NASDAQ:CLFD

Clearfield Stock Forecast, Price & News

$35.86
+0.28 (+0.79 %)
(As of 06/23/2021 12:00 AM ET)
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Today's Range
$35.44
$36.19
50-Day Range
$28.74
$42.53
52-Week Range
$13.10
$43.64
Volume81,409 shs
Average Volume148,996 shs
Market Capitalization$492.47 million
P/E Ratio38.15
Dividend YieldN/A
Beta0.97
30 days | 90 days | 365 days | Advanced Chart
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Clearfield logo

About Clearfield

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. In addition, 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. Further, it 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. Additionally, 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 MSO/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.

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MarketRank

Overall MarketRank

1.43 out of 5 stars

Computer And Technology Sector

432nd out of 1,593 stocks

Telephone & Telegraph Apparatus Industry

9th out of 37 stocks

Analyst Opinion: 1.5Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -
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Clearfield (NASDAQ:CLFD) Frequently Asked Questions

Is Clearfield a buy right now?

2 Wall Street equities research 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 equities research analysts is that investors should "buy" Clearfield stock.
View analyst ratings for Clearfield
or view top-rated stocks.

What stocks does MarketBeat like better than Clearfield?

Wall Street analysts have given Clearfield a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Clearfield wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Clearfield's next earnings date?

Clearfield is scheduled to release its next quarterly earnings announcement on Thursday, July 22nd 2021.
View our earnings forecast for Clearfield
.

How were Clearfield's earnings last quarter?

Clearfield, Inc. (NASDAQ:CLFD) announced its earnings results on Wednesday, April, 21st. The communications equipment provider reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.17 by $0.10. The communications equipment provider earned $29.69 million during the quarter, compared to analyst estimates of $26 million. Clearfield had a trailing twelve-month return on equity of 15.19% and a net margin of 11.67%.
View Clearfield's earnings history
.

How has Clearfield's stock been impacted by Coronavirus?

Clearfield's stock was trading at $10.25 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CLFD stock has increased by 249.9% and is now trading at $35.86.
View which stocks have been most impacted by COVID-19
.

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

Clearfield issued an update on its FY 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $120 million-$125 million, compared to the consensus revenue estimate of $110.80 million.

What price target have analysts set for CLFD?

2 brokerages have issued 1-year price targets for Clearfield's shares. Their forecasts range from $36.00 to $40.00. On average, they expect Clearfield's share price to reach $38.00 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price.
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:
  • Ms. Cheryl P. Beranek, CEO, Pres & Director (Age 59, Pay $630.83k)
  • Mr. Daniel R. Herzog, Chief Financial Officer (Age 57, Pay $359.46k)
  • Mr. John P. Hill, Chief Operating Officer (Age 55, Pay $632.3k)
  • Mr. Kevin Morgan, Chief Marketing Officer
  • Mr. Allen Griser, Chief Commercial 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.

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 The 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 a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.91%), Renaissance Technologies LLC (3.58%), Dimensional Fund Advisors LP (3.42%), G2 Investment Partners Management LLC (2.77%), Penserra Capital Management LLC (1.61%) and Geode Capital Management LLC (1.39%). Company insiders that own Clearfield stock include Charles N Hayssen, Cheryl Beranek, Daniel R Herzog, Donald R Hayward, John P Hill, Patrick Goepel 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 Royal Bank of Canada, EAM Investors LLC, EAM Global Investors LLC, Morgan Stanley, JPMorgan Chase & Co., Renaissance Technologies LLC, Hussman Strategic Advisors Inc., and Nuveen Asset Management LLC. 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, and Patrick Goepel.
View insider buying and selling activity for Clearfield
or view top insider-selling stocks.

Which major investors are buying Clearfield stock?

CLFD stock was acquired by a variety of institutional investors in the last quarter, including Penserra Capital Management LLC, Millennium Management LLC, Goldman Sachs Group Inc., G2 Investment Partners Management LLC, Geode Capital Management LLC, Russell Investments Group Ltd., Navellier & Associates Inc, and Harel Insurance Investments & Financial Services Ltd..
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 $35.86.

How much money does Clearfield make?

Clearfield has a market capitalization of $492.47 million and generates $93.07 million in revenue each year. The communications equipment provider earns $7.29 million in net income (profit) each year or $0.53 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?

Clearfield is headquartered at 7050 WINNETKA AVENUE NORTH SUITE 100, BROOKLYN PARK MN, 55428.

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]


This page was last updated on 6/24/2021 by MarketBeat.com Staff
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