Northland Capmk Estimates Clearfield Q3 Earnings

Clearfield, Inc. (NASDAQ:CLFD - Free Report) - Analysts at Northland Capmk issued their Q3 2026 earnings per share (EPS) estimates for shares of Clearfield in a research note issued 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.

Clearfield (NASDAQ:CLFD - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The communications equipment provider reported $0.09 EPS for the quarter, topping 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 firm had revenue of $47.17 million during the quarter, compared to analysts' expectations of $38.53 million.

Other equities analysts have also issued research reports about the company. Needham & Company LLC restated a "buy" rating and set a $50.00 price target on shares of Clearfield in a research note on Wednesday, March 26th. StockNews.com raised Clearfield from a "sell" rating to a "hold" rating in a research report on Monday, February 10th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $46.75.

Clearfield Trading Up 1.0%

Shares of CLFD traded up $0.39 during trading hours on Monday, reaching $39.36. 84,227 shares of the company traded hands, compared to its average volume of 122,784. The firm has a market cap of $556.24 million, a price-to-earnings ratio of -62.48 and a beta of 1.61. The company has a current ratio of 10.57, a quick ratio of 7.41 and a debt-to-equity ratio of 0.01. Clearfield has a 12-month low of $23.78 and a 12-month high of $44.83. The stock's fifty day moving average price is $29.55 and its 200 day moving average price is $31.96.

Institutional Investors Weigh In On Clearfield

A number of large investors have recently made changes to their positions in the stock. Invesco Ltd. lifted its position in Clearfield by 2.5% during the 4th quarter. Invesco Ltd. now owns 15,146 shares of the communications equipment provider's stock worth $470,000 after acquiring an additional 366 shares during the period. US Bancorp DE increased its holdings in shares of Clearfield by 705.0% in the first quarter. US Bancorp DE now owns 966 shares of the communications equipment provider's stock valued at $29,000 after purchasing an additional 846 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of Clearfield by 340.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,172 shares of the communications equipment provider's stock worth $36,000 after purchasing an additional 906 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Clearfield by 3.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 26,488 shares of the communications equipment provider's stock worth $821,000 after purchasing an additional 960 shares during the period. Finally, Occudo Quantitative Strategies LP boosted its position in Clearfield by 13.7% in the fourth quarter. Occudo Quantitative Strategies LP now owns 10,421 shares of the communications equipment provider's stock valued at $323,000 after buying an additional 1,254 shares during the last quarter. 88.73% of the stock is owned by hedge funds and other institutional investors.

Clearfield Company Profile

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.