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NASDAQ:CLFD - Clearfield Stock Price, Forecast & News

$12.16
-0.24 (-1.94 %)
(As of 02/16/2020 04:00 PM ET)
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Today's Range
$12.11
Now: $12.16
$12.63
50-Day Range
$11.86
MA: $13.49
$14.30
52-Week Range
$10.05
Now: $12.16
$16.75
Volume10,562 shs
Average VolumeN/A
Market CapitalizationN/A
P/E Ratio40.53
Dividend YieldN/A
BetaN/A
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 N/A
Sub-IndustryN/A
SectorN/A
Current SymbolNASDAQ:CLFD
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees225
Next Earnings Date4/23/2020 (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) released its quarterly earnings results on Thursday, January, 23rd. The communications equipment provider reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.01. The communications equipment provider had revenue of $19.38 million for the quarter, compared to analyst estimates of $21.11 million. View Clearfield's Earnings History.

When is Clearfield's next earnings date?

Clearfield is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 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 Thursday, January, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $92-95 million, compared to the consensus revenue estimate of $93.68 million.

What price target have analysts set for CLFD?

2 brokers have issued 12-month target prices for Clearfield's shares. Their forecasts range from $17.00 to $19.00. On average, they anticipate Clearfield's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 48.0% 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. 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. " (1/27/2020)
  • 2. Northland Securities analysts commented, "We see increased visibility on 5G opportunities as a catalyst for the shares in 2HCY19." (7/26/2019)

Has Clearfield been receiving favorable news coverage?

Headlines about CLFD stock have trended extremely negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Clearfield earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave news headlines about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Clearfield.

Are investors shorting Clearfield?

Clearfield saw a drop in short interest during the month of January. As of January 15th, there was short interest totalling 43,100 shares, a drop of 27.7% from the December 31st total of 59,600 shares. Based on an average daily volume of 17,400 shares, the days-to-cover ratio is currently 2.5 days. Currently, 0.4% of the shares of the stock are sold short. View Clearfield's Current Options Chain.

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), AT&T (T), Allena Pharmaceuticals (ALNA), Corbus Pharmaceuticals (CRBP), Cypress Semiconductor (CY), First Solar (FSLR), Gogo (GOGO), Huntington Bancshares (HBAN) and Immersion (IMMR).

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 number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (4.33%), State Street Corp (1.37%), Cadence Capital Management LLC (0.51%), Panagora Asset Management Inc. (0.41%), California Public Employees Retirement System (0.36%) and Bank of New York Mellon Corp (0.31%). Company insiders that own Clearfield stock include 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 California Public Employees Retirement System, Cadence Capital Management LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Clearfield.

Which institutional investors are buying Clearfield stock?

CLFD stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Renaissance Technologies LLC, State Street Corp, Strs Ohio, Panagora Asset Management Inc., Bailard Inc., Goldman Sachs Group Inc. and Barclays PLC. 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 $12.16.


MarketBeat Community Rating for Clearfield (NASDAQ CLFD)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  244 (Vote Outperform)
Underperform Votes:  280 (Vote Underperform)
Total Votes:  524
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 2/16/2020 by MarketBeat.com Staff

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