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Clearfield (CLFD)
NASDAQ:CLFD
Clearfield (CLFD) Stock Price & Analysis
476 Followers
CLFD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.91 - $48.62
Previous Close$40.45
Volume24.37K
Average Volume (3M)156.05K
Market Cap
$578.87M
Enterprise Value$428.90M
Total Cash (Recent Filing)$162.84M
Total Debt (Recent Filing)$16.00M
Price to Earnings (P/E)―
Beta1.30
Next Earnings
Aug 01, 2024EPS Estimate
-$0.35Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.23
Shares Outstanding14,233,283
10 Day Avg. Volume120,774
30 Day Avg. Volume156,050
Standard Deviation0.16
R-Squared0.19
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.86
Price to Sales (P/S)10.75
Price to Cash Flow (P/CF)17.10
P/FCF Ratio24.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.98
Enterprise Value/Gross Profit5.03
Enterprise Value/Ebitda29.70
Forecast
1Y Price Target
$37.67Price Target Upside-7.38% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Clearfield News
Bulls Say, Bears Say
Bulls Say
EarningsClearfield reported revenue and EPS above both estimates and guidance.
Market RecoveryThere is optimism about an industry recovery and share gains by the company.
Share BuybackClearfield repurchased $15.5M shares under its buyback and increased the authorization from $40M to $65M, leaving $30.4M available to use.
Bears Say
Earnings PressureGross margin is unlikely to return to a more normalized level until FY2H25, which will continue to pressure earnings.
Industry ChallengesRecent headwinds have been seen by both the company and the broader fiber access industry.
Revenue GrowthA strong growth revenue inflection is unlikely to occur until the first half of 2025.
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Ownership Overview
29.29% Insiders
31.88% Mutual Funds
12.74% Other Institutional Investors
26.09% 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 $48.62 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 Aug 01, 2024 which is in 9 days.
How were Clearfield’s earnings last quarter?
Clearfield released its earnings results on May 02, 2024. The company reported -$0.4 earnings per share for the quarter, beating the consensus estimate of -$0.522 by $0.122.
Is Clearfield overvalued?
According to Wall Street analysts Clearfield’s price is currently Overvalued.
Does Clearfield pay dividends?
Clearfield does not currently pay dividends.
What is Clearfield’s EPS estimate?
Clearfield’s EPS estimate is -$0.35.
How many shares outstanding does Clearfield have?
Clearfield has 14,233,283 shares outstanding.
What happened to Clearfield’s price movement after its last earnings report?
Clearfield reported an EPS of -$0.4 in its last earnings report, beating expectations of -$0.522. Following the earnings report the stock price went up 13.225%.
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 21M.
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Clearfield Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$37.67 (-7.38% Downside)
$37.67 (-7.38% Downside)
Blogger Sentiment
Bullish
CLFD Sentiment 66%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 297.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $92.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.4%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-16.49%
12-Months-Change
Fundamentals
Return on Equity
-1.12%
Trailing 12-Months
Asset Growth
-11.75%
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
Q2 2024
0:00 / 0:00
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CLFD Stock 12 Month Forecast
Average Price Target
$37.67
▼(-7.38% Downside)
Technical Analysis
Best Analysts Covering CLFD
1 Year
1 Year Success Rate
15/21 ratings generated profit
1 Year Average Return
+33.23%
upgraded a buy rating 3 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 +33.23% per trade.
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