Clear Secure Inc
Prices are adjusted according to historical splits.
- Today's Low:
- Today's High:
- Open Price:
- 52W Low:
- 52W High:
- Prev. Close:
- Market Cap.:
- $3.50 billion
- Book Value:
- Revenue TTM:
- $437.43 million
- Operating Margin TTM:
- Gross Profit TTM:
- $276.38 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
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.
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
- Trailing PE
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
- Capital Expenditure
- $8.21 million
- Dividend Payout Ratio
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
- 52-Week High
- 52-Week Low
- Analyst Target Price
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.
Frequently Asked Questions About Clear Secure Inc
Similar Industry Stocks (Software-Application)
Clear Secure, Inc. operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and enhance the experience for existing members. In addition, it provides Reserve powered by CLEAR, a virtual queuing technology that provides users with the choice of how they queue either at home or on the move; and Atlas Certified, an automated solution to verify professional licenses and certification data across industries by communicating with certifying organizations for on-demand, current, and trusted data. The company was founded in 2010 and is headquartered in New York, New York.