Analyzing ClearSign Technologies (CLIR) and Its Competitors

ClearSign Technologies (NASDAQ:CLIR) is one of 436 public companies in the “Machinery” industry, but how does it weigh in compared to its peers? We will compare ClearSign Technologies to similar businesses based on the strength of its dividends, institutional ownership, risk, profitability, valuation, earnings and analyst recommendations.

Volatility & Risk

ClearSign Technologies has a beta of 1.49, meaning that its share price is 49% more volatile than the S&P 500. Comparatively, ClearSign Technologies’ peers have a beta of 5.12, meaning that their average share price is 412% more volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
ClearSign Technologies	-96.07%	-58.08%	-44.61%
ClearSign Technologies Competitors	-1,035.51%	-36.25%	-0.27%

Insider & Institutional Ownership

24.0% of ClearSign Technologies shares are held by institutional investors. Comparatively, 51.8% of shares of all “Machinery” companies are held by institutional investors. 5.2% of ClearSign Technologies shares are held by company insiders. Comparatively, 14.1% of shares of all “Machinery” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
ClearSign Technologies	$5.23 million	-$5.50 million	-2.62
ClearSign Technologies Competitors	$4.64 billion	$362.62 million	6.51

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

Analyst Ratings

This is a breakdown of recent recommendations for ClearSign Technologies and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ClearSign Technologies	1	0	1	0	2.00
ClearSign Technologies Competitors	4211	14726	18256	808	2.41

ClearSign Technologies currently has a consensus target price of $20.00, indicating a potential upside of 740.34%. As a group, “Machinery” companies have a potential upside of 29.71%. Given ClearSign Technologies’ higher probable upside, research analysts clearly believe ClearSign Technologies is more favorable than its peers.

Summary

ClearSign Technologies peers beat ClearSign Technologies on 10 of the 13 factors compared.

About ClearSign Technologies

ClearSign Technologies Corporation (NASDAQ: CLIR) develops technologies designed to improve the performance, efficiency and environmental characteristics of industrial and commercial combustion systems. Its solutions are intended for applications that use burners and other combustion equipment to generate heat, including systems used in process heating, power generation and other industrial operations. The company’s product portfolio includes the ClearSign Core combustion technology, which is designed to reduce nitrogen oxide emissions while supporting efficient burner operation.