Clarus Corp Stock Today

CLAR Stock  USD 6.66  0.10  1.48%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 39

 
100  
 
Zero
Below Average
Clarus Corp is selling at 6.66 as of the 19th of March 2024; that is -1.48% down since the beginning of the trading day. The stock's lowest day price was 6.6. Clarus Corp has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Clarus Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of February 2024 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
27th of May 1998
Category
Consumer Cyclical
Classification
Consumer Discretionary
Clarus Corporation develops, manufactures, and distributes outdoor equipment and lifestyle products focusing on the outdoor and consumer markets in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America. The company has 38.24 M outstanding shares of which 2.6 M shares are currently shorted by private and institutional investors with about 10.26 trading days to cover. More on Clarus Corp

Clarus Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Clarus Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Clarus Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorSteven Olmstead
Thematic IdeaRecreation (View all Themes)
Business ConcentrationLeisure Products, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, Recreation, Consumer Discretionary, Leisure Products, Leisure, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Clarus Corp report their recommendations after researching Clarus Corp's financial statements, talking to executives and customers, or listening in on Clarus Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Clarus Corp. The Clarus consensus assessment is calculated by taking the average forecast from all of the analysts covering Clarus Corp.
Financial Strength
Based on the analysis of Clarus Corp's profitability, liquidity, and operating efficiency, Clarus Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Clarus Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.460.5774
Significantly Down
Pretty Stable
Gross Profit Margin0.430.3409
Significantly Up
Slightly volatile
Total Current Liabilities179.5 M170.9 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total33.8 M32.3 M
Sufficiently Up
Slightly volatile
Total Assets520.1 M495.3 M
Sufficiently Up
Slightly volatile
Total Current Assets314.7 M299.7 M
Sufficiently Up
Slightly volatile
Clarus Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Clarus Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Clarus Corp's financial leverage. It provides some insight into what part of Clarus Corp's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Clarus Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Clarus Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Clarus Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 136 M in liabilities with Debt to Equity (D/E) ratio of 0.45, which is about average as compared to similar companies. Clarus Corp has a current ratio of 3.56, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Clarus Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Clarus Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Clarus Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Clarus to invest in growth at high rates of return. When we think about Clarus Corp's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

4.12 Million
Clarus Corp (CLAR) is traded on NASDAQ Exchange in USA. It is located in 2084 East 3900 South, Salt Lake City, UT, United States, 84124 and employs 500 people. Clarus Corp is listed under Leisure Products category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 253.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Clarus Corp's market, we take the total number of its shares issued and multiply it by Clarus Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Clarus Corp conducts business under Leisure Products sector and is part of Consumer Discretionary industry. The entity has 38.24 M outstanding shares of which 2.6 M shares are currently shorted by private and institutional investors with about 10.26 trading days to cover. Clarus Corp currently holds about 13.89 M in cash with 31.92 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37.
Check Clarus Corp Probability Of Bankruptcy
Ownership Allocation
Clarus Corp holds a total of 38.24 Million outstanding shares. The majority of Clarus Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Clarus Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Clarus Corp. Please pay attention to any change in the institutional holdings of Clarus Corp as this could imply that something significant has changed or is about to change at the company. Also note that nearly three hundred eighty-two thousand three hundred sixty-three invesors are currently shorting Clarus Corp expressing very little confidence in its future performance.
Check Clarus Ownership Details

Clarus Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Clarus Corp jumping above the current price in 90 days from now is about 5.99%. The Clarus Corp probability density function shows the probability of Clarus Corp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.606 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Clarus Corp will likely underperform. Additionally, the company has an alpha of 0.1225, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 6.66HorizonTargetOdds Above 6.66
93.94%90 days
 6.66 
5.99%
Based on a normal probability distribution, the odds of Clarus Corp to move above the current price in 90 days from now is about 5.99 (This Clarus Corp probability density function shows the probability of Clarus Stock to fall within a particular range of prices over 90 days) .

Clarus Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Clarus Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Clarus Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Clarus Corp's value.
InstituionRecorded OnShares
State Street Corporation2023-12-31
573.3 K
Greenhaven Road Investment Management, L.p.2023-12-31
464 K
Potomac Capital Management, Inc.2023-12-31
433.1 K
Arnhold & S. Bleichroeder Advisers, Llc2023-12-31
391.7 K
Putnam Investments Llc2023-12-31
296.4 K
Bank Of New York Mellon Corp2023-12-31
282.4 K
Citadel Advisors Llc2023-09-30
271.7 K
Royce & Associates, Lp2023-12-31
254.9 K
Kennedy Capital Management Inc2023-12-31
247 K
Brown Advisory Holdings Inc2023-12-31
4.4 M
Greenhouse Funds Lllp2023-09-30
4.1 M
View Clarus Corp Diagnostics

Clarus Corp Historical Income Statement

Clarus Corp Income Statement is one of the three primary financial statements used for reporting Clarus's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Clarus Corp revenue and expense. Clarus Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Clarus Corp's Depreciation And Amortization is relatively stable compared to the past year. As of 03/19/2024, Selling General Administrative is likely to grow to about 134.3 M, while Total Revenue is likely to drop slightly above 166.8 M. View More Fundamentals

Clarus Stock Against Markets

Picking the right benchmark for Clarus Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Clarus Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Clarus Corp is critical whether you are bullish or bearish towards Clarus Corp at a given time. Please also check how Clarus Corp's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Clarus Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Clarus Corp Corporate Directors

Clarus Corp corporate directors refer to members of a Clarus Corp board of directors. The board of directors generally takes responsibility for the Clarus Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Clarus Corp's board members must vote for the resolution. The Clarus Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Clarus Stock?

Before investing in Clarus Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Clarus Corp. To buy Clarus Corp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Clarus Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Clarus Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Clarus Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Clarus Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Clarus Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Clarus Stock please use our How to Invest in Clarus Corp guide.

Already Invested in Clarus Corp?

The danger of trading Clarus Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Clarus Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Clarus Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Clarus Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Clarus Corp is a strong investment it is important to analyze Clarus Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clarus Corp's future performance. For an informed investment choice regarding Clarus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clarus Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Clarus Stock, please use our How to Invest in Clarus Corp guide.
Note that the Clarus Corp information on this page should be used as a complementary analysis to other Clarus Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Clarus Corp's price analysis, check to measure Clarus Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clarus Corp is operating at the current time. Most of Clarus Corp's value examination focuses on studying past and present price action to predict the probability of Clarus Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clarus Corp's price. Additionally, you may evaluate how the addition of Clarus Corp to your portfolios can decrease your overall portfolio volatility.
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Is Clarus Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clarus Corp. If investors know Clarus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clarus Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.69)
Dividend Share
0.1
Earnings Share
(0.42)
Revenue Per Share
7.63
Quarterly Revenue Growth
(0.14)
The market value of Clarus Corp is measured differently than its book value, which is the value of Clarus that is recorded on the company's balance sheet. Investors also form their own opinion of Clarus Corp's value that differs from its market value or its book value, called intrinsic value, which is Clarus Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clarus Corp's market value can be influenced by many factors that don't directly affect Clarus Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clarus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clarus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clarus Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.