Clearfield, Inc. (CLFD)
| Market Cap | 443.60M |
| Revenue (ttm) | 268.72M |
| Net Income (ttm) | 32.53M |
| Shares Out | 15.25M |
| EPS (ttm) | 2.17 |
| PE Ratio | 13.40 |
| Forward PE | 30.67 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 191,084 |
| Open | 29.74 |
| Previous Close | 29.64 |
| Day's Range | 28.89 - 29.80 |
| 52-Week Range | 22.91 - 100.00 |
| Beta | 1.39 |
| Analysts | Buy |
| Price Target | 71.40 (+145.53%) |
| Earnings Date | Feb 1, 2024 |
About CLFD
Clearfield, Inc. manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products. It also provides CraftSmart FiberFirst pedestals, an access terminal that offers a cable management and mounting bracke... [Read more]
Financial Performance
In 2023, Clearfield's revenue was $268.72 million, a decrease of -0.80% compared to the previous year's $270.88 million. Earnings were $32.53 million, a decrease of -34.09%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for CLFD stock is "Buy." The 12-month stock price forecast is $71.4, which is an increase of 145.53% from the latest price.
News
EY Announces Cheri Beranek of Clearfield, Inc. as an Entrepreneur Of The Year® 2023 National Award Winner
MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Ernst & Young LLP (EY US) announced that Cheri Beranek, president and CEO of Clearfield, Inc. (NASDAQ: CLFD), was named an Entrepreneur Of The Year® 2023 Nat...
Clearfield Announces Increase to Share Repurchase Program
MINNEAPOLIS, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its Board of Directors has authorized an incr...
Clearfield to Present at the Needham Virtual Security, Networking, & Communications Conference
MINNEAPOLIS--(BUSINESS WIRE)-- #Clearfield--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, will participate in a fireside chat at the Needham Virtual Security, ...
Clearfield Sets Fiscal Fourth Quarter and Full Year 2023 Earnings Call for Thursday, November 9, 2023
MINNEAPOLIS, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its fourth quarter and fiscal year ended Sept...
Clearfield Sizes Active Cabinet to Expand Fiber First Mover Deployments
MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the FieldSmart® FiberFlex 1700 active cabinet, an all-i...
Clearfield Delivers FiberFirst 6-inch Pedestal to Facilitate Fiber Homes Connected
MINNEAPOLIS--(BUSINESS WIRE)-- #BABA--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced the CraftSmart® FiberFirst 6-inch Pedestal, a compact, secu...
Clearfield Blows Past Traditional MPO Limits with FieldShield® Blowable MPO Fibre Assemblies
LONDON--(BUSINESS WIRE)-- #Clearfield--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fibre connectivity, today announced the launch of its FieldShield blowable MPO fibre assemblies...
Clearfield's SeeChange Honored with 2023 ISE Network Innovator Award
MINNEAPOLIS--(BUSINESS WIRE)-- #ISE--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced that its SeeChange® Access Terminal and Hardened Connector Sy...
Clearfield Improves First Pass Yield in Fiber Networks by Expanding Product Line to Include ClearPass™ Dust Cap
MINNEAPOLIS--(BUSINESS WIRE)-- #FiberConnect23--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the product launch of the ClearPass™ Dust Cap. Cle...
Clearfield, Inc. to Share Expertise at Fiber Connect 2023
MINNEAPOLIS--(BUSINESS WIRE)-- #FiberConnect23--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, announced that it has been accepted to speak at the Fiber Broadba...
UPDATE -- Clearfield Reports Fiscal Third Quarter 2023 Results
MINNEAPOLIS, Aug. 03, 2023 (GLOBE NEWSWIRE) -- In the release issued earlier today by Clearfield, Inc. (NASDAQ: CLFD) under the same headline, please note that the updated press release below now incl...
EY Announces Clearfield's Cheri Beranek as an Entrepreneur Of The Year® 2023 Heartland Award Winner
MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Ernst & Young LLP (EY US) today announced that Cheri Beranek, CEO of Clearfield, was named an Entrepreneur Of The Year® 2023 Heartland Award winner. The Entr...
Clearfield to Present at the 51st Annual TD Cowen Technology, Media & Telecom Conference on May 31, 2023
MINNEAPOLIS--(BUSINESS WIRE)--Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications providers, will be presenting at the 51st Annual TD Cowen Technology, Media & Telec...
Clearfield Reports Fiscal Second Quarter 2023 Results
MINNEAPOLIS, May 04, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the second quarter of fiscal 2023.
Clearfield Sets Fiscal Second Quarter 2023 Earnings Call for Thursday, May 4, 2023
MINNEAPOLIS, April 20, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications providers, will hold a conference call on Thursday, May 4, 2023 a...
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Clearfield to Participate in the 35th Annual ROTH Conference
MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, is scheduled to participate in the 35th Annual ROTH Conference, which ...
Clearfield® SeeChange™ Helps Operators Speed Fiber Deployments as FTTx and 5G Networks Ramp
MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the SeeChange™ Terminal and hardened connector system. ...
Clearfield Reports Fiscal First Quarter 2023 Results
MINNEAPOLIS, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the fiscal first quarter of 2023.
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The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when...
Clearfield® Reaches Milestone of Over 50 Million Ports In-Market
MINNEAPOLIS--(BUSINESS WIRE)--Clearfield, Inc. (NASDAQ:CLFD), the specialist in fiber management for communication service providers, today announced the supplying of over 50 million fiber ports of ...
Clearfield Sets Fiscal First Quarter 2023 Earnings Call for Thursday, February 2, 2023 at 5:00 p.m. ET
MINNEAPOLIS, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications providers, will hold a conference call on Thursday, February 2, 20...
Clearfield to Participate in the 25th Annual Needham Growth Conference on January 10-11, 2023
MINNEAPOLIS--(BUSINESS WIRE)--Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications providers, will participate in the 25th Annual Needham Growth Conference on Janua...
Jim Cramer digs into his thoughts on Clearfield stock
Cramer gave his thoughts on Clearfield and its stock on Wednesday.