Clearfield (NASDAQ:CLFD) Announces FY 2027 Earnings Guidance

Clearfield (NASDAQ:CLFD) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.250-0.460 for the period, compared to the consensus estimate of 0.870. The company issued revenue guidance of $195.0 million-$205.0 million, compared to the consensus revenue estimate of $187.3 million. Clearfield also updated its Q1 2027 guidance to -0.060-0.030 EPS.

Analyst Ratings Changes

CLFD has been the topic of a number of research reports. Needham & Company LLC dropped their target price on shares of Clearfield from $52.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Weiss Ratings upgraded shares of Clearfield from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Lake Street Capital set a $38.00 price target on shares of Clearfield in a research report on Thursday, August 6th. Finally, Zacks Research raised shares of Clearfield from a “strong sell” rating to a “hold” rating in a research note on Friday, October 30th. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Clearfield has a consensus rating of “Moderate Buy” and a consensus price target of $41.75.

Clearfield Trading Down 3.9%

Clearfield stock traded down $1.17 during mid-day trading on Wednesday, hitting $29.02. The company had a trading volume of 43,659 shares, compared to its average volume of 192,484. Clearfield has a 12 month low of $23.76 and a 12 month high of $52.73. The company has a market capitalization of $394.09 million, a PE ratio of -56.90 and a beta of 2.06. The stock’s 50 day moving average price is $30.60 and its two-hundred day moving average price is $32.46.

About Clearfield

Clearfield, Inc. (NASDAQ: CLFD) designs, manufactures and sells fiber optic connectivity products used to deploy, manage and protect broadband networks. Its portfolio includes fiber distribution cabinets, panels, terminals, enclosures, splice solutions and other components that support fiber installation from the central office or data center through the outside plant and to end users. The company markets its products under brands including FieldSmart and WaveSmart. Clearfield’s solutions are designed for communications service providers, community broadband operators, utilities, municipalities, government organizations and other network owners building fiber-to-the-home, fiber-to-the-premises and related broadband infrastructure.