Shares of Clarus Corp (NASDAQ:CLAR) have been given an average broker rating score of 1.67 (Buy) from the three brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and two have issued a strong buy rating on the company.

Brokerages have set a 1-year consensus price objective of $8.83 for the company and are forecasting that the company will post $0.18 EPS for the current quarter, according to Zacks. Zacks has also given Clarus an industry rank of 37 out of 265 based on the ratings given to related companies.

A number of equities research analysts have weighed in on CLAR shares. Stifel Nicolaus raised their target price on Clarus from $8.00 to $9.00 and gave the company a “buy” rating in a report on Tuesday, November 7th. Zacks Investment Research raised Clarus from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 10th.

In other news, Director Nicolas Sokolow purchased 5,076 shares of the company’s stock in a transaction dated Monday, November 13th. The stock was bought at an average cost of $7.26 per share, for a total transaction of $36,851.76. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Aaron Kuehne purchased 5,923 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was purchased at an average price of $7.21 per share, with a total value of $42,704.83. The disclosure for this purchase can be found here. 46.80% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. Stifel Financial Corp lifted its stake in shares of Clarus by 2.0% in the 2nd quarter. Stifel Financial Corp now owns 20,898 shares of the company’s stock valued at $139,000 after acquiring an additional 400 shares during the last quarter. Ameriprise Financial Inc. bought a new position in shares of Clarus in the 2nd quarter valued at $146,000. Rhumbline Advisers bought a new position in shares of Clarus in the 2nd quarter valued at $175,000. Schwab Charles Investment Management Inc. bought a new position in shares of Clarus in the 2nd quarter valued at $232,000. Finally, Teachers Advisors LLC bought a new position in shares of Clarus in the 2nd quarter valued at $240,000. Institutional investors own 50.47% of the company’s stock.

Shares of Clarus (NASDAQ CLAR) traded down $0.35 during mid-day trading on Friday, hitting $7.35. The company’s stock had a trading volume of 38,638 shares, compared to its average volume of 59,938. The firm has a market cap of $220.59, a P/E ratio of -27.22, a PEG ratio of 0.89 and a beta of 1.45. Clarus has a 52-week low of $5.00 and a 52-week high of $8.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.68 and a current ratio of 4.53.

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Clarus Company Profile

Clarus Corporation, formerly Black Diamond, Inc, through its ownership of Black Diamond Equipment, Ltd., is engaged in designing, manufacturing and marketing of active outdoor performance equipment and apparel for climbing, mountaineering, backpacking, skiing and a range of other year-round outdoor recreation activities.

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