Clarus Corp [NASDAQ: CLAR] loss -1.58% on the last trading session, reaching $3.12 price per share at the time.
If compared to the average trading volume of 185.46K shares, CLAR reached a trading volume of 120195 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Clarus Corp [CLAR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CLAR shares is $4.42 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CLAR stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
ROTH MKM have made an estimate for Clarus Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 02, 2024. While these analysts kept the previous recommendation, Jefferies raised their target price from $13 to $7. The new note on the price target was released on January 04, 2024, representing the official price target for Clarus Corp stock. Previously, the target price had yet another raise to $12, while B. Riley Securities analysts kept a Buy rating on CLAR stock. On May 03, 2023, analysts decreased their price target for CLAR shares from 12 to 10.
The Average True Range (ATR) for Clarus Corp is set at 0.16, with the Price to Sales ratio for CLAR stock in the period of the last 12 months amounting to 0.47. The Price to Book ratio for the last quarter was 0.52, with the Price to Cash per share for the same quarter was set at 1.08. Price to Free Cash Flow for CLAR in the course of the last twelve months was 124.80 with Quick ratio for the last quarter at 2.27.
Trading performance analysis for CLAR stock
Clarus Corp [CLAR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.59. With this latest performance, CLAR shares dropped by -9.04% in over the last four-week period, additionally sinking by -26.76% over the last 6 months – not to mention a drop of -54.19% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CLAR stock in for the last two-week period is set at 39.94, with the RSI for the last a single of trading hit 39.95, and the three-weeks RSI is set at 39.57 for Clarus Corp [CLAR]. The present Moving Average for the last 50 days of trading for this stock 3.50, while it was recorded at 3.13 for the last single week of trading, and 4.26 for the last 200 days.
Clarus Corp [CLAR]: A deeper dive into fundamental analysis
Clarus Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.27 and a Current Ratio set at 4.46.
Clarus Corp [CLAR]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CLAR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Clarus Corp go to 67.40%.
An analysis of Institutional ownership at Clarus Corp [CLAR]
There are presently around $76.29%, or 83.56%% of CLAR stock, in the hands of institutional investors. The top three institutional holders of CLAR stocks are: GREENHOUSE FUNDS LLLP with ownership of 5.32 million shares, which is approximately 13.8856%. BROWN ADVISORY INC, holding 3.98 million shares of the stock with an approximate value of $$26.8 million in CLAR stocks shares; and BROWN ADVISORY INC, currently with $$22.29 million in CLAR stock with ownership which is approximately 8.6469%.
