Shares of Clarus Corp (NASDAQ:CLAR) hit a new 52-week high during trading on Monday . The company traded as high as $13.50 and last traded at $13.24, with a volume of 2057 shares traded. The stock had previously closed at $13.27.

Several equities analysts recently issued reports on CLAR shares. BidaskClub raised Clarus from a “hold” rating to a “buy” rating in a research report on Friday, January 4th. ValuEngine raised Clarus from a “hold” rating to a “buy” rating in a research report on Wednesday, January 2nd. Zacks Investment Research raised Clarus from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research report on Friday, January 11th. Finally, Lake Street Capital upped their price objective on Clarus to $15.00 and gave the company a “buy” rating in a research report on Tuesday, March 5th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Clarus currently has a consensus rating of “Buy” and an average price target of $12.75.

The company has a market cap of $397.60 million, a price-to-earnings ratio of 23.37, a price-to-earnings-growth ratio of 1.85 and a beta of 1.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.00 and a current ratio of 4.99.

Clarus (NASDAQ:CLAR) last announced its earnings results on Monday, March 4th. The company reported $0.17 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.17. The business had revenue of $57.31 million during the quarter, compared to analyst estimates of $57.00 million. Clarus had a net margin of 3.44% and a return on equity of 10.30%. Analysts expect that Clarus Corp will post 0.7 EPS for the current year.

In other Clarus news, insider Warren B. Kanders sold 1,400,000 shares of the business’s stock in a transaction on Wednesday, January 30th. The shares were sold at an average price of $10.83, for a total transaction of $15,162,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 29.60% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Squarepoint Ops LLC raised its stake in Clarus by 10.3% during the 4th quarter. Squarepoint Ops LLC now owns 12,332 shares of the company’s stock valued at $125,000 after buying an additional 1,151 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Clarus by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 1,031,682 shares of the company’s stock worth $11,400,000 after purchasing an additional 5,200 shares in the last quarter. Vanguard Group Inc increased its stake in shares of Clarus by 0.5% in the 3rd quarter. Vanguard Group Inc now owns 1,031,682 shares of the company’s stock worth $11,400,000 after purchasing an additional 5,200 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Clarus in the 4th quarter worth $58,000. Finally, Metropolitan Life Insurance Co. NY purchased a new stake in shares of Clarus in the 4th quarter worth $77,000. Institutional investors and hedge funds own 55.05% of the company’s stock.

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About Clarus (NASDAQ:CLAR)

Clarus Corporation focuses on the outdoor and consumer industries in the United States, Canada, Europe, the Middle East, Asia, Australia, New Zealand, Africa, and South America. The company develops, manufactures, and distributes outdoor equipment and lifestyle products with focus on the climb, ski, mountain, sport, and skincare categories.

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