ClearSign Technologies (NASDAQ: CLIR) is one of 25 publicly-traded companies in the “Process control instruments” industry, but how does it compare to its competitors? We will compare ClearSign Technologies to related companies based on the strength of its profitability, institutional ownership, risk, analyst recommendations, dividends, valuation and earnings.
Risk & Volatility
ClearSign Technologies has a beta of 1.02, meaning that its stock price is 2% more volatile than the S&P 500. Comparatively, ClearSign Technologies’ competitors have a beta of 0.52, meaning that their average stock price is 48% less volatile than the S&P 500.
Institutional and Insider Ownership
7.7% of ClearSign Technologies shares are held by institutional investors. Comparatively, 62.5% of shares of all “Process control instruments” companies are held by institutional investors. 25.6% of ClearSign Technologies shares are held by insiders. Comparatively, 10.1% of shares of all “Process control instruments” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Analyst Recommendations
This is a breakdown of current ratings and target prices for ClearSign Technologies and its competitors, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| ClearSign Technologies | 0 | 0 | 1 | 0 | 3.00 |
| ClearSign Technologies Competitors | 171 | 767 | 1339 | 39 | 2.54 |
ClearSign Technologies currently has a consensus target price of $4.00, indicating a potential upside of 52.67%. As a group, “Process control instruments” companies have a potential downside of 0.34%. Given ClearSign Technologies’ stronger consensus rating and higher probable upside, equities research analysts clearly 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% |
Earnings & Valuation
This table compares ClearSign Technologies and its competitors top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| ClearSign Technologies | $530,000.00 | -$8.48 million | -8.19 |
| ClearSign Technologies Competitors | $2.29 billion | $361.44 million | 25.80 |
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.
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.
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