Market Recap: Clear Secure Inc (YOU)’s Positive Momentum, Closing at 37.35

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The closing price of Clear Secure Inc (NYSE: YOU) was $37.35 for the day, up 5.24% from the previous closing price of $35.49. In other words, the price has increased by $5.24 from its previous closing price. On the day, 2.38 million shares were traded. YOU stock price reached its highest trading level at $37.52 during the session, while it also had its lowest trading level at $35.68.

Ratios:

Our analysis of YOU’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.77.

On October 17, 2023, Goldman started tracking the stock assigning a Buy rating and target price of $24.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, YOU now has a Market Capitalization of 5200837632 and an Enterprise Value of 3010083072. As of this moment, Clear’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.80, and their Forward P/E ratio for the next fiscal year is 24.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.99 while its Price-to-Book (P/B) ratio in mrq is 22.65. Its current Enterprise Value per Revenue stands at 4.318 whereas that against EBITDA is 30.187.

Stock Price History:

Over the past 52 weeks, YOU has reached a high of $35.68, while it has fallen to a 52-week low of $15.49. The 50-Day Moving Average of the stock is 22.81%, while the 200-Day Moving Average is calculated to be 70.52%.

Shares Statistics:

YOU traded an average of 2.10M shares per day over the past three months and 1710600 shares per day over the past ten days. A total of 91.79M shares are outstanding, with a floating share count of 76.54M. Insiders hold about 17.84% of the company’s shares, while institutions hold 90.34% stake in the company. Shares short for YOU as of 1727654400 were 19391032 with a Short Ratio of 9.25, compared to 1724976000 on 16015701. Therefore, it implies a Short% of Shares Outstanding of 19391032 and a Short% of Float of 30.42.

Dividends & Splits

With its trailing 12-month dividend rate of 0.35, YOU has a forward annual dividend rate of 0.38. Against a Trailing Annual Dividend Yield of 0.009861932

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