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

Shares of Clearfield, Inc. (NASDAQ:CLFD) have earned an average rating of “Moderate Buy” from the seven brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $43.50.

A number of equities analysts have recently weighed in on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Clearfield in a research note on Wednesday, January 21st. Zacks Research downgraded Clearfield from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th.

Clearfield Stock Up 4.1%

Shares of NASDAQ CLFD opened at $31.21 on Tuesday. Clearfield has a twelve month low of $23.76 and a twelve month high of $46.76. The stock’s 50 day moving average price is $29.55 and its 200-day moving average price is $30.87. The company has a market capitalization of $427.26 million, a PE ratio of -63.69 and a beta of 2.00.

Clearfield (NASDAQ:CLFD) last announced its earnings results on Wednesday, February 4th. The communications equipment provider reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.02. Clearfield had a positive return on equity of 1.72% and a negative net margin of 3.93%.The firm had revenue of $34.34 million for the quarter, compared to the consensus estimate of $31.77 million. Clearfield has set its FY 2026 guidance at 0.480-0.620 EPS and its Q2 2026 guidance at -0.100–0.020 EPS. As a group, research analysts expect that Clearfield will post 0.67 EPS for the current fiscal year.

Insider Transactions at Clearfield

In other Clearfield news, Director Donald R. Hayward sold 3,595 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $32.00, for a total transaction of $115,040.00. Following the sale, the director owned 10,870 shares of the company’s stock, valued at $347,840. The trade was a 24.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 17.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Clearfield

A number of hedge funds and other institutional investors have recently bought and sold shares of CLFD. Cooper Creek Partners Management LLC raised its holdings in Clearfield by 1,705.7% during the 3rd 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 during the period. Ancora Advisors LLC increased its stake 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 during the last quarter. Russell Investments Group Ltd. increased its stake 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 during the last quarter. Punch & Associates Investment Management Inc. increased its stake 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 during the last quarter. Finally, Boothbay Fund Management LLC purchased a new stake in Clearfield during the second quarter valued at about $2,307,000. Institutional investors own 88.73% of the company’s stock.

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.