Clear Secure (YOU) Projected to Post Earnings on Wednesday

Clear Secure (NYSE:YOU) will likely be announcing its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $202.21 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Clear Secure Stock Performance

Shares of Clear Secure stock opened at $22.94 on Wednesday. The stock has a market cap of $3.20 billion, a price-to-earnings ratio of 26.68 and a beta of 1.38. The stock has a 50 day moving average price of $25.37 and a 200-day moving average price of $28.54. Clear Secure has a one year low of $16.05 and a one year high of $38.88.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Needham & Company LLC reissued 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 upped their price objective on Clear Secure from $24.00 to $32.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. Wedbush reaffirmed a “neutral” rating and issued a $26.00 price objective (up previously from $24.00) on shares of Clear Secure in a research report on Thursday, November 7th. Finally, Telsey Advisory Group increased their price objective on shares of Clear Secure from $34.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target 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.