Clarus Corporation, formerly known as Black Diamond, Inc., designs, manufactures, and markets outdoor performance equipment and apparel for climbing, mountaineering, backpacking, skiing, cycling, and other outdoor recreation activities in the United States and internationally. The company is based in Salt Lake City, Utah.
CLAR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Clarus Corp. To summarize, we found that Clarus Corp ranked in the 18th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for CLAR, they are:
The business' balance sheet reveals debt to be 9% of the company's capital (with equity being the remaining amount). Approximately only 20.26% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
As a business, Clarus Corp experienced a tax rate of about 471% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than 99.46% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Clarus Corp? See DESP, LAKE, SEAS, VSTO, and YETI.
By John Vandermosten NASDAQ:LPCN READ THE FULL LPCN RESEARCH REPORT First Quarter 2020 Operational and Financial Results On May 7, 2020 Lipocine (NASDAQ:LPCN) filed its first quarter 2020 10-Q and posted its earnings release for the three month period ending March 31, 2020. The company reported zero revenues and a net loss per share of ($0.14) compared to prior year revenues of zero and loss of
Each Clarus stockholder of record will be entitled to receive 0.00234 of a share of Clarus common stock for each share of Clarus stock held on May 11, 2020, the record date. Clarus will distribute the stock dividend on May 22, 2020, the distribution date.
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. The conference call will be broadcast live and available for replay here and via the investor relations section of the Company’s website at www.claruscorp.com. Headquartered in Salt Lake City, Utah, Clarus Corporation is a leading developer, manufacturer and distributor of best-in class outdoor equipment and lifestyle products focused on the climb, ski, mountain, and sport markets.