Clear Secure Falls 6.9% in Month with Current-Quarter Sales Forecast at $235.7M
Clear Secure shares have fallen 6.9% over the past month versus a 1.7% decline in the S&P 500 Composite as quarterly EPS estimates hold at $0.31, down 65.6% year-over-year. Analysts forecast $235.7 million in current-quarter sales, up 14.3% year-over-year, and maintain a Zacks Rank #3 (Hold) on the stock.
1. Share Price Performance
Over the past month, Clear Secure shares declined 6.9%, underperforming the S&P 500 Composite’s 1.7% drop and the Internet-Software industry’s 9.6% loss.
2. Earnings Estimate Revisions
Analysts hold the consensus EPS estimate for the current quarter at $0.31, reflecting a 65.6% year-over-year decline, with no revisions in the past 30 days.
3. Revenue Growth Projections
Consensus forecasts call for $235.7 million in current-quarter sales (+14.3% YoY), $895.7 million for the full year (+16.3%) and $1.02 billion next fiscal year (+13.7%).
4. Valuation and Zacks Rank
The stock carries a Zacks Rank #3 (Hold) and a Value Grade D, indicating it trades at a premium compared to peer valuation multiples.