Clear Secure Inc (YOU) stock: 12-month forecast projects -7.86% potential drop%

Clear Secure Inc [YOU] stock prices are up 1.88% to $30.39 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The YOU shares have gain 5.74% over the last week, with a monthly amount glided 46.81%, 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.

The stock price of Clear Secure Inc [YOU] has been fluctuating between $14.64 and $30.23 over the past year. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. Clear Secure Inc [NYSE: YOU] shares were valued at $30.39 at the most recent close of the market. An investor can expect a potential drop of -7.86% based on the average YOU price forecast.

Analyzing the YOU fundamentals

The Clear Secure Inc [NYSE:YOU] reported sales of 697.15M for trailing twelve months, representing a surge of 24.60%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.35 and Total Capital is 0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.81.

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 29.58 points at the first support level, and at 28.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.89, and for the 2nd resistance point, it is at 31.39.

Ratios To Look Out For

It’s worth pointing out that Clear Secure Inc [NYSE:YOU]’s Current Ratio is 1.13. On the other hand, the Quick Ratio is 1.13, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 4.06, the price to book ratio is 18.43 and price to earnings (TTM) ratio is 38.89.

Transactions by insiders

Recent insider trading involved Cornick Kenneth L., President & CFO, that happened on Aug 29 ’24 when 79935.0 shares were sold. Officer, Kenneth Cornick completed a deal on Aug 29 ’24 to buy 79935.0 shares. Meanwhile, Director Barkin Michael Z sold 25000.0 shares on Aug 27 ’24.

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