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Big Money Loves Clear Secure

By:
Lucas Downey
Published: Sep 20, 2024, 17:40 GMT+00:00

Biometric identity company Clear Secure, Inc. (YOU) posted a big earnings beat and its shares have jumped since.

Wall Street, FX Empire

In this article:

Clear Secure develops biometric identity verification technology platforms, like those found in airports. It helps provide identity solutions at events, in travel settings, for healthcare environments, and at stadiums. YOU is benefiting from healthy demand for security products and services as well as cheaper financing on the horizon.

YOU has beat earnings estimates in multiples consecutive quarters, including when it announced per-share earnings of $0.34 versus estimates of $0.26 in August. For the current fiscal year, Clear Secure expects earnings of $1.29 per share on $761.88 million in revenue, a 122.4% jump in EPS and a 24.2% rise in revenues.

It’s no wonder YOU shares are up 59% this year – and they could rise more. MAPsignals data shows how a rare bullish signal reflects Big Money investors are betting heavily on the forward picture of the stock.

Big Money Buying Clear Secure

Institutional volumes reveal plenty. In the last year, YOU has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in YOU shares. They reflect our proprietary inflow signal, pushing the stock higher:

Source: www.mapsignals.com

Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with Clear Secure.

Clear Secure Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, YOU has strong sales growth:

  • 1-year sales growth rate (+40.3%)
  • 3-year sales growth rate (+40.9%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +20.9%.

Now it makes sense why the stock has been powering to new heights. YOU has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

Clear Secure has been a top-rated stock at MAPsignals for years. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report multiple times in the last year. The blue bars below show when YOU was a top pick…sending shares higher:

Source: www.mapsignals.com

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

Clear Secure Price Prediction

The YOU rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in YOU at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.

About the Author

Lucas Downeycontributor

Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.

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