Clear Secure Inc

Company Profile

Clear Secure Inc had its IPO on 2021-06-30 under the ticker symbol YOU.

The company operates in the Technology sector and Software-Application industry. Clear Secure Inc has a staff strength of 3,056 employees.

Stock update

Shares of Clear Secure Inc opened at $22.94 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $22.84 - $23.62, and closed at $23.49.

This is a +1.47% increase from the previous day's closing price.

A total volume of 946,747 shares were traded at the close of the day’s session.

In the last one week, shares of Clear Secure Inc have slipped by -7.23%.

Clear Secure Inc's Key Ratios

Clear Secure Inc has a market cap of $3.50 billion, indicating a price to book ratio of 8.8296 and a price to sales ratio of 11.5542.

In the last 12-months Clear Secure Inc’s revenue was $437.43 million with a gross profit of $276.38 million and an EBITDA of $-117948000. The EBITDA ratio measures Clear Secure Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Clear Secure Inc’s operating margin was -29.51% while its return on assets stood at -8.72% with a return of equity of -21.98%.

In Q4, Clear Secure Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 59%.

Clear Secure Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.76 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Clear Secure Inc’s profitability.

Clear Secure Inc stock is trading at a EV to sales ratio of 4.9382 and a EV to EBITDA ratio of -17.2132. Its price to sales ratio in the trailing 12-months stood at 11.5542.

Clear Secure Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 3.52%.

Balance sheet and cash flow metrics

Total Assets

$1.04 billion

Total Liabilities

$397.47 million

Operating Cash Flow

$-359593000.00

Capital Expenditure

$8.21 million

Dividend Payout Ratio

3.52%

Clear Secure Inc ended 2023 with $1.04 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.04 billion while shareholder equity stood at $291.07 million.

Clear Secure Inc ended 2023 with $0 in deferred long-term liabilities, $397.47 million in other current liabilities, 1000.00 in common stock, $-101797000.00 in retained earnings and $58.81 million in goodwill. Its cash balance stood at $38.94 million and cash and short-term investments were $704.75 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

Clear Secure Inc’s total current assets stands at $741.60 million while long-term investments were $459000.00 and short-term investments were $665.81 million. Its net receivables were $1.17 million compared to accounts payable of $7.95 million and inventory worth $0.

In 2023, Clear Secure Inc's operating cash flow was $-359593000.00 while its capital expenditure stood at $8.21 million.

Comparatively, Clear Secure Inc paid $0.04 in dividends in 2023.

Other key metrics

Current Trading Price

$23.49

52-Week High

$35

52-Week Low

$18.7908

Analyst Target Price

$34.5

Clear Secure Inc stock is currently trading at $23.49 per share. It touched a 52-week high of $35 and a 52-week low of $35. Analysts tracking the stock have a 12-month average target price of $34.5.

Its 50-day moving average was $28.78 and 200-day moving average was $26.36 The short ratio stood at 9.57 indicating a short percent outstanding of 0%.

Around 1407.9% of the company’s stock are held by insiders while 9778.6% are held by institutions.