Clearfield (NASDAQ:CLFD) Issues Quarterly Earnings Results

Clearfield (NASDAQ:CLFD) announced its quarterly earnings results on Thursday. The communications equipment provider reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.13, Zacks reports. Clearfield had a negative return on equity of 4.41% and a negative net margin of 7.47%. Clearfield updated its Q2 2025 guidance to -0.200–0.160 EPS and its FY 2025 guidance to EPS.

Clearfield Trading Down 5.9 %

Shares of Clearfield stock opened at $34.75 on Friday. The business has a fifty day simple moving average of $34.07 and a 200-day simple moving average of $35.94. Clearfield has a fifty-two week low of $27.06 and a fifty-two week high of $44.83. The firm has a market cap of $491.02 million, a price-to-earnings ratio of -40.88 and a beta of 1.28. The company has a quick ratio of 6.69, a current ratio of 9.43 and a debt-to-equity ratio of 0.01.

Insider Buying and Selling

In other Clearfield news, Chairman Ronald G. Roth bought 5,000 shares of Clearfield stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average cost of $31.00 per share, for a total transaction of $155,000.00. Following the completion of the acquisition, the chairman now owns 1,266,796 shares of the company’s stock, valued at approximately $39,270,676. This represents a 0.40 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 17.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on CLFD shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Clearfield in a report on Friday. StockNews.com downgraded shares of Clearfield from a “hold” rating to a “sell” rating in a research report on Saturday, January 11th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Clearfield currently has an average rating of “Moderate Buy” and an average target price of $46.75.

Clearfield Company Profile

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.