Professional
Added to YB: 2024-09-20
Pitch date: 2024-08-05
CLAR [bullish]
Clarus Corporation
-27.18%
current return
Author Info
No bio for this author
Company Info
Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products in the United States, Australia, China, Austria, and internationally.
Market Cap
$122.1M
Pitch Price
$4.64
Price Target
10.00 (+196%)
Dividend
3.14%
EV/EBITDA
-36.35
P/E
-1.35
EV/Sales
0.43
Sector
Leisure Products
Category
value
Maran Capital Management Portfolio Holding: Clarus Corporation
CLAR: Consumer weakness persists but co strengthening brands via new hires, SKU reduction & margin improvements. Cheap vs private mkt value. Net cash $1.50+/share by YE on $5 stock. FCF positive despite headwinds. 3yr view: <$1 downside, ~$10 upside potential. Asymmetric risk-reward.
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