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

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$11.70 -0.05 (-0.43 %)
(As of 06/21/2018 06:43 AM ET)
Previous Close$11.70
Today's Range$11.62 - $12.00
52-Week Range$10.35 - $15.30
Volume17,400 shs
Average Volume37,992 shs
Market Capitalization$161.58 million
P/E Ratio41.79
Dividend YieldN/A
Beta0.97
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

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 Ratio41.79
Forward P/E Ratio46.80
P/E GrowthN/A

Sales & Book Value

Annual Sales$73.95 million
Price / Sales2.18
Cash Flow$0.3924 per share
Price / Cash29.82
Book Value$4.63 per share
Price / Book2.53

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

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 approved a stock repurchase plan on Sunday, June 4th 2017, which allows the company to repurchase $4,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 1.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

How were Clearfield's earnings last quarter?

Clearfield Inc (NASDAQ:CLFD) released its quarterly earnings data on Thursday, April, 26th. The communications equipment provider reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.01 by $0.03. The communications equipment provider had revenue of $16.83 million for 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 equities research analysts have issued 12 month price objectives for Clearfield's stock. Their forecasts range from $15.00 to $15.00. On average, they expect Clearfield's share price to reach $15.00 in the next year. View Analyst Ratings for Clearfield.

Who are some of Clearfield's key competitors?

Who are Clearfield's key executives?

Clearfield's management team includes the folowing people:
  • Ms. Cheryl Podzimek 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
  • Mr. Jim Henschel, Director of Global Manufacturing

Has Clearfield been receiving favorable news coverage?

News stories about CLFD stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Clearfield earned a daily sentiment score of 0.08 on Accern's scale. They also assigned headlines about the communications equipment provider an impact score of 45.42 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Clearfield's major shareholders?

Clearfield's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Royal Bank of Canada (0.92%). Company insiders that own Clearfield stock include Cheryl Beranek, Daniel R Herzog, John P Hill, Roger G Harding and Ronald G Roth. View Institutional Ownership Trends for Clearfield.

Which major investors are buying Clearfield stock?

CLFD stock was purchased by a variety of institutional investors in the last quarter, including Royal Bank of Canada. 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, Scottrade, Fidelity and Charles Schwab.

What is Clearfield's stock price today?

One share of CLFD stock can currently be purchased for approximately $11.70.

How big of a company is Clearfield?

Clearfield has a market capitalization of $161.58 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 (CLFD)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  126 (Vote Outperform)
Underperform Votes:  155 (Vote Underperform)
Total Votes:  281
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 6/21/2018 by MarketBeat.com Staff

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