Clear Secure (YOU) to Release Earnings on Wednesday

Clear Secure (NYSE:YOU) is projected to release its earnings data before the market opens on Wednesday, February 26th. Analysts expect Clear Secure to post earnings of $0.28 per share and revenue of $202.21 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Clear Secure Stock Performance

Shares of YOU opened at $24.12 on Tuesday. The stock has a 50-day simple moving average of $25.08 and a 200-day simple moving average of $28.53. The stock has a market capitalization of $3.36 billion, a PE ratio of 28.04 and a beta of 1.38. Clear Secure has a 1 year low of $16.05 and a 1 year high of $38.88.

Clear Secure Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.07%. The ex-dividend date of this dividend is Monday, March 10th. Clear Secure’s payout ratio is presently 58.14%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on YOU. Telsey Advisory Group reiterated an “outperform” rating and issued a $42.00 price objective on shares of Clear Secure in a research note on Friday. Needham & Company LLC reiterated a “buy” rating and issued a $45.00 price objective on shares of Clear Secure in a research note on Monday, December 16th. Stifel Nicolaus boosted their target price on Clear Secure from $24.00 to $32.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Finally, Wedbush restated a “neutral” rating and set a $26.00 target price (up previously from $24.00) on shares of Clear Secure in a research note on Thursday, November 7th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Clear Secure has a consensus rating of “Moderate Buy” and a consensus target price of $35.20.

About Clear Secure

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.