NASDAQ:CLFD - Clearfield Stock Price, Price Target & More

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$11.05 -0.35 (-3.07 %)
(As of 07/17/2018 03:18 PM ET)
Previous Close$11.45
Today's Range$11.05 - $11.45
52-Week Range$10.35 - $15.30
Volume1,485 shs
Average Volume29,233 shs
Market Capitalization$154.67 million
P/E Ratio40.18
Dividend YieldN/A
Beta1.03
Clearfield logoClearfield, 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 Clearview cassette, a building block of the company's product platform; Clearview Classic and Clearview Blue, a system with five parts that nest together in the cassette's housing to support a range of applications; Clearview xPAK to land small port count fiber terminations and optical components; Clearview Black, which is designed to handle harsh environments; and fiber deep for cable-to-cable deployment, as well as packages optical components for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform. Its products also include Fieldsmart Fiber Crossover Distribution System and FieldSmart FxHD for fiber management modularity and scalability; FieldSmart Fiber Delivery Point, a series of enclosure systems that incorporates the delivery of fiber connectivity to the neighborhood or business district; and FieldSmart Small Count Delivery, an enclosure systems that are packaged to make landing small count fiber cost-effective and efficient. In addition, the company offers FieldShield Pushable Fiber, FieldShield Multiport SmarTerminal, and FieldShield Hardened Connector; CraftSmart, a line of optical protection field enclosures to optimize fiber protection and storage; and fiber and copper assemblies with industry-standard or customer-specified configuration. It operates through various sales channels comprising direct to customer, distribution partners, and original equipment suppliers. 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 Brooklyn Park, Minnesota.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio8.79
Quick Ratio6.02

Price-To-Earnings

Trailing P/E Ratio40.18
Forward P/E Ratio44.20
P/E GrowthN/A

Sales & Book Value

Annual Sales$73.95 million
Price / Sales2.06
Cash Flow$0.3872 per share
Price / Cash28.54
Book Value$4.63 per share
Price / Book2.39

Profitability

EPS (Most Recent Fiscal Year)$0.28
Net Income$3.84 million
Net Margins3.77%
Return on Equity5.71%
Return on Assets5.36%

Miscellaneous

Employees230
Outstanding Shares13,810,000
Market Cap$154.67

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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 will Clearfield's stock buyback program work?

Clearfield announced that its board has authorized a stock buyback plan 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 shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

How were Clearfield's earnings last quarter?

Clearfield Inc (NASDAQ:CLFD) released its quarterly earnings results on Thursday, April, 26th. The communications equipment provider reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by $0.03. The communications equipment provider earned $16.83 million during the quarter, compared to analyst estimates of $17.70 million. Clearfield had a return on equity of 5.71% and a net margin of 3.77%. View Clearfield's Earnings History.

What price target have analysts set for CLFD?

2 analysts have issued 12 month price objectives for Clearfield's shares. Their forecasts range from $15.00 to $15.00. On average, they anticipate Clearfield's stock price to reach $15.00 in the next year. This suggests a possible upside of 35.1% from the stock's current price. View Analyst Ratings 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."

Who are some of Clearfield's key competitors?

Who are Clearfield's key executives?

Clearfield's management team includes the folowing people:
  • Ms. Cheri Beranek, CEO, Pres & Director (Age 56)
  • Mr. Daniel R. Herzog, Chief Financial Officer (Age 54)
  • Mr. John P. Hill, Chief Operating Officer (Age 52)
  • Mr. Kevin Morgan, Chief Marketing Officer
  • Ms. Rosa Burns, Chief Revenue Officer

Has Clearfield been receiving favorable news coverage?

Headlines about CLFD stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Clearfield earned a media sentiment score of 0.19 on Accern's scale. They also assigned press coverage about the communications equipment provider an impact score of 47.25 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

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, Scottrade, Fidelity and Charles Schwab.

What is Clearfield's stock price today?

One share of CLFD stock can currently be purchased for approximately $11.10.

How big of a company is Clearfield?

Clearfield has a market capitalization of $154.67 million and generates $73.95 million in revenue each year. The communications equipment provider earns $3.84 million in net income (profit) each year or $0.28 on an earnings per share basis. Clearfield employs 230 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 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:  140 (Vote Outperform)
Underperform Votes:  164 (Vote Underperform)
Total Votes:  304
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 7/17/2018 by MarketBeat.com Staff

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