Clearfield, Inc. (NASDAQ:CLFD) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Clearfield, Inc. (NASDAQ:CLFDGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $43.75.

A number of brokerages recently commented on CLFD. Weiss Ratings downgraded Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a report on Monday, May 11th. Roth Mkm reissued a “buy” rating and issued a $44.00 price target on shares of Clearfield in a report on Monday, May 4th. Finally, Zacks Research downgraded Clearfield from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th.

Get Our Latest Report on Clearfield

Insider Buying and Selling

In related news, Director Walter Louis Jones, Jr. sold 2,391 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $46.05, for a total value of $110,105.55. Following the completion of the transaction, the director owned 8,682 shares of the company’s stock, valued at approximately $399,806.10. This represents a 21.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 17.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Clearfield by 0.4% in the third quarter. Vanguard Group Inc. now owns 940,004 shares of the communications equipment provider’s stock valued at $32,317,000 after purchasing an additional 4,139 shares during the last quarter. Cooper Creek Partners Management LLC raised its stake in Clearfield by 1,705.7% during the third quarter. Cooper Creek Partners Management LLC now owns 479,741 shares of the communications equipment provider’s stock valued at $16,493,000 after buying an additional 453,173 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Clearfield by 11.6% during the first quarter. Dimensional Fund Advisors LP now owns 353,486 shares of the communications equipment provider’s stock valued at $9,357,000 after buying an additional 36,756 shares in the last quarter. Punch & Associates Investment Management Inc. raised its stake in Clearfield by 4.1% during the first quarter. Punch & Associates Investment Management Inc. now owns 289,610 shares of the communications equipment provider’s stock valued at $7,666,000 after buying an additional 11,500 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in Clearfield by 21.1% during the first quarter. Royal Bank of Canada now owns 282,350 shares of the communications equipment provider’s stock valued at $7,474,000 after buying an additional 49,249 shares in the last quarter. Hedge funds and other institutional investors own 88.73% of the company’s stock.

Clearfield Trading Up 2.2%

Shares of CLFD stock opened at $43.73 on Friday. The company has a market capitalization of $594.25 million, a PE ratio of -70.53 and a beta of 1.90. The firm has a fifty day simple moving average of $31.89 and a 200-day simple moving average of $31.07. Clearfield has a twelve month low of $23.76 and a twelve month high of $46.76.

Clearfield (NASDAQ:CLFDGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The communications equipment provider reported ($0.04) EPS for the quarter, hitting the consensus estimate of ($0.04). The business had revenue of $34.39 million for the quarter, compared to analysts’ expectations of $33.58 million. Clearfield had a positive return on equity of 1.03% and a negative net margin of 5.41%.Clearfield has set its Q3 2026 guidance at 0.170-0.210 EPS. Equities research analysts predict that Clearfield will post 0.52 EPS for the current year.

Clearfield Company Profile

(Get Free Report)

Clearfield, Inc (NASDAQ: CLFD) is a Minneapolis-based company specializing in fiber management products for broadband network deployments. The company’s core offerings include fiber distribution hubs, enclosures, splice trays, patching panels and connectivity accessories designed to simplify installation and maintenance of fiber-optic networks. Clearfield’s modular FieldSmart™ platform provides a scalable approach for service providers, utilities and enterprise organizations looking to expand or upgrade their fiber infrastructure.

Clearfield serves a diverse customer base that includes cable and internet service providers, telecommunications operators, wireless carriers, utilities and municipalities.

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Analyst Recommendations for Clearfield (NASDAQ:CLFD)

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