Clearfield, Inc. (NASDAQ:CLFD) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Clearfield, Inc. (NASDAQ:CLFD) has been assigned an average rating of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $43.75.

CLFD has been the topic of a number of recent analyst reports. Weiss Ratings cut shares of Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a report on Monday. Roth Mkm restated a “buy” rating and issued a $44.00 price target on shares of Clearfield in a report on Monday, May 4th. Finally, Zacks Research cut shares of Clearfield from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th.

Clearfield Stock Performance

Shares of CLFD opened at $43.50 on Friday. Clearfield has a fifty-two week low of $23.76 and a fifty-two week high of $46.76. The stock has a market capitalization of $591.17 million, a PE ratio of -70.16 and a beta of 1.90. The company has a 50 day moving average price of $30.62 and a 200-day moving average price of $30.84.

Clearfield (NASDAQ:CLFD) last released its quarterly earnings results on Wednesday, May 6th. The communications equipment provider reported ($0.04) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.04). Clearfield had a negative net margin of 5.41% and a positive return on equity of 1.03%. The business had revenue of $34.39 million for the quarter, compared to analysts’ expectations of $33.58 million. Clearfield has set its Q3 2026 guidance at 0.170-0.210 EPS. Equities research analysts forecast that Clearfield will post 0.52 EPS for the current year.

Insider Transactions at Clearfield

In other news, Director Donald R. Hayward sold 3,595 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $32.00, for a total value of $115,040.00. Following the sale, the director directly owned 10,870 shares in the company, valued at approximately $347,840. This trade represents a 24.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Walter Louis Jones, Jr. sold 2,391 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $46.05, for a total transaction of $110,105.55. Following the completion of the sale, the director owned 8,682 shares in the company, valued at $399,806.10. This represents a 21.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 17.80% of the stock is currently owned by company insiders.

Institutional Trading of Clearfield

A number of institutional investors have recently bought and sold shares of CLFD. Quarry LP acquired a new stake in Clearfield in the 3rd quarter worth approximately $42,000. Los Angeles Capital Management LLC acquired a new stake in Clearfield in the 4th quarter worth approximately $63,000. Tower Research Capital LLC TRC boosted its stake 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 purchasing an additional 1,012 shares in the last quarter. Strs Ohio acquired a new stake in Clearfield in the 1st quarter worth approximately $131,000. Finally, Quantbot Technologies LP acquired a new stake in Clearfield in the 3rd quarter worth approximately $202,000. 88.73% of the stock is currently owned by institutional investors and hedge funds.

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.