Clearfield Company Profile (NASDAQ:CLFD)

About Clearfield (NASDAQ:CLFD)

Clearfield logoClearfield, Inc. manufactures, markets and sells fiber management and enclosure platform that consolidates, distributes and protects fiber as it moves from the inside plant to the outside plant and all the way to the home, business and cell site. The Company's products include Clearview Cassette, which is the building block of its product platform; Connectivity and Optical Components; FieldSmart, which is a series of panels, cabinets, wall boxes and other enclosures that house the Clearview components; FieldShield, which is a fiber delivery method for broadband deployment; CraftSmart, which is a line of optical protection field enclosures, and Cable Assemblies. Its products are sold across broadband service providers, including traditional telephone companies, competitive local exchange carriers, multiple service operators (cable television), wireless service providers, and municipal-owned utilities that utilize fiber in their service offerings to businesses and consumers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communications & Networking - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CLFD
  • CUSIP: N/A
  • Web: www.clearfieldconnection.com
Capitalization:
  • Market Cap: $194.5 million
  • Outstanding Shares: 14,094,000
Average Prices:
  • 50 Day Moving Avg: $13.29
  • 200 Day Moving Avg: $15.51
  • 52 Week Range: $11.65 - $21.60
P/E:
  • Trailing P/E Ratio: 27.66
  • Foreward P/E Ratio: 23.39
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $78.57 million
  • Price / Sales: 2.48
  • Book Value: $4.64 per share
  • Price / Book: 2.97
Profitability:
  • EBIDTA: $10.62 million
  • Net Margins: 8.58%
  • Return on Equity: 10.68%
  • Return on Assets: 9.75%
Debt:
  • Current Ratio: 9.39%
  • Quick Ratio: 7.42%
Misc:
  • Average Volume: 54,968 shs.
  • Beta: 1.29
  • Short Ratio: 14.45
 
Frequently Asked Questions for Clearfield (NASDAQ:CLFD)

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 declared that its Board of Directors has approved a share buyback program on Sunday, June 4th 2017, which authorizes the company to repurchase $4,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 1.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are undervalued.

How were Clearfield's earnings last quarter?

Clearfield, Inc. (NASDAQ:CLFD) posted its quarterly earnings data on Friday, April, 28th. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by $0.03. The firm earned $17.70 million during the quarter, compared to analysts' expectations of $20.85 million. Clearfield had a net margin of 8.58% and a return on equity of 10.68%. Clearfield's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.11 earnings per share. View Clearfield's Earnings History.

Who are some of Clearfield's key competitors?

Who are Clearfield's key executives?

Clearfield's management team includes the folowing people:

  • Cheryl Podzimek Beranek, President, Chief Executive Officer, Director
  • Daniel R. Herzog, Chief Financial Officer
  • John P. Hill, Chief Operating Officer
  • Kevin Morgan, Chief Marketing Officer
  • Ronald G. Roth, Non-Executive Independent Chairman of the Board
  • Patrick Goepel, Independent Director
  • Roger G. Harding, Independent Director
  • Charles N. Hayssen, Independent Director
  • Donald R. Hayward, Independent Director

Who owns Clearfield stock?

Clearfield's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Thomson Horstmann & Bryant Inc. (3.62%). Company insiders that own Clearfield stock include Charles N Hayssen, Cheryl Beranek, Daniel R Herzog, John P Hill, Patrick Goepel, Roger G Harding, Ronald G Roth and Stephen L Zuckerman. View Institutional Ownership Trends for Clearfield.

Who sold Clearfield stock? Who is selling Clearfield stock?

Clearfield's stock was sold by a variety of institutional investors in the last quarter, including Thomson Horstmann & Bryant Inc.. Company insiders that have sold Clearfield stock in the last year include Cheryl Beranek, Daniel R Herzog and John P Hill. View Insider Buying and Selling for Clearfield.

How do I buy Clearfield stock?

Shares of Clearfield can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Clearfield's stock price today?

One share of Clearfield stock can currently be purchased for approximately $13.80.


MarketBeat Community Rating for Clearfield (NASDAQ CLFD)
Community Ranking:  2.1 out of 5 ( )
Outperform Votes:  57 (Vote Outperform)
Underperform Votes:  78 (Vote Underperform)
Total Votes:  135
MarketBeat's community ratings are surveys of what our community members think about Clearfield and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Clearfield (NASDAQ:CLFD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Clearfield (NASDAQ:CLFD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/23/2015Lake Street CapitalInitiated CoverageBuy$15.00N/AView Rating Details
9/30/2015Northland SecuritiesInitiated CoverageOutperform$17.50N/AView Rating Details
(Data available from 7/26/2015 forward)

Earnings

Earnings History for Clearfield (NASDAQ:CLFD)
Earnings by Quarter for Clearfield (NASDAQ:CLFD)
Earnings History by Quarter for Clearfield (NASDAQ CLFD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/28/2017Q2 2017$0.10$0.07$20.85 million$17.70 millionViewN/AView Earnings Details
1/26/2017Q117$0.08$0.06$19.60 million$18.30 millionViewN/AView Earnings Details
11/10/2016Q4 2016$0.12$0.20$19.90 million$21.10 millionViewN/AView Earnings Details
7/28/2016Q316$0.11$0.16$17.85 million$21.60 millionViewN/AView Earnings Details
4/28/2016Q216$0.03$0.11$13.67 million$16.90 millionViewN/AView Earnings Details
1/28/2016Q1$0.08$0.10$14.76 million$15.70 millionViewN/AView Earnings Details
11/12/2015Q415$0.11$0.10$18.50 million$15.80 millionViewN/AView Earnings Details
7/23/2015Q215$0.09$0.14$15.22 million$18.20 millionViewN/AView Earnings Details
4/23/2015Q2$0.07$0.02$13.29 million$12.37 millionViewN/AView Earnings Details
1/29/2015Q115$0.07$0.08$14.18 million$14.00 millionViewN/AView Earnings Details
11/13/2014Q414$0.14$0.08$14.82 million$14.30 millionViewN/AView Earnings Details
7/24/2014Q3$0.12$0.08$15.94 million$14.36 millionViewN/AView Earnings Details
4/24/2014Q2 2014$0.12$0.09$15.89 million$13.20 millionViewN/AView Earnings Details
1/23/2014Q114$0.14$0.15$10.27 million$16.15 millionViewN/AView Earnings Details
1/24/2013Q1 2013$0.04$9.16 million$10.23 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Clearfield (NASDAQ:CLFD)
2017 EPS Consensus Estimate: $0.48
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.07$0.07$0.07
Q2 20171$0.11$0.11$0.11
Q3 20171$0.16$0.16$0.16
Q4 20171$0.14$0.14$0.14
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Clearfield (NASDAQ:CLFD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Clearfield (NASDAQ:CLFD)
Insider Ownership Percentage: 18.30%
Institutional Ownership Percentage: 27.16%
Insider Trades by Quarter for Clearfield (NASDAQ:CLFD)
Institutional Ownership by Quarter for Clearfield (NASDAQ:CLFD)
Insider Trades by Quarter for Clearfield (NASDAQ:CLFD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/12/2017Ronald G RothChairmanBuy5,000$14.14$70,700.00View SEC Filing  
5/9/2017Roger G HardingDirectorBuy1,200$14.20$17,040.00View SEC Filing  
2/10/2017Roger G HardingDirectorBuy1,000$15.75$15,750.00View SEC Filing  
2/7/2017Roger G HardingDirectorBuy1,000$15.95$15,950.00View SEC Filing  
1/31/2017Ronald G RothChairmanBuy5,000$17.50$87,500.00View SEC Filing  
11/22/2016Daniel R HerzogCFOSell25,000$19.30$482,500.00View SEC Filing  
8/18/2016John P HillCOOSell5,000$17.86$89,300.00View SEC Filing  
8/16/2016Ronald G RothChairmanBuy5,000$17.97$89,850.00View SEC Filing  
8/15/2016John P HillCOOSell5,000$19.16$95,800.00View SEC Filing  
8/4/2016Cheryl BeranekCEOSell10,000$19.21$192,100.00View SEC Filing  
5/13/2016Ronald G RothChairmanBuy5,000$17.60$88,000.00View SEC Filing  
5/3/2016Patrick GoepelDirectorBuy1,250$18.60$23,250.00View SEC Filing  
2/29/2016Daniel R HerzogCFOSell4,000$14.69$58,760.00View SEC Filing  
2/9/2016Stephen L ZuckermanDirectorSell2,000$13.58$27,160.00View SEC Filing  
2/5/2016Ronald G RothChairmanBuy5,000$13.56$67,800.00View SEC Filing  
2/3/2016Patrick GoepelDirectorBuy1,000$14.07$14,070.00View SEC Filing  
11/30/2015Ronald G. RothChairmanBuy10,000$13.60$136,000.00View SEC Filing  
11/17/2015Charles N HayssenDirectorBuy3,000$12.01$36,030.00View SEC Filing  
8/20/2015Ronald G RothChairmanBuy5,000$17.23$86,150.00View SEC Filing  
5/15/2015John P HillCOOSell10,000$13.08$130,800.00View SEC Filing  
4/30/2015Ronald G RothChairmanBuy20,000$13.90$278,000.00View SEC Filing  
4/28/2015Donald R HaywardDirectorSell4,000$14.55$58,200.00View SEC Filing  
4/15/2015John P HillCOOSell10,000$15.78$157,800.00View SEC Filing  
3/16/2015John P HillCOOSell10,000$15.02$150,200.00View SEC Filing  
2/18/2015Ronald G RothChairmanBuy3,500$13.25$46,375.00View SEC Filing  
2/17/2015John P HillCOOSell10,000$13.59$135,900.00View SEC Filing  
1/26/2015John P HillCOOSell10,000$12.02$120,200.00View SEC Filing  
12/17/2014John P HillCOOSell15,000$12.03$180,450.00View SEC Filing  
11/28/2014Ronald G RothChairmanBuy5,000$13.30$66,500.00View SEC Filing  
11/26/2014John P HillCOOSell19,749$13.02$257,131.98View SEC Filing  
11/24/2014Charles N HayssenDirectorBuy5,000$13.00$65,000.00View SEC Filing  
11/20/2014John P HillCOOSell15,251$13.39$204,210.89View SEC Filing  
8/27/2014Donald R HaywardDirectorSell9,500$13.89$131,955.00View SEC Filing  
7/31/2014Ronald G RothChairmanBuy10,000$12.88$128,800.00View SEC Filing  
5/30/2014Stephen L ZuckermanDirectorSell1,000$17.25$17,250.00View SEC Filing  
5/7/2014Ronald G RothChairmanBuy5,000$14.44$72,200.00View SEC Filing  
4/29/2014Charles N HayssenDirectorBuy10,000$15.25$152,500.00View SEC Filing  
4/29/2014Ronald G RothChairmanBuy15,000$14.89$223,350.00View SEC Filing  
2/27/2014Ronald G RothChairmanBuy5,000$23.36$116,800.00View SEC Filing  
2/14/2014Donald R HaywardDirectorSell2,000$24.50$49,000.00View SEC Filing  
2/10/2014Ronald G RothChairmanBuy5,000$21.82$109,100.00View SEC Filing  
2/7/2014Charles N HayssenDirectorBuy8,000$22.50$180,000.00View SEC Filing  
11/29/2013Ronald G RothChairmanBuy10,000$17.61$176,100.00View SEC Filing  
11/25/2013Stephen L ZuckermanDirectorSell1,000$17.55$17,550.00View SEC Filing  
11/12/2013Charles N HayssenDirectorBuy10,000$16.55$165,500.00View SEC Filing  
8/29/2013Charles N HayssenDirectorBuy4,990$11.97$59,730.30View SEC Filing  
8/22/2013Ronald G RothChairmanBuy10,000$11.33$113,300.00View SEC Filing  
7/31/2013Ronald G RothChairmanBuy10,000$10.93$109,300.00View SEC Filing  
7/30/2013Charles N HayssenDirectorBuy10,000$10.90$109,000.00View SEC Filing  
5/23/2013Charles N HayssenDirectorBuy5,686$7.75$44,066.50View SEC Filing  
5/2/2013Charles N HayssenDirectorBuy3,284$7.20$23,644.80View SEC Filing  
5/1/2013Ronald G RothChairmanBuy10,000$6.96$69,600.00View SEC Filing  
2/26/2013Charles N HayssenDirectorBuy10,742$5.50$59,081.00View SEC Filing  
2/12/2013Charles N HayssenDirectorBuy10,000$5.50$55,000.00View SEC Filing  
1/31/2013Charles N HayssenDirectorBuy10,000$5.05$50,500.00View SEC Filing  
11/19/2012Charles N HayssenDirectorBuy3,288$4.20$13,809.60View SEC Filing  
11/16/2012Charles N HayssenDirectorBuy11,000$4.18$45,980.00View SEC Filing  
11/15/2012Ronald G RothChairmanBuy20,000$4.27$85,400.00View SEC Filing  
11/14/2012Charles N HayssenDirectorBuy6,000$4.36$26,160.00View SEC Filing  
11/13/2012Charles N HayssenDirectorBuy6,000$4.36$26,160.00View SEC Filing  
8/31/2012Ronald G RothChairmanBuy10,000$5.12$51,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Clearfield (NASDAQ:CLFD)
Latest Headlines for Clearfield (NASDAQ:CLFD)
Source:
DateHeadline
finance.yahoo.com logoClearfield Quadruples Manufacturing Capacity in Mexico
finance.yahoo.com - July 25 at 5:13 PM
finance.yahoo.com logoContractors’ Fiber Forum to Address Real-World Challenges for Fiber Service Delivery to Ensure Profitable, Competitive Business Opportunities
finance.yahoo.com - July 19 at 6:27 PM
finance.yahoo.com logoClearfield to Report Fiscal Q3 2017 Financial Results on Thursday, July 27, 2017 at 8:00 a.m. ET
finance.yahoo.com - July 19 at 6:27 PM
finance.yahoo.com logoETFs with exposure to Clearfield, Inc. : July 10, 2017
finance.yahoo.com - July 10 at 5:15 PM
americanbankingnews.com logoZacks Investment Research Upgrades Clearfield, Inc. (CLFD) to "Hold"
www.americanbankingnews.com - June 27 at 8:58 PM
americanbankingnews.com logoClearfield (CLFD) and KVH Industries (KVHI) Critical Contrast
www.americanbankingnews.com - June 20 at 10:30 AM
finance.yahoo.com logoETFs with exposure to Clearfield, Inc. : June 5, 2017
finance.yahoo.com - June 5 at 4:16 PM
americanbankingnews.com logoShare Buyback Plan Announced by Clearfield (CLFD) Board
www.americanbankingnews.com - June 4 at 11:08 AM
finance.yahoo.com logoETFs with exposure to Clearfield, Inc. : May 25, 2017
finance.yahoo.com - May 25 at 5:51 PM
finance.yahoo.com logoClearfield to Present at Cowen & Company’s 45th Annual Technology, Media & Telecom Conference on June 1, 2017
finance.yahoo.com - May 23 at 12:48 PM
finance.yahoo.com logoClearfield, Inc. :CLFD-US: Earnings Analysis: Q2, 2017 By the Numbers : May 23, 2017
finance.yahoo.com - May 23 at 12:48 PM
americanbankingnews.com logoClearfield Inc (CLFD) Chairman Buys $70,700.00 in Stock
www.americanbankingnews.com - May 15 at 4:23 PM
americanbankingnews.com logoRoger G. Harding Acquires 1,200 Shares of Clearfield Inc (CLFD) Stock
www.americanbankingnews.com - May 11 at 4:28 PM
zacks.com logoShould You Get Rid of Clearfield, Inc.(CLFD) Now?
www.zacks.com - May 9 at 8:15 AM
americanbankingnews.com logoClearfield Inc (CLFD) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - May 2 at 11:12 PM
americanbankingnews.com logoClearfield (CLFD) Receiving Somewhat Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - May 2 at 7:50 PM
americanbankingnews.com logoClearfield Inc (CLFD) Expected to Announce Quarterly Sales of $24.35 Million
www.americanbankingnews.com - April 30 at 7:56 AM
americanbankingnews.com logoSomewhat Critical Press Coverage Likely to Impact Clearfield (CLFD) Share Price
www.americanbankingnews.com - April 29 at 11:15 AM
americanbankingnews.com logoZacks: Brokerages Expect Clearfield Inc (CLFD) Will Post Earnings of $0.17 Per Share
www.americanbankingnews.com - April 29 at 1:22 AM
finance.yahoo.com logoEdited Transcript of CLFD earnings conference call or presentation 27-Apr-17 10:59am GMT
finance.yahoo.com - April 27 at 9:50 PM
americanbankingnews.com logoClearfield Inc (CLFD) Releases Earnings Results, Misses Expectations By $0.03 EPS
www.americanbankingnews.com - April 27 at 7:36 PM
finance.yahoo.com logoClearfield Reports Fiscal Second Quarter 2017 Results
finance.yahoo.com - April 27 at 11:54 AM
finance.yahoo.com logoClearfield posts 2Q profit
finance.yahoo.com - April 27 at 11:54 AM
americanbankingnews.com logoSomewhat Favorable News Coverage Likely to Affect Clearfield (CLFD) Stock Price
www.americanbankingnews.com - April 27 at 12:40 AM
finance.yahoo.com logoClearfield Awarded NEBS Level 3 Certification
finance.yahoo.com - April 25 at 12:12 PM
americanbankingnews.com logoSomewhat Positive News Coverage Likely to Affect Clearfield (CLFD) Stock Price
www.americanbankingnews.com - April 23 at 2:57 PM
finance.yahoo.com logoClearfield to Report Fiscal Q2 2017 Financial Results on Thursday, April 27, 2017 at 8:00 a.m. ET
finance.yahoo.com - April 20 at 4:28 PM
americanbankingnews.com logoClearfield (CLFD) Receives Daily Media Sentiment Score of 0.28
www.americanbankingnews.com - April 15 at 12:33 PM
americanbankingnews.com logoZacks: Clearfield Inc (CLFD) Given Consensus Recommendation of "Strong Buy" by Brokerages
www.americanbankingnews.com - April 14 at 8:26 AM
americanbankingnews.com logo$21.4 Million in Sales Expected for Clearfield Inc (CLFD) This Quarter
www.americanbankingnews.com - April 9 at 8:34 AM
americanbankingnews.com logoShort Interest in Clearfield Inc (CLFD) Decreases By 15.0%
www.americanbankingnews.com - April 8 at 10:14 AM
americanbankingnews.com logoZacks: Analysts Expect Clearfield Inc (CLFD) Will Post Earnings of $0.10 Per Share
www.americanbankingnews.com - April 7 at 4:46 PM
finance.yahoo.com logoETFs with exposure to Clearfield, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 9:00 AM
americanbankingnews.com logoClearfield Inc (CLFD) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - April 4 at 10:53 AM
americanbankingnews.com logoZacks Investment Research Upgrades Clearfield Inc (CLFD) to Hold
www.americanbankingnews.com - March 29 at 10:55 PM
americanbankingnews.com logoZacks: Brokerages Set $21.00 Target Price for Clearfield Inc (CLFD)
www.americanbankingnews.com - March 29 at 12:19 PM
finance.yahoo.com logoClearfield to Present at the 29th Annual ROTH Conference on March 14, 2017
finance.yahoo.com - March 1 at 12:06 PM
biz.yahoo.com logoCLEARFIELD, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Financial Statements and Ex
biz.yahoo.com - February 24 at 4:34 PM
biz.yahoo.com logoCLEARFIELD, INC. Files SEC form 8-K, Financial Statements and Exhibits
biz.yahoo.com - February 8 at 4:37 PM
biz.yahoo.com logoCLEARFIELD, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - February 8 at 4:37 PM
finance.yahoo.com logoClearfield Broadens National Account Focus
finance.yahoo.com - February 8 at 4:37 PM
zacks.com logoHarris Corp (HRS) Beats on Q2 Earnings, Misses Revenues
www.zacks.com - February 2 at 4:39 PM
finance.yahoo.com logoClearfield Responds to CommScope Claims of Patent Infringement
finance.yahoo.com - February 1 at 4:40 PM
finance.yahoo.com logo8:04 am Clearfield reports that it intends to vigorously defend against the patent infringement suit recently brought by CommScope (COMM) in the United States District Court for the District of Minnesota
finance.yahoo.com - February 1 at 4:40 PM
biz.yahoo.com logoQ1 2017 Clearfield Inc Earnings Release - Before Market Open
us.rd.yahoo.com - January 26 at 5:24 PM
us.rd.yahoo.com logoClearfield Reports Fiscal First Quarter 2017 Results; Revenues to Tier 1 Customers Expand
us.rd.yahoo.com - January 26 at 5:24 PM
biz.yahoo.com logoCLEARFIELD, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
us.rd.yahoo.com - January 26 at 5:24 PM
us.rd.yahoo.com logo8:05 am Clearfield misses by $0.02, misses on revs; reaffirms FY17 revs guidance
us.rd.yahoo.com - January 26 at 5:24 PM
globenewswire.com logoClearfield to Report Fiscal Q1 2017 Financial Results on Thursday, January ...
globenewswire.com - January 19 at 5:33 PM
finance.yahoo.com logoClearfield to Report Fiscal Q1 2017 Financial Results on Thursday, January 26, 2017 at 8:00 a.m. ET
finance.yahoo.com - January 19 at 5:33 PM

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Chart

Clearfield (CLFD) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff