Research Analysts Issue Forecasts for Clearfield Q3 Earnings

Clearfield, Inc. (NASDAQ:CLFD - Free Report) - Research analysts at Northland Capmk issued their Q3 2026 earnings estimates for shares of Clearfield in a research note issued to investors on Friday, May 9th. Northland Capmk analyst T. Savageaux expects that the communications equipment provider will post earnings per share of $0.22 for the quarter. The consensus estimate for Clearfield's current full-year earnings is ($0.29) per share. Northland Capmk also issued estimates for Clearfield's Q4 2026 earnings at $0.41 EPS.

CLFD has been the subject of several other research reports. Needham & Company LLC restated a "buy" rating and issued a $50.00 price target on shares of Clearfield in a report on Wednesday, March 26th. StockNews.com upgraded shares of Clearfield from a "sell" rating to a "hold" rating in a report on Monday, February 10th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $46.75.

Clearfield Trading Up 7.8%

NASDAQ:CLFD opened at $34.31 on Monday. Clearfield has a one year low of $23.78 and a one year high of $44.83. The company has a debt-to-equity ratio of 0.01, a quick ratio of 7.41 and a current ratio of 10.57. The firm has a market cap of $484.87 million, a P/E ratio of -54.46 and a beta of 1.61. The firm has a 50-day simple moving average of $28.88 and a 200-day simple moving average of $31.87.

Clearfield (NASDAQ:CLFD - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The communications equipment provider reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of ($0.19) by $0.28. Clearfield had a negative net margin of 5.41% and a negative return on equity of 3.31%. The company had revenue of $47.17 million during the quarter, compared to analyst estimates of $38.53 million.

Insider Buying and Selling

In related news, COO John P. Hill sold 16,539 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $33.26, for a total transaction of $550,087.14. Following the completion of the transaction, the chief operating officer now owns 189,886 shares in the company, valued at $6,315,608.36. The trade was a 8.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 17.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CLFD. US Bancorp DE raised its stake in shares of Clearfield by 705.0% during the 1st quarter. US Bancorp DE now owns 966 shares of the communications equipment provider's stock worth $29,000 after acquiring an additional 846 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Clearfield by 340.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,172 shares of the communications equipment provider's stock worth $36,000 after acquiring an additional 906 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Clearfield by 2,710.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,855 shares of the communications equipment provider's stock worth $55,000 after purchasing an additional 1,789 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in Clearfield during the 4th quarter worth approximately $74,000. Finally, GAMMA Investing LLC grew its position in Clearfield by 5,214.1% during the 1st quarter. GAMMA Investing LLC now owns 4,517 shares of the communications equipment provider's stock worth $134,000 after purchasing an additional 4,432 shares during the last quarter. Institutional investors own 88.73% of the company's stock.

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.

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