Analysts Set CLEAR Secure, Inc. (NYSE:YOU) Price Target at $40.86

Shares of CLEAR Secure, Inc. (NYSE:YOU) have earned a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $40.8571.

A number of brokerages recently commented on YOU. Wells Fargo & Company lifted their price target on CLEAR Secure from $25.00 to $29.00 and gave the stock an “underweight” rating in a report on Friday, November 7th. The Goldman Sachs Group boosted their price target on shares of CLEAR Secure from $37.00 to $41.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Weiss Ratings restated a “hold (c+)” rating on shares of CLEAR Secure in a research report on Monday. DA Davidson set a $46.00 price objective on shares of CLEAR Secure and gave the stock a “buy” rating in a research report on Tuesday, December 16th. Finally, Zacks Research cut shares of CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th.

CLEAR Secure Price Performance

NYSE YOU opened at $34.39 on Friday. The company has a fifty day moving average price of $35.15 and a 200-day moving average price of $33.12. CLEAR Secure has a 1 year low of $21.67 and a 1 year high of $42.29. The firm has a market cap of $4.58 billion, a price-to-earnings ratio of 20.97 and a beta of 1.22.

CLEAR Secure (NYSE:YOU) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.02. The business had revenue of $229.19 million for the quarter, compared to analysts’ expectations of $224.80 million. CLEAR Secure had a net margin of 20.97% and a return on equity of 119.82%. The firm’s revenue for the quarter was up 15.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.30 earnings per share. On average, research analysts anticipate that CLEAR Secure will post 0.98 EPS for the current fiscal year.

CLEAR Secure Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 10th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Wednesday, December 10th. CLEAR Secure’s dividend payout ratio is 30.49%.

Insiders Place Their Bets

In related news, Director Adam Wiener sold 8,000 shares of CLEAR Secure stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $40.00, for a total value of $320,000.00. Following the completion of the sale, the director owned 179,634 shares of the company’s stock, valued at approximately $7,185,360. This trade represents a 4.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Lynn Haaland sold 15,532 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $41.00, for a total transaction of $636,812.00. Following the transaction, the insider owned 15,533 shares of the company’s stock, valued at $636,853. This represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 29,532 shares of company stock valued at $1,173,052 over the last three months. Company insiders own 39.73% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. First Horizon Advisors Inc. boosted its holdings in CLEAR Secure by 22.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,804 shares of the company’s stock valued at $50,000 after purchasing an additional 330 shares during the period. Personal CFO Solutions LLC raised its position in shares of CLEAR Secure by 3.3% in the second quarter. Personal CFO Solutions LLC now owns 10,362 shares of the company’s stock worth $288,000 after buying an additional 332 shares in the last quarter. GAMMA Investing LLC boosted its stake in CLEAR Secure by 5.0% during the third quarter. GAMMA Investing LLC now owns 7,364 shares of the company’s stock valued at $246,000 after buying an additional 351 shares during the period. Savant Capital LLC grew its position in CLEAR Secure by 1.1% during the second quarter. Savant Capital LLC now owns 34,508 shares of the company’s stock worth $958,000 after buying an additional 370 shares in the last quarter. Finally, Oak Associates Ltd. OH increased its stake in CLEAR Secure by 0.6% in the 2nd quarter. Oak Associates Ltd. OH now owns 66,706 shares of the company’s stock worth $1,852,000 after acquiring an additional 428 shares during the last quarter. 73.80% of the stock is owned by institutional investors.

About CLEAR Secure

CLEAR Secure, Inc operates a biometric identity platform designed to expedite identity verification for air travelers and venue guests. The company’s core offering is the CLEAR membership service, which uses fingerprint and iris scans to confirm a member’s identity and provide access to dedicated security lanes at participating airports. Members link government-issued IDs and personal biometric data via the CLEAR app, enabling faster processing through Transportation Security Administration (TSA) checkpoints and select event entrances.

Founded in 2010 by Caryn Seidman‐Becker and Ken Cornick, CLEAR is headquartered in New York City.