As of Thursday close, Clear Secure Inc.’s (NYSE:YOU) stock was down -$1.12, moving down -5.64 percent to $18.75. The average number of shares traded per day over the past five days has been 1,207,880 shares. 2 times new highs have been achieved over the past 5 days, with a -$2.23 fall in that time frame. In the last twenty days, the average volume was 1,020,125, while in the previous 50 days, it was 1,273,000.
Since last month, YOU stock retreated -14.77%. Shares of the company fell to $18.56 on 09/21/23, the lowest level in the past month. A 52-week high of $34.72 was reached on 02/03/23 after having rallying from a 52-week low of $19.85. Since the beginning of this year, YOU’s stock price has dropped by -31.09% or -$8.68, and marked a new high 12 times. However, the stock has declined by -45.99% since its 52-week high.
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YOU stock investors should be aware that Clear Secure Inc. (YOU) stock had its last reported insider trading activity 51 days ago on Aug 02. Durable Capital Partners LP, the 10% Owner of the company, disposed of 2,640,735 shares for $25.27 on Aug 02. It resulted in a $66,726,857 divestment by the insider. Durable Capital Partners LP sold 26,642 shares at an average price of $24.63 on Jun 16. The insider now owns 11,449,946 shares following the transaction. On Apr 12, EVP, Operations Moshkani Seyed Kasra sold 1,000 shares at $27.29 apiece. The transaction was valued at $27,290.
Valuation Metrics
The stock’s beta is 1.35. Besides these, the trailing price-to-sales (P/S) ratio of 5.40, the price-to-book (PB) ratio of 6.36, and the price-to-cash flow ratio of 14.65 may also be considered.
The latest dividend of $0.07 per share was paid out, which is -72.0% less than last year’s $0.25. On Wednesday August 2 2023, a $0.18 dividend decrease was announced.
Financial Health
In the three months ended June 29, Clear Secure Inc.’s quick ratio stood at 1.60, while its current ratio was 1.60, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 86.20% percent. In the year ended June 29, EBITDA margin amounted to -24.35%, whereas operating margins totaled -21.50%. Based on annual data, YOU earned $276.38 million in gross profit and brought in $437.43 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -43.60%. Return on equity (ROE) for the past 12 months was -17.20%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. YOU’s revenue rose 31.46% to $132.36 million during the quarter, while net income inched up to $149.87 million. While analysts expected Clear Secure Inc. to report $0.07 quarterly earnings, the actual figure was $0.15 per share, beating the consensus estimate by 114.30%. During the quarter, the company generated $1.84 million in EBITDA. The liabilities of Clear Secure Inc. were 624.09 million at the end of its most recent quarter ended June 29, and its total debt was $130.06 million. The value of shareholders’ equity is $151.78 million.
Technical Picture
This quick technical analysis looks at Clear Secure Inc.’s (YOU) price momentum. With a historical volatility rate of 26.43%, the RSI 9-day stood at 11.52% on 21 September.
With respect to its five-day moving average, the current Clear Secure Inc. price is down by -10.63% percent or -$2.23. At present, YOU shares trade -15.00% below its 20-day simple moving average and -22.49% percent below its 100-day simple moving average. However, the stock is currently trading approximately -26.12% below its SMA50 and -43.71% below its SMA200.
Stochastic coefficient K was 6.38% and Stochastic coefficient D was 11.62%, while ATR was 0.66. Given the Stochastic reading of 5.32% for the 14-day period, the RSI (14) reading has been calculated as 20.26%. As of today, the MACD Oscillator reading stands at -0.90, while the 14-day reading stands at -1.17.
Analyst Ratings
Clear Secure Inc. (YOU) has been rated Overweight by analysts. According to 0 brokerage firms, YOU is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Clear Secure Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $28.00, the current consensus forecast for the stock is $23.00 – $40.00. Based on these forecasts, analysts predict Clear Secure Inc. (YOU) will achieve an average price target of $29.71.
