S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
NASDAQ:CLFD

Clearfield (CLFD) Stock Forecast, Price & News

$54.47
+0.54 (+1.00%)
(As of 05/19/2022 12:00 AM ET)
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Today's Range
$52.50
$55.41
50-Day Range
$50.73
$71.17
52-Week Range
$32.53
$86.71
Volume
123,831 shs
Average Volume
147,808 shs
Market Capitalization
$750.05 million
P/E Ratio
22.89
Dividend Yield
N/A
Beta
1.17
30 days | 90 days | 365 days | Advanced Chart
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Clearfield logo

About Clearfield

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 outdoor cabinet and fiber active cabinet products. The company offers StreetSmart, a portfolio of fiber management products; 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. It also 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. 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, wireless operators, and multiple systems operators and cable TV companies, as well as the utility/municipality, enterprise, and data center 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.

Headlines

Clearfield (NASDAQ:CLFD) Shares Gap Up to $52.14
Clearfield (NASDAQ:CLFD) PT Raised to $78.00
See More Headlines

Industry, Sector and Symbol

Industry
Telephone & telegraph apparatus
Sub-Industry
N/A
Current Symbol
NASDAQ:CLFD
Employees
250
Year Founded
N/A

Sales & Book Value

Annual Sales
$140.76 million
Cash Flow
$1.66 per share
Book Value
$8.96 per share

Profitability

Net Income
$20.33 million
Pretax Margin
22.56%

Debt

Price-To-Earnings

Miscellaneous

Free Float
11,376,000
Market Cap
$750.05 million
Optionable
Optionable

Company Calendar

Last Earnings
4/28/2022
Today
5/20/2022
Next Earnings (Estimated)
7/28/2022
Fiscal Year End
9/30/2022

MarketRank

Overall MarketRank

1.69 out of 5 stars

Computer And Technology Sector

531st out of 924 stocks

Telephone & Telegraph Apparatus Industry

9th out of 17 stocks

Analyst Opinion: 1.3Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -













Clearfield (NASDAQ:CLFD) Frequently Asked Questions

Is Clearfield a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clearfield in the last twelve months. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Clearfield stock.
View analyst ratings for Clearfield
or view top-rated stocks.

When is Clearfield's next earnings date?

Clearfield is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
View our earnings forecast for Clearfield
.

How were Clearfield's earnings last quarter?

Clearfield, Inc. (NASDAQ:CLFD) issued its earnings results on Thursday, April, 28th. The communications equipment provider reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.09. Clearfield had a net margin of 17.58% and a trailing twelve-month return on equity of 30.26%. During the same quarter in the previous year, the company posted $0.27 EPS.
View Clearfield's earnings history
.

What guidance has Clearfield issued on next quarter's earnings?

Clearfield updated its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $204.00 million-$218.00 million, compared to the consensus revenue estimate of $182.67 million.

What price target have analysts set for CLFD?

4 brokers have issued 1-year price targets for Clearfield's shares. Their forecasts range from $37.00 to $78.00. On average, they anticipate Clearfield's stock price to reach $51.75 in the next year. This suggests that the stock has a possible downside of 5.0%.
View analysts' price targets for Clearfield
or view top-rated stocks among Wall Street analysts.

Who are Clearfield's key executives?
Clearfield's management team includes the following people:
  • Ms. Cheryl P. Beranek, CEO, Pres & Director (Age 60, Pay $1.3M) (LinkedIn Profile)
  • Mr. Daniel R. Herzog, Chief Financial Officer (Age 58, Pay $558.68k)
  • Mr. John P. Hill, Chief Operating Officer (Age 56, Pay $1.3M)
  • Mr. Kevin Morgan, Chief Marketing Officer
  • Mr. Allen Griser, Chief Commercial Officer
What is Cheri P. Beranek's approval rating as Clearfield's CEO?

3 employees have rated Clearfield CEO Cheri P. Beranek on Glassdoor.com. Cheri P. Beranek has an approval rating of 71% among Clearfield's employees.

What other stocks do shareholders of Clearfield own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clearfield investors own include Wendy's (WEN), ACADIA Pharmaceuticals (ACAD), Horizon Therapeutics Public (HZNP), NVIDIA (NVDA), Akoustis Technologies (AKTS), Clearside Biomedical (CLSD), CyberOptics (CYBE), JD.com (JD), Repligen (RGEN) and Zynga (ZNGA).

What is Clearfield's stock symbol?

Clearfield trades on the NASDAQ under the ticker symbol "CLFD."

Who are Clearfield's major shareholders?

Clearfield's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.80%), Vanguard Group Inc. (4.29%), Dimensional Fund Advisors LP (3.14%), Atika Capital Management LLC (2.88%), State Street Corp (1.78%) and Renaissance Technologies LLC (1.75%). Company insiders that own Clearfield stock include Charles N Hayssen, Cheryl Beranek, Daniel R Herzog, Donald R Hayward, John P Hill, Patrick Goepel, 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 Renaissance Technologies LLC, EAM Investors LLC, G2 Investment Partners Management LLC, Goldman Sachs Group Inc., Los Angeles Capital Management LLC, Invesco Ltd., JPMorgan Chase & Co., and Acadian Asset Management LLC. Company insiders that have sold Clearfield company stock in the last year include Charles N Hayssen, Cheryl Beranek, Patrick Goepel, and Roger G Harding.
View insider buying and selling activity for Clearfield
or view top insider-selling stocks.

Which major investors are buying Clearfield stock?

CLFD stock was acquired by a variety of institutional investors in the last quarter, including Redwood Investments LLC, Royce & Associates LP, Summit Partners Public Asset Management LLC, Atika Capital Management LLC, Mount Capital Ltd, Royal Bank of Canada, PEAK6 Investments LLC, and State Street Corp.
View insider buying and selling activity for Clearfield
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Clearfield's stock price today?

One share of CLFD stock can currently be purchased for approximately $54.47.

How much money does Clearfield make?

Clearfield has a market capitalization of $750.05 million and generates $140.76 million in revenue each year. The communications equipment provider earns $20.33 million in net income (profit) each year or $2.38 on an earnings per share basis.

How many employees does Clearfield have?

Clearfield employs 250 workers across the globe.

What is Clearfield's official website?

The official website for Clearfield is 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, via email at [email protected], or via fax at 763-475-8457.

This page was last updated on 5/20/2022 by MarketBeat.com Staff

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