News headlines about Clarus (NASDAQ:CLAR) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Clarus earned a news impact score of 0.12 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 47.4040627225338 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
CLAR has been the topic of a number of research analyst reports. ValuEngine upgraded shares of Clarus from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd. Zacks Investment Research upgraded shares of Clarus from a “sell” rating to a “hold” rating in a report on Monday, May 14th. DA Davidson restated a “buy” rating on shares of Clarus in a report on Tuesday, May 8th. Lake Street Capital initiated coverage on shares of Clarus in a report on Thursday, April 26th. They issued a “buy” rating and a $10.00 price target on the stock. Finally, Roth Capital set a $7.00 price target on shares of Clarus and gave the stock a “hold” rating in a report on Friday, March 16th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $8.81.
Shares of NASDAQ CLAR traded up $0.05 during mid-day trading on Monday, reaching $7.40. The company had a trading volume of 342 shares, compared to its average volume of 70,358. The company has a current ratio of 4.79, a quick ratio of 2.14 and a debt-to-equity ratio of 0.09. The stock has a market cap of $220.80 million, a PE ratio of 61.67 and a beta of 1.36. Clarus has a 52 week low of $5.20 and a 52 week high of $8.00.
Clarus (NASDAQ:CLAR) last posted its quarterly earnings results on Monday, May 7th. The company reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.01). Clarus had a return on equity of 3.96% and a net margin of 0.65%. The company had revenue of $53.27 million during the quarter, compared to the consensus estimate of $52.60 million. sell-side analysts forecast that Clarus will post 0.44 earnings per share for the current year.
Clarus Company Profile
Clarus Corp. engages in design, manufacture, and marketing of outdoor equipment; and apparel for climbing, mountaineering, backpacking, skiing; and other outdoor recreation activities. Its brands include Black Diamond and PIEPS. The company was founded in 1989 and is headquartered in Salt Lake City, UT.
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