Clear Secure (YOU) Ascends While Market Falls: Some Facts to Note

Group 1 - Clear Secure's stock closed at $24.19, reflecting a +0.5% change from the previous trading day, outperforming the S&P 500, which fell by 0.29% [1] - Over the past month, Clear Secure's shares have decreased by 11.77%, underperforming the Computer and Technology sector's gain of 1.8% and the S&P 500's gain of 2.52% [1] - The upcoming earnings report is projected to show earnings of$ 0.28 per share, indicating a year-over-year growth of 64.71%, with revenue expected to reach $203.45 million, up 19% from the prior-year quarter [2] Group 2 - Recent changes to analyst estimates for Clear Secure are important as they reflect the shifting dynamics of short-term business patterns, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which includes estimate changes, has a strong track record of outperforming, with stocks rated 1 producing an average annual return of +25% since 1988 [5] - Clear Secure currently has a Zacks Rank of 3 (Hold), with no changes in the Zacks Consensus EPS estimate over the past month [5] Group 3 - Clear Secure's Forward P/E ratio is 18.85, indicating a discount compared to its industry's Forward P/E of 28.9 [6] - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 46, placing it in the top 19% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]