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Clear Secure (YOU) Advances While Market Declines: Some Information for Investors
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Clear Secure (YOU - Free Report) closed at $31.15 in the latest trading session, marking a +2.06% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.16%. Meanwhile, the Dow gained 0.44%, and the Nasdaq, a tech-heavy index, lost 0.76%.
Heading into today, shares of the airport security company had lost 19.3% over the past month, lagging the Computer and Technology sector's gain of 3.34% and the S&P 500's gain of 1.14%.
Investors will be eagerly watching for the performance of Clear Secure in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.27, indicating a 10% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $225.02 million, indicating a 13.41% upward movement from the same quarter last year.
YOU's full-year Zacks Consensus Estimates are calling for earnings of $1.08 per share and revenue of $889.15 million. These results would represent year-over-year changes of -40% and +15.4%, respectively.
Investors might also notice recent changes to analyst estimates for Clear Secure. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Clear Secure boasts a Zacks Rank of #3 (Hold).
Investors should also note Clear Secure's current valuation metrics, including its Forward P/E ratio of 28.26. This expresses a discount compared to the average Forward P/E of 28.74 of its industry.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 57, putting it in the top 24% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow YOU in the coming trading sessions, be sure to utilize Zacks.com.
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Clear Secure (YOU) Advances While Market Declines: Some Information for Investors
Clear Secure (YOU - Free Report) closed at $31.15 in the latest trading session, marking a +2.06% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.16%. Meanwhile, the Dow gained 0.44%, and the Nasdaq, a tech-heavy index, lost 0.76%.
Heading into today, shares of the airport security company had lost 19.3% over the past month, lagging the Computer and Technology sector's gain of 3.34% and the S&P 500's gain of 1.14%.
Investors will be eagerly watching for the performance of Clear Secure in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.27, indicating a 10% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $225.02 million, indicating a 13.41% upward movement from the same quarter last year.
YOU's full-year Zacks Consensus Estimates are calling for earnings of $1.08 per share and revenue of $889.15 million. These results would represent year-over-year changes of -40% and +15.4%, respectively.
Investors might also notice recent changes to analyst estimates for Clear Secure. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Clear Secure boasts a Zacks Rank of #3 (Hold).
Investors should also note Clear Secure's current valuation metrics, including its Forward P/E ratio of 28.26. This expresses a discount compared to the average Forward P/E of 28.74 of its industry.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 57, putting it in the top 24% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow YOU in the coming trading sessions, be sure to utilize Zacks.com.