Clear Secure went public June 30 on the New York Stock Exchange, trading under the symbol YOU. The company offered 13.2 million shares in its IPO, at a price of $31.
Near midday, though, shares had climbed past $43 after opening at $38.
Some shares had been offered to Robinhood users under its IPO Access feature.
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| Latest market close | $20.40 |
|---|---|
| 52-week range | $14.49 - $26.23 |
| 50-day moving average | $18.20 |
| 200-day moving average | $19.15 |
| Wall St. target price | $25.29 |
| PE ratio | 34.8421 |
| Dividend yield | $0.25 (1.76%) |
| Earnings per share (TTM) | $0.57 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $20.4 from 2024-07-22
| 1 week (2024-07-17) | -1.35% |
|---|---|
| 1 month (2024-06-24) | 9.21% |
| 3 months (2024-04-24) | 14.67% |
| 6 months (2024-01-24) | 3.92% |
| 1 year (2023-07-24) | -11.61% |
|---|---|
| 2 years (2022-07-22) | -13.12% |
| 3 years (2021-07-23) | 43 |
| 5 years (2019-07-20) | N/A |
Valuing Clear Secure stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Clear Secure's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Clear Secure's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 35x. In other words, Clear Secure shares trade at around 35x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, Clear Secure's P/E ratio is best considered in relation to those of others within the software - application industry or those of similar companies.
Clear Secure's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $71.1 million.
The EBITDA is a measure of a Clear Secure's overall financial performance and is widely used to measure a its profitability.
To put Clear Secure's EBITDA into context you can compare it against that of similar companies.
| Revenue TTM | $660.3 million |
|---|---|
| Operating margin TTM | 12.23% |
| Gross profit TTM | $276.4 million |
| Return on assets TTM | 3.45% |
| Return on equity TTM | 23.51% |
| Profit margin | 7.9% |
| Book value | $1.84 |
| Market Capitalization | $2.9 billion |
TTM: trailing 12 months
Dividend payout ratio: 130.69% of net profits
Recently Clear Secure has paid out, on average, around 130.69% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.76% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Clear Secure shareholders could enjoy a 1.76% return on their shares, in the form of dividend payments. In Clear Secure's case, that would currently equate to about $0.25 per share.
Clear Secure's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Clear Secure's most recent dividend payout was on 17 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 9 June 2024 (the "ex-dividend date").
Clear Secure's dividend payout ratio is perhaps best considered in relation to those of similar companies.
Over the last 12 months, Clear Secure's shares have ranged in value from as little as $14.4881 up to $26.2343. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Clear Secure's is 1.537. This would suggest that Clear Secure's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
To put Clear Secure's beta into context you can compare it against those of similar companies.
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, as well as back-end. 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 improve the experience for existing members. In addition, it provides RESERVE powered by CLEAR, a virtual queuing technology that provides users with the ability to book a dedicated time slot to go through security at the airport; CLEAR Verified, a B2B offering that extends secure identity platform to partners to create friction-free experiences for their customers; TSA PreCheck Enrollment Provided by CLEAR, as well as online renewal services; Atlas Certified, an automated solution to verify professional licenses and certification data across industries; and Sora ID that enables adding know your customer services to platform offerings, as well as virtual queuing technology that enables customers to manage lines. The company was founded in 2010 and is headquartered in New York, New York. Clear Secure, Inc.
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