NASDAQ:CLFD Clearfield (CLFD) Stock Price, News & Analysis → The asset beating inflation by 4x (From Colonial Metals) (Ad) Free CLFD Stock Alerts $36.13 +4.22 (+13.22%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$35.46▼$40.0050-Day Range$28.19▼$36.1352-Week Range$22.91▼$50.82Volume687,406 shsAverage Volume152,067 shsMarket Capitalization$531.47 millionP/E RatioN/ADividend YieldN/APrice Target$42.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Clearfield alerts: Email Address Clearfield MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside17.4% Upside$42.40 Price TargetShort InterestBearish18.82% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.28Based on 39 Articles This WeekInsider TradingAcquiring Shares$84,115 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.80) to $1.24 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.07 out of 5 starsComputer And Technology Sector510th out of 594 stocksTelephone & Telegraph Apparatus Industry7th out of 9 stocks 2.4 Analyst's Opinion Consensus RatingClearfield has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageClearfield has only been the subject of 3 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted18.82% of the float of Clearfield has been sold short.Short Interest Ratio / Days to CoverClearfield has a short interest ratio ("days to cover") of 11.2, which indicates bearish sentiment.Change versus previous monthShort interest in Clearfield has recently increased by 9.43%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldClearfield does not currently pay a dividend.Dividend GrowthClearfield does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CLFD. Previous Next 2.4 News and Social Media Coverage News SentimentClearfield has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 39 news articles for Clearfield this week, compared to 4 articles on an average week.Search InterestOnly 4 people have searched for CLFD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added Clearfield to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Clearfield insiders have bought more of their company's stock than they have sold. Specifically, they have bought $84,115.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders16.00% of the stock of Clearfield is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions88.73% of the stock of Clearfield is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Clearfield are expected to grow in the coming year, from ($0.80) to $1.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Clearfield is -144.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Clearfield is -144.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioClearfield has a P/B Ratio of 1.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About Clearfield Stock (NASDAQ:CLFD)Clearfield, Inc. manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products. It also provides CraftSmart FiberFirst pedestals, an access terminal that offers a cable management and mounting bracket kit to support the deployment of access terminals; YOURx, an access terminal that provides flexibility with cable mid-span and internal splicing options; and FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment. In addition, the company offers fiber assemblies; fiber optic and copper cables, microducts, microduct accessories, and tools; and installation and connection accessories for fiber optic networks. It serves community broadband customers, multiple system operators, large regional service providers, and wireline/wireless national telco carriers. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was incorpoarted in 1979 and is headquartered in Minneapolis, Minnesota.Read More CLFD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CLFD Stock News HeadlinesMay 5, 2024 | americanbankingnews.comClearfield (NASDAQ:CLFD) PT Raised to $42.00 at Needham & Company LLCMay 4, 2024 | americanbankingnews.comClearfield's (CLFD) Buy Rating Reiterated at Roth MkmMay 5, 2024 | Stansberry Research (Ad)Gold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).May 4, 2024 | americanbankingnews.comRoth Capital Brokers Decrease Earnings Estimates for Clearfield, Inc. (NASDAQ:CLFD)May 4, 2024 | americanbankingnews.comClearfield (NASDAQ:CLFD) Shares Gap Up After Strong EarningsMay 4, 2024 | markets.businessinsider.comClearfield’s Upbeat Financial Performance and Growth Prospects Affirm Buy RatingMay 3, 2024 | marketwatch.comClearfield Shares Rise 20% After 2Q Sales, Earnings BeatsMay 3, 2024 | finance.yahoo.comClearfield, Inc. (NASDAQ:CLFD) Q2 2024 Earnings Call TranscriptMay 5, 2024 | Stansberry Research (Ad)Gold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).May 3, 2024 | finance.yahoo.comClearfield Inc (CLFD) Q2 2024 Earnings Call Transcript Highlights: Navigating Challenges and ...May 3, 2024 | americanbankingnews.comQ4 2024 Earnings Forecast for Clearfield, Inc. Issued By Roth Capital (NASDAQ:CLFD)May 2, 2024 | sfgate.comClearfield: Fiscal Q2 Earnings SnapshotMay 2, 2024 | msn.comClearfield County teen charged as adult in shooting death of a 12-year-old girlMay 2, 2024 | finance.yahoo.comClearfield Inc (CLFD) Q2 2024 Earnings: Narrower Loss Than Expected Amid ChallengesMay 2, 2024 | globenewswire.comClearfield Reports Second Quarter 2024 ResultsMay 2, 2024 | americanbankingnews.comClearfield, Inc. (NASDAQ:CLFD) Short Interest UpdateMay 2, 2024 | markets.businessinsider.comHere's what Wall Street expects from Clearfield's earnings reportApril 30, 2024 | msn.comJuveniles involved in ‘tragic’ Clearfield County shooting, state police investigatingApril 30, 2024 | businesswire.comClearfield to Present at the Needham Technology, Media, & Consumer ConferenceApril 27, 2024 | msn.comClearfield County Man Sentenced in Child Pornography CaseApril 25, 2024 | americanbankingnews.comClearfield (CLFD) Set to Announce Quarterly Earnings on ThursdayApril 22, 2024 | finance.yahoo.comClearfield, Inc.'s (NASDAQ:CLFD) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?April 21, 2024 | finance.yahoo.comClearfield, Inc. (CLFD)April 19, 2024 | msn.comDog shot in Clearfield County sheds light on lack of humane officersApril 19, 2024 | globenewswire.comClearfield Sets Fiscal Second Quarter 2024 Earnings Call for Thursday, May 2, 2024April 18, 2024 | msn.comClearfield man accused of pulling gun on two womenApril 17, 2024 | msn.comMeet Dennyboy! Australian Shepard found shot in Clearfield Co. awaiting amputation surgerySee More Headlines Receive CLFD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Clearfield and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/02/2024Today5/05/2024Next Earnings (Estimated)8/01/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Telephone & telegraph apparatus Sub-IndustryN/A Current SymbolNASDAQ:CLFD CUSIPN/A CIK796505 Webwww.seeclearfield.com Phone(763) 476-6866Fax763-475-8457Employees400Year FoundedN/APrice Target and Rating Average Stock Price Target$42.40 High Stock Price Target$47.00 Low Stock Price Target$38.00 Potential Upside/Downside+17.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.25) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$32.53 million Net Margins-1.79% Pretax Margin8.04% Return on Equity-1.06% Return on Assets-0.93% Debt Debt-to-Equity RatioN/A Current Ratio11.09 Quick Ratio7.29 Sales & Book Value Annual Sales$268.72 million Price / Sales1.98 Cash Flow$2.30 per share Price / Cash Flow15.72 Book Value$20.65 per share Price / Book1.75Miscellaneous Outstanding Shares14,710,000Free Float12,354,000Market Cap$531.47 million OptionableOptionable Beta1.33 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMs. Cheryl P. Beranek (Age 62)CEO, President & Director Comp: $446.26kMr. Daniel R. Herzog (Age 60)Chief Financial Officer Comp: $358.59kMr. John P. Hill (Age 58)Chief Operating Officer Comp: $446.16kMr. Skip HansenChief Information OfficerFrank J. Brixius Jr.General Counsel & SecretaryMr. Kevin MorganChief Marketing OfficerMr. Bob CodyVice President of Human Resources & Office of Resource ManagementMr. Allen GriserChief Commercial OfficerMore ExecutivesKey CompetitorsNETGEARNASDAQ:NTGRADTRANNASDAQ:ADTNAudioCodesNASDAQ:AUDCAkoustis TechnologiesNASDAQ:AKTSDZSNASDAQ:DZSIView All CompetitorsInsiders & InstitutionsNordea Investment Management ABBought 72,164 shares on 5/2/2024Ownership: 0.774%Hussman Strategic Advisors Inc.Sold 21,000 shares on 5/2/2024Ownership: 0.143%BNP Paribas Financial MarketsBought 7,388 shares on 5/1/2024Ownership: 0.077%Commonwealth Equity Services LLCSold 3,890 shares on 4/30/2024Ownership: 0.154%Raymond James Financial Services Advisors Inc.Sold 8,374 shares on 4/23/2024Ownership: 0.333%View All Insider TransactionsView All Institutional Transactions CLFD Stock Analysis - Frequently Asked Questions Should I buy or sell Clearfield stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clearfield in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CLFD shares. View CLFD analyst ratings or view top-rated stocks. What is Clearfield's stock price target for 2024? 4 analysts have issued 1-year target prices for Clearfield's stock. Their CLFD share price targets range from $38.00 to $47.00. On average, they anticipate the company's share price to reach $42.40 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price. View analysts price targets for CLFD or view top-rated stocks among Wall Street analysts. How have CLFD shares performed in 2024? Clearfield's stock was trading at $29.08 at the beginning of 2024. Since then, CLFD stock has increased by 24.2% and is now trading at $36.13. View the best growth stocks for 2024 here. Are investors shorting Clearfield? Clearfield saw a increase in short interest in April. As of April 15th, there was short interest totaling 2,320,000 shares, an increase of 9.4% from the March 31st total of 2,120,000 shares. Based on an average daily volume of 206,900 shares, the short-interest ratio is currently 11.2 days. Approximately 18.8% of the shares of the stock are short sold. View Clearfield's Short Interest. When is Clearfield's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our CLFD earnings forecast. How were Clearfield's earnings last quarter? Clearfield, Inc. (NASDAQ:CLFD) posted its quarterly earnings results on Thursday, May, 2nd. The communications equipment provider reported ($0.40) earnings per share for the quarter, beating analysts' consensus estimates of ($0.53) by $0.13. The communications equipment provider had revenue of $36.90 million for the quarter, compared to the consensus estimate of $31.25 million. Clearfield had a negative net margin of 1.79% and a negative trailing twelve-month return on equity of 1.06%. Clearfield's revenue was down 43.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 earnings per share. What ETFs hold Clearfield's stock? ETFs with the largest weight of Clearfield (NASDAQ:CLFD) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN), SPDR S&P Telecom ETF (XTL), Roundhill Acquirers Deep Value ETF (DEEP) and Hypatia Women CEO ETF (WCEO).iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT). What guidance has Clearfield issued on next quarter's earnings? Clearfield updated its third quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of -0.380--0.310 for the period, compared to the consensus earnings per share estimate of -0.260. The company issued revenue guidance of $40.0 million-$44.0 million, compared to the consensus revenue estimate of $37.6 million. What is Cheri P. Beranek's approval rating as Clearfield's CEO? 6 employees have rated Clearfield Chief Executive Officer Cheri P. Beranek on Glassdoor.com. Cheri P. Beranek has an approval rating of 71% among the company's employees. 45.0% of employees surveyed would recommend working at Clearfield to a friend. 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). Who are Clearfield's major shareholders? Clearfield's stock is owned by a number of institutional and retail investors. Top institutional investors include Nordea Investment Management AB (0.77%), Raymond James Financial Services Advisors Inc. (0.33%), Commonwealth Equity Services LLC (0.15%), Hussman Strategic Advisors Inc. (0.14%), BNP Paribas Financial Markets (0.08%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Carol Ann Wirsbinski, Charles N Hayssen, Cheryl Beranek, Daniel R Herzog, Donald R Hayward, John P Hill, Patrick Goepel, Roger G Harding, Ronald G Roth and Walter Louis Jones Jr. View institutional ownership trends. How do I buy shares of Clearfield? Shares of CLFD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CLFD) was last updated on 5/5/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? 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