The company's fundamentals are relatively very healthy. Its valuation is considered undervalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a very weak stock market performance, the company shows strong fundamentals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Clarus Corp's Score
Industry at a Glance
Industry Ranking
23 / 33
Overall Ranking
230 / 4706
Industry
Leisure Products
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Buy
Current Rating
4.167
Target Price
+21.48%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Clarus Corp Highlights
StrengthsRisks
Clarus Corporation is engaged in designing, developing, manufacturing, and distributing outdoor equipment and lifestyle products focused on the outdoor and consumer enthusiast markets. It operates in two segments: Outdoor and Adventure. The Outdoor segment includes Black Diamond Equipment and PIEPS brands, which offer a range of products including outdoor engineered equipment and apparel for climbing, mountaineering, trail running, backpacking, skiing, and a wide range of other year-round outdoor recreation activities. It also offers rock climbing footwear and equipment, technical backpacks and high-end day packs, trekking poles, headlamps and lanterns, and gloves and mittens. The Adventure segment, which includes Rhino-Rack and MAXTRAX and TRED Outdoors brands, is a manufacturer of highly engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards and accessories as well as bicycle racks in Australia, New Zealand, and the United States.
Overvalued
The company’s latest PE is -1.56, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 28.68M shares, decreasing 19.92% quarter-over-quarter.
Clarus Corporation is engaged in designing, developing, manufacturing, and distributing outdoor equipment and lifestyle products focused on the outdoor and consumer enthusiast markets. It operates in two segments: Outdoor and Adventure. The Outdoor segment includes Black Diamond Equipment and PIEPS brands, which offer a range of products including outdoor engineered equipment and apparel for climbing, mountaineering, trail running, backpacking, skiing, and a wide range of other year-round outdoor recreation activities. It also offers rock climbing footwear and equipment, technical backpacks and high-end day packs, trekking poles, headlamps and lanterns, and gloves and mittens. The Adventure segment, which includes Rhino-Rack and MAXTRAX and TRED Outdoors brands, is a manufacturer of highly engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards and accessories as well as bicycle racks in Australia, New Zealand, and the United States.