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NASDAQ:CLFD - Clearfield Stock Price, Forecast & News

$14.10
+0.38 (+2.77 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$13.78
Now: $14.10
$14.15
50-Day Range
$11.90
MA: $12.66
$14.14
52-Week Range
$8.41
Now: $14.10
$16.75
Volume31,047 shs
Average Volume24,074 shs
Market Capitalization$192.35 million
P/E Ratio41.47
Dividend YieldN/A
Beta1.56
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 ODC outdoor active cabinet products. Read More…

Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:CLFD
CUSIPN/A
Phone763-476-6866

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$85.03 million
Cash Flow$0.51 per share
Book Value$5.49 per share

Profitability

Net Income$4.57 million

Miscellaneous

Employees225
Market Cap$192.35 million
Next Earnings Date1/30/2020 (Estimated)
OptionableOptionable

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Clearfield (NASDAQ:CLFD) Frequently Asked Questions

What is Clearfield's stock symbol?

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

How were Clearfield's earnings last quarter?

Clearfield Inc (NASDAQ:CLFD) announced its quarterly earnings data on Thursday, November, 7th. The communications equipment provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.03. The communications equipment provider earned $23.97 million during the quarter, compared to the consensus estimate of $23.65 million. Clearfield had a return on equity of 6.30% and a net margin of 5.37%. View Clearfield's Earnings History.

When is Clearfield's next earnings date?

Clearfield is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Clearfield.

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

Clearfield issued an update on its FY 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$92-95 million, compared to the consensus revenue estimate of $$94.38 million.

What price target have analysts set for CLFD?

2 brokerages have issued twelve-month price objectives for Clearfield's stock. Their forecasts range from $17.00 to $19.00. On average, they expect Clearfield's stock price to reach $18.00 in the next year. This suggests a possible upside of 27.7% from the stock's current price. View Analyst Price Targets for Clearfield.

What is the consensus analysts' recommendation for Clearfield?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearfield in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Clearfield.

What are Wall Street analysts saying about Clearfield stock?

Here are some recent quotes from research analysts about Clearfield stock:
  • 1. Northland Securities analysts commented, "We see increased visibility on 5G opportunities as a catalyst for the shares in 2HCY19." (7/26/2019)
  • 2. According to Zacks Investment Research, "CLEARFIELD INC., formerly APA Cables & Networks, designs and manufactures the FieldSmart fiber management platform, which includes its latest generation Fiber Distribution System and Fiber Scalability Center. The FDS and FSC product-lines support a wide range of panel configurations, densities, connectors and adapter options and is offered alongside an assortment of passive optical components. Clearfield also provides a complete line of fiber and copper assemblies for controlled and outside plant environments. " (6/26/2019)

Has Clearfield been receiving favorable news coverage?

Media stories about CLFD stock have been trending very positive on Saturday, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Clearfield earned a news impact score of 4.0 on InfoTrie's scale. They also gave news stories about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Clearfield.

Are investors shorting Clearfield?

Clearfield saw a decrease in short interest in November. As of November 15th, there was short interest totalling 63,600 shares, a decrease of 9.3% from the October 31st total of 70,100 shares. Based on an average daily volume of 21,200 shares, the short-interest ratio is presently 3.0 days. Approximately 0.6% of the shares of the stock are short sold. View Clearfield's Current Options Chain.

Who are some of Clearfield's key competitors?

What other stocks do shareholders of Clearfield own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clearfield investors own include Wendys (WEN), Clearside Biomedical (CLSD), Allena Pharmaceuticals (ALNA), Corbus Pharmaceuticals (CRBP), Cypress Semiconductor (CY), First Solar (FSLR), Gogo (GOGO), Green Brick Partners (GRBK), Immersion (IMMR) and JetBlue Airways (JBLU).

Who are Clearfield's key executives?

Clearfield's management team includes the folowing people:
  • Ms. Cheryl P. Beranek, CEO, Pres & Director (Age 57)
  • Mr. Daniel R. Herzog, Chief Financial Officer (Age 55)
  • Mr. John P. Hill, Chief Operating Officer (Age 53)
  • Mr. Kevin Morgan, Chief Marketing Officer
  • Ms. Rosa Burns, Chief Revenue Officer

Who are Clearfield's major shareholders?

Clearfield's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (1.25%), Cadence Capital Management LLC (0.56%), California Public Employees Retirement System (0.46%) and Barclays PLC (0.04%). Company insiders that own Clearfield stock include Roger G Harding and Ronald G Roth. View Institutional Ownership Trends for Clearfield.

Which major investors are selling Clearfield stock?

CLFD stock was sold by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, Barclays PLC and State Street Corp. View Insider Buying and Selling for Clearfield.

Which major investors are buying Clearfield stock?

CLFD stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System. Company insiders that have bought Clearfield stock in the last two years include Roger G Harding and Ronald G Roth. View Insider Buying and Selling for Clearfield.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Clearfield's stock price today?

One share of CLFD stock can currently be purchased for approximately $14.10.

How big of a company is Clearfield?

Clearfield has a market capitalization of $192.35 million and generates $85.03 million in revenue each year. The communications equipment provider earns $4.57 million in net income (profit) each year or $0.34 on an earnings per share basis. Clearfield employs 225 workers across the globe.View Additional Information About Clearfield.

What is Clearfield's official website?

The official website for Clearfield is http://www.seeclearfield.com/.

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 or via email at [email protected]


MarketBeat Community Rating for Clearfield (NASDAQ CLFD)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  230 (Vote Outperform)
Underperform Votes:  269 (Vote Underperform)
Total Votes:  499
MarketBeat's community ratings are surveys of what our community members think about Clearfield and other stocks. Vote "Outperform" if you believe CLFD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLFD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/7/2019 by MarketBeat.com Staff

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