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NASDAQ:CLFD

Clearfield (CLFD) Stock Price, News & Analysis

$36.49
-1.46 (-3.85%)
(As of 09/6/2024 ET)
Today's Range
$36.05
$37.97
50-Day Range
$36.23
$43.40
52-Week Range
$22.91
$44.83
Volume
90,910 shs
Average Volume
171,935 shs
Market Capitalization
$519.36 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$46.75

Clearfield MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
28.1% Upside
$46.75 Price Target
Short Interest
Bearish
12.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.01mentions of Clearfield in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$50,007 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.98) to ($0.03) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.08 out of 5 stars

Computer And Technology Sector

405th out of 594 stocks

Telephone & Telegraph Apparatus Industry

7th out of 10 stocks

CLFD stock logo

About Clearfield Stock (NASDAQ:CLFD)

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. It also provides CraftSmart FiberFirst pedestals, an access terminal that offers a cable management and mounting bracket kit to support the deployment of access terminals; YOURx, an access terminal that provides flexibility with cable mid-span and internal splicing options; and FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment. In addition, the company offers fiber assemblies; fiber optic and copper cables, microducts, microduct accessories, and tools; and installation and connection accessories for fiber optic networks. It serves community broadband customers, multiple system operators, large regional service providers, and wireline/wireless national telco carriers. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was incorpoarted in 1979 and is headquartered in Minneapolis, Minnesota.

CLFD Stock Price History

CLFD Stock News Headlines

Who are Nvidia’s New Silent Partners?
Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.
Who are Nvidia’s New Silent Partners?
Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.
Lake Street Keeps Their Buy Rating on Clearfield (CLFD)
Clearfield Reports Third Quarter Fiscal 2024 Results
Clearfield earnings preview: what Wall Street is expecting
See More Headlines
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Company Calendar

Last Earnings
8/01/2024
Today
9/07/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/14/2024

Industry, Sector and Symbol

Industry
Telephone & telegraph apparatus
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:CLFD
Employees
1,130
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$46.75
High Stock Price Target
$50.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+28.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$32.53 million
Pretax Margin
-6.88%

Debt

Sales & Book Value

Annual Sales
$169.62 million
Cash Flow
$2.25 per share
Book Value
$19.28 per share

Miscellaneous

Free Float
11,956,000
Market Cap
$519.36 million
Optionable
Optionable
Beta
1.39
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CLFD Stock Analysis - Frequently Asked Questions

How have CLFD shares performed this year?

Clearfield's stock was trading at $29.08 at the beginning of 2024. Since then, CLFD stock has increased by 25.5% and is now trading at $36.49.
View the best growth stocks for 2024 here
.

How were Clearfield's earnings last quarter?

Clearfield, Inc. (NASDAQ:CLFD) posted its earnings results on Thursday, August, 1st. The communications equipment provider reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.34) by $0.30. Clearfield's quarterly revenue was down 20.4% on a year-over-year basis.

What is Cheri P. Beranek's approval rating as Clearfield's CEO?

6 employees have rated Clearfield Chief Executive Officer Cheri P. Beranek on Glassdoor.com. Cheri P. Beranek has an approval rating of 71% among the company's employees. 45.0% of employees surveyed would recommend working at Clearfield to a friend.

Who are Clearfield's major shareholders?

Top institutional shareholders of Clearfield include Dimensional Fund Advisors LP (1.60%), Divisadero Street Capital Management LP (1.42%), Marshall Wace LLP (1.28%) and Dana Investment Advisors Inc. (1.01%). Insiders that own company stock include Ronald G Roth, John P Hill, Charles N Hayssen, Patrick Goepel, Daniel R Herzog, Roger G Harding, Donald R Hayward, Walter Louis Jones Jr and Carol Ann Wirsbinski.
View institutional ownership trends
.

How do I buy shares of Clearfield?

Shares of CLFD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Clearfield own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Clearfield investors own include Wendy's (WEN), ACADIA Pharmaceuticals (ACAD), Horizon Therapeutics Public (HZNP), NVIDIA (NVDA), Akoustis Technologies (AKTS), Clearside Biomedical (CLSD) and CyberOptics (CYBE).

This page (NASDAQ:CLFD) was last updated on 9/7/2024 by MarketBeat.com Staff

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