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Clearfield (CLFD)
NASDAQ:CLFD
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CLFD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.91 - $44.83
Previous Close$39.52
Volume25.95K
Average Volume (3M)121.13K
Market Cap
$578.91M
Enterprise Value$457.37M
Total Cash (Recent Filing)$123.82M
Total Debt (Recent Filing)$18.51M
Price to Earnings (P/E)―
Beta1.00
Next Earnings
Nov 07, 2024EPS Estimate
-$0.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.60
Shares Outstanding14,237,943
10 Day Avg. Volume87,157
30 Day Avg. Volume121,134
Standard Deviation0.16
R-Squared0.18
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)2.05
Price to Sales (P/S)3.35
Price to Cash Flow (P/CF)36.70
P/FCF Ratio50.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.70
Enterprise Value/Gross Profit5.36
Enterprise Value/Ebitda-121.64
Forecast
1Y Price Target
$48.50Price Target Upside19.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Clearfield News
PremiumCompany Announcements
Clearfield Launches New Performance-Linked Incentive Plan
PremiumPre-Earnings
Clearfield (CLFD) Q3 Earnings Cheat Sheet
Bulls Say, Bears Say
Bulls Say
Financial PerformanceClearfield reported revenue and EPS above both estimates and guidance, with significant outperformance on the bottom line.
Gross MarginGross margin was a pleasant surprise in the quarter at 21.9%, up from 7.7% in FY2Q and better than the 14.0% estimate.
Growth CatalystsAnalyst maintains a Buy rating and raises the price target to $50 on strong growth catalysts on the horizon.
Bears Say
Gross MarginGross margin was 7.7%, down from 13.7% in FY1Q and down from 32.8% in FY2Q23.
Industry HeadwindsRecent headwinds have been seen by both the company and the broader fiber access industry.
Revenue ExpectationsManagement pushed out expectations for meaningful BEAD revenue until fiscal 2026.
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Ownership Overview
29.27% Insiders
31.92% Mutual Funds
34.77% Other Institutional Investors
4.03% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CLFD FAQ
What was Clearfield’s price range in the past 12 months?
Clearfield lowest stock price was $22.91 and its highest was $44.83 in the past 12 months.
What is Clearfield’s market cap?
Currently, no data Available
When is Clearfield’s upcoming earnings report date?
Clearfield’s upcoming earnings report date is Nov 07, 2024 which is in 48 days.
How were Clearfield’s earnings last quarter?
Clearfield released its earnings results on Aug 01, 2024. The company reported -$0.04 earnings per share for the quarter, beating the consensus estimate of -$0.345 by $0.305.
Is Clearfield overvalued?
According to Wall Street analysts Clearfield’s price is currently Undervalued.
Does Clearfield pay dividends?
Clearfield does not currently pay dividends.
What is Clearfield’s EPS estimate?
Clearfield’s EPS estimate is -$0.19.
How many shares outstanding does Clearfield have?
Clearfield has 14,237,943 shares outstanding.
What happened to Clearfield’s price movement after its last earnings report?
Clearfield reported an EPS of -$0.04 in its last earnings report, beating expectations of -$0.345. Following the earnings report the stock price went down -8.49%.
Which hedge fund is a major shareholder of Clearfield?
Among the largest hedge funds holding Clearfield’s share is ACK Asset Management LLC. It holds Clearfield’s shares valued at 27M.
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Clearfield Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$48.50 (19.28% Upside)
$48.50 (19.28% Upside)
Blogger Sentiment
Bullish
CLFD Sentiment 66%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 149.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $50.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 7.6%
Last 30 Days ▼ 7.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.34%
12-Months-Change
Fundamentals
Return on Equity
-3.05%
Trailing 12-Months
Asset Growth
-11.93%
Trailing 12-Months
Company Description
Clearfield
Clearfield, Inc. designs, manufactures, and distributes fiber optic management, protection and delivery products for communications networks. The firm's products include fiber cabinets, patch cards, assemblies, cassettes, frames, panels, microduct, terminals, vaults, wall boxes, and box enclosures. It offers its products under the Clearview brand. The company was founded in 1979 and is headquartered in Brooklyn Park, MN.
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CLFD Company Deck
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CLFD Earnings Call
Q3 2024
0:00 / 0:00
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CLFD Stock 12 Month Forecast
Average Price Target
$48.50
▲(19.28% Upside)
Technical Analysis
Best Analysts Covering CLFD
1 Year
1 Year Success Rate
15/21 ratings generated profit
1 Year Average Return
+33.10%
upgraded a buy rating 5 months ago
Copying Tim Savageaux's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +33.10% per trade.
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