Reviewing ClearSign Technologies (CLIR) and Its Rivals

ClearSign Technologies (NASDAQ: CLIR) is one of 25 public companies in the “Process control instruments” industry, but how does it contrast to its competitors? We will compare ClearSign Technologies to related companies based on the strength of its analyst recommendations, institutional ownership, risk, profitability, earnings, dividends and valuation.

Analyst Recommendations

This is a breakdown of current ratings and price targets for ClearSign Technologies and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ClearSign Technologies 0 0 1 0 3.00
ClearSign Technologies Competitors 171 766 1338 39 2.54

ClearSign Technologies currently has a consensus price target of $4.00, suggesting a potential upside of 72.41%. As a group, “Process control instruments” companies have a potential upside of 0.91%. Given ClearSign Technologies’ stronger consensus rating and higher possible upside, equities research analysts plainly believe ClearSign Technologies is more favorable than its competitors.

Profitability

This table compares ClearSign Technologies and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ClearSign Technologies N/A -77.84% -63.93%
ClearSign Technologies Competitors 12.29% -86.20% 5.48%

Insider & Institutional Ownership

7.7% of ClearSign Technologies shares are owned by institutional investors. Comparatively, 62.5% of shares of all “Process control instruments” companies are owned by institutional investors. 25.6% of ClearSign Technologies shares are owned by insiders. Comparatively, 10.1% of shares of all “Process control instruments” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares ClearSign Technologies and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
ClearSign Technologies $530,000.00 -$8.48 million -7.25
ClearSign Technologies Competitors $2.29 billion $361.44 million 25.82

ClearSign Technologies’ competitors have higher revenue and earnings than ClearSign Technologies. ClearSign Technologies is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

ClearSign Technologies has a beta of 1.02, meaning that its share price is 2% more volatile than the S&P 500. Comparatively, ClearSign Technologies’ competitors have a beta of 0.52, meaning that their average share price is 48% less volatile than the S&P 500.

Summary

ClearSign Technologies competitors beat ClearSign Technologies on 7 of the 13 factors compared.

ClearSign Technologies Company Profile

ClearSign Technologies Corporation designs and develops products and technologies to enhance operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States. Its Duplex Plug & Play technology provides a direct burner replacement solution for traditional refinery heaters. The company was formerly known as ClearSign Combustion Corporation and changed its name ClearSign Technologies Corporation in November 2019. ClearSign Technologies Corporation was founded in 2008 and is headquartered in Seattle, Washington.