Reading the tape
NASDAQ: CLAR
Clarus Corporation
Consumer Cyclical · Leisure
Market Cap
$107.91M
52w High
$4.03
52w Low
$2.58
P/E
-2.32
Volume
324.42K
Outstanding Shares
38.40M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -15.11%Revenue (TTM): -4.65%FCF (TTM): 30.66%P/E: 0th pct
What changed
The stock fell 15.11% over the last year. Revenue declined 4.65% over the trailing twelve months. Operating margin moved from -26.63% to -8.18%. Free cash flow grew 30.66% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/E range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently -8.18%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Clarus Corporation develops, manufactures, and distributes outdoor equipment and lifestyle products focusing on the outdoor and consumer markets in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America.
CEOWarren Kanders
SectorConsumer Cyclical
IndustryLeisure
Employees470
IPO dateMay 27, 1998
Valuation
Forward P/E—
EV/EBITDA-12.66
Enterprise value$104.21M
Stock splits
Aug 7, 2020↑ Forward
Every 1000 shares became 1002
Profitability & growth
Revenue growth-6.17%
Gross margin28.64%▼18.27%vs FY2024
Operating margin-8.18%▲69.28%vs FY2024
ROE-23.71%▼5.68%vs FY2024
Analyst consensus
RatingHold
Target price$5.00▲77.94%
4
Buy
7
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $0.02 · Revenue est $61.18M
View
Dividends
$0.10/shareQuarterly6yr growth streakAt RiskCLAR pays a dividend with a 3.56% dividend yield, 6 consecutive years of growth, growing at 0.03% annually, covered -2.6× by free cash flow.
Dividend Yield
3.56%
Annual Div / Share
$0.10
5yr CAGR
+0.03%
Doubles every ~2308.8yr
Payout Ratio
—
At Risk
Dividend Growth Rate
3yr CAGR
+0%
5yr CAGR
+0.03%
Dividend Safety
0/10At Risk
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$0.10+0.0%
2024$0.10+0.0%
2023$0.10+0.0%
2022$0.10+0.0%
2021$0.10+0.2%
2020$0.10+0.1%
2019$0.10—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$36/yr
$3/mo
In 5 yrs
$36/yr+0%
$3/mo
In 10 yrs
$36/yr+0%
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$36/yr $3/mo | $36/yr+0% $3/mo | $36/yr+0% $3/mo |
Yield-on-cost grows from 3.56% → 3.57% over 10yr
Analysis
Dividend Strengths
No strong strength signal stands out from the latest period pair.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only -2.58× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.