NASDAQ:CLFD - Clearfield Stock Price, News, & Analysis

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$14.40 +0.21 (+1.48 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$14.40
Today's Range$13.68 - $14.40
52-Week Range$8.41 - $15.30
Volume14,933 shs
Average Volume31,953 shs
Market Capitalization$196.70 million
P/E Ratio45.00
Dividend YieldN/A
Beta1.53
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. In addition, the company offers 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, and MSO/cable TV companies, as well as the utility/municipality, enterprise, data center, and military 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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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$77.65 million
Cash Flow$0.4692 per share
Book Value$5.16 per share

Profitability

Net Income$4.27 million

Miscellaneous

Employees225
Market Cap$196.70 million
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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 declared that its Board of Directors has approved a share 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 shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

How were Clearfield's earnings last quarter?

Clearfield Inc (NASDAQ:CLFD) released its quarterly earnings results on Thursday, January, 31st. The communications equipment provider reported $0.08 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.03. The communications equipment provider had revenue of $20.09 million for the quarter, compared to the consensus estimate of $19.60 million. Clearfield had a return on equity of 7.88% and a net margin of 5.37%. 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 25th 2019. View Earnings Estimates for Clearfield.

What price target have analysts set for CLFD?

1 analysts have issued twelve-month target prices for Clearfield's stock. Their forecasts range from $15.00 to $15.00. On average, they anticipate Clearfield's share price to reach $15.00 in the next year. This suggests a possible upside of 4.2% from the stock's current price. View Analyst Price Targets for Clearfield.

What is the consensus analysts' recommendation for Clearfield?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearfield in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Clearfield.

Has Clearfield been receiving favorable news coverage?

Media headlines about CLFD stock have trended somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Clearfield earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave news coverage about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.

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 Clearside Biomedical (CLSD), Zynga (ZNGA), Telaria (TLRA), Vanda Pharmaceuticals (VNDA), Conduent (CNDT), SunPower (SPWR), VICI Properties (VICI), Allena Pharmaceuticals (ALNA), Sirius XM (SIRI) and Tellurian (TELL).

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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.00%), Thomson Horstmann & Bryant Inc. (2.58%), Northern Trust Corp (1.05%), Geode Capital Management LLC (0.82%), Bank of New York Mellon Corp (0.37%) and Worth Venture Partners LLC (0.30%). Company insiders that own Clearfield stock include Roger G Harding 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 Thomson Horstmann & Bryant Inc., Two Sigma Advisers LP, Worth Venture Partners LLC, Northern Trust Corp and Bank of New York Mellon Corp. View Insider Buying and Selling for Clearfield.

Which major investors are buying Clearfield stock?

CLFD stock was purchased by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, O Shaughnessy Asset Management LLC, Rhumbline Advisers and BlackRock Inc.. 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 $14.40.

How big of a company is Clearfield?

Clearfield has a market capitalization of $196.70 million and generates $77.65 million in revenue each year. The communications equipment provider earns $4.27 million in net income (profit) each year or $0.32 on an earnings per share basis. Clearfield employs 225 workers across the globe.

What is Clearfield's official website?

The official website for Clearfield is http://www.seeclearfield.com.

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:  180 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  388
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 2/23/2019 by MarketBeat.com Staff

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