Northland Capmk Predicts Weaker Earnings for Clearfield

Clearfield, Inc. (NASDAQ:CLFD - Free Report) - Investment analysts at Northland Capmk lowered their FY2025 earnings per share estimates for shares of Clearfield in a research report issued to clients and investors on Thursday, August 7th. Northland Capmk analyst T. Savageaux now forecasts that the communications equipment provider will post earnings per share of $0.16 for the year, down from their prior forecast of $0.18. Northland Capmk has a "Hold" rating on the stock. The consensus estimate for Clearfield's current full-year earnings is ($0.29) per share. Northland Capmk also issued estimates for Clearfield's Q4 2025 earnings at $0.09 EPS.

Clearfield (NASDAQ:CLFD - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.06. The firm had revenue of $49.90 million for the quarter, compared to the consensus estimate of $47.58 million. Clearfield had a return on equity of 0.07% and a net margin of 0.11%.

Other analysts have also recently issued reports about the company. Northland Securities cut Clearfield from an "outperform" rating to a "market perform" rating and set a $45.00 price objective for the company. in a research report on Thursday, August 7th. Wall Street Zen cut Clearfield from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Roth Capital reaffirmed a "buy" rating on shares of Clearfield in a research report on Thursday, August 7th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $47.50.

Clearfield Stock Down 0.3%

NASDAQ:CLFD traded down $0.09 during mid-day trading on Monday, reaching $31.42. 26,267 shares of the stock were exchanged, compared to its average volume of 139,833. The company has a 50 day simple moving average of $41.05 and a 200-day simple moving average of $35.19. The stock has a market capitalization of $433.84 million, a P/E ratio of 3,117.00 and a beta of 1.63. Clearfield has a 1 year low of $23.78 and a 1 year high of $46.76.

Institutional Trading of Clearfield

Several hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets lifted its holdings in shares of Clearfield by 1,690.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 13,193 shares of the communications equipment provider's stock valued at $573,000 after buying an additional 12,456 shares during the period. Boothbay Fund Management LLC acquired a new stake in shares of Clearfield in the 2nd quarter valued at approximately $2,307,000. Brevan Howard Capital Management LP acquired a new stake in shares of Clearfield in the 2nd quarter valued at approximately $255,000. Bank of America Corp DE lifted its holdings in shares of Clearfield by 71.3% in the 2nd quarter. Bank of America Corp DE now owns 52,875 shares of the communications equipment provider's stock valued at $2,295,000 after buying an additional 22,003 shares during the period. Finally, Jane Street Group LLC raised its holdings in Clearfield by 69.2% during the second quarter. Jane Street Group LLC now owns 34,062 shares of the communications equipment provider's stock worth $1,479,000 after purchasing an additional 13,926 shares during the last quarter. 88.73% of the stock is owned by institutional investors and hedge funds.

About Clearfield

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.