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

Clearfield, Inc. (NASDAQ:CLFD) has been given a consensus recommendation of “Buy” by the seven analysts that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $43.50.

A number of equities analysts have weighed in on the stock. Lake Street Capital dropped their price target on shares of Clearfield from $52.00 to $41.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Needham & Company LLC lowered their price objective on Clearfield from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Weiss Ratings restated a “hold (c-)” rating on shares of Clearfield in a research note on Wednesday, October 8th. Northland Securities upgraded shares of Clearfield from a “market perform” rating to an “outperform” rating and set a $45.00 price objective on the stock in a research report on Wednesday, November 26th. Finally, Roth Capital dropped their target price on shares of Clearfield from $50.00 to $43.00 and set a “buy” rating for the company in a research report on Tuesday, November 25th.

Insider Buying and Selling

In other news, Chairman Ronald G. Roth purchased 10,000 shares of the business’s stock in a transaction on Monday, December 15th. The stock was acquired at an average price of $30.06 per share, for a total transaction of $300,600.00. Following the acquisition, the chairman directly owned 1,279,264 shares of the company’s stock, valued at $38,454,675.84. This represents a 0.79% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 17.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Tudor Investment Corp ET AL lifted its stake in shares of Clearfield by 6.0% in the 3rd quarter. Tudor Investment Corp ET AL now owns 61,428 shares of the communications equipment provider’s stock valued at $2,112,000 after purchasing an additional 3,489 shares during the last quarter. Penn Capital Management Company LLC grew its holdings in Clearfield by 67.6% during the 3rd quarter. Penn Capital Management Company LLC now owns 11,335 shares of the communications equipment provider’s stock valued at $390,000 after purchasing an additional 4,570 shares during the last quarter. PharVision Advisers LLC purchased a new stake in Clearfield in the 3rd quarter worth about $244,000. Quarry LP bought a new stake in Clearfield in the third quarter worth about $42,000. Finally, Punch & Associates Investment Management Inc. boosted its position in shares of Clearfield by 48.4% during 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 buying an additional 85,610 shares during the period. 88.73% of the stock is currently owned by institutional investors.

Clearfield Price Performance

NASDAQ:CLFD opened at $29.63 on Wednesday. Clearfield has a one year low of $23.78 and a one year high of $46.76. The business has a fifty day moving average price of $31.61 and a 200-day moving average price of $35.50. The firm has a market capitalization of $410.08 million, a price-to-earnings ratio of -51.09 and a beta of 1.87.

Clearfield (NASDAQ:CLFD) last released its earnings results on Tuesday, November 25th. The communications equipment provider reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.04. Clearfield had a positive return on equity of 1.07% and a negative net margin of 4.65%.The company had revenue of $17.59 million for the quarter, compared to the consensus estimate of $49.55 million. Clearfield has set its Q1 2026 guidance at -0.080-0.000 EPS and its FY 2026 guidance at 0.480-0.620 EPS. On average, equities research analysts expect that Clearfield will post -0.29 earnings per share for the current fiscal year.

Clearfield declared that its Board of Directors has authorized a share buyback plan on Tuesday, November 25th that permits the company to buyback $85.00 million in shares. This buyback authorization permits the communications equipment provider to reacquire up to 22% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

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.