Clearfield (NASDAQ:CLFD – Get Free Report) updated its first quarter 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of -0.060-0.030 for the period, compared to the consensus EPS estimate of 0.120. The company issued revenue guidance of $48.0 million-$52.0 million, compared to the consensus revenue estimate of $42.1 million. Clearfield also updated its FY 2027 guidance to 0.250-0.460 EPS.
Analysts Set New Price Targets
Several brokerages have recently commented on CLFD. Needham & Company LLC lowered 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. Zacks Research upgraded Clearfield from a “strong sell” rating to a “hold” rating in a research note on Friday, October 30th. Lake Street Capital set a $38.00 price objective on Clearfield in a report on Thursday, August 6th. Finally, Weiss Ratings cut Clearfield from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday. Five investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $41.75.
View Our Latest Analysis on CLFD
Clearfield Stock Performance
Shares of CLFD stock opened at $31.27 on Friday. Clearfield has a fifty-two week low of $23.76 and a fifty-two week high of $52.73. The stock’s fifty day moving average price is $30.70 and its two-hundred day moving average price is $32.46. The company has a market cap of $424.77 million, a PE ratio of 223.36 and a beta of 2.06.
About Clearfield
Clearfield, Inc. designs, manufactures and distributes fiber-optic management and connectivity products used to build and maintain broadband networks. Its solutions help service providers organize, protect and connect fiber from central offices and network hubs to homes and businesses. The company’s offerings include fiber distribution cabinets, enclosures, panels, wall boxes and related connectivity components. Its product lines include FieldSmart, YOURx and StreetSmart, which are designed for applications such as fiber-to-the-home deployments and other access-network environments.
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