Roth Capital Has Positive Outlook for Clearfield Q1 Earnings

Clearfield, Inc. (NASDAQ:CLFD) – Research analysts at Roth Capital boosted their Q1 2025 earnings per share (EPS) estimates for Clearfield in a research report issued to clients and investors on Sunday, December 8th. Roth Capital analyst S. Searle now anticipates that the communications equipment provider will earn ($0.20) per share for the quarter, up from their prior forecast of ($0.21). The consensus estimate for Clearfield’s current full-year earnings is ($0.05) per share. Roth Capital also issued estimates for Clearfield’s Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at $0.08 EPS and FY2025 earnings at $0.12 EPS.

CLFD has been the subject of a number of other research reports. StockNews.com upgraded shares of Clearfield from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $50.00 price target on shares of Clearfield in a report on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Clearfield presently has a consensus rating of “Moderate Buy” and an average price target of $46.75.

Clearfield Stock Performance

NASDAQ:CLFD opened at $32.74 on Wednesday. The company has a market cap of $467.85 million, a P/E ratio of -38.52 and a beta of 1.28. Clearfield has a twelve month low of $24.78 and a twelve month high of $44.83. The company’s 50-day moving average price is $33.92 and its 200-day moving average price is $37.07. The company has a current ratio of 9.43, a quick ratio of 6.69 and a debt-to-equity ratio of 0.01.

Clearfield (NASDAQ:CLFD) last announced its quarterly earnings data on Thursday, November 7th. The communications equipment provider reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.13. Clearfield had a negative return on equity of 4.41% and a negative net margin of 7.47%. The company had revenue of $46.80 million for the quarter, compared to analyst estimates of $41.95 million. During the same quarter last year, the firm posted $0.17 EPS. The firm’s revenue for the quarter was down 5.8% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CLFD. Concurrent Investment Advisors LLC acquired a new position in shares of Clearfield in the 2nd quarter worth approximately $835,000. Creative Planning lifted its stake in Clearfield by 2.5% during the second quarter. Creative Planning now owns 98,088 shares of the communications equipment provider’s stock worth $3,782,000 after purchasing an additional 2,426 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Clearfield by 83.2% during the second quarter. Dimensional Fund Advisors LP now owns 228,173 shares of the communications equipment provider’s stock worth $8,798,000 after buying an additional 103,648 shares during the period. Segall Bryant & Hamill LLC grew its stake in shares of Clearfield by 12.2% in the third quarter. Segall Bryant & Hamill LLC now owns 249,087 shares of the communications equipment provider’s stock valued at $9,704,000 after buying an additional 27,178 shares in the last quarter. Finally, Select Equity Group L.P. purchased a new stake in shares of Clearfield in the 2nd quarter valued at $453,000. Hedge funds and other institutional investors own 88.73% of the company’s stock.

Insiders Place Their Bets

In related news, Chairman Ronald G. Roth acquired 5,000 shares of Clearfield stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average cost of $31.00 per share, for a total transaction of $155,000.00. Following the acquisition, the chairman now owns 1,266,796 shares in the company, valued at approximately $39,270,676. This represents a 0.40 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 16.00% of the stock is owned by insiders.

Clearfield Company Profile

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.