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

Clearfield, Inc. (NASDAQ:CLFD) has been given a consensus rating of “Buy” by the seven brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $43.50.

A number of equities research analysts have recently commented on CLFD shares. UBS Group reaffirmed a “buy” rating on shares of Clearfield in a research note on Wednesday, November 26th. Wall Street Zen lowered shares of Clearfield from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. Northland Capmk upgraded shares of Clearfield from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 26th. Needham & Company LLC lowered their target price on shares of Clearfield from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Finally, Northland Securities upgraded Clearfield from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research note on Wednesday, November 26th.

Clearfield Stock Performance

NASDAQ CLFD opened at $30.34 on Friday. The firm has a market capitalization of $419.91 million, a P/E ratio of -52.31 and a beta of 1.88. The stock has a 50-day simple moving average of $30.08 and a two-hundred day simple moving average of $34.65. Clearfield has a fifty-two week low of $23.78 and a fifty-two week high of $46.76.

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

Clearfield announced that its board has initiated a share repurchase plan on Tuesday, November 25th that authorizes the company to repurchase $85.00 million in outstanding shares. This repurchase authorization authorizes the communications equipment provider to buy up to 22% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In related news, Chairman Ronald G. Roth acquired 10,000 shares of Clearfield stock in a transaction on Monday, December 15th. The stock was bought at an average cost of $30.06 per share, for a total transaction of $300,600.00. Following the completion of the transaction, the chairman owned 1,279,264 shares of the company’s stock, valued at approximately $38,454,675.84. The trade was a 0.79% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 17.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Quarry LP acquired a new stake in Clearfield in the 3rd quarter worth about $42,000. Tower Research Capital LLC TRC lifted its position in shares of Clearfield by 116.3% in the second quarter. Tower Research Capital LLC TRC now owns 1,882 shares of the communications equipment provider’s stock valued at $82,000 after acquiring an additional 1,012 shares in the last quarter. Strs Ohio purchased a new position in shares of Clearfield in the first quarter valued at approximately $131,000. Quantbot Technologies LP acquired a new stake in shares of Clearfield in the third quarter worth approximately $202,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Clearfield by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,222 shares of the communications equipment provider’s stock worth $215,000 after purchasing an additional 312 shares in the last quarter. Institutional investors and hedge funds own 88.73% of the company’s stock.

About Clearfield

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.