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S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
Are Gene Therapy Stocks The Market's Next Big Winners?
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
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Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
AI Boosts Duolingo As Company Posts First Profit
Alcoa, Krispy Kreme fall; Williams-Sonoma, Ford rise, Monday, 9/25/2023
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
Are Gene Therapy Stocks The Market's Next Big Winners?
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
This May Have Ended Alibaba's Winter, But Is It Time To Buy?
2 Stocks to Benefit from the Aging Population
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
AI Boosts Duolingo As Company Posts First Profit
Alcoa, Krispy Kreme fall; Williams-Sonoma, Ford rise, Monday, 9/25/2023
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
Are Gene Therapy Stocks The Market's Next Big Winners?
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
This May Have Ended Alibaba's Winter, But Is It Time To Buy?
2 Stocks to Benefit from the Aging Population
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
AI Boosts Duolingo As Company Posts First Profit
Alcoa, Krispy Kreme fall; Williams-Sonoma, Ford rise, Monday, 9/25/2023
NASDAQ:CLFD

Clearfield (CLFD) Stock Forecast, Price & News

$30.24
-0.73 (-2.36%)
(As of 09/25/2023 ET)
Compare
Today's Range
$30.03
$31.23
50-Day Range
$29.91
$49.13
52-Week Range
$29.58
$134.90
Volume
146,072 shs
Average Volume
338,559 shs
Market Capitalization
$461.46 million
P/E Ratio
9.39
Dividend Yield
N/A
Price Target
$80.43

Clearfield MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
166.0% Upside
$80.43 Price Target
Short Interest
Bearish
14.90% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.38mentions of Clearfield in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$19,932 Bought Last Quarter
Proj. Earnings Growth
-53.85%
From $2.08 to $0.96 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Computer And Technology Sector

290th out of 578 stocks

Telephone & Telegraph Apparatus Industry

5th out of 11 stocks


CLFD stock logo

About Clearfield (NASDAQ:CLFD) Stock

Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and outdoor cabinet and fiber active cabinet products. The company offers StreetSmart, a portfolio of fiber management products; FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment; and YOURx platform that consists of hardened terminals, test access points, and various drop cable options for portions of the access network across various fiber drop cable media. It also provides CraftSmart, a line of optical protection field enclosures, including CraftSmart Fiber Protection Pedestals and CraftSmart Fiber Protection Vaults integrated solutions optimized to house FieldSmart products at the last mile access point of the network in above-grade or below-grade installations. The company offers fiber and copper assemblies with an industry-standard or customer-specified configuration; and designs and manufactures custom solutions for in-the-box and network connectivity assemblies specific to that customer's product line. It provides its fiber to anywhere platform for various incumbent local exchange carriers, competitive local exchange carriers, wireless operators, and multiple systems operators and cable TV companies, as well as the utility/municipality, enterprise, and data center markets. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was founded in 1979 and is headquartered in Minneapolis, Minnesota.

CLFD Price History

CLFD Stock News Headlines

Clearfield (NASDAQ:CLFD) Rating Increased to Hold at StockNews.com
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
StockNews.com Downgrades Clearfield (NASDAQ:CLFD) to Sell
Positive Signs As Multiple Insiders Buy Clearfield Stock
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
Here’s Why Clearfield (CLFD) Declined in Q2
Clearfield Expands Product Line
Analyst Expectations for Clearfield's Future
Clearfield GAAP EPS of $0.33, revenue of $61.3M
Clearfield: Fiscal Q3 Earnings Snapshot
Clearfield Reports Fiscal Third Quarter 2023 Results
See More Headlines
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CLFD Company Calendar

Last Earnings
8/03/2023
Today
9/26/2023
Fiscal Year End
9/30/2023
Next Earnings (Estimated)
11/16/2023

Industry, Sector and Symbol

Industry
Telephone & telegraph apparatus
Sub-Industry
N/A
Current Symbol
NASDAQ:CLFD
Employees
407
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$80.43
High Stock Price Forecast
$141.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
+166.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$49.36 million
Pretax Margin
19.21%

Debt

Sales & Book Value

Annual Sales
$270.88 million
Cash Flow
$3.74 per share
Book Value
$10.71 per share

Miscellaneous

Free Float
12,927,000
Market Cap
$461.46 million
Optionable
Optionable
Beta
1.36
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Key Executives

  • Ms. Cheryl P. BeranekMs. Cheryl P. Beranek (Age 61)
    CEO, Pres & Director
    Comp: $1.35M
  • Mr. Daniel R. Herzog (Age 59)
    Chief Financial Officer
    Comp: $578.22k
  • Mr. John P. HillMr. John P. Hill (Age 57)
    Chief Operating Officer
    Comp: $1.35M
  • Mr. Skip Hansen
    Chief Information Officer
  • Frank J. Brixius Jr.
    Gen. Counsel & Sec.
  • Mr. Kevin Morgan
    Chief Marketing Officer
  • Mr. Bob Cody
    VP of HR & Office of Resource Management
  • Mr. Allen Griser
    Chief Commercial Officer













CLFD Stock - Frequently Asked Questions

Should I buy or sell Clearfield stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearfield in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CLFD shares.
View CLFD analyst ratings
or view top-rated stocks.

What is Clearfield's stock price forecast for 2023?

7 Wall Street analysts have issued 1 year price objectives for Clearfield's shares. Their CLFD share price forecasts range from $38.00 to $141.00. On average, they predict the company's stock price to reach $80.43 in the next twelve months. This suggests a possible upside of 166.0% 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 2023?

Clearfield's stock was trading at $94.14 at the start of the year. Since then, CLFD shares have decreased by 67.9% and is now trading at $30.24.
View the best growth stocks for 2023 here
.

When is Clearfield's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our CLFD earnings forecast
.

How were Clearfield's earnings last quarter?

Clearfield, Inc. (NASDAQ:CLFD) issued its quarterly earnings data on Thursday, August, 3rd. The communications equipment provider reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.24. The communications equipment provider had revenue of $61.30 million for the quarter, compared to analyst estimates of $53.82 million. Clearfield had a net margin of 14.91% and a trailing twelve-month return on equity of 17.69%. The business's revenue was down 15.2% compared to the same quarter last year. During the same period last year, the firm earned $0.92 earnings per share.

What ETFs hold Clearfield's stock?

ETFs with the largest weight of Clearfield (NASDAQ:CLFD) stock in their portfolio include SPDR S&P Telecom ETF (XTL), iShares North American Tech-Multimedia Networking ETF (IGN) and Hypatia Women CEO ETF (WCEO).Syntax Stratified SmallCap ETF (SSLY).

What guidance has Clearfield issued on next quarter's earnings?

Clearfield updated its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $2.05-$2.15 for the period, compared to the consensus estimate of $1.85. The company issued revenue guidance of $260.00 million-$275.00 million, compared to the consensus revenue estimate of $266.00 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).

What is Clearfield's stock symbol?

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

Who are Clearfield's major shareholders?

Clearfield's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.33%), Franklin Resources Inc. (9.96%), State Street Corp (2.96%), Marshall Wace LLP (2.74%), Neumeier Poma Investment Counsel LLC (2.60%) and Boston Partners (2.56%). Insiders that own company stock include Carol Ann Wirsbinski, Charles N Hayssen, Cheryl Beranek, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Clearfield's stock price today?

One share of CLFD stock can currently be purchased for approximately $30.24.

How much money does Clearfield make?

Clearfield (NASDAQ:CLFD) has a market capitalization of $461.46 million and generates $270.88 million in revenue each year. The communications equipment provider earns $49.36 million in net income (profit) each year or $3.22 on an earnings per share basis.

How many employees does Clearfield have?

The company employs 407 workers across the globe.

How can I contact Clearfield?

Clearfield's mailing address is 7050 WINNETKA AVENUE NORTH SUITE 100, BROOKLYN PARK MN, 55428. The official website for the company is www.seeclearfield.com. The communications equipment provider can be reached via phone at (763) 476-6866, via email at clfd@liolios.com, or via fax at 763-475-8457.

This page (NASDAQ:CLFD) was last updated on 9/26/2023 by MarketBeat.com Staff

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