Clarus
CLAR

$6.11

0.99%

Market Cap: 234M

About: Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment, which includes Black Diamond Equipment and PIEPS, is a global leader in designing, manufacturing, and marketing innovative outdoor engineered equipment and apparel for climbing, mountaineering, trail running, backpacking, skiing, and a wide range of other year-round outdoor recreation activities. The Adventure segment, which includes Rhino-Rack, MAXTRAX and TRED, is a manufacturer of highly-engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards and accessories in Australia and New Zealand and United States.

Employees: 500

Consumer Discretionary Sporting & Athletic Goods

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 4 analysts

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

80% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 25

71% more call options, than puts

Call options by funds: $2.88M | Put options by funds: $1.69M

0% more funds holding

Funds holding: 101 [Q4 2023] → 101 (+0) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 18

5% less capital invested

Capital invested by funds: $194M [Q4 2023] → $184M (-$9.24M) [Q1 2024]

2.2% less ownership

Funds ownership: 73.62% [Q4 2023] → 71.43% (-2.2%) [Q1 2024]

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Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$6

2%

downside

Avg. target

$7.63

25%

upside

High target

$9

47%

upside

4 analyst ratings

4 positive

100%

0 neutral

0%

0 negative

0%

B. Riley Securities Anna Glaessgen	47%upside $9	Buy Maintained	6 May 2024
Roth MKM Matt Koranda	23%upside $7.5	Buy Maintained	13 Mar 2024
Lake Street Mark Smith	2%downside $6	Buy Maintained	8 Mar 2024
B. Riley Securities Anna Glaessgen	31%upside $8	Buy Maintained	7 Mar 2024

See Analyst Rankings

Financial journalist opinion

Clarus Sets Second Quarter 2024 Conference Call for Thursday, August 1, 2024, at 5:00 p.m. ET

SALT LAKE CITY, July 19, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, will hold a conference call on Thursday, August 1, 2024, at 5:00 pm ET to discuss its financial results for the second quarter ended June 30, 2024. The financial results will be reported in a press release after the close of regular stock market trading hours on the same day as the conference call.

Clarus Sets Second Quarter 2024 Conference Call for Thursday, August 1, 2024, at 5:00 p.m. ET

Clarus Appoints Three Veteran Operating and Sales Executives to Support Adventure Segment's U.S., International and OEM Channels and Fuel Future Growth

- Appoints Tripp Wyckoff as General Manager of Adventure Americas - - Appoints David Cook as Global Head of OEM - - Appoints Daniel Bruntsch as Head of EMEA Sales -

Clarus Appoints Three Veteran Operating and Sales Executives to Support Adventure Segment's U.S., International and OEM Channels and Fuel Future Growth

Clarus Announces Upcoming Investor Conference Schedule

SALT LAKE CITY, May 15, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced today that Chief Financial Officer Mike Yates will be participating in the following investor conferences:

Clarus Announces Upcoming Investor Conference Schedule

Clarus Corporation (CLAR) Q1 2024 Earnings Call Transcript

Clarus Corporation (NASDAQ:CLAR ) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Matt Berkowitz - Investor Relations Warren Kanders - Executive Chairman Mike Yates - Chief Financial Officer Neil Fiske - President, Black Diamond Equipment Mathew Hayward - Management Director, Adventure Conference Call Participants Laurent Vasilescu - BNP Paribas Matt Koranda - ROTH MKM Mark Smith - Lake Street Peter McGoldrick - Stifel Operator Good afternoon, everyone and thank you for participating in today's conference call to discuss Clarus Corporation's financial results for the First Quarter ended March 31, 2024. Joining us today are Clarus Corporation's Executive Chairman, Warren Kanders; CFO, Mike Yates; President, Black Diamond Equipment, Neil Fiske; Management Director of Clarus' Adventure segment, Mathew Hayward; and the company's External Director of Investor Relations, Matt Berkowitz.

Clarus Corporation (CLAR) Q1 2024 Earnings Call Transcript

Zacks Investment Research

Clarus Corporation (CLAR) Reports Break-Even Earnings for Q1

Clarus Corporation (CLAR) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.18 per share a year ago.

Clarus Corporation (CLAR) Reports Break-Even Earnings for Q1

Clarus Reports First Quarter 2024 Results

Increased Quarterly Adventure Sales 27% Reduced Apparel Inventory at Outdoor 38% Reaffirms Full Year Guidance SALT LAKE CITY, May 02, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Summary vs.

Clarus Reports First Quarter 2024 Results

Clarus Announces $0.025 Per Share Quarterly Dividend

SALT LAKE CITY, April 30, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company's regular quarterly cash dividend of $0.025 per share.

Clarus Announces $0.025 Per Share Quarterly Dividend

Clarus Sets First Quarter 2024 Conference Call for Thursday, May 2, 2024, at 5:00 p.m. ET

SALT LAKE CITY, April 18, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, will hold a conference call on Thursday, May 2, 2024, at 5:00 pm ET to discuss its financial results for the first quarter ended March 31, 2024. The financial results will be reported in a press release after the close of regular stock market trading hours on the same day as the conference call.

Clarus Sets First Quarter 2024 Conference Call for Thursday, May 2, 2024, at 5:00 p.m. ET

Clarus Files Lawsuit Against Caption Management LLC, Caption Partners II LP, Caption GP, LLC, William Cooper and Jason Strasser for Recovery of Short-Swing Profits

SALT LAKE CITY, March 11, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced today that it has filed a lawsuit in the U.S. District Court for the Southern District of New York against Caption Management LLC, Caption Partners II LP, Caption GP, LLC, William Cooper and Jason Strasser to seek to disgorge profits from transactions in Clarus common stock in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended.

Clarus Files Lawsuit Against Caption Management LLC, Caption Partners II LP, Caption GP, LLC, William Cooper and Jason Strasser for Recovery of Short-Swing Profits

Zacks Investment Research

Clarus (CLAR) Q4 Earnings & Revenues Lag Estimates, Stock Down

Clarus (CLAR) fourth-quarter 2023 results are hurt by dismal performance in the regions of Europe.

Clarus (CLAR) Q4 Earnings & Revenues Lag Estimates, Stock Down

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