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Clarus CorporationNasdaqGS:CLAR Stock Report

Market Cap US$113.0m
Share Price
US$2.89
US$5.78
50.0% undervalued intrinsic discount
1Y-17.4%
7D10.9%
Portfolio Value
View

Clarus Corporation

NasdaqGS:CLAR Stock Report

Market Cap: US$113.0m

Clarus (CLAR) Stock Overview

Engages in the design, development, manufacture, and distribution of outdoor equipment and lifestyle products in the United States, Australia, China, Austria, and internationally. More details

CLAR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends1/6

CLAR Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Clarus Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Clarus
Historical stock prices
Current Share PriceUS$2.89
52 Week HighUS$4.03
52 Week LowUS$2.58
Beta1.03
1 Month Change8.65%
3 Month Change-20.17%
1 Year Change-17.43%
3 Year Change-66.20%
5 Year Change-86.17%
Change since IPO-93.95%

Recent News & Updates

Narrative Update Apr 21

CLAR: Future Guidance And Higher Margins Will Support Upside Potential

Analysts have trimmed their price target on Clarus from about $4.25 to roughly $3.71. This reflects updated views on fair value, assumptions for revenue growth and profit margins, and a lower expected future P/E multiple.
Narrative Update Apr 06

CLAR: Forward Sales Guidance Will Drive Future Re Rating Potential

Analysts have slightly revised their price target on Clarus to $5.78. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E that leave their overall valuation view broadly intact.

Recent updates

Narrative Update Apr 21

CLAR: Future Guidance And Higher Margins Will Support Upside Potential

Analysts have trimmed their price target on Clarus from about $4.25 to roughly $3.71. This reflects updated views on fair value, assumptions for revenue growth and profit margins, and a lower expected future P/E multiple.
Narrative Update Apr 06

CLAR: Forward Sales Guidance Will Drive Future Re Rating Potential

Analysts have slightly revised their price target on Clarus to $5.78. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E that leave their overall valuation view broadly intact.
Narrative Update Mar 23

CLAR: Forward Guidance And Impairment Charges Will Drive Re Rating Potential

Analysts have nudged their Clarus price target to align with updated inputs on the discount rate, revenue growth, profit margin, and future P/E assumptions. This reflects a modest recalibration of expectations rather than a major shift in outlook.
Narrative Update Mar 08

CLAR: Forward Guidance And Impairment Charges Will Support Re Rating Potential

Analysts have adjusted their price target for Clarus from $6.82 to $5.78, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E as the key drivers of this change. What's in the News Clarus issued earnings guidance for fiscal 2026, targeting sales in a range of $255 million to $265 million (Company guidance).
Seeking Alpha Feb 18

Clarus: It's Too Early To Play This Turnaround (Downgrade)

Summary Clarus Corporation is rated 'Sell' due to ongoing weak financial performance and lack of near-term turnaround visibility. Revenue, profits, and cash flows have deteriorated, with the stock down 83.7% since March 2022 despite large and growing addressable markets. Management has withdrawn 2025 guidance, faces negative cash flow, and is pursuing restructuring, SKU rationalization, and price hikes to offset tariffs. CLAR's $27.5 million net cash position provides optionality, but not enough to counterbalance operational and market headwinds. Read the full article on Seeking Alpha
Analysis Article Sep 10

Clarus Corporation's (NASDAQ:CLAR) Popularity With Investors Is Clear

There wouldn't be many who think Clarus Corporation's ( NASDAQ:CLAR ) price-to-sales (or "P/S") ratio of 0.6x is worth...
Analysis Article Jun 10

Investor Optimism Abounds Clarus Corporation (NASDAQ:CLAR) But Growth Is Lacking

There wouldn't be many who think Clarus Corporation's ( NASDAQ:CLAR ) price-to-sales (or "P/S") ratio of 0.5x is worth...
Analysis Article May 12

Clarus' (NASDAQ:CLAR) Dividend Will Be $0.025

Clarus Corporation ( NASDAQ:CLAR ) has announced that it will pay a dividend of $0.025 per share on the 28th of May...
User avatar
New Narrative Apr 03

Outdoor Margin Improvements And 2025 Adventure Launches Will Spur Success

Enhancements in inventory and core business processes are expected to improve margins and boost future profitability.
Seeking Alpha Mar 13

Clarus: The Uphill Battle Might Be Worth Joining Now

Summary Clarus is a turnaround play, betting on recovery in discretionary spending and undergoing business transformation with a focus on profitability and no long-term debt. The company has valuable niche brands in Outdoor and Adventure segments, with a clean balance sheet and a modest dividend yield of 2.5%. Despite past acquisition challenges, Clarus is taking strategic actions like geographical expansion, bolt-on acquisitions, and operational streamlining to drive future profitability. Risks include dependency on auto sales, tariffs, and ongoing litigations, but the balance sheet provides downside protection, making it a potential long-term investment. Read the full article on Seeking Alpha
Analysis Article Mar 10

Clarus (NASDAQ:CLAR) Is Paying Out A Dividend Of $0.025

Clarus Corporation ( NASDAQ:CLAR ) will pay a dividend of $0.025 on the 26th of March. The dividend yield is 2.3% based...
Analysis Article Nov 12

Clarus (NASDAQ:CLAR) Is Due To Pay A Dividend Of $0.025

Clarus Corporation's ( NASDAQ:CLAR ) investors are due to receive a payment of $0.025 per share on 27th of November...
Seeking Alpha Nov 05

Clarus Corp: Why CLAR Is Languishing At A Sub-$100M EV

Summary Clarus Corp. faces a challenging year, but its strong brands, large cash balance, and no debt position it for future growth. Clarus's enterprise value is under $100 million, but its brands could privately sell for $300-$500 million, implying a stock price of $10-$15/sh. The stock is trading at ~$4/sh due to non-fundamental selling by large holders, but management is aligned and motivated to close the value gap. Black Diamond Equipment, a Clarus brand, has grown consistently over 25 years, contradicting market perceptions of decline. Read the full article on Seeking Alpha
Seeking Alpha Oct 30

Clarus: A Turnaround Play Starting To Take Shape, Hold For Now

Summary Clarus' future value lies in how effectively management can revamp the Black Diamond Equipment label and scale the Adventure segment in the US Market. Black Diamonds on-going SKU reduction efforts and improved product assortment will better position the company to achieve its profitability goals. The push to grow the Adventure business segment in the North American market through organic growth and small bolt-on acquisitions wisely parallels the rise of overlanding in the U.S. The potential sale of the Pieps GmbH label will further reduce SKUs in the company’s Outdoor segment and provide additional funding to acquire more businesses, boosting Adventure growth domestically. Read the full article on Seeking Alpha
Seeking Alpha Sep 27

Clarus Corporation: Still Trying To Normalize From Pandemic

Summary Clarus Corporation's shares recently hit nine-year lows due to a downward revision in FY '24 Adj. EBITDA outlook, driven by weak U.S. roof rack demand and expansion efforts. However, the company has no debt, sports a 2.2% dividend yield, and expects $1.85 per share in cash by YE24, and trades at a low P/E ratio. The stock has also seen some recent insider buying.  An analysis of Clarus Corporation follows in the paragraphs below. Read the full article on Seeking Alpha
Seeking Alpha Sep 15

Clarus: Near Breakevens But Sales Push Could Come With New Launches

Summary Clarus has no net debt after selling its precision sports business but faces weak end markets and needs sales to benefit from operating leverage. Despite worsened EBITDA guidance, Clarus expects significant profitability improvement by Q4 due to new product launches and strong summer season in Australia/New Zealand. The outdoor segment, led by Black Diamond, should have potential from climbing gear. Multiples are compressed if applying some peer margins, and we think climbing could be a bit of a growth engine for the business. Read the full article on Seeking Alpha
Analysis Article Sep 14

Here's Why We're Not At All Concerned With Clarus' (NASDAQ:CLAR) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Aug 07

Slammed 27% Clarus Corporation (NASDAQ:CLAR) Screens Well Here But There Might Be A Catch

Unfortunately for some shareholders, the Clarus Corporation ( NASDAQ:CLAR ) share price has dived 27% in the last...
Seeking Alpha Jun 10

Clarus: Early Signs Of A Turnaround, But A Tough Climb Ahead

Summary We recap the Q1 results from Clarus Corp. The company is attempting to jumpstart growth by focusing on core strengths. We expect shares to remain volatile until sales rebound. Read the full article on Seeking Alpha
Analysis Article May 05

Clarus (NASDAQ:CLAR) Has Announced A Dividend Of $0.025

Clarus Corporation ( NASDAQ:CLAR ) has announced that it will pay a dividend of $0.025 per share on the 20th of May...
Analysis Article Mar 15

Analyst Forecasts Just Became More Bearish On Clarus Corporation (NASDAQ:CLAR)

Market forces rained on the parade of Clarus Corporation ( NASDAQ:CLAR ) shareholders today, when the analysts...
Analysis Article Mar 09

Clarus (NASDAQ:CLAR) Will Pay A Dividend Of $0.025

The board of Clarus Corporation ( NASDAQ:CLAR ) has announced that it will pay a dividend on the 28th of March, with...
Seeking Alpha Feb 16

Clarus Corporation: Worst Is Over But Pain Remains

Summary Clarus’ revenue has grown well during the last decade (CAGR: +11%), although this is primarily driven by M&A, with its organic trajectory less compelling. The company has struggled to achieve consistency in its financial performance, with an imbalance of focus between brand/business optimization and new M&A we feel. Clarus has shown minimal margin improvement since FY18, despite revenue almost doubling, implying inherently weak operational capabilities. Clarus is underperforming its peers and the outlook appears worse with a lack of M&A to boost revenue. Clarus’ valuation does not scream value in a world where the risk-free rate is ~5%. We suggest investors avoid this stock. Read the full article on Seeking Alpha
Seeking Alpha Jan 23

Clarus: Debt Problem Solved With Precision Disposal

Summary Clarus Corporation has made a disposal of a more problematic division in terms of growth and ESG that put it on our radar as having possibly untapped value. While the disposal was a good move and handles the company debt, and the residual businesses are interesting, there is a lacking value proposition. If growth could improve in Black Diamond, possibly driven by an emerging DTC channel, that could help the Clarus Corporation case, but macro is a factor here. Read the full article on Seeking Alpha
Analysis Article Dec 30

Clarus Corporation (NASDAQ:CLAR) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Those holding Clarus Corporation ( NASDAQ:CLAR ) shares would be relieved that the share price has rebounded 27% in the...
Analysis Article Dec 05

Clarus (NASDAQ:CLAR) Has A Somewhat Strained Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 09

Analysts Just Made A Major Revision To Their Clarus Corporation (NASDAQ:CLAR) Revenue Forecasts

One thing we could say about the analysts on Clarus Corporation ( NASDAQ:CLAR ) - they aren't optimistic, having just...

Shareholder Returns

CLARUS LeisureUS Market
7D10.9%1.1%3.2%
1Y-17.4%44.2%31.0%

Return vs Industry: CLAR underperformed the US Leisure industry which returned 44.2% over the past year.

Return vs Market: CLAR underperformed the US Market which returned 31% over the past year.

Price Volatility

Is CLAR's price volatile compared to industry and market?
CLAR volatility
CLAR Average Weekly Movement6.4%
Leisure Industry Average Movement7.2%
Market Average Movement7.1%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: CLAR has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CLAR's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1957390n/awww.claruscorp.com

Clarus Corporation engages in the design, development, manufacture, and distribution of outdoor equipment and lifestyle products in the United States, Australia, China, Austria, and internationally. It operates in two segments, Outdoor and Adventure. The Outdoor segment offers apparels, such as shells, insulation, midlayers, pants, and logowear; rock-climbing footwear and equipment, including carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; and skis, ski poles, ski skins, avalanche airbag systems and transceivers, shovels, and probes.

Clarus Corporation Fundamentals Summary

How do Clarus's earnings and revenue compare to its market cap?
CLAR fundamental statistics
Market capUS$113.02m
Earnings (TTM)-US$46.56m
Revenue (TTM)US$250.44m
0.4x
P/S Ratio
-2.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CLAR income statement (TTM)
RevenueUS$250.44m
Cost of RevenueUS$167.34m
Gross ProfitUS$83.10m
Other ExpensesUS$129.65m
Earnings-US$46.56m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-1.21
Gross Margin33.18%
Net Profit Margin-18.59%
Debt/Equity Ratio0%

How did CLAR perform over the long term?

See historical performance and comparison

Dividends

3.5%
Current Dividend Yield
-8%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 14:32
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Clarus Corporation is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Laurent VasilescuBNP Paribas
Alexander PerryBofA Global Research
Anna GlaessgenB. Riley Securities, Inc.