Clearfield, Inc. (NASDAQ:CLFD - Free Report) - Equities research analysts at Northland Capmk upped their Q4 2025 earnings per share estimates for Clearfield in a report released on Friday, November 8th. Northland Capmk analyst T. Savageaux now anticipates that the communications equipment provider will post earnings per share of $0.19 for the quarter, up from their prior estimate of $0.17. The consensus estimate for Clearfield's current full-year earnings is ($0.98) per share.
A number of other analysts have also commented on the company. Northland Securities lifted their price target on Clearfield from $40.00 to $45.00 and gave the company an "outperform" rating in a research note on Friday, August 2nd. StockNews.com raised Clearfield from a "sell" rating to a "hold" rating in a research note on Thursday. Roth Mkm cut their price objective on Clearfield from $47.00 to $45.00 and set a "buy" rating on the stock in a research note on Friday, August 2nd. Lake Street Capital raised Clearfield from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $31.00 to $47.00 in a research note on Friday, August 2nd. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $50.00 price objective on shares of Clearfield in a research note on Friday. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Clearfield has an average rating of "Moderate Buy" and a consensus target price of $46.75.
View Our Latest Stock Report on Clearfield
Clearfield Price Performance
Clearfield stock traded up $0.60 during midday trading on Monday, reaching $34.80. The company's stock had a trading volume of 281,194 shares, compared to its average volume of 157,119. Clearfield has a 52 week low of $23.45 and a 52 week high of $44.83. The company has a current ratio of 8.38, a quick ratio of 5.73 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average price of $37.49 and a 200-day moving average price of $37.76. The stock has a market cap of $495.55 million, a PE ratio of -55.16 and a beta of 1.35.
Clearfield (NASDAQ:CLFD - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported ($0.06) EPS for the quarter, topping analysts' consensus estimates of ($0.19) by $0.13. Clearfield had a negative return on equity of 3.06% and a negative net margin of 5.26%. The company had revenue of $46.80 million for the quarter, compared to analysts' expectations of $41.95 million. During the same quarter last year, the business earned $0.17 earnings per share. Clearfield's revenue was down 5.8% on a year-over-year basis.
Institutional Investors Weigh In On Clearfield
Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Clearfield by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 1,012,432 shares of the communications equipment provider's stock valued at $31,223,000 after purchasing an additional 14,307 shares during the period. Segall Bryant & Hamill LLC grew its stake in Clearfield by 12.2% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 249,087 shares of the communications equipment provider's stock worth $9,704,000 after buying an additional 27,178 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Clearfield by 83.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 228,173 shares of the communications equipment provider's stock worth $8,798,000 after buying an additional 103,648 shares during the last quarter. Divisadero Street Capital Management LP purchased a new stake in shares of Clearfield in the 2nd quarter valued at $7,801,000. Finally, Creative Planning boosted its position in Clearfield by 0.5% during the 3rd quarter. Creative Planning now owns 98,599 shares of the communications equipment provider's stock valued at $3,841,000 after buying an additional 511 shares during the period. Institutional investors own 88.73% of the company's stock.
About Clearfield
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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.
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