News articles about Clearfield (NASDAQ:CLFD) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Clearfield earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media coverage about the communications equipment provider an impact score of 46.3283793717912 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

A number of research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Clearfield from a “hold” rating to a “sell” rating in a research note on Tuesday, January 16th. Northland Securities set a $15.00 price target on shares of Clearfield and gave the company a “buy” rating in a research note on Tuesday, October 17th. Finally, Lake Street Capital reaffirmed a “buy” rating on shares of Clearfield in a research note on Saturday, December 30th.

Shares of Clearfield (NASDAQ CLFD) traded down $0.25 during trading on Tuesday, reaching $12.15. 4,600 shares of the company were exchanged, compared to its average volume of 21,221. The stock has a market cap of $171.25, a price-to-earnings ratio of 43.39 and a beta of 1.26. Clearfield has a 1 year low of $11.00 and a 1 year high of $19.45.

Clearfield (NASDAQ:CLFD) last issued its quarterly earnings results on Thursday, November 9th. The communications equipment provider reported $0.09 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.02. The firm had revenue of $18.42 million for the quarter, compared to analyst estimates of $19.50 million. Clearfield had a net margin of 5.20% and a return on equity of 5.95%. equities research analysts expect that Clearfield will post 0.29 EPS for the current fiscal year.

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Clearfield Company Profile

Clearfield, Inc manufactures, markets and sells fiber management and enclosure platform that consolidates, distributes and protects fiber as it moves from the inside plant to the outside plant and all the way to the home, business and cell site. The Company’s products include Clearview Cassette, which is the building block of its product platform; Connectivity and Optical Components; FieldSmart, which is a series of panels, cabinets, wall boxes and other enclosures that house the Clearview components; FieldShield, which is a fiber delivery method for broadband deployment; CraftSmart, which is a line of optical protection field enclosures, and Cable Assemblies.

Insider Buying and Selling by Quarter for Clearfield (NASDAQ:CLFD)

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