S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:CLFD

Clearfield Stock Forecast, Price & News

$64.73
-1.80 (-2.71%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$63.55
$66.01
50-Day Range
$43.03
$70.25
52-Week Range
$22.91
$72.00
Volume
76,462 shs
Average Volume
127,537 shs
Market Capitalization
$888.87 million
P/E Ratio
44.03
Dividend Yield
N/A
Beta
1.01
30 days | 90 days | 365 days | Advanced Chart
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Clearfield logo

About Clearfield

Clearfield, Inc. designs, manufactures, and distributes fiber optic management, protection and delivery products for communications networks. The firm's products include fiber cabinets, patch cards, assemblies, cassettes, frames, panels, microduct, terminals, vaults, wall boxes, and box enclosures. It offers its products under the Clearview brand. The company was founded in 1979 and is headquartered in Brooklyn Park, MN.

Headlines

Short Interest in Clearfield, Inc. (NASDAQ:CLFD) Expands By 21.3%
November 21, 2021 |  americanbankingnews.com
Clearfield (NASDAQ:CLFD) Sets New 52-Week High at $71.90
November 15, 2021 |  americanbankingnews.com
Clearfield (NASDAQ:CLFD) Reaches New 52-Week High at $67.58
November 8, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Telephone & telegraph apparatus
Sub-Industry
N/A
Current Symbol
NASDAQ:CLFD
Employees
230
Year Founded
N/A

Sales & Book Value

Annual Sales
$140.76 million
Cash Flow
$1.60 per share
Book Value
$7.56 per share

Profitability

Net Income
$20.33 million
Pretax Margin
18.28%

Debt

Price-To-Earnings

Miscellaneous

Free Float
11,205,000
Market Cap
$888.87 million
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Today
11/27/2021
Next Earnings (Estimated)
1/27/2022
Fiscal Year End
9/30/2022

MarketRank

Overall MarketRank

1.61 out of 5 stars

Computer And Technology Sector

646th out of 891 stocks

Telephone & Telegraph Apparatus Industry

13th out of 19 stocks

Analyst Opinion: 1.5Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












Clearfield (NASDAQ:CLFD) Frequently Asked Questions

Is Clearfield a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearfield in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Clearfield stock.
View analyst ratings for Clearfield
or view top-rated stocks.

How has Clearfield's stock been impacted by COVID-19 (Coronavirus)?

Clearfield's stock was trading at $10.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CLFD shares have increased by 531.5% and is now trading at $64.73.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Clearfield?

Clearfield saw a increase in short interest in October. As of October 29th, there was short interest totaling 374,100 shares, an increase of 21.3% from the October 14th total of 308,300 shares. Based on an average daily trading volume, of 94,800 shares, the days-to-cover ratio is presently 3.9 days. Approximately 3.3% of the company's shares are short sold.
View Clearfield's Short Interest
.

When is Clearfield's next earnings date?

Clearfield is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for Clearfield
.

How were Clearfield's earnings last quarter?

Clearfield, Inc. (NASDAQ:CLFD) posted its earnings results on Thursday, November, 4th. The communications equipment provider reported $0.53 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.12. The communications equipment provider earned $45.24 million during the quarter, compared to the consensus estimate of $39.50 million. Clearfield had a trailing twelve-month return on equity of 21.61% and a net margin of 14.44%. During the same period in the previous year, the firm posted $0.22 earnings per share.
View Clearfield's earnings history
.

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

Clearfield issued an update on its FY 2022 earnings guidance on Thursday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $162 million-$169 million, compared to the consensus revenue estimate of $158.50 million.

What price target have analysts set for CLFD?

2 equities research analysts have issued twelve-month price objectives for Clearfield's shares. Their forecasts range from $48.00 to $50.00. On average, they expect Clearfield's stock price to reach $49.00 in the next year. This suggests that the stock has a possible downside of 24.3%.
View analysts' price targets for Clearfield
or view top-rated stocks among Wall Street analysts.

Who are Clearfield's key executives?

Clearfield's management team includes the following people:
  • Cheri Beranek, President, Chief Executive Officer & Director (LinkedIn Profile)
  • Johnny P. Hill, Chief Operating Officer
  • Daniel R. Herzog, Chief Financial Officer
  • Allen Griser, Chief Commercial Officer
  • Rosa Burns, Chief Revenue Officer

What is Cheri P. Beranek's approval rating as Clearfield's CEO?

3 employees have rated Clearfield CEO Cheri P. Beranek on Glassdoor.com. Cheri P. Beranek has an approval rating of 71% among Clearfield's employees.

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 investors include BlackRock Inc. (5.36%), Dimensional Fund Advisors LP (3.15%), Renaissance Technologies LLC (2.77%), Geode Capital Management LLC (1.45%), Penserra Capital Management LLC (1.15%) and Royal Bank of Canada (0.64%). Company insiders that own Clearfield stock include Charles N Hayssen, Cheryl Beranek, Daniel R Herzog, Donald R Hayward, John P Hill, Patrick Goepel, Roger G Harding and Ronald G Roth.
View institutional ownership trends for Clearfield
.

Which institutional investors are selling Clearfield stock?

CLFD stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, SG Capital Management LLC, BlackRock Inc., Russell Investments Group Ltd., Wolverine Trading LLC, Strs Ohio, EAM Investors LLC, and California State Teachers Retirement System. Company insiders that have sold Clearfield company stock in the last year include Charles N Hayssen, Cheryl Beranek, Daniel R Herzog, Donald R Hayward, John P Hill, Patrick Goepel, and Roger G Harding.
View insider buying and selling activity for Clearfield
or view top insider-selling stocks.

Which institutional investors are buying Clearfield stock?

CLFD stock was purchased by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Aviva PLC, Los Angeles Capital Management LLC, Jump Financial LLC, Beirne Wealth Consulting Services LLC, SG Americas Securities LLC, Voya Investment Management LLC, and Millennium Management LLC.
View insider buying and selling activity for Clearfield
or or view top insider-buying stocks.

How do I buy shares of Clearfield?

Shares of CLFD 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 $64.73.

How much money does Clearfield make?

Clearfield has a market capitalization of $888.87 million and generates $140.76 million in revenue each year. The communications equipment provider earns $20.33 million in net income (profit) each year or $1.47 on an earnings per share basis.

How many employees does Clearfield have?

Clearfield employs 230 workers across the globe.

What is Clearfield's official website?

The official website for Clearfield is www.seeclearfield.com.

Where are Clearfield's headquarters?

How can I contact Clearfield?

Clearfield's mailing address is 7050 WINNETKA AVENUE NORTH SUITE 100, BROOKLYN PARK MN, 55428. The communications equipment provider can be reached via phone at (763) 476-6866, via email at [email protected], or via fax at 763-475-8457.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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