Positive News SentimentPositive NewsNASDAQ:CLFD Clearfield (CLFD) Stock Price, News & Analysis → Protect Your Bank Account from China (From Behind the Markets) (Ad) Free CLFD Stock Alerts $39.58 +0.62 (+1.59%) (As of 06/17/2024 ET) Add Compare Share Share Today's Range$38.68▼$39.8750-Day Range$28.25▼$40.7252-Week Range$22.91▼$49.64Volume62,054 shsAverage Volume193,797 shsMarket Capitalization$563.22 millionP/E RatioN/ADividend YieldN/APrice Target$43.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Clearfield alerts: Email Address Clearfield MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside9.9% Upside$43.50 Price TargetShort InterestBearish19.65% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$92,790 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($1.26) to $0.33 Per ShareSee Full Details Hide Full Details 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.0.58 out of 5 starsComputer And Technology Sector556th out of 585 stocksTelephone & Telegraph Apparatus Industry9th out of 10 stocks 1.4 Analyst's Opinion Consensus RatingClearfield has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageClearfield has only been the subject of 3 research reports in the past 90 days.Read more about Clearfield's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted19.65% of the float of Clearfield has been sold short.Short Interest Ratio / Days to CoverClearfield has a short interest ratio ("days to cover") of 12.6, which indicates bearish sentiment.Change versus previous monthShort interest in Clearfield has recently decreased by 1.27%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldClearfield does not currently pay a dividend.Dividend GrowthClearfield does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CLFD. Previous Next 2.7 News and Social Media Coverage News SentimentClearfield has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Clearfield this week, compared to 3 articles on an average week.Search InterestOnly 3 people have searched for CLFD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Clearfield insiders have bought more of their company's stock than they have sold. Specifically, they have bought $92,790.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders16.00% of the stock of Clearfield is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions88.73% of the stock of Clearfield is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Clearfield's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Clearfield are expected to grow in the coming year, from ($1.26) to $0.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Clearfield is -158.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Clearfield is -158.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioClearfield has a P/B Ratio of 1.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Clearfield's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsReclusive millionaire’s final warning about AmericaThis crisis that's likly to begin in this country — before the election — could be bigger and more destructive than any crisis I've ever seen. That's why, no matter what you do, make sure you watch my short video and learn the three steps you need to take right now.Click here to learn how to prepare before it's too late. 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.Read More CLFD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CLFD Stock News HeadlinesMay 29, 2024 | insidertrades.comClearfield, Inc. (NASDAQ:CLFD) Chairman Ronald G. Roth Purchases 2,000 SharesMay 29, 2024 | msn.com'Remembering our fallen heroes:' Clearfield Co. church hosts special Memorial Day serviceMay 22, 2024 | money.usnews.comClearfield IncMay 16, 2024 | markets.businessinsider.comExpert Outlook: Clearfield Through The Eyes Of 4 AnalystsMay 15, 2024 | markets.businessinsider.comBuy Rating Affirmed for Clearfield Amidst Growth Potential and Strategic PositioningMay 10, 2024 | finance.yahoo.comClearfield Second Quarter 2024 Earnings: Beats ExpectationsMay 4, 2024 | markets.businessinsider.comClearfield’s Upbeat Financial Performance and Growth Prospects Affirm Buy RatingMay 3, 2024 | marketwatch.comClearfield Shares Rise 20% After 2Q Sales, Earnings BeatsMay 3, 2024 | finance.yahoo.comClearfield, Inc. (NASDAQ:CLFD) Q2 2024 Earnings Call TranscriptMay 3, 2024 | finance.yahoo.comClearfield Inc (CLFD) Q2 2024 Earnings Call Transcript Highlights: Navigating Challenges and ...May 2, 2024 | sfgate.comClearfield: Fiscal Q2 Earnings SnapshotMay 2, 2024 | msn.comClearfield County teen charged as adult in shooting death of a 12-year-old girlMay 2, 2024 | finance.yahoo.comClearfield Inc (CLFD) Q2 2024 Earnings: Narrower Loss Than Expected Amid ChallengesMay 2, 2024 | globenewswire.comClearfield Reports Second Quarter 2024 ResultsMay 2, 2024 | markets.businessinsider.comHere's what Wall Street expects from Clearfield's earnings reportApril 30, 2024 | msn.comJuveniles involved in ‘tragic’ Clearfield County shooting, state police investigatingApril 30, 2024 | businesswire.comClearfield to Present at the Needham Technology, Media, & Consumer ConferenceApril 27, 2024 | msn.comClearfield County Man Sentenced in Child Pornography CaseApril 22, 2024 | finance.yahoo.comClearfield, Inc.'s (NASDAQ:CLFD) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?April 21, 2024 | finance.yahoo.comClearfield, Inc. (CLFD)April 19, 2024 | msn.comDog shot in Clearfield County sheds light on lack of humane officersApril 19, 2024 | globenewswire.comClearfield Sets Fiscal Second Quarter 2024 Earnings Call for Thursday, May 2, 2024April 18, 2024 | msn.comClearfield man accused of pulling gun on two womenApril 17, 2024 | msn.comMeet Dennyboy! Australian Shepard found shot in Clearfield Co. awaiting amputation surgeryApril 17, 2024 | msn.comCommunity Cleanup Day scheduled for downtown ClearfieldSee More Headlines Receive CLFD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Clearfield and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/02/2024Today6/17/2024Next Earnings (Estimated)8/01/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Telephone & telegraph apparatus Sub-IndustryN/A Current SymbolNASDAQ:CLFD CUSIPN/A CIK796505 Webwww.seeclearfield.com Phone(763) 476-6866Fax763-475-8457Employees400Year FoundedN/APrice Target and Rating Average Stock Price Target$43.50 High Stock Price Target$47.00 Low Stock Price Target$40.00 Potential Upside/Downside+9.9%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.25) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$32.53 million Net Margins-1.79% Pretax Margin-2.14% Return on Equity-1.08% Return on Assets-0.95% Debt Debt-to-Equity RatioN/A Current Ratio9.76 Quick Ratio6.58 Sales & Book Value Annual Sales$268.72 million Price / Sales2.10 Cash Flow$2.34 per share Price / Cash Flow16.95 Book Value$20.65 per share Price / Book1.92Miscellaneous Outstanding Shares14,230,000Free Float11,956,000Market Cap$563.22 million OptionableOptionable Beta1.36 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMs. Cheryl P. Beranek (Age 62)CEO, President & Director Comp: $446.26kMr. Daniel R. Herzog (Age 60)Chief Financial Officer Comp: $358.59kMr. John P. Hill (Age 58)Chief Operating Officer Comp: $446.16kMr. Skip HansenChief Information OfficerFrank J. Brixius Jr.General Counsel & SecretaryMr. Kevin MorganChief Marketing OfficerMr. Bob CodyVice President of Human Resources & Office of Resource ManagementMr. Allen GriserChief Commercial OfficerMore ExecutivesKey CompetitorsAvayaNYSE:AVYACommunications SystemsNASDAQ:JCSInfineraNASDAQ:INFNNETGEARNASDAQ:NTGRADTRANNASDAQ:ADTNView All CompetitorsInsiders & InstitutionsBoston PartnersSold 21,151 shares on 5/28/2024Ownership: 5.688%Ronald G RothBought 2,000 shares on 5/23/2024Total: $72,800.00 ($36.40/share)Walleye Trading LLCSold 4,900 shares on 5/17/2024Ownership: 0.000%Janus Henderson Group PLCBought 777 shares on 5/16/2024Ownership: 0.239%California State Teachers Retirement SystemSold 970 shares on 5/16/2024Ownership: 0.094%View All Insider TransactionsView All Institutional Transactions CLFD Stock Analysis - Frequently Asked Questions Should I buy or sell Clearfield stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clearfield in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CLFD shares. View CLFD analyst ratings or view top-rated stocks. What is Clearfield's stock price target for 2024? 4 Wall Street analysts have issued 1-year price targets for Clearfield's stock. Their CLFD share price targets range from $40.00 to $47.00. On average, they predict the company's stock price to reach $43.50 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View analysts price targets for CLFD or view top-rated stocks among Wall Street analysts. How have CLFD shares performed in 2024? Clearfield's stock was trading at $29.08 at the beginning of the year. Since then, CLFD shares have increased by 36.1% and is now trading at $39.58. View the best growth stocks for 2024 here. When is Clearfield's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our CLFD earnings forecast. How were Clearfield's earnings last quarter? Clearfield, Inc. (NASDAQ:CLFD) released its quarterly earnings results on Thursday, May, 2nd. The communications equipment provider reported ($0.40) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.53) by $0.13. The communications equipment provider earned $36.90 million during the quarter, compared to analyst estimates of $31.25 million. Clearfield had a negative net margin of 1.79% and a negative trailing twelve-month return on equity of 1.08%. The company's quarterly revenue was down 43.1% on a year-over-year basis. During the same period last year, the company posted $0.67 EPS. What ETFs hold Clearfield's stock? ETFs with the largest weight of Clearfield (NASDAQ:CLFD) stock in their portfolio include Hypatia Women CEO ETF (WCEO), iShares U.S. Digital Infrastructure and Real Estate ETF (IGN), SPDR S&P Telecom ETF (XTL) and Roundhill Acquirers Deep Value ETF (DEEP).iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT). What guidance has Clearfield issued on next quarter's earnings? Clearfield issued an update on its third quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of -0.380--0.310 for the period, compared to the consensus EPS estimate of -0.260. The company issued revenue guidance of $40.0 million-$44.0 million, compared to the consensus revenue estimate of $37.6 million. 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. What other stocks do shareholders of Clearfield own? Based on aggregate information from My MarketBeat watchlists, some companies that other Clearfield investors own include Wendy's (WEN), ACADIA Pharmaceuticals (ACAD), Horizon Therapeutics Public (HZNP), NVIDIA (NVDA), Akoustis Technologies (AKTS), Clearside Biomedical (CLSD), CyberOptics (CYBE), JD.com (JD), Repligen (RGEN) and Zynga (ZNGA). Who are Clearfield's major shareholders? Clearfield's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.88%), Boston Partners (5.69%), Nordea Investment Management AB (0.77%), Raymond James Financial Services Advisors Inc. (0.33%), Janus Henderson Group PLC (0.24%) and Commonwealth Equity Services LLC (0.15%). Insiders that own company stock include Carol Ann Wirsbinski, Charles N Hayssen, Daniel R Herzog, Donald R Hayward, John P Hill, Patrick Goepel, Roger G Harding, Ronald G Roth and Walter Louis Jones Jr. 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. This page (NASDAQ:CLFD) was last updated on 6/18/2024 by MarketBeat.com Staff From Our PartnersBigger Than NVIDIA?With NVIDIA flying high, everyone is looking for the next breakout stock. But right now... 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