ClearOne stock: buy or sell?

CLRO stock price: $2.20 -0.90% At close on August 21st, 2019

Updated on:
August 21st, 2019

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ClearOne slightly fell an ugly -0.90% and closed at $2.20. On Aug 12th CLRO plummed a frightening -7.41%.

ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, streaming, and digital signage solutions for audio\u002Fvoice and visual communications in the United States and internationally.

Should I buy ClearOne stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, ClearOne stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean CLRO will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is ClearOne stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't detect any rating for CLRO stock for the last month.

ClearOne stock analysis

Daily outlook

ClearOne slightly fell an ugly -0.90% and closed at $2.20.

Shares of ClearOne closed yesterday at $2.20 and slightly fell an ugly -0.90%. On May, SMA100d and SMA200d crossed up triggering a rise of 0.46%. CLRO is retaking the upward trend marking a new rising bottom heading to break out over $2.49. Since price and SMA200d lines crossed up on April, CLRO climbed $0.17 (8.37%).

CLRO stock chart (daily)

Weekly outlook

ClearOne closed this week at $2.20 and slightly fell an ugly -1.35%. By mid July CLRO plummed a bloodcurdling -11.94% in just one week. Early August CLRO boosted a super good 5.60% in just one week.

ClearOne stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Early May, 20w simple moving average crossed up 40w SMA. Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.

CLRO stock chart (weekly)

ClearOne stock price history

ClearOne IPO was on March 3rd, 1989 at $1.27 per share1. Since then, CLRO stock surged a 73.20%, with an average of 2.40% per year. If you had invested right after CLRO's IPO a $1,000 in ClearOne stock in 1989, it would worth $732.00 today.

1: Adjusted price after possible price splits or reverse-splits.

ClearOne stock historical price chart

CLRO stock reached 52-week highs at $3.45, and all-time highs 2000-03-14 with a price of 22.51.

ClearOne stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price forecast for ClearOne stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on November, ClearOne . Unfortunately, reported EPS is not yet available in our database.
CLRO earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.05n/a
2017-Q2-n/a-0.09n/a
2017-Q3-n/a-0.06n/a
2017-Q42018-04-20n/a-0.29n/a
2018-Q12018-06-13n/a-0.19n/a
2018-Q22018-08-09n/a-0.23n/a
2018-Q32018-11-13n/a-1.16n/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a spooky slide of -32.65% to $28.16 M USD. Similarly, its profit margin (compared to revenues) plunged to -59.27%, that is $-16.69 million.

ClearOne presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, ClearOne TTM sales up to September 2018 were $30.20 and earnings $-17.76 M USD. If we compare this TTM figures with the last reported annuality, we can review ClearOne business evolution since December 2018: Annual sales up to September, compared to lastest yearly report, jumped a shining 7.25%. Nevertheless, profit margin (net income/sales) remained steady at -59.27%.

CLRO annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2012$46 M-$27 M57.4%-
2013$50 M6.83%$5.18 M10.4%-80.56%
2014$58 M16.78%$5.60 M9.7%8.03%
2015$58 M-0.20%$6.78 M11.7%21.09%
2016$49 M-15.85%$2.44 M5.0%-63.93%
2017$42 M-14.05%$-14.17 M-33.9%-679.87%
2018$28 M-32.65%$-16.69 M-59.3%17.75%
TTM $30 M7.25%$-17.76 M-58.8%6.42%

Quarterly financial results

ClearOne posted $6.68 M in revenues for 2018-Q3, a -4.13% decline compared to previous quarter. Reported quarter income marked $-10.14 M with a profit margin of -151.76%. Profit margin collapsed a -120.73% compared to previous quarter when profit margin was -31.03%. When comparing revenues to same quarter last year, ClearOne sales marked a chilling loss and plunged a -36.71%. Looking back to recent quarterly results, ClearOne posted 4 positive quarters in a row.
CLRO quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$12 M-$-0.47 M-4.0%-
2017-Q2$10 M-11.73%$-0.82 M-8.0%75.21%
2017-Q3$11 M2.42%$-9.28 M-87.8%1,031.22%
2017-Q4$9 M-12.36%$-3.61 M-39.0%-61.10%
2018-Q1$7 M-21.24%$-1.85 M-25.3%-48.84%
2018-Q2$7 M-4.36%$-2.16 M-31.0%17.17%
2018-Q3$7 M-4.13%$-10.14 M-151.8%368.89%
2018-Q4$7 M7.93%$-2.54 M-35.2%-75.00%

ClearOne ownership

When you are planning to invest in a company, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For ClearOne, 145.02% of all outstanding shares are owned by its staff.

In case of ClearOne stock, 9.89% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for CLRO stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to ClearOne:

CLROCSCOLOGIPLTVCRA
Market cap$36.6 M$206.2 B$6.7 B$1.1 B$738.7 M
Total shares16.6 M4,280.0 M166.6 M39.5 M31.1 M
Float shares4.7 M4,280.0 M161.6 M31.1 M30.5 M
  - Institutional holdings (%)9.9%77.3%0.0%98.8%119.3%
  - Insider holdings (%)145.0%0.1%0.0%0.9%2.0%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

ClearOne summary

Wednesday, August 21st, 2019
Open$2.28
Close$2.20
Day range$2.20 - $2.40
Previous close$2.22
Session gain-0.90%
Average true range$0.18
50d mov avg$2.23
100d mov avg$2.18
200d mov avg$1.89
Daily patternlb02a
Weekly pattern lt06a

ClearOne performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared ClearOne against Cisco Systems, Logitech International, Plantronics and Vocera Communications in the following table:
Stock3m6m12m
CLROClearOne4.27%14.58%2.33%
CSCOCisco Systems-10.83%-2.63%6.88%
LOGILogitech Internat...8.37%7.47%-16.75%
PLTPlantronics-35.79%-43.28%-56.90%
VCRAVocera Communicat...-25.84%-22.83%-29.69%

ClearOne competitors

One check before trading any stock is to have a look a list of its competitors, in this case for ClearOne. We selected 4 companies as ClearOne competitors as they are in the same industry or have similar market objectives.