Clearfield, Inc. (NASDAQ:CLFD) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Clearfield, Inc. (NASDAQ:CLFD) have been assigned an average rating of “Moderate Buy” from the seven ratings firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $43.75.

Several brokerages recently weighed in on CLFD. Roth Mkm reaffirmed a “buy” rating and issued a $44.00 target price on shares of Clearfield in a report on Monday, May 4th. Weiss Ratings cut shares of Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a report on Monday, May 11th.

Insiders Place Their Bets

In related news, Director Walter Louis Jones, Jr. sold 2,391 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $46.05, for a total value of $110,105.55. Following the sale, the director owned 8,682 shares of the company’s stock, valued at $399,806.10. This trade represents a 21.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 17.80% of the stock is currently owned by company insiders.

Institutional Trading of Clearfield

Several hedge funds have recently added to or reduced their stakes in CLFD. Cooper Creek Partners Management LLC raised its holdings in Clearfield by 1,705.7% in the third quarter. Cooper Creek Partners Management LLC now owns 479,741 shares of the communications equipment provider’s stock valued at $16,493,000 after acquiring an additional 453,173 shares in the last quarter. Ancora Advisors LLC raised its holdings in Clearfield by 445.2% in the third quarter. Ancora Advisors LLC now owns 179,640 shares of the communications equipment provider’s stock valued at $6,176,000 after acquiring an additional 146,690 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Clearfield by 286.3% in the third quarter. Russell Investments Group Ltd. now owns 156,014 shares of the communications equipment provider’s stock valued at $5,364,000 after acquiring an additional 115,626 shares in the last quarter. Punch & Associates Investment Management Inc. raised its holdings in Clearfield by 48.4% in the third quarter. Punch & Associates Investment Management Inc. now owns 262,610 shares of the communications equipment provider’s stock valued at $9,029,000 after acquiring an additional 85,610 shares in the last quarter. Finally, Boothbay Fund Management LLC acquired a new stake in Clearfield during the second quarter worth approximately $2,307,000. Institutional investors and hedge funds own 88.73% of the company’s stock.

Clearfield Stock Performance

NASDAQ CLFD opened at $39.37 on Wednesday. The firm has a 50 day simple moving average of $35.86 and a 200-day simple moving average of $32.17. Clearfield has a one year low of $23.76 and a one year high of $52.73. The firm has a market cap of $535.04 million, a price-to-earnings ratio of -63.50 and a beta of 2.08.

Clearfield (NASDAQ:CLFD) last posted its quarterly earnings data on Wednesday, May 6th. The communications equipment provider reported ($0.04) EPS for the quarter, meeting 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 analyst estimates of $33.58 million. Clearfield has set its Q3 2026 guidance at 0.170-0.210 EPS. Equities analysts predict that Clearfield will post 0.52 EPS 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.