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

Shares of Clearfield, Inc. (NASDAQ:CLFD) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $43.50.

A number of brokerages recently issued reports on CLFD. Weiss Ratings restated a “hold (c-)” rating on shares of Clearfield in a research report on Wednesday, January 21st. Zacks Research lowered shares of Clearfield from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th.

Clearfield Price Performance

Shares of NASDAQ CLFD opened at $26.61 on Friday. The firm’s 50-day moving average is $30.21 and its two-hundred day moving average is $31.44. The company has a market capitalization of $364.29 million, a PE ratio of -54.31 and a beta of 2.00. Clearfield has a 12-month low of $23.76 and a 12-month high of $46.76.

Clearfield (NASDAQ:CLFD) last released its quarterly earnings results on Wednesday, February 4th. The communications equipment provider reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.02. The company had revenue of $34.34 million during the quarter, compared to the consensus estimate of $31.77 million. Clearfield had a positive return on equity of 1.72% and a negative net margin of 3.93%.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, analysts forecast that Clearfield will post -0.29 EPS for the current fiscal year.

Insider Buying and Selling at Clearfield

In related news, Director Donald R. Hayward sold 3,595 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $32.00, for a total value of $115,040.00. Following the transaction, the director directly owned 10,870 shares of the company’s stock, valued at approximately $347,840. This trade represents a 24.85% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 17.80% of the company’s stock.

Institutional Trading of Clearfield

A number of institutional investors and hedge funds have recently bought and sold shares of CLFD. Invesco Ltd. increased its position in shares of Clearfield by 9.0% in the fourth quarter. Invesco Ltd. now owns 29,593 shares of the communications equipment provider’s stock worth $863,000 after acquiring an additional 2,434 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Clearfield during the fourth quarter worth about $445,000. Tudor Investment Corp ET AL increased its holdings in Clearfield by 31.1% during the 4th quarter. Tudor Investment Corp ET AL now owns 80,507 shares of the communications equipment provider’s stock worth $2,347,000 after purchasing an additional 19,079 shares during the last quarter. Millennium Management LLC raised its position in shares of Clearfield by 9.5% in the 4th quarter. Millennium Management LLC now owns 41,831 shares of the communications equipment provider’s stock valued at $1,219,000 after purchasing an additional 3,635 shares in the last quarter. Finally, Trexquant Investment LP boosted its stake in shares of Clearfield by 20.9% during the 4th quarter. Trexquant Investment LP now owns 107,416 shares of the communications equipment provider’s stock valued at $3,131,000 after buying an additional 18,550 shares during the last quarter. Institutional investors and hedge funds own 88.73% of the company’s stock.

About Clearfield

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.