Clear Secure Inc (NYSE: YOU) – Not A Clear Buying Opportunity?

Clear Secure Inc (YOU) concluded trading on Thursday at a closing price of $27.05, with 3.5 million shares of worth about $94.73 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 52.39% during that period and on December 05, 2024 the price saw a loss of about -1.13%. Currently the company’s common shares owned by public are about 93.68M shares, out of which, 83.12M shares are available for trading.

Stock saw a price change of 3.60% in past 5 days and over the past one month there was a price change of -26.35%. Year-to-date (YTD), YOU shares are showing a performance of 33.01% which increased to 27.75% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.05 but also hit the highest price of $38.88 during that period. The average intraday trading volume for Clear Secure Inc shares is 2.41 million. The stock is currently trading 1.29% above its 20-day simple moving average (SMA20), while that difference is down -14.10% for SMA50 and it goes to 13.45% higher than SMA200.

Clear Secure Inc (NYSE: YOU) currently have 93.68M outstanding shares and institutions hold larger chunk of about 95.92% of that.

The stock has a current market capitalization of $3.77B and its 3Y-monthly beta is at 1.43. PE ratio of stock for trailing 12 months is 31.49, while it has posted earnings per share of $0.86 in the same period. Its PEG reads 1.26 and has Quick Ratio of 1.07 while making debt-to-equity ratio of 0.95. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for YOU, volatility over the week remained 3.75% while standing at 4.18% over the month.

Stock’s fiscal year EPS is expected to rise by 108.76% while it is estimated to increase by 12.71% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Needham on October 17, 2024 offering a Buy rating for the stock and assigned a target price range of between $40 and $45 to it. Coverage by Wells Fargo stated Clear Secure Inc (YOU) stock as an Underweight in their note to investors on December 20, 2023, suggesting a price target of $20 for the stock. On October 17, 2023, Goldman Initiated their recommendations, while on July 05, 2023, JP Morgan Resumed their ratings for the stock with a price target of $30. Stock get a Neutral rating from Wedbush on June 06, 2023.

Most Popular

Related Posts