Needham has recently reiterated Clear Secure Inc (YOU) stock to Buy rating, as announced on October 17, 2024, according to Finviz. Earlier, on December 20, 2023, Wells Fargo had reduced the stock from a Equal Weight to Underweight, setting a price target of $20. Goldman also initiated Buy rating with a price target of $24. Additionally, JP Morgan resumed Neutral rating on July 5, 2023, with a target price of $30. Wedbush analysts, in their report published on June 6, 2023, also initiated Neutral rating and set a price target of $27 for Clear Secure Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Clear Secure Inc (YOU) Stock Trading Recap
On Tuesday, Clear Secure Inc (YOU) stock saw a modest uptick, ending the day at $36.73 which represents a slight increase of $1.96 or 5.64% from the prior close of $34.77. The stock opened at $34.97 and touched a low of $34.89 during the day, reaching a high of $36.77. The volume of shares traded was 2.17 million falling short of the average volume of 2.23 million.
YOU Stock Performance and Moving Averages
In recent trading, Clear Secure Inc (YOU) stock price has shown some volatility, fluctuating -0.73% over the last five trades and 18.94% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 103.15%, and it has gained 50.41% in the previous three months. Currently, YOU is trading at 2.39%, 11.47%, and 59.73% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, YOU, a Technology sector stock, is trading -3.44% below its 52-week high but remains 128.85% above its 52-week low. The Average True Range (ATR) (14 days) of 1.38 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Clear Secure Inc’s Profitability and Valuation Ratios
Clear Secure Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 12.83% and a profit margin of 10.36%, with a gross margin of 103.15%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Clear Secure Inc’s market capitalization stands at $5.26 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 47.01, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 23.9. Additionally, the Price-to-Sales Ratio is 7.55, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 22.28, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 17.84% of Clear Secure Inc (YOU)’s shares, while financial institutions hold 92.83%.
Notable insider trades include Alclear Investments II, LLC, Director at Clear Secure Inc (YOU), who sold 150000 shares on Oct 11 ’24, at $34.08 each, totaling $5.11 million. On Oct 11 ’24, Cornick Kenneth L., President & CFO, sold 150000 shares for $34.08 each, amounting to $5.11 million. Additionally, on Sep 18 ’24, Alclear Investments II, LLC sold 150000 shares at $33.04 each, generating $4.96 million.
