Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Clear Secure Inc (NYSE: YOU) closed at $22.55 in the last session, up 1.44% from day before closing price of $22.23. In other words, the price has increased by $1.44 from its previous closing price. On the day, 3.83 million shares were traded.
Ratios:
We take a closer look at YOU’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.58.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on October 17, 2024, Reiterated its Buy rating but revised its target price to $45 from $40 previously.
On December 20, 2023, Wells Fargo Downgraded its rating to Underweight which previously was Equal Weight but kept the price unchanged to $20.
On October 17, 2023, Goldman started tracking the stock assigning a Buy rating and target price of $24.Goldman initiated its Buy rating on October 17, 2023, with a $24 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 11 ’24 when Alclear Investments II, LLC sold 150,000 shares for $34.08 per share. The transaction valued at 5,112,000 led to the insider holds 0 shares of the business.
Cornick Kenneth L. sold 150,000 shares of YOU for $5,112,000 on Oct 11 ’24. The President & CFO now owns 0 shares after completing the transaction at $34.08 per share. On Sep 18 ’24, another insider, Alclear Investments II, LLC, who serves as the Director of the company, sold 150,000 shares for $33.04 each. As a result, the insider received 4,956,000 and left with 0 shares of the company.
Valuation Measures:
As of this moment, Clear’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.68, and their Forward P/E ratio for the next fiscal year is 12.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 34.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.08 while its Price-to-Book (P/B) ratio in mrq is 11.08.
Stock Price History:
Over the past 52 weeks, YOU has reached a high of $38.88, while it has fallen to a 52-week low of $16.05. The 50-Day Moving Average of the stock is -9.50%, while the 200-Day Moving Average is calculated to be -11.80%.
Shares Statistics:
A total of 96.79M shares are outstanding, with a floating share count of 86.87M. Insiders hold about 8.26% of the company’s shares, while institutions hold 102.14% stake in the company.
