Clarus Corp (NASDAQ:CLAR) declared a quarterly dividend on Monday, October 28th, Zacks reports. Investors of record on Friday, November 8th will be paid a dividend of 0.025 per share on Friday, November 15th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date is Thursday, November 7th.
Shares of NASDAQ:CLAR traded down $1.15 during mid-day trading on Tuesday, reaching $11.38. 10,181 shares of the company traded hands, compared to its average volume of 145,770. The company’s 50 day moving average price is $11.83 and its 200-day moving average price is $12.74. The firm has a market cap of $369.30 million, a PE ratio of 20.05 and a beta of 1.37. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.96 and a quick ratio of 1.39. Clarus has a 52 week low of $8.56 and a 52 week high of $15.10.
Clarus (NASDAQ:CLAR) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.03). The company had revenue of $60.20 million for the quarter, compared to the consensus estimate of $61.06 million. Clarus had a net margin of 4.87% and a return on equity of 11.22%. On average, research analysts predict that Clarus will post 0.69 earnings per share for the current fiscal year.
Several research analysts have weighed in on CLAR shares. Jefferies Financial Group started coverage on Clarus in a research note on Friday, October 11th. They issued a “buy” rating and a $18.00 price target for the company. Zacks Investment Research downgraded Clarus from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. ValuEngine upgraded Clarus from a “sell” rating to a “hold” rating in a research note on Monday. BidaskClub downgraded Clarus from a “buy” rating to a “hold” rating in a research note on Friday, October 25th. Finally, Roth Capital restated a “neutral” rating and issued a $14.00 price target on shares of Clarus in a research note on Tuesday, August 6th. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Clarus presently has an average rating of “Hold” and a consensus price target of $16.60.
Clarus Corporation focuses on the outdoor and consumer industries in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America. The company develops, manufactures, and distributes outdoor equipment and lifestyle products with focus on the climb, ski, mountain, sport, and skincare categories.
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