Clearfield Company Profile (NASDAQ:CLFD)

About Clearfield (NASDAQ:CLFD)

Clearfield logoClearfield, Inc. manufactures, markets and sells fiber management and enclosure platform that consolidates, distributes and protects fiber as it moves from the inside plant to the outside plant and all the way to the home, business and cell site. The Company's products include Clearview Cassette, which is the building block of its product platform; Connectivity and Optical Components; FieldSmart, which is a series of panels, cabinets, wall boxes and other enclosures that house the Clearview components; FieldShield, which is a fiber delivery method for broadband deployment; CraftSmart, which is a line of optical protection field enclosures, and Cable Assemblies. Its products are sold across broadband service providers, including traditional telephone companies, competitive local exchange carriers, multiple service operators (cable television), wireless service providers, and municipal-owned utilities that utilize fiber in their service offerings to businesses and consumers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communications & Networking
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CLFD
  • CUSIP: N/A
  • Web: www.clearfieldconnection.com
Capitalization:
  • Market Cap: $189.51 million
  • Outstanding Shares: 13,934,000
Average Prices:
  • 50 Day Moving Avg: $13.06
  • 200 Day Moving Avg: $13.35
  • 52 Week Range: $11.00 - $21.60
P/E:
  • Trailing P/E Ratio: 34.41
  • Foreward P/E Ratio: 38.14
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $76.58 million
  • Price / Sales: 2.43
  • Book Value: $4.62 per share
  • Price / Book: 2.89
Profitability:
  • EBITDA: $9.17 million
  • Net Margins: 6.87%
  • Return on Equity: 8.12%
  • Return on Assets: 7.51%
Debt:
  • Current Ratio: 10.10%
  • Quick Ratio: 7.95%
Misc:
  • Average Volume: 54,866 shs.
  • Beta: 1.28
  • Short Ratio: 14.23
 

Frequently Asked Questions for Clearfield (NASDAQ:CLFD)

What is Clearfield's stock symbol?

Clearfield trades on the NASDAQ under the ticker symbol "CLFD."

How will Clearfield's stock buyback program work?

Clearfield announced that its board has initiated a stock buyback program on Sunday, June 4th 2017, which permits the company to buyback $4,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 1.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

How were Clearfield's earnings last quarter?

Clearfield, Inc. (NASDAQ:CLFD) issued its quarterly earnings results on Thursday, July, 27th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.12 by $0.06. The company had revenue of $19.61 million for the quarter, compared to the consensus estimate of $22.90 million. Clearfield had a return on equity of 8.12% and a net margin of 6.87%. The business's revenue was down 9.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.16 EPS. View Clearfield's Earnings History.

When will Clearfield make its next earnings announcement?

Clearfield is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Clearfield.

Where is Clearfield's stock going? Where will Clearfield's stock price be in 2017?

1 equities research analysts have issued 12 month price objectives for Clearfield's stock. Their forecasts range from $15.00 to $15.00. On average, they expect Clearfield's share price to reach $15.00 in the next year. View Analyst Ratings for Clearfield.

Who are some of Clearfield's key competitors?

Who are Clearfield's key executives?

Clearfield's management team includes the folowing people:

  • Cheryl Podzimek Beranek, President, Chief Executive Officer, Director
  • Daniel R. Herzog, Chief Financial Officer
  • John P. Hill, Chief Operating Officer
  • Kevin Morgan, Chief Marketing Officer
  • Ronald G. Roth, Non-Executive Independent Chairman of the Board
  • Patrick Goepel, Independent Director
  • Roger G. Harding, Independent Director
  • Charles N. Hayssen, Independent Director
  • Donald R. Hayward, Independent Director

How do I buy Clearfield stock?

Shares of Clearfield can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Clearfield's stock price today?

One share of Clearfield stock can currently be purchased for approximately $13.35.


MarketBeat Community Rating for Clearfield (NASDAQ CLFD)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  84 (Vote Outperform)
Underperform Votes:  102 (Vote Underperform)
Total Votes:  186
MarketBeat's community ratings are surveys of what our community members think about Clearfield and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Clearfield (NASDAQ:CLFD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $15.00 (12.36% upside)
Consensus Price Target History for Clearfield (NASDAQ:CLFD)
Price Target History for Clearfield (NASDAQ:CLFD)
Analysts' Ratings History for Clearfield (NASDAQ:CLFD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Northland SecuritiesSet Price TargetBuy$15.00N/AView Rating Details
11/23/2015Lake Street CapitalInitiated CoverageBuy$15.00N/AView Rating Details
(Data available from 10/20/2015 forward)

Earnings

Earnings History for Clearfield (NASDAQ:CLFD)
Earnings by Quarter for Clearfield (NASDAQ:CLFD)
Earnings History by Quarter for Clearfield (NASDAQ CLFD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017$0.07N/AView Earnings Details
7/27/2017Q3 2017$0.12$0.06$22.90 million$19.61 millionViewN/AView Earnings Details
4/28/2017Q2 2017$0.10$0.07$20.85 million$17.70 millionViewN/AView Earnings Details
1/26/2017Q117$0.08$0.06$19.60 million$18.30 millionViewN/AView Earnings Details
11/10/2016Q4 2016$0.12$0.20$19.90 million$21.10 millionViewN/AView Earnings Details
7/28/2016Q316$0.11$0.16$17.85 million$21.60 millionViewN/AView Earnings Details
4/28/2016Q216$0.03$0.11$13.67 million$16.90 millionViewN/AView Earnings Details
1/28/2016Q1$0.08$0.10$14.76 million$15.70 millionViewN/AView Earnings Details
11/12/2015Q415$0.11$0.10$18.50 million$15.80 millionViewN/AView Earnings Details
7/23/2015Q215$0.09$0.14$15.22 million$18.20 millionViewN/AView Earnings Details
4/23/2015Q2$0.07$0.02$13.29 million$12.37 millionViewN/AView Earnings Details
1/29/2015Q115$0.07$0.08$14.18 million$14.00 millionViewN/AView Earnings Details
11/13/2014Q414$0.14$0.08$14.82 million$14.30 millionViewN/AView Earnings Details
7/24/2014Q3$0.12$0.08$15.94 million$14.36 millionViewN/AView Earnings Details
4/24/2014Q2 2014$0.12$0.09$15.89 million$13.20 millionViewN/AView Earnings Details
1/23/2014Q114$0.14$0.15$10.27 million$16.15 millionViewN/AView Earnings Details
1/24/2013Q1 2013$0.04$9.16 million$10.23 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Clearfield (NASDAQ:CLFD)
2017 EPS Consensus Estimate: $0.48
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.07$0.07$0.07
Q2 20171$0.11$0.11$0.11
Q3 20171$0.16$0.16$0.16
Q4 20171$0.14$0.14$0.14
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Clearfield (NASDAQ:CLFD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Clearfield (NASDAQ:CLFD)
Insider Ownership Percentage: 18.30%
Institutional Ownership Percentage: 27.37%
Insider Trades by Quarter for Clearfield (NASDAQ:CLFD)
Institutional Ownership by Quarter for Clearfield (NASDAQ:CLFD)
Insider Trades by Quarter for Clearfield (NASDAQ:CLFD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/9/2017Roger G HardingDirectorBuy1,000$11.50$11,500.00View SEC Filing  
8/1/2017Ronald G RothChairmanBuy5,000$11.45$57,250.00View SEC Filing  
5/12/2017Ronald G RothChairmanBuy5,000$14.14$70,700.00View SEC Filing  
5/9/2017Roger G HardingDirectorBuy1,200$14.20$17,040.00View SEC Filing  
2/10/2017Roger G HardingDirectorBuy1,000$15.75$15,750.00View SEC Filing  
2/7/2017Roger G HardingDirectorBuy1,000$15.95$15,950.00View SEC Filing  
1/31/2017Ronald G RothChairmanBuy5,000$17.50$87,500.00View SEC Filing  
11/22/2016Daniel R HerzogCFOSell25,000$19.30$482,500.00View SEC Filing  
8/18/2016John P HillCOOSell5,000$17.86$89,300.00View SEC Filing  
8/16/2016Ronald G RothChairmanBuy5,000$17.97$89,850.00View SEC Filing  
8/15/2016John P HillCOOSell5,000$19.16$95,800.00View SEC Filing  
8/4/2016Cheryl BeranekCEOSell10,000$19.21$192,100.00View SEC Filing  
5/13/2016Ronald G RothChairmanBuy5,000$17.60$88,000.00View SEC Filing  
5/3/2016Patrick GoepelDirectorBuy1,250$18.60$23,250.00View SEC Filing  
2/29/2016Daniel R HerzogCFOSell4,000$14.69$58,760.00View SEC Filing  
2/9/2016Stephen L ZuckermanDirectorSell2,000$13.58$27,160.00View SEC Filing  
2/5/2016Ronald G RothChairmanBuy5,000$13.56$67,800.00View SEC Filing  
2/3/2016Patrick GoepelDirectorBuy1,000$14.07$14,070.00View SEC Filing  
11/30/2015Ronald G. RothChairmanBuy10,000$13.60$136,000.00View SEC Filing  
11/17/2015Charles N HayssenDirectorBuy3,000$12.01$36,030.00View SEC Filing  
8/20/2015Ronald G RothChairmanBuy5,000$17.23$86,150.00View SEC Filing  
5/15/2015John P HillCOOSell10,000$13.08$130,800.00View SEC Filing  
4/30/2015Ronald G RothChairmanBuy20,000$13.90$278,000.00View SEC Filing  
4/28/2015Donald R HaywardDirectorSell4,000$14.55$58,200.00View SEC Filing  
4/15/2015John P HillCOOSell10,000$15.78$157,800.00View SEC Filing  
3/16/2015John P HillCOOSell10,000$15.02$150,200.00View SEC Filing  
2/18/2015Ronald G RothChairmanBuy3,500$13.25$46,375.00View SEC Filing  
2/17/2015John P HillCOOSell10,000$13.59$135,900.00View SEC Filing  
1/26/2015John P HillCOOSell10,000$12.02$120,200.00View SEC Filing  
12/17/2014John P HillCOOSell15,000$12.03$180,450.00View SEC Filing  
11/28/2014Ronald G RothChairmanBuy5,000$13.30$66,500.00View SEC Filing  
11/26/2014John P HillCOOSell19,749$13.02$257,131.98View SEC Filing  
11/24/2014Charles N HayssenDirectorBuy5,000$13.00$65,000.00View SEC Filing  
11/20/2014John P HillCOOSell15,251$13.39$204,210.89View SEC Filing  
8/27/2014Donald R HaywardDirectorSell9,500$13.89$131,955.00View SEC Filing  
7/31/2014Ronald G RothChairmanBuy10,000$12.88$128,800.00View SEC Filing  
5/30/2014Stephen L ZuckermanDirectorSell1,000$17.25$17,250.00View SEC Filing  
5/7/2014Ronald G RothChairmanBuy5,000$14.44$72,200.00View SEC Filing  
4/29/2014Charles N HayssenDirectorBuy10,000$15.25$152,500.00View SEC Filing  
4/29/2014Ronald G RothChairmanBuy15,000$14.89$223,350.00View SEC Filing  
2/27/2014Ronald G RothChairmanBuy5,000$23.36$116,800.00View SEC Filing  
2/14/2014Donald R HaywardDirectorSell2,000$24.50$49,000.00View SEC Filing  
2/10/2014Ronald G RothChairmanBuy5,000$21.82$109,100.00View SEC Filing  
2/7/2014Charles N HayssenDirectorBuy8,000$22.50$180,000.00View SEC Filing  
11/29/2013Ronald G RothChairmanBuy10,000$17.61$176,100.00View SEC Filing  
11/25/2013Stephen L ZuckermanDirectorSell1,000$17.55$17,550.00View SEC Filing  
11/12/2013Charles N HayssenDirectorBuy10,000$16.55$165,500.00View SEC Filing  
8/29/2013Charles N HayssenDirectorBuy4,990$11.97$59,730.30View SEC Filing  
8/22/2013Ronald G RothChairmanBuy10,000$11.33$113,300.00View SEC Filing  
7/31/2013Ronald G RothChairmanBuy10,000$10.93$109,300.00View SEC Filing  
7/30/2013Charles N HayssenDirectorBuy10,000$10.90$109,000.00View SEC Filing  
5/23/2013Charles N HayssenDirectorBuy5,686$7.75$44,066.50View SEC Filing  
5/2/2013Charles N HayssenDirectorBuy3,284$7.20$23,644.80View SEC Filing  
5/1/2013Ronald G RothChairmanBuy10,000$6.96$69,600.00View SEC Filing  
2/26/2013Charles N HayssenDirectorBuy10,742$5.50$59,081.00View SEC Filing  
2/12/2013Charles N HayssenDirectorBuy10,000$5.50$55,000.00View SEC Filing  
1/31/2013Charles N HayssenDirectorBuy10,000$5.05$50,500.00View SEC Filing  
11/19/2012Charles N HayssenDirectorBuy3,288$4.20$13,809.60View SEC Filing  
11/16/2012Charles N HayssenDirectorBuy11,000$4.18$45,980.00View SEC Filing  
11/15/2012Ronald G RothChairmanBuy20,000$4.27$85,400.00View SEC Filing  
11/14/2012Charles N HayssenDirectorBuy6,000$4.36$26,160.00View SEC Filing  
11/13/2012Charles N HayssenDirectorBuy6,000$4.36$26,160.00View SEC Filing  
8/31/2012Ronald G RothChairmanBuy10,000$5.12$51,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Clearfield (NASDAQ:CLFD)
Latest Headlines for Clearfield (NASDAQ:CLFD)
Source:
DateHeadline
americanbankingnews.com logoFinancial Review: Clearfield (CLFD) & Its Rivals
www.americanbankingnews.com - October 16 at 12:32 PM
americanbankingnews.com logoClearfield (CLFD) versus Its Rivals Financial Contrast
www.americanbankingnews.com - October 12 at 10:36 AM
americanbankingnews.com logoFinancial Comparison: Clearfield (CLFD) and Its Rivals
www.americanbankingnews.com - October 9 at 4:12 PM
americanbankingnews.com logoContrasting Clearfield (CLFD) and Communications Systems (JCS)
www.americanbankingnews.com - October 4 at 12:28 PM
finance.yahoo.com logoETFs with exposure to Clearfield, Inc. : October 4, 2017
finance.yahoo.com - October 4 at 12:11 PM
americanbankingnews.com logoComparing Clearfield (CLFD) & Belden (BDC)
www.americanbankingnews.com - September 19 at 4:44 PM
finance.yahoo.com logoClearfield Unveils the FieldSmart Flex Box; Sets New Benchmark for MDU Fiber Deployments
finance.yahoo.com - September 13 at 6:28 PM
americanbankingnews.com logoClearfield (CLFD) and XG Technology (XGTI) Head-To-Head Analysis
www.americanbankingnews.com - August 31 at 8:08 AM
seekingalpha.com logoClearfield: Investing In Future Of Data
seekingalpha.com - August 26 at 12:08 AM
seekingalpha.com logoClearfield (CLFD) Presents At CFA Society Of Minnesota 6th Annual Intellisight Conference - Slideshow
seekingalpha.com - August 24 at 10:29 PM
finance.yahoo.com logoClearfield to Present at the 6th Annual Liolios Gateway Conference on September 6, 2017
finance.yahoo.com - August 23 at 5:48 PM
finance.yahoo.com logoClearfield to Present at the 6th Annual CFA Intellisight Conference on Wednesday, August 23, 2017
finance.yahoo.com - August 17 at 6:33 PM
finance.yahoo.com logoETFs with exposure to Clearfield, Inc. : August 15, 2017
finance.yahoo.com - August 15 at 5:56 PM
americanbankingnews.com logoClearfield, Inc. (NASDAQ:CLFD) Director Roger G. Harding Purchases 1,000 Shares
www.americanbankingnews.com - August 11 at 1:40 PM
finance.yahoo.com logoClearfield Telcordia Certified for Major Service Provider Market Applications
finance.yahoo.com - August 10 at 6:29 PM
americanbankingnews.com logoClearfield, Inc. (CLFD) Chairman Ronald G. Roth Purchases 5,000 Shares
www.americanbankingnews.com - August 2 at 9:20 PM
finance.yahoo.com logoClearfield, Inc. :CLFD-US: Earnings Analysis: Q3, 2017 By the Numbers : August 1, 2017
finance.yahoo.com - August 1 at 5:55 PM
finance.yahoo.com logoETFs with exposure to Clearfield, Inc. : August 1, 2017
finance.yahoo.com - August 1 at 5:55 PM
americanbankingnews.com logoClearfield, Inc. (NASDAQ:CLFD) Given a $15.00 Price Target by Northland Securities Analysts
www.americanbankingnews.com - July 30 at 7:14 AM
finance.yahoo.com logoEdited Transcript of CLFD earnings conference call or presentation 27-Jul-17 12:00pm GMT
finance.yahoo.com - July 28 at 6:57 PM
finance.yahoo.com logoFeatured Company News – Clearfield Announces Expansion of its Manufacturing Capacity in Mexico; Set to Add Capacity to Support National Carrier Market Momentum
finance.yahoo.com - July 27 at 5:29 PM
finance.yahoo.com logoClearfield Reports Fiscal Third Quarter 2017 Results
finance.yahoo.com - July 27 at 5:29 PM
finance.yahoo.com logoClearfield posts 3Q profit
finance.yahoo.com - July 27 at 5:29 PM
americanbankingnews.com logoClearfield, Inc. (NASDAQ:CLFD) Announces Earnings Results, Misses Estimates By $0.06 EPS
www.americanbankingnews.com - July 27 at 4:37 PM
finance.yahoo.com logoClearfield Quadruples Manufacturing Capacity in Mexico
finance.yahoo.com - July 25 at 5:13 PM
finance.yahoo.com logoContractors’ Fiber Forum to Address Real-World Challenges for Fiber Service Delivery to Ensure Profitable, Competitive Business Opportunities
finance.yahoo.com - July 19 at 6:27 PM
finance.yahoo.com logoClearfield to Report Fiscal Q3 2017 Financial Results on Thursday, July 27, 2017 at 8:00 a.m. ET
finance.yahoo.com - July 19 at 6:27 PM
finance.yahoo.com logoETFs with exposure to Clearfield, Inc. : July 10, 2017
finance.yahoo.com - July 10 at 5:15 PM
zacks.com logoShould You Get Rid of Clearfield, Inc.(CLFD) Now?
www.zacks.com - May 9 at 8:15 AM
biz.yahoo.com logoCLEARFIELD, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Financial Statements and Ex
biz.yahoo.com - February 24 at 4:34 PM
biz.yahoo.com logoCLEARFIELD, INC. Files SEC form 8-K, Financial Statements and Exhibits
biz.yahoo.com - February 8 at 4:37 PM
biz.yahoo.com logoCLEARFIELD, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - February 8 at 4:37 PM
zacks.com logoHarris Corp (HRS) Beats on Q2 Earnings, Misses Revenues
www.zacks.com - February 2 at 4:39 PM
biz.yahoo.com logoQ1 2017 Clearfield Inc Earnings Release - Before Market Open
us.rd.yahoo.com - January 26 at 5:24 PM
us.rd.yahoo.com logoClearfield Reports Fiscal First Quarter 2017 Results; Revenues to Tier 1 Customers Expand
us.rd.yahoo.com - January 26 at 5:24 PM
biz.yahoo.com logoCLEARFIELD, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
us.rd.yahoo.com - January 26 at 5:24 PM
us.rd.yahoo.com logo8:05 am Clearfield misses by $0.02, misses on revs; reaffirms FY17 revs guidance
us.rd.yahoo.com - January 26 at 5:24 PM
globenewswire.com logoClearfield to Report Fiscal Q1 2017 Financial Results on Thursday, January ...
globenewswire.com - January 19 at 5:33 PM
bizjournals.com logoClearfield's CEO Cheryl Beranek sees compensation more than double
www.bizjournals.com - January 11 at 4:50 PM
biz.yahoo.com logoCLEARFIELD, INC. Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - November 23 at 9:06 PM
biz.yahoo.com logoCLEARFIELD, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - November 22 at 3:48 PM
benzinga.com logoClearfield to Report Fiscal Q4 and Full Year 2016...
www.benzinga.com - October 28 at 3:58 PM

Social

Chart

Clearfield (CLFD) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.