Analysts’ Views On Clear Secure Inc. (YOU)

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Clear Secure Inc. (NYSE:YOU) finished Friday with a subtraction of -$0.04 to close at $27.43, a downside of -0.15 percent. An average of 829,500 shares of common stock have been traded in the last five days. There was a fall of -$0.97 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 885,895 shares traded, while the 50-day average volume stands at 973,340.

YOU stock has decreased by -11.74% in the last month. The company shares reached their 1-month lowest point of $26.31 on 12/27/22. With the stock rallying to its 52-week high on 05/17/22, shares of the company touched a low of $18.64 and a high of $34.80 in 52 weeks. It has reached a new high 4 times so far this year and lost -11.87% or -$3.94 in price. In spite of this, the price is down -21.19% from the 52-week high.

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Insider Transactions

YOU stock investors should be aware that Clear Secure Inc. (YOU) stock had its last reported insider trading activity 17 days ago on Dec 14. In this transaction, the insider spent $105,630. GC, Chief Privacy Off & Sec, Levine Matthew, disposed of 6,000 shares at a price of $32.02 on Dec 01. The insider now owns more than $192,120 worth of shares. Prior to that, Chief Info Sec. Officer Patterson Richard N. Jr. went on to Sale 1,000 shares at $32.76 each on Nov 23. An amount of $32,760 was transacted.

Valuation Metrics

Clear Secure Inc. (YOU) has a trailing price-to-sales (P/S) ratio at 11.36, the price-to-book (PB) ratio at 14.14, and the price-to-cash flow ratio at 48.35.

Financial Health

The quick ratio of Clear Secure Inc. for the three months ended September 29 was 2.10, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending September 29. Its gross profit as reported stood at $149.02 million compared to revenue of $253.95 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Clear Secure Inc.’s return on assets was -8.30%.

Earnings Surprise

For the three-month period that ended September 29, Clear Secure Inc. had $342.31 million in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$36.76 million in the quarter, while revenues of -$7.16 million were grew 100.0%. The analyst consensus anticipated Clear Secure Inc.’s latest quarter earnings to come in at $0 per share, but it turned out to be $0.05. For the quarter, EBITDA amounted to -$61.43 million. Shareholders own equity worth $152.43 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Clear Secure Inc. (YOU) price momentum. RSI 9-day as of the close on 30 December was 42.31%, suggesting the stock is Neutral, with historical volatility in this time frame at 59.73%.

As of today, YOU’s price is $27.27 -3.42% or -$0.97 from its 5-day moving average. YOU is currently trading -14.31% lower than its 20-day SMA and +1.78% higher than its 100-day SMA. However, the stock’s current price level is +12.42% above the SMA50 and +32.96% above the SMA200.

The stochastic %K and %D were 18.96% and 18.60%, respectively, and the average true range (ATR) was 1.41. With the 14-day stochastic at 22.98% and the average true range at 1.49, the RSI (14) stands at 44.74%. The stock has reached -0.62 on the 9-day MACD Oscillator while the 14-day reading was at -1.30.

Analyst Ratings

JP Morgan downgraded Clear Secure Inc. (NYSE: YOU) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Overweight.

What is YOU’s price target for the next 12 months?

Analysts predict a range of price targets between $30.00 and $38.00, with a median target of $31.00. Taking a look at these predictions, the average price target given by analysts for Clear Secure Inc. (YOU) stock is $32.50.

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