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
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CLFD
  • CUSIP: N/A
  • Web:
  • Market Cap: $179.06 million
  • Outstanding Shares: 13,934,000
Average Prices:
  • 50 Day Moving Avg: $11.93
  • 200 Day Moving Avg: $13.86
  • 52 Week Range: $11.00 - $21.60
  • Trailing P/E Ratio: 33.12
  • Foreward P/E Ratio: 36.71
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $76.58 million
  • Price / Sales: 2.34
  • Book Value: $4.62 per share
  • Price / Book: 2.78
  • EBIDTA: $9.17 million
  • Net Margins: 6.87%
  • Return on Equity: 8.12%
  • Return on Assets: 7.51%
  • Current Ratio: 10.10%
  • Quick Ratio: 7.95%
  • Average Volume: 55,600 shs.
  • Beta: 1.25
  • Short Ratio: 14.23

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 announced that its board has initiated a share buyback plan on Sunday, June 4th 2017, which allows the company to repurchase $4,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 1.9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.

How were Clearfield's earnings last quarter?

Clearfield, Inc. (NASDAQ:CLFD) announced its quarterly earnings data on Thursday, July, 27th. The company reported $0.06 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $0.06. The firm had revenue of $19.61 million for the quarter, compared to the consensus estimate of $22.90 million. Clearfield had a net margin of 6.87% and a return on equity of 8.12%. The business's quarterly revenue was down 9.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 earnings per share. View Clearfield's Earnings History.

When will Clearfield make its next earnings announcement?

Clearfield is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Clearfield.

Where is Clearfield's stock going? Where will Clearfield's stock price be in 2017?

1 brokers have issued 12 month price objectives for Clearfield's stock. Their predictions range from $15.00 to $15.00. On average, they anticipate Clearfield's stock price to reach $15.00 in the next twelve months. 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:

  • 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 many different of retail and institutional investors. Top institutional shareholders include Thomson Horstmann & Bryant Inc. (3.62%), Vanguard Group Inc. (3.32%), Dimensional Fund Advisors LP (2.84%), State Street Corp (1.20%), Northern Trust Corp (1.10%) and Royce & Associates LP (0.84%). 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., California State Teachers Retirement System, TIAA CREF Investment Management LLC, Rhumbline Advisers and New York State Common Retirement Fund. View Insider Buying and Selling for Clearfield.

Who bought Clearfield stock? Who is buying Clearfield stock?

Clearfield's stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, WCM Investment Management CA, Worth Venture Partners LLC, WFG Advisors LP, Vanguard Group Inc., State Street Corp, Northern Trust Corp and OxFORD Asset Management LLP. Company insiders that have bought Clearfield stock in the last two years include Charles N Hayssen, Patrick Goepel, Roger G Harding and Ronald G Roth. 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 $12.85.

MarketBeat Community Rating for Clearfield (NASDAQ CLFD)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  80 (Vote Outperform)
Underperform Votes:  97 (Vote Underperform)
Total Votes:  177
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: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $15.00 (16.73% upside)

Analysts' Ratings History for Clearfield (NASDAQ:CLFD)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/29/2017Northland SecuritiesSet Price TargetBuy$15.00HighView Rating Details
11/23/2015Lake Street CapitalInitiated CoverageBuy$15.00N/AView Rating Details
(Data available from 9/26/2015 forward)


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
11/8/2017$0.07N/AView Earnings Details
7/27/2017Q3 2017$0.12$0.06$22.90 million$19.61 millionViewN/AView Earnings Details
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)


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)


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

Insider Trades

Insider Trading and Institutional Ownership History for Clearfield (NASDAQ:CLFD)
Insider Ownership Percentage: 18.30%
Institutional Ownership Percentage: 27.37%
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
8/9/2017Roger G HardingDirectorBuy1,000$11.50$11,500.00View SEC Filing  
8/1/2017Ronald G RothChairmanBuy5,000$11.45$57,250.00View SEC Filing  
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)


Headline Trends for Clearfield (NASDAQ:CLFD)
Latest Headlines for Clearfield (NASDAQ:CLFD)
DateHeadline logoComparing Clearfield (CLFD) & Belden (BDC) - September 19 at 4:44 PM logoClearfield Unveils the FieldSmart Flex Box; Sets New Benchmark for MDU Fiber Deployments - September 13 at 6:28 PM logoClearfield (CLFD) and XG Technology (XGTI) Head-To-Head Analysis - August 31 at 8:08 AM logoClearfield: Investing In Future Of Data - August 26 at 12:08 AM logoClearfield (CLFD) Presents At CFA Society Of Minnesota 6th Annual Intellisight Conference - Slideshow - August 24 at 10:29 PM logoClearfield to Present at the 6th Annual Liolios Gateway Conference on September 6, 2017 - August 23 at 5:48 PM logoClearfield to Present at the 6th Annual CFA Intellisight Conference on Wednesday, August 23, 2017 - August 17 at 6:33 PM logoETFs with exposure to Clearfield, Inc. : August 15, 2017 - August 15 at 5:56 PM logoClearfield, Inc. (NASDAQ:CLFD) Director Roger G. Harding Purchases 1,000 Shares - August 11 at 1:40 PM logoClearfield Telcordia Certified for Major Service Provider Market Applications - August 10 at 6:29 PM logoClearfield, Inc. (CLFD) Chairman Ronald G. Roth Purchases 5,000 Shares - August 2 at 9:20 PM logoClearfield, Inc. (CLFD) Lowered to Sell at Zacks Investment Research - August 1 at 8:32 PM logoClearfield, Inc. :CLFD-US: Earnings Analysis: Q3, 2017 By the Numbers : August 1, 2017 - August 1 at 5:55 PM logoETFs with exposure to Clearfield, Inc. : August 1, 2017 - August 1 at 5:55 PM logoClearfield, Inc. (NASDAQ:CLFD) Given a $15.00 Price Target by Northland Securities Analysts - July 30 at 7:14 AM logoEdited Transcript of CLFD earnings conference call or presentation 27-Jul-17 12:00pm GMT - July 28 at 6:57 PM logoFeatured Company News – Clearfield Announces Expansion of its Manufacturing Capacity in Mexico; Set to Add Capacity to Support National Carrier Market Momentum - July 27 at 5:29 PM logoClearfield Reports Fiscal Third Quarter 2017 Results - July 27 at 5:29 PM logoClearfield posts 3Q profit - July 27 at 5:29 PM logoClearfield, Inc. (NASDAQ:CLFD) Announces Earnings Results, Misses Estimates By $0.06 EPS - July 27 at 4:37 PM logoClearfield Quadruples Manufacturing Capacity in Mexico - July 25 at 5:13 PM logoContractors’ Fiber Forum to Address Real-World Challenges for Fiber Service Delivery to Ensure Profitable, Competitive Business Opportunities - July 19 at 6:27 PM logoClearfield to Report Fiscal Q3 2017 Financial Results on Thursday, July 27, 2017 at 8:00 a.m. ET - July 19 at 6:27 PM logoETFs with exposure to Clearfield, Inc. : July 10, 2017 - July 10 at 5:15 PM logoZacks Investment Research Upgrades Clearfield, Inc. (CLFD) to "Hold" - June 27 at 8:58 PM logoClearfield (CLFD) and KVH Industries (KVHI) Critical Contrast - June 20 at 10:30 AM logoETFs with exposure to Clearfield, Inc. : June 5, 2017 - June 5 at 4:16 PM logoShare Buyback Plan Announced by Clearfield (CLFD) Board - June 4 at 11:08 AM logoETFs with exposure to Clearfield, Inc. : May 25, 2017 - May 25 at 5:51 PM logoClearfield to Present at Cowen & Company’s 45th Annual Technology, Media & Telecom Conference on June 1, 2017 - May 23 at 12:48 PM logoClearfield, Inc. :CLFD-US: Earnings Analysis: Q2, 2017 By the Numbers : May 23, 2017 - May 23 at 12:48 PM logoClearfield Inc (CLFD) Chairman Buys $70,700.00 in Stock - May 15 at 4:23 PM logoRoger G. Harding Acquires 1,200 Shares of Clearfield Inc (CLFD) Stock - May 11 at 4:28 PM logoShould You Get Rid of Clearfield, Inc.(CLFD) Now? - May 9 at 8:15 AM logoClearfield Inc (CLFD) Rating Lowered to Sell at Zacks Investment Research - May 2 at 11:12 PM logoClearfield (CLFD) Receiving Somewhat Favorable News Coverage, AlphaOne Reports - May 2 at 7:50 PM logoClearfield Inc (CLFD) Expected to Announce Quarterly Sales of $24.35 Million - April 30 at 7:56 AM logoSomewhat Critical Press Coverage Likely to Impact Clearfield (CLFD) Share Price - April 29 at 11:15 AM logoZacks: Brokerages Expect Clearfield Inc (CLFD) Will Post Earnings of $0.17 Per Share - April 29 at 1:22 AM logoEdited Transcript of CLFD earnings conference call or presentation 27-Apr-17 10:59am GMT - April 27 at 9:50 PM logoClearfield Inc (CLFD) Releases Earnings Results, Misses Expectations By $0.03 EPS - April 27 at 7:36 PM logoClearfield Reports Fiscal Second Quarter 2017 Results - April 27 at 11:54 AM logoClearfield posts 2Q profit - April 27 at 11:54 AM logoSomewhat Favorable News Coverage Likely to Affect Clearfield (CLFD) Stock Price - April 27 at 12:40 AM logoClearfield Awarded NEBS Level 3 Certification - April 25 at 12:12 PM logoSomewhat Positive News Coverage Likely to Affect Clearfield (CLFD) Stock Price - April 23 at 2:57 PM logoClearfield to Report Fiscal Q2 2017 Financial Results on Thursday, April 27, 2017 at 8:00 a.m. ET - April 20 at 4:28 PM logoClearfield (CLFD) Receives Daily Media Sentiment Score of 0.28 - April 15 at 12:33 PM logoZacks: Clearfield Inc (CLFD) Given Consensus Recommendation of "Strong Buy" by Brokerages - April 14 at 8:26 AM logo$21.4 Million in Sales Expected for Clearfield Inc (CLFD) This Quarter - April 9 at 8:34 AM



Clearfield (CLFD) Chart for Tuesday, September, 26, 2017

This page was last updated on 9/26/2017 by Staff