ClearOne Incoprorated (NASDAQ:CLRO) – Stock analysts at B. Riley issued their Q1 2017 EPS estimates for ClearOne Incoprorated in a research note issued to investors on Wednesday. B. Riley analyst I. Corydon forecasts that the brokerage will earn $0.13 per share for the quarter. B. Riley has a “Buy” rating and a $12.00 price target on the stock. B. Riley also issued estimates for ClearOne Incoprorated’s Q2 2017 earnings at $0.09 EPS, Q3 2017 earnings at $0.16 EPS, Q4 2017 earnings at $0.08 EPS and FY2017 earnings at $0.44 EPS.
Several other brokerages have also commented on CLRO. Zacks Investment Research upgraded shares of ClearOne Incoprorated from a “sell” rating to a “hold” rating in a report on Tuesday, January 10th. TheStreet upgraded shares of ClearOne Incoprorated from a “hold” rating to a “buy” rating in a report on Tuesday, November 29th.
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Shares of ClearOne Incoprorated (NASDAQ:CLRO) opened at 10.75 on Monday. ClearOne Incoprorated has a one year low of $9.51 and a one year high of $12.60. The stock has a market capitalization of $95.25 million, a price-to-earnings ratio of 41.35 and a beta of 1.20. The stock’s 50 day moving average is $11.52 and its 200-day moving average is $11.29.
ClearOne Incoprorated (NASDAQ:CLRO) last announced its quarterly earnings data on Tuesday, March 14th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by $0.23. ClearOne Incoprorated had a net margin of 9.78% and a return on equity of 8.54%.
A number of large investors have recently added to or reduced their stakes in CLRO. Renaissance Technologies LLC raised its stake in ClearOne Incoprorated by 7.2% in the fourth quarter. Renaissance Technologies LLC now owns 167,800 shares of the company’s stock worth $1,913,000 after buying an additional 11,300 shares during the period. FMR LLC raised its stake in ClearOne Incoprorated by 5.6% in the fourth quarter. FMR LLC now owns 266,000 shares of the company’s stock worth $3,032,000 after buying an additional 14,000 shares during the period. Finally, Dimensional Fund Advisors LP acquired a new stake in ClearOne Incoprorated during the fourth quarter worth about $123,000. Institutional investors own 19.32% of the company’s stock.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 1st. Shareholders of record on Wednesday, February 15th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, February 13th. This represents a $0.20 dividend on an annualized basis and a yield of 1.86%. ClearOne Incoprorated’s dividend payout ratio (DPR) is presently 37.74%.
ClearOne Incoprorated Company Profile
ClearOne, Inc (ClearOne) is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for audio/voice and visual communications. The Company designs, develops, markets and services a line of conferencing products for personal use, as well as traditional tabletop, mid-tier professional products for large, medium and small businesses.
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