus Corp Stock (CLAR) Price
$4.54

7

Ratings

  • Buy 4
  • Hold 3
  • 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

$4.54

P/E Ratio

-16.81

Volume Traded Today

$102,400

Dividend

$0.025

52 Week High/low

7.55/3.89

Clarus Corp Market Cap

$172.2M

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CLAR Summary

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.

CLAR Analyst Ratings

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.

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
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

CLAR Company Information

What They Do: Designs and distributes outdoor equipment and lifestyle products.

Business Model: Clarus Corporation generates revenue by designing, manufacturing, and distributing a wide range of outdoor equipment and lifestyle products through two main segments: Outdoor and Adventure. The Outdoor segment focuses on apparel and climbing gear, while the Adventure segment offers automotive accessories for outdoor enthusiasts. Products are marketed through specialty stores, distributors, and online channels.

Other Information: Founded in 1957 and headquartered in Salt Lake City, Utah, the company previously operated under the name Black Diamond, Inc. Clarus Corporation markets its products under well-known brands such as Black Diamond Equipment, PIEPS, Rhino-Rack, MAXTRAX, and TRED, catering to a diverse range of outdoor activities and customers.
CLAR
Clarus Corp (CLAR)

When did it IPO

2017

Staff Count

500

Country

United States

Sector/Industry

Consumer Cyclical/Leisure

CEO

Market Cap

$172.2M

Clarus Corp (CLAR) Financial Data

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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$286.0M

0.00 %
From Previous Year
  • Revenue TTM $269.4M
  • Operating Margin TTM -6.5%
  • Gross profit TTM $97.5M
  • Return on assets TTM -3.6%
  • Return on equity TTM -7.4%
  • Profit Margin 1.8%
  • Book Value Per Share 8.04%
  • Market capitalisation $172.2M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $286.0M
  • EPS this year (TTM) $-0.58

Clarus Corp (CLAR) Latest News

News Image

Sat, 09 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Wed, 30 Oct 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Sun, 15 Sep 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

...

CLAR Frequently asked questions

The highest forecasted price for CLAR is $8 from Anna Glaessgen at B. Riley Securities.

The lowest forecasted price for CLAR is $3.74 from from

The CLAR analyst ratings consensus are 4 buy ratings, 3 hold ratings, and 0 sell ratings.