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

Shares of Clearfield, Inc. (NASDAQ:CLFD) have earned an average rating of “Moderate Buy” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $43.75.

A number of equities research analysts have issued reports on CLFD shares. Roth Capital reissued a “buy” rating and set a $44.00 target price on shares of Clearfield in a research note on Monday, May 4th. Weiss Ratings downgraded shares of Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a research note on Monday, May 11th.

Insider Transactions at Clearfield

In related news, Director Walter Louis Jones, Jr. sold 2,391 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $46.05, for a total value of $110,105.55. Following the transaction, the director owned 8,682 shares in the company, valued at approximately $399,806.10. This represents a 21.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Anis Khemakhem sold 1,684 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $39.90, for a total transaction of $67,191.60. Following the transaction, the insider directly owned 25,126 shares in the company, valued at approximately $1,002,527.40. The trade was a 6.28% decrease in their position. The disclosure for this sale is available in the SEC filing. 17.80% of the stock is owned by company insiders.

Institutional Trading of Clearfield

Several large investors have recently added to or reduced their stakes in CLFD. Quarry LP bought a new position in shares of Clearfield during the 3rd quarter valued at $42,000. Los Angeles Capital Management LLC bought a new stake in Clearfield in the fourth quarter worth $63,000. Tower Research Capital LLC TRC increased its position in Clearfield by 116.3% during the second quarter. Tower Research Capital LLC TRC now owns 1,882 shares of the communications equipment provider’s stock worth $82,000 after buying an additional 1,012 shares during the last quarter. Strs Ohio acquired a new position in Clearfield during the first quarter worth $131,000. Finally, Quantbot Technologies LP bought a new position in Clearfield during the third quarter valued at about $202,000. 88.73% of the stock is owned by institutional investors.

Clearfield Price Performance

Shares of CLFD opened at $33.77 on Friday. The company has a market capitalization of $458.93 million, a price-to-earnings ratio of -54.47 and a beta of 2.11. Clearfield has a fifty-two week low of $23.76 and a fifty-two week high of $52.73. The business’s 50-day moving average is $39.98 and its 200-day moving average is $33.49.

Clearfield (NASDAQ:CLFD) last posted its quarterly earnings results on Wednesday, May 6th. The communications equipment provider reported ($0.04) EPS for the quarter, hitting the consensus estimate of ($0.04). Clearfield had a negative net margin of 5.41% and a positive return on equity of 1.03%. The business had revenue of $34.39 million during the quarter, compared to analysts’ expectations of $33.58 million. Clearfield has set its Q3 2026 guidance at 0.170-0.210 EPS. Equities research analysts expect that Clearfield will post 0.52 earnings per share for the current fiscal year.

Clearfield Company Profile

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.