Clear Secure Inc (YOU) stock hits $20.63: Is it a good time to buy or wait for a dip?

A share price of Clear Secure Inc [YOU] is currently trading at $20.63, up 3.72%. An important factor to consider is whether the stock is rising or falling in short-term value. The YOU shares have gain 8.41% over the last week, with a monthly amount glided 15.19%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Clear Secure Inc [NYSE: YOU] stock has seen the most recent analyst activity on December 20, 2023, when Wells Fargo downgraded its rating to a Underweight but kept the price target unchanged to $20 for it. Previously, Goldman started tracking the stock with Buy rating on October 17, 2023, and set its price target to $24. Wedbush started tracking the stock assigning a Neutral rating and suggested a price target of $27 on June 06, 2023. Needham started tracking with a Buy rating for this stock on February 23, 2023, and assigned it a price target of $40. In a note dated August 03, 2021, JP Morgan downgraded an Neutral rating on this stock but restated the target price of $52.

Clear Secure Inc experienced fluctuations in its stock price throughout the past year between $14.64 and $26.59. Currently, Wall Street analysts expect the stock to reach $30 within the next 12 months. Clear Secure Inc [NYSE: YOU] shares were valued at $20.63 at the most recent close of the market. An investor can expect a potential return of 45.42% based on the average YOU price forecast.

Analyzing the YOU fundamentals

Trailing Twelve Months sales for Clear Secure Inc [NYSE:YOU] were 660.27M which represents 35.28% growth. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.24 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.76.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.15 points at the first support level, and at 19.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.90, and for the 2nd resistance point, it is at 21.17.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Clear Secure Inc [NYSE:YOU] is 1.19. On the other hand, the Quick Ratio is 1.19, and the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 2.93, the price to book ratio is 11.20 and price to earnings (TTM) ratio is 36.38.

Transactions by insiders

Recent insider trading involved Moshkani Seyed Kasra, EVP, CLEAR Verified, that happened on May 24 ’24 when 6.0 shares were purchased. CISO, Patterson Richard N. Jr. completed a deal on Feb 14 ’24 to sell 7500.0 shares. Meanwhile, 10% Owner Durable Capital Partners LP sold 2.64 million shares on Aug 02 ’23.

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