The stock of Clear Secure Inc. (NYSE:YOU) decreased by -$0.26 on Friday to finish at $21.59, down -1.19 percent. The last five days have seen an average of 1,141,360 shares of common stock traded. 12 times new highs were reached in the current year, with a fall of -$5.84. The average number of shares traded over the last 20 days was 1,459,205, while the average volume over the last 50 days totaled 1,386,382.
YOU stock dropped -8.13% since last month. On 08/22/23, the company’s shares reached a one-month low of $21.46. The stock touched a high of $34.72 on 02/03/23, after rallying from a low of $21.46 in 52 weeks. The price of YOU stock has declined by -20.65% or -$5.84 this year, reaching a new high 12 times. Still, the stock price is down -37.81% from the 52-week high.
Insider Transactions
YOU stock investors should be aware that Clear Secure Inc. (YOU) stock had its last reported insider trading activity 26 days ago on Aug 02. On Aug 02, 10% Owner Durable Capital Partners LP sold 2,640,735 shares at $25.27 each. This transaction resulted in the insider making $66,726,857. On Jun 16, Durable Capital Partners LP sold 26,642 shares at a price of US$24.63. After the transaction, the insider now owns 11,449,946 shares. EVP, Operations Moshkani Seyed Kasra had earlier sold 1,000 shares on Apr 12 for $27.29 a share. The transaction was completed for $27,290.
Valuation Metrics
Beta for the stock is 1.33. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 6.30, the price-to-book (PB) ratio of 7.32, and the price-to-cash flow ratio of 17.10.
Company paid $0.07 per share in dividends, a decrease of -72.0% from $0.25 last year. A $0.18 dividend decrease was reported on Wednesday August 2 2023.
Financial Health
For the three months ended June 29, Clear Secure Inc.’s quick ratio was 1.60, while its current ratio was 1.60, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 86.20% percent. Clear Secure Inc.’s EBITDA margin for the year ended June 29 was -24.35%, whereas its operating margin stood at -21.50% for the same period. Based on annual data, it had gross profit of $276.38 million and revenue of $437.43 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. YOU’s return on assets (ROA) during the last 12 months has been -4.80%. There was a -43.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -17.20%.
Earnings Surprise
According to Clear Secure Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $149.87 million, while revenues rose by 31.46% to $132.36 million. It was predicted that Clear Secure Inc.’s quarterly earnings would be $0.15, but it ended up being $0.07, beating the consensus by 114.30%. EBITDA was $1.84 million for the quarter. At the end of Clear Secure Inc.’s most recent quarter ended June 29, its liabilities totaled 624.09 million, while its total debt was $130.06 million. Equity owned by shareholders amounts to $151.78 million.
Technical Picture
Here’s a quick look at Clear Secure Inc.’s (YOU) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 33.48%, suggesting the stock is Neutral, with a 23.97% historical volatility rate.
The stochastic %K and %D were 13.14% and 13.80% respectively, while the average true range (ATR) was 0.80. Based on the 14-day stochastic reading of 5.20%, the RSI (14) reading is 38.27%. On the 9-day MACD Oscillator, the stock is at -0.45, and the 14-day reading is at -0.83.
Analyst Ratings
Analysts have assigned Clear Secure Inc. (YOU) an Overweight rating. YOU is a stock that is recommended for selling by 0 brokerage firms, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 2 others recommend it as a buy.
What is YOU’s price target for the next 12 months?
The current consensus forecast for the stock is between $23.00 and $40.00, with a median target price of $28.00. In analyzing these forecasts, the average price target given by analysts for Clear Secure Inc. (YOU) is $29.71.
