Clearfield, Inc. (NASDAQ:CLFD - Free Report) - Analysts at Northland Capmk upped their Q4 2025 earnings per share estimates for shares of Clearfield in a research report issued on Friday, November 8th. Northland Capmk analyst T. Savageaux now expects that the communications equipment provider will earn $0.19 per share for the quarter, up from their previous forecast of $0.17. The consensus estimate for Clearfield's current full-year earnings is ($0.98) per share.
Several other equities research analysts also recently weighed in on CLFD. Lake Street Capital upgraded Clearfield from a "hold" rating to a "buy" rating and upped their price target for the stock from $31.00 to $47.00 in a report on Friday, August 2nd. Roth Mkm lowered their price objective on Clearfield from $47.00 to $45.00 and set a "buy" rating for the company in a research report on Friday, August 2nd. Northland Securities upped their price objective on Clearfield from $40.00 to $45.00 and gave the stock an "outperform" rating in a research report on Friday, August 2nd. Needham & Company LLC reaffirmed a "buy" rating and set a $50.00 price objective on shares of Clearfield in a research report on Friday. Finally, StockNews.com raised Clearfield from a "sell" rating to a "hold" rating in a research report on Thursday. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $46.75.
Read Our Latest Analysis on CLFD
Shares of NASDAQ CLFD opened at $34.20 on Monday. The stock's 50-day moving average is $37.49 and its two-hundred day moving average is $37.70. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.38 and a quick ratio of 5.73. Clearfield has a 1-year low of $23.45 and a 1-year high of $44.83. The company has a market cap of $487.01 million, a price-to-earnings ratio of -55.16 and a beta of 1.35.
Clearfield (NASDAQ:CLFD - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.13. Clearfield had a negative return on equity of 3.06% and a negative net margin of 5.26%. The company had revenue of $46.80 million for the quarter, compared to the consensus estimate of $41.95 million. During the same quarter in the prior year, the business earned $0.17 EPS. Clearfield's revenue was down 5.8% on a year-over-year basis.
Large investors have recently made changes to their positions in the company. Redwood Wealth Management Group LLC acquired a new stake in shares of Clearfield in the 2nd quarter valued at about $75,000. Canada Pension Plan Investment Board acquired a new stake in shares of Clearfield in the 2nd quarter valued at about $85,000. SG Americas Securities LLC acquired a new stake in Clearfield during the 2nd quarter worth approximately $130,000. Squarepoint Ops LLC acquired a new stake in Clearfield during the 2nd quarter worth approximately $217,000. Finally, Moody National Bank Trust Division acquired a new stake in Clearfield during the 2nd quarter worth approximately $252,000. 88.73% of the stock is owned by institutional investors and hedge funds.
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.
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