Clearfield (NASDAQ:CLFD) Releases Quarterly Earnings Results, Beats Expectations By $0.13 EPS

Clearfield (NASDAQ:CLFD - Get Free Report) posted its quarterly earnings results on Thursday. The communications equipment provider reported ($0.13) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.26) by $0.13, Zacks reports. Clearfield had a negative net margin of 5.41% and a negative return on equity of 3.29%. Clearfield updated its Q2 2025 guidance to -0.200--0.160 EPS and its FY 2025 guidance to EPS.

Clearfield Stock Down 0.7 %

CLFD traded down $0.24 during midday trading on Monday, hitting $34.51. 183,026 shares of the company's stock traded hands, compared to its average volume of 134,351. The company has a market cap of $487.63 million, a PE ratio of -54.78 and a beta of 1.28. The stock's fifty day simple moving average is $34.15 and its 200-day simple moving average is $35.82. The company has a debt-to-equity ratio of 0.01, a current ratio of 9.43 and a quick ratio of 6.69. Clearfield has a one year low of $27.06 and a one year high of $44.83.

Analyst Upgrades and Downgrades

CLFD has been the subject of a number of research analyst reports. StockNews.com lowered shares of Clearfield from a "hold" rating to a "sell" rating in a research report on Saturday, January 11th. Needham & Company LLC reaffirmed a "buy" rating and set a $50.00 price objective on shares of Clearfield in a research report on Friday. One analyst has rated the stock with a sell rating and four have given a buy rating to the company. According to MarketBeat.com, Clearfield currently has an average rating of "Moderate Buy" and an average price target of $46.75.

Insider Activity at Clearfield

In related news, Chairman Ronald G. Roth purchased 5,000 shares of the stock in a transaction on Thursday, December 5th. The shares were bought at an average price of $31.00 per share, for a total transaction of $155,000.00. Following the completion of the acquisition, the chairman now directly owns 1,266,796 shares in the company, valued at approximately $39,270,676. This trade represents a 0.40 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 17.80% of the company's stock.

Clearfield Company Profile

Clearfield, Inc manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products.