Clearfield, Inc. (NASDAQ:CLFD – Free Report) – Analysts at Roth Capital reduced their Q4 2025 earnings per share estimates for Clearfield in a report released on Friday, August 2nd. Roth Capital analyst S. Searle now expects that the communications equipment provider will post earnings per share of $0.44 for the quarter, down from their previous estimate of $0.52. The consensus estimate for Clearfield’s current full-year earnings is ($1.26) per share.
A number of other brokerages have also recently commented on CLFD. StockNews.com raised Clearfield to a “sell” rating in a report on Monday. Northland Securities boosted their price objective on Clearfield from $40.00 to $45.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. Needham & Company LLC raised their target price on shares of Clearfield from $42.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday. Roth Mkm dropped their price target on shares of Clearfield from $47.00 to $45.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Finally, Lake Street Capital raised shares of Clearfield from a “hold” rating to a “buy” rating and increased their price objective for the stock from $31.00 to $47.00 in a research note on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.75.
Clearfield Trading Up 2.1 %
CLFD opened at $38.30 on Monday. Clearfield has a 1-year low of $22.91 and a 1-year high of $44.83. The firm’s 50 day simple moving average is $39.26 and its two-hundred day simple moving average is $33.64. The company has a market capitalization of $545.12 million, a PE ratio of -153.20 and a beta of 1.39.
Clearfield (NASDAQ:CLFD – Get Free Report) last announced its earnings results on Thursday, August 1st. The communications equipment provider reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.34) by $0.30. The company had revenue of $48.79 million during the quarter, compared to analyst estimates of $42.13 million. Clearfield had a negative net margin of 5.26% and a negative return on equity of 3.00%. The firm’s quarterly revenue was down 20.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.33 earnings per share.
Institutional Trading of Clearfield
Several hedge funds have recently bought and sold shares of CLFD. Principal Securities Inc. bought a new stake in shares of Clearfield in the fourth quarter worth about $25,000. Parkside Financial Bank & Trust raised its holdings in shares of Clearfield by 134.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,130 shares of the communications equipment provider’s stock worth $33,000 after acquiring an additional 648 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Clearfield by 70.4% during the 4th quarter. Victory Capital Management Inc. now owns 2,082 shares of the communications equipment provider’s stock valued at $61,000 after acquiring an additional 860 shares during the last quarter. CWM LLC grew its holdings in shares of Clearfield by 28.1% in the fourth quarter. CWM LLC now owns 2,936 shares of the communications equipment provider’s stock valued at $85,000 after purchasing an additional 644 shares in the last quarter. Finally, Cetera Trust Company N.A bought a new stake in Clearfield in the fourth quarter worth $124,000. Hedge funds and other institutional investors own 88.73% of the company’s stock.
Insider Activity at Clearfield
In other Clearfield news, Chairman Ronald G. Roth purchased 2,000 shares of the company’s stock in a transaction on Thursday, May 23rd. The stock was acquired at an average cost of $36.40 per share, for a total transaction of $72,800.00. Following the purchase, the chairman now directly owns 1,261,796 shares of the company’s stock, valued at approximately $45,929,374.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 16.00% of the stock is owned by corporate insiders.
About Clearfield
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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