Clearfield, Inc. (NASDAQ:CLFD) Receives $43.50 Average Target Price from Brokerages

Shares of Clearfield, Inc. (NASDAQ:CLFD) have earned a consensus recommendation of “Buy” from the eight ratings firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $43.50.

Several equities research analysts have recently issued reports on CLFD shares. Roth Capital decreased their price target on shares of Clearfield from $50.00 to $43.00 and set a “buy” rating for the company in a research note on Tuesday, November 25th. Needham & Company LLC lowered their target price on Clearfield from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Northland Securities upgraded Clearfield from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research note on Wednesday, November 26th. UBS Group reissued a “buy” rating on shares of Clearfield in a report on Wednesday, November 26th. Finally, Zacks Research raised shares of Clearfield from a “hold” rating to a “strong-buy” rating in a report on Friday, January 9th.

Clearfield Price Performance

Shares of Clearfield stock opened at $31.79 on Friday. The firm has a market cap of $439.97 million, a PE ratio of -54.81 and a beta of 1.88. Clearfield has a 1 year low of $23.78 and a 1 year high of $46.76. The stock has a fifty day moving average price of $29.97 and a 200-day moving average price of $34.45.

Clearfield (NASDAQ:CLFD) last posted its quarterly earnings results on Tuesday, November 25th. The communications equipment provider reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.04. Clearfield had a negative net margin of 4.65% and a positive return on equity of 1.07%. The company had revenue of $17.59 million during the quarter, compared to analyst estimates of $49.55 million. Clearfield has set its Q1 2026 guidance at -0.080-0.000 EPS and its FY 2026 guidance at 0.480-0.620 EPS. As a group, equities analysts anticipate that Clearfield will post -0.29 EPS for the current fiscal year.

Clearfield announced that its Board of Directors has approved a share buyback plan on Tuesday, November 25th that allows the company to buyback $85.00 million in outstanding shares. This buyback authorization allows the communications equipment provider to purchase up to 22% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other Clearfield news, Chairman Ronald G. Roth bought 10,000 shares of the stock in a transaction on Monday, December 15th. The shares were acquired at an average price of $30.06 per share, with a total value of $300,600.00. Following the acquisition, the chairman directly owned 1,279,264 shares of the company’s stock, valued at $38,454,675.84. The trade was a 0.79% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 17.80% of the company’s stock.

Institutional Trading of Clearfield

A number of hedge funds and other institutional investors have recently made changes to their positions in CLFD. Cooper Creek Partners Management LLC lifted its holdings in Clearfield by 1,705.7% during the 3rd quarter. Cooper Creek Partners Management LLC now owns 479,741 shares of the communications equipment provider’s stock worth $16,493,000 after purchasing an additional 453,173 shares in the last quarter. G2 Investment Partners Management LLC bought a new stake in shares of Clearfield during the second quarter valued at about $10,022,000. Ancora Advisors LLC lifted its holdings in shares of Clearfield by 445.2% in the third quarter. Ancora Advisors LLC now owns 179,640 shares of the communications equipment provider’s stock worth $6,176,000 after buying an additional 146,690 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Clearfield by 286.3% in the third quarter. Russell Investments Group Ltd. now owns 156,014 shares of the communications equipment provider’s stock worth $5,364,000 after buying an additional 115,626 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. boosted its position in shares of Clearfield by 48.4% in the third quarter. Punch & Associates Investment Management Inc. now owns 262,610 shares of the communications equipment provider’s stock valued at $9,029,000 after acquiring an additional 85,610 shares during the period. 88.73% of the stock is currently owned by institutional investors.

Clearfield Company Profile

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.