Wall Street analysts expect Clarus (NASDAQ:CLAR) to post earnings per share of $0.16 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Clarus’ earnings, with the lowest EPS estimate coming in at $0.15 and the highest estimate coming in at $0.16. Clarus posted earnings of $0.02 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 700%. The company is scheduled to announce its next earnings report on Monday, May 14th.

According to Zacks, analysts expect that Clarus will report full year earnings of $0.52 per share for the current year, with EPS estimates ranging from $0.51 to $0.52. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.70 per share, with EPS estimates ranging from $0.69 to $0.70. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Clarus.

Clarus (NASDAQ:CLAR) last announced its earnings results on Monday, March 12th. The company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.02). The firm had revenue of $52.70 million during the quarter, compared to analyst estimates of $49.33 million. Clarus had a negative net margin of 0.39% and a positive return on equity of 2.22%. The business’s revenue for the quarter was up 27.3% compared to the same quarter last year.

Several equities research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Clarus from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Roth Capital set a $7.00 target price on shares of Clarus and gave the company a “hold” rating in a research note on Friday, March 16th. Finally, ValuEngine downgraded shares of Clarus from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd.

Institutional investors and hedge funds have recently made changes to their positions in the business. Mesirow Financial Investment Management Inc. acquired a new stake in Clarus in the fourth quarter valued at approximately $247,000. Wells Fargo & Company MN boosted its stake in Clarus by 85.4% in the fourth quarter. Wells Fargo & Company MN now owns 32,995 shares of the company’s stock valued at $259,000 after acquiring an additional 15,199 shares in the last quarter. California State Teachers Retirement System acquired a new stake in Clarus in the second quarter valued at approximately $242,000. Fairpointe Capital LLC acquired a new stake in Clarus in the fourth quarter valued at approximately $438,000. Finally, Nationwide Fund Advisors acquired a new stake in shares of Clarus during the third quarter worth $423,000. Institutional investors own 52.98% of the company’s stock.

CLAR remained flat at $$6.75 during trading on Monday. 42,116 shares of the company’s stock traded hands, compared to its average volume of 60,802. The firm has a market capitalization of $202.78, a P/E ratio of 56.25, a price-to-earnings-growth ratio of 1.50 and a beta of 1.38. Clarus has a 52 week low of $5.10 and a 52 week high of $8.00. The company has a current ratio of 5.03, a quick ratio of 2.09 and a debt-to-equity ratio of 0.13.

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Clarus Company Profile

Clarus Corporation develops, manufactures, and distributes outdoor equipment and lifestyle products focused on the climb, ski, mountain, and sport categories in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, South America, and internationally. It operates in two segments, Black Diamond and Sierra.

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