Clarus Corporation (CLAR)

NASDAQ: CLAR · Real-Time Price · USD
4.240
-0.050 (-1.17%)
Oct 22, 2024, 4:00 PM EDT - Market closed
-1.17%
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]

Industry Leisure
Founded 1957
Employees 500
Stock Exchange NASDAQ
Ticker Symbol CLAR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$6.5
(53.30% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

5 weeks ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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 -

3 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

6 months ago - Seeking Alpha

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

8 months ago - Seeking Alpha

Clarus Reports Fourth Quarter and Full Year 2023 Results

Adventure Segment Generates Highest Quarterly Revenue of the Year

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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 ...

1 year ago - GlobeNewsWire

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 -

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire