Clarus Corporation (CLAR)
Market Cap | 162.66M |
Revenue (ttm) | 283.60M |
Net Income (ttm) | 6.74M |
Shares Out | 38.36M |
EPS (ttm) | 0.18 |
PE Ratio | 24.14 |
Forward PE | 12.11 |
Dividend | $0.10 (2.36%) |
Ex-Dividend Date | Aug 9, 2024 |
Volume | 107,014 |
Open | 4.280 |
Previous Close | 4.290 |
Day's Range | 4.200 - 4.320 |
52-Week Range | 3.890 - 7.550 |
Beta | 0.83 |
Analysts | Buy |
Price Target | 6.50 (+53.3%) |
Earnings Date | Nov 5, 2024 |
About CLAR
Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products in the United States and internationally. The company operates through two segments, Outdoor and Adventure. The Outdoor segment offers apparels, such as shells, insulation, midlayers, pants, and logowear; rock-climbing footwear and equipment, including carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; an... [Read more]
Financial Performance
In 2023, Clarus's revenue was $286.02 million, a decrease of -9.27% compared to the previous year's $315.25 million. Losses were -$10.15 million, -85.46% less than in 2022.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for CLAR stock is "Buy." The 12-month stock price forecast is $6.5, which is an increase of 53.30% from the latest price.
News
Clarus: Near Breakevens But Sales Push Could Come With New Launches
Clarus has no net debt after selling its precision sports business but faces weak end markets and needs sales to benefit from operating leverage. Despite worsened EBITDA guidance, Clarus expects signi...
Clarus Corporation (CLAR) Q2 2024 Earnings Call Transcript
Clarus Corporation (NASDAQ:CLAR) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Matt Berkowitz - External Director of Investor Relations Warren Kanders - Executive Ch...
Clarus Reports Second Quarter 2024 Results
Makes Incremental Progress Executing Strategic Initiatives to Accelerate Long-Term Growth Three Veteran Operating and Sales Executives Added to Adventure Team to Support U.S., International and OEM Ma...
Clarus Announces $0.025 Per Share Quarterly Dividend
SALT LAKE CITY, July 30, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that its boar...
Clarus Sets Second Quarter 2024 Conference Call for Thursday, August 1, 2024, at 5:00 p.m. ET
SALT LAKE CITY, July 19, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, will hold a conference ...
Clarus Appoints Three Veteran Operating and Sales Executives to Support Adventure Segment's U.S., International and OEM Channels and Fuel Future Growth
- Appoints Tripp Wyckoff as General Manager of Adventure Americas - - Appoints David Cook as Global Head of OEM - - Appoints Daniel Bruntsch as Head of EMEA Sales -
Clarus Announces Upcoming Investor Conference Schedule
SALT LAKE CITY, May 15, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced today that Chi...
Clarus Corporation (CLAR) Q1 2024 Earnings Call Transcript
Clarus Corporation (NASDAQ:CLAR) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Matt Berkowitz - Investor Relations Warren Kanders - Executive Chairman Mike Yates - Chie...
Clarus Reports First Quarter 2024 Results
Increased Quarterly Adventure Sales 27% Reduced Apparel Inventory at Outdoor 38% Reaffirms Full Year Guidance SALT LAKE CITY, May 02, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Claru...
Clarus Sets First Quarter 2024 Conference Call for Thursday, May 2, 2024, at 5:00 p.m. ET
SALT LAKE CITY, April 18, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, will hold a conference...
Clarus Files Lawsuit Against Caption Management LLC, Caption Partners II LP, Caption GP, LLC, William Cooper and Jason Strasser for Recovery of Short-Swing Profits
SALT LAKE CITY, March 11, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced today that i...
Clarus Board of Directors Approves Two of Its Top Shareholders to Increase Their Positions up to 15.0% and 26.7% of Shares Outstanding
SALT LAKE CITY, March 08, 2024 (GLOBE NEWSWIRE) -- The board of directors for Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast mark...
Roger Werner Appointed to Clarus' Board of Directors
SALT LAKE CITY, March 08, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that the Com...
Clarus Corporation (CLAR) Q4 2023 Earnings Call Transcript
Clarus Corporation (NASDAQ:CLAR) Q4 2023 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Matt Berkowitz - External Director, Investor Relations Warren Kanders - Executive Chair...
Clarus Reports Fourth Quarter and Full Year 2023 Results
Adventure Segment Generates Highest Quarterly Revenue of the Year
Clarus Completes Sale of Precision Sport Segment to JDH Capital
Successful Outcome that Strengthens Balance Sheet and Positions the Company as a Pure-Play Outdoor Business Successful Outcome that Strengthens Balance Sheet and Positions the Company as a Pure-Play O...
Clarus Announces Fourth Quarter and Full Year 2023 Conference Call and Upcoming Investor Day
Q4 Conference Call Set for Thursday, March 7, 2024, at 5:00 pm ET 2024 Investor Day to be Held in NYC on Monday, March 11, 2024, at 12:00 pm ET SALT LAKE CITY, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Clarus...
Clarus Enters into Definitive Agreement to Sell Precision Sport Segment
SALT LAKE CITY, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, today anno...
Clarus Reports Status of HAP Trading Short-Swing Profit Litigation
SALT LAKE CITY, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, reported o...
Clarus Corporation (CLAR) Q3 2023 Earnings Call Transcript
Clarus Corporation (NASDAQ:CLAR) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Cody Slach - External Director, Investor Relations Warren Kanders - Executive Chairm...
Clarus Sets Third Quarter 2023 Conference Call for Tuesday, November 7, 2023, at 5:00 p.m. ET
SALT LAKE CITY, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, will hold ...
Clarus Acquires TRED Outdoors, a Fast-Growing Outdoor Adventure Brand
- Acquisition Broadens Clarus' Adventure Segment Into Large Addressable RV and Caravan Categories While Expanding Addressable Consumer Segments Globally -
Clarus: Promising Initiatives, But Risks Still Present
The company's revenue decreased by 27.2%, and the operating loss (% of revenue) reached 0.3%. Declining real consumer incomes, price investments, and high industry inventories continue to have a negat...
Special Committee of Clarus Retains Houlihan Lokey as Financial Advisor
SALT LAKE CITY, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, today anno...
Clarus Confirms Receipt of Non-Binding Indication of Interest Regarding Precision Sport Segment
SALT LAKE CITY, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor and consumer enthusiast markets, today con...