Clear Secure Inc (NYSE: YOU) is -2.94% lower on its value in year-to-date trading and has touched a low of $14.64 and a high of $26.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The YOU stock was last observed hovering at around $19.22 in the last trading session, with the day’s gains setting it 0.52%.
Currently trading at $19.74, the stock is -0.15% and 2.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.92 million and changing 2.71% at the moment leaves the stock -1.26% off its SMA200. YOU registered -13.70% loss for a year compared to 6-month gain of 20.00%. The firm has a 50-day simple moving average (SMA 50) of $2.06 and a 200-day simple moving average (SMA200) of $30.25.
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The stock witnessed a 0.67% loss in the last 1 month and extending the period to 3 months gives it a -7.08%, and is -5.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.58% over the week and 3.36% over the month.
Clear Secure Inc (YOU) has around 3698 employees, a market worth around $1.86B and $613.58M in sales. Current P/E ratio is 64.09 and Fwd P/E is 18.76. Profit margin for the company is 4.58%. Distance from 52-week low is 34.84% and -25.75% from its 52-week high. The company has generated returns on investments over the last 12 months (7.92%).
Clear Secure Inc quarterly earnings per share for the current quarter are estimated at $0.16 with sales reaching $173.22M over the same period.The EPS is expected to grow by 43.61% this year, but quarterly earnings will post 21.60% year-over-year.
Clear Secure Inc (YOU) Top Institutional Holders
289 institutions hold shares in Clear Secure Inc (YOU), with institutional investors hold 110.59% of the company’s shares. The shares outstanding are 91.79M, and float is at 88.92M with Short Float at 13.72%. Institutions hold 99.36% of the Float.
The top institutional shareholder in the company is Durable Capital Partners Lp with over 11.45 million shares valued at $265.3 million. The investor’s holdings represent 12.87% of the YOU Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 9.11 million shares valued at $210.99 million to account for 10.23% of the shares outstanding. The other top investors are T. Rowe Price Investment Management, Inc. which holds 8.79 million shares representing 9.88% and valued at over $203.73 million, while Delta Air Lines Inc holds 9.30% of the shares totaling 8.28 million with a market value of $191.8 million.
Clear Secure Inc (YOU) Insider Activity
The most recent transaction is an insider sale by Patterson Richard N. Jr.,the company’sCISO. SEC filings show that Patterson Richard N. Jr. sold 7,500 shares of the company’s common stock on Feb 14 ’24 at a price of $20.00 per share for a total of $0.15 million. Following the sale, the insider now owns 41727.0 shares.
Clear Secure Inc disclosed in a document filed with the SEC on Aug 02 ’23 that Durable Capital Partners LP (10% Owner) sold a total of 2,640,735 shares of the company’s common stock. The trade occurred on Aug 02 ’23 and was made at $25.27 per share for $66.73 million. Following the transaction, the insider now directly holds 8.81 million shares of the YOU stock.
Still, SEC filings show that on Jun 16 ’23, Durable Capital Partners LP (10% Owner) disposed off 26,642 shares at an average price of $24.63 for $0.66 million. The insider now directly holds 11,449,946 shares of Clear Secure Inc (YOU).
