ClearSign Technologies (NASDAQ:CLIR – Get Free Report) is one of 436 publicly-traded companies in the “Machinery” industry, but how does it weigh in compared to its peers? We will compare ClearSign Technologies to similar businesses based on the strength of its analyst recommendations, institutional ownership, dividends, profitability, earnings, valuation and risk.
Analyst Ratings
This is a summary of recent ratings for ClearSign Technologies and its peers, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| ClearSign Technologies | 1 | 0 | 1 | 0 | 2.00 |
| ClearSign Technologies Competitors | 4211 | 14726 | 18256 | 808 | 2.41 |
ClearSign Technologies currently has a consensus price target of $20.00, indicating a potential upside of 740.34%. As a group, “Machinery” companies have a potential upside of 29.71%. Given ClearSign Technologies’ higher possible upside, equities research analysts plainly believe ClearSign Technologies is more favorable than its peers.
Earnings & Valuation
This table compares ClearSign Technologies and its peers gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| ClearSign Technologies | $5.23 million | -$5.50 million | -2.62 |
| ClearSign Technologies Competitors | $4.64 billion | $362.62 million | 6.51 |
ClearSign Technologies’ peers have higher revenue and earnings than ClearSign Technologies. ClearSign Technologies is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares ClearSign Technologies and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| ClearSign Technologies | -96.07% | -58.08% | -44.61% |
| ClearSign Technologies Competitors | -1,035.51% | -36.25% | -0.27% |
Risk & Volatility
ClearSign Technologies has a beta of 1.49, suggesting that its share price is 49% more volatile than the S&P 500. Comparatively, ClearSign Technologies’ peers have a beta of 5.12, suggesting that their average share price is 412% more volatile than the S&P 500.
Institutional & Insider Ownership
24.0% of ClearSign Technologies shares are owned by institutional investors. Comparatively, 51.8% of shares of all “Machinery” companies are owned by institutional investors. 5.2% of ClearSign Technologies shares are owned by insiders. Comparatively, 14.1% of shares of all “Machinery” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary
ClearSign Technologies peers beat ClearSign Technologies on 10 of the 13 factors compared.
About ClearSign Technologies
ClearSign Technologies Corporation (NASDAQ: CLIR) develops technologies designed to improve the performance, efficiency and environmental characteristics of industrial and commercial combustion systems. Its solutions are intended for applications that use burners and other combustion equipment to generate heat, including systems used in process heating, power generation and other industrial operations. The company’s product portfolio includes the ClearSign Core combustion technology, which is designed to reduce nitrogen oxide emissions while supporting efficient burner operation.
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