Expert Outlook: Clear Secure Through The Eyes Of 9 Analysts

In the latest quarter, 9 analysts provided ratings for Clear Secure YOU, showcasing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 4 1 0 0
Last 30D 0 0 1 0 0
1M Ago 1 2 0 0 0
2M Ago 2 2 0 0 0
3M Ago 1 0 0 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $35.22, along with a high estimate of $40.00 and a low estimate of $21.00. This upward trend is apparent, with the current average reflecting a 23.58% increase from the previous average price target of $28.50.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

A comprehensive examination of how financial experts perceive Clear Secure is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Scott Devitt Wedbush Lowers Neutral $21.00 $23.00
Dana Telsey Telsey Advisory Group Maintains Outperform $34.00 -
Joshua Reilly Needham Maintains Buy $40.00 -
Dana Telsey Telsey Advisory Group Maintains Outperform $34.00 $34.00
Dana Telsey Telsey Advisory Group Maintains Outperform $34.00 -
Joshua Reilly Needham Maintains Buy $40.00 -
Dana Telsey Telsey Advisory Group Maintains Outperform $34.00 -
Joshua Reilly Needham Maintains Buy $40.00 -
Joshua Reilly Needham Maintains Buy $40.00 -

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Clear Secure. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Clear Secure compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Clear Secure's stock. This analysis reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Clear Secure's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Clear Secure analyst ratings.

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Get to Know Clear Secure Better

Clear Secure Inc is an identity company making experiences safer and easier digitally and physically. It is involved in the creation of a frictionless travel experience while enhancing security. Its secure identity platform uses biometrics to automate the identity verification process through lanes in airports which helps to make the travel experience safe and easy.

Clear Secure: Delving into Financials

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Positive Revenue Trend: Examining Clear Secure's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 33.3% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Clear Secure's net margin is impressive, surpassing industry averages. With a net margin of 8.17%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Clear Secure's ROE stands out, surpassing industry averages. With an impressive ROE of 5.49%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.33%, the company showcases effective utilization of assets.

Debt Management: Clear Secure's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.55.

Analyst Ratings: Simplified

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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