CLEAR Secure (NYSE:YOU) Trading 8% Higher on Strong Earnings

CLEAR Secure, Inc. (NYSE:YOU)’s stock price was up 8% on Friday following a stronger than expected earnings report. The company traded as high as $33.34 and last traded at $34.5740. Approximately 85,015 shares were traded during trading, a decline of 95% from the average daily volume of 1,857,762 shares. The stock had previously closed at $32.02.

The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. The company had revenue of $229.19 million during the quarter, compared to the consensus estimate of $224.80 million. CLEAR Secure had a return on equity of 122.69% and a net margin of 21.17%.The company’s revenue was up 15.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.30 earnings per share. CLEAR Secure has set its Q4 2025 guidance at EPS.

CLEAR Secure Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 24th. Investors of record on Wednesday, December 10th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, December 10th. CLEAR Secure’s payout ratio is 31.25%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on YOU. Zacks Research cut CLEAR Secure from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of CLEAR Secure in a research note on Wednesday, October 8th. The Goldman Sachs Group reiterated a “buy” rating and set a $41.00 price objective on shares of CLEAR Secure in a research report on Thursday. Telsey Advisory Group increased their price objective on shares of CLEAR Secure from $37.00 to $38.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Stifel Nicolaus set a $38.00 target price on shares of CLEAR Secure in a research note on Thursday. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, CLEAR Secure has an average rating of “Hold” and a consensus target price of $38.67.

Insiders Place Their Bets

In related news, President Michael Z. Barkin sold 16,050 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $35.22, for a total transaction of $565,281.00. Following the completion of the sale, the president owned 12,725 shares of the company’s stock, valued at $448,174.50. This trade represents a 55.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Dennis W. Liu sold 2,027 shares of CLEAR Secure stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $36.00, for a total value of $72,972.00. Following the completion of the sale, the chief accounting officer owned 11,896 shares of the company’s stock, valued at approximately $428,256. The trade was a 14.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 36,027 shares of company stock worth $1,250,703. Company insiders own 39.73% of the company’s stock.

Institutional Trading of CLEAR Secure

Several hedge funds have recently modified their holdings of YOU. Durable Capital Partners LP grew its stake in CLEAR Secure by 153.1% in the second quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company’s stock valued at $207,932,000 after acquiring an additional 4,531,161 shares during the period. First Trust Advisors LP increased its stake in CLEAR Secure by 36.3% during the 2nd quarter. First Trust Advisors LP now owns 3,027,758 shares of the company’s stock valued at $84,051,000 after purchasing an additional 805,795 shares in the last quarter. Copeland Capital Management LLC raised its stake in shares of CLEAR Secure by 25.2% in the second quarter. Copeland Capital Management LLC now owns 2,474,330 shares of the company’s stock worth $68,687,000 after purchasing an additional 497,871 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of CLEAR Secure by 35.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company’s stock valued at $42,320,000 after buying an additional 430,035 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of CLEAR Secure by 10.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,479,594 shares of the company’s stock worth $41,074,000 after acquiring an additional 143,012 shares in the last quarter. Institutional investors own 73.80% of the company’s stock.

CLEAR Secure Price Performance

The company has a market capitalization of $4.63 billion, a P/E ratio of 21.89 and a beta of 1.23. The firm has a fifty day moving average price of $33.71 and a 200-day moving average price of $30.02.

CLEAR Secure Company Profile

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.