Clearfield (NASDAQ:CLFD – Get Free Report) announced its quarterly earnings results on Thursday. The communications equipment provider reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.13, Zacks reports. Clearfield had a negative net margin of 7.47% and a negative return on equity of 4.41%. Clearfield updated its Q2 2025 guidance to -0.200–0.160 EPS and its FY 2025 guidance to EPS.
Clearfield Stock Performance
Shares of CLFD opened at $36.87 on Friday. The stock has a 50 day moving average of $33.93 and a 200 day moving average of $35.93. The company has a market capitalization of $520.96 million, a price-to-earnings ratio of -43.36 and a beta of 1.28. Clearfield has a 12 month low of $27.06 and a 12 month high of $44.83. The company has a current ratio of 9.43, a quick ratio of 6.69 and a debt-to-equity ratio of 0.01.
Analyst Upgrades and Downgrades
CLFD has been the topic of a number of recent research reports. StockNews.com lowered Clearfield from a “hold” rating to a “sell” rating in a report on Saturday, January 11th. Needham & Company LLC restated a “buy” rating and set a $50.00 price objective on shares of Clearfield in a research note on Friday. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Clearfield currently has a consensus rating of “Moderate Buy” and an average target price of $46.75.
Insiders Place Their Bets
In other news, Chairman Ronald G. Roth acquired 5,000 shares of Clearfield stock in a transaction on Thursday, December 5th. The stock was acquired at an average cost of $31.00 per share, with a total value of $155,000.00. Following the completion of the acquisition, the chairman now owns 1,266,796 shares in the company, valued at approximately $39,270,676. This trade represents a 0.40 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 17.80% of the company’s stock.
Clearfield Company Profile
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.
Read More
- Five stocks we like better than Clearfield
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Broadcom’s Bull Run: Time to Jump In?
- Differences Between Momentum Investing and Long Term Investing
- Uber’s Business, Cash Flow, and AI are Why it Will Set a New High
- Do ETFs Pay Dividends? What You Need to Know
- Weak Guidance from Bristol-Myers Could Be Creating an Opportunity
Receive News & Ratings for Clearfield Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clearfield and related companies with MarketBeat.com's FREE daily email newsletter.