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

Clearfield, Inc. (NASDAQ:CLFD) has been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $43.50.

CLFD has been the topic of several recent analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Clearfield in a report on Monday. Zacks Research downgraded shares of Clearfield from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th.

Insider Activity

In other news, Director Donald R. Hayward sold 3,595 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $32.00, for a total transaction of $115,040.00. Following the transaction, the director owned 10,870 shares in the company, valued at $347,840. This represents a 24.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 17.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Clearfield

Several hedge funds have recently modified their holdings of CLFD. Quarry LP acquired a new position in shares of Clearfield during the third quarter valued at about $42,000. Los Angeles Capital Management LLC acquired a new position in Clearfield in the 4th quarter worth approximately $63,000. Tower Research Capital LLC TRC increased its holdings in Clearfield by 116.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,882 shares of the communications equipment provider’s stock worth $82,000 after buying an additional 1,012 shares during the period. Strs Ohio acquired a new position in Clearfield in the 1st quarter worth approximately $131,000. Finally, Quantbot Technologies LP acquired a new position in Clearfield in the 3rd quarter worth approximately $202,000. Institutional investors and hedge funds own 88.73% of the company’s stock.

Clearfield Stock Performance

Shares of NASDAQ CLFD opened at $30.37 on Tuesday. The company has a market cap of $415.77 million, a PE ratio of -61.98 and a beta of 2.00. The business has a 50-day simple moving average of $29.53 and a two-hundred day simple moving average of $30.84. Clearfield has a fifty-two week low of $23.76 and a fifty-two week high of $46.76.

Clearfield (NASDAQ:CLFD) last posted its quarterly earnings data on Wednesday, February 4th. The communications equipment provider reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.02. Clearfield had a negative net margin of 3.93% and a positive return on equity of 1.72%. The firm had revenue of $34.34 million for the quarter, compared to the consensus estimate of $31.77 million. Clearfield has set its FY 2026 guidance at 0.480-0.620 EPS and its Q2 2026 guidance at -0.100–0.020 EPS. On average, sell-side analysts predict that Clearfield will post 0.67 earnings per share for the current fiscal year.

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.