Clearfield, Inc. (NASDAQ:CLFD) Given Consensus Recommendation of “Moderate Buy” by Analysts

Clearfield, Inc. (NASDAQ:CLFD) has been given a consensus recommendation of “Moderate Buy” by the seven analysts that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $43.50.

Several equities analysts have commented on the company. Roth Mkm cut their price objective on Clearfield from $50.00 to $43.00 and set a “buy” rating on the stock in a research report on Tuesday, November 25th. UBS Group restated a “buy” rating on shares of Clearfield in a report on Wednesday, November 26th. Northland Securities raised shares of Clearfield from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research note on Wednesday, November 26th. Zacks Research cut shares of Clearfield from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Needham & Company LLC dropped 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.

Clearfield Price Performance

Clearfield stock opened at $31.44 on Monday. The firm has a market capitalization of $430.26 million, a P/E ratio of -64.16 and a beta of 1.94. Clearfield has a 1-year low of $23.78 and a 1-year high of $46.76. The company’s 50-day moving average is $30.95 and its 200 day moving average is $32.02.

Clearfield (NASDAQ:CLFD) last released its earnings results on Wednesday, February 4th. The communications equipment provider reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.02. Clearfield had a positive return on equity of 1.72% and a negative net margin of 3.93%.The firm had revenue of $34.34 million for the quarter, compared to analysts’ expectations of $31.77 million. Clearfield has set its FY 2026 guidance at 0.480-0.620 EPS and its Q2 2026 guidance at -0.100–0.020 EPS. Research analysts anticipate that Clearfield will post -0.29 earnings per share for the current fiscal year.

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

Insider Buying and Selling at Clearfield

In other news, Director Donald R. Hayward sold 3,595 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $32.00, for a total transaction of $115,040.00. Following the transaction, the director owned 10,870 shares in the company, valued at approximately $347,840. This trade represents a 24.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Ronald G. Roth acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was purchased at an average price of $30.06 per share, with a total value of $300,600.00. Following the completion of the acquisition, the chairman directly owned 1,279,264 shares of the company’s stock, valued at $38,454,675.84. This represents a 0.79% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 17.80% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CLFD. Invesco Ltd. lifted its stake in shares of Clearfield by 9.0% during the 4th quarter. Invesco Ltd. now owns 29,593 shares of the communications equipment provider’s stock worth $863,000 after purchasing an additional 2,434 shares during the last quarter. XTX Topco Ltd bought a new position in Clearfield in the fourth quarter worth about $445,000. Tudor Investment Corp ET AL lifted its position in shares of Clearfield by 31.1% during the fourth quarter. Tudor Investment Corp ET AL now owns 80,507 shares of the communications equipment provider’s stock valued at $2,347,000 after buying an additional 19,079 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Clearfield by 9.5% in the 4th quarter. Millennium Management LLC now owns 41,831 shares of the communications equipment provider’s stock valued at $1,219,000 after buying an additional 3,635 shares in the last quarter. Finally, Trexquant Investment LP boosted its holdings in shares of Clearfield by 20.9% in the 4th quarter. Trexquant Investment LP now owns 107,416 shares of the communications equipment provider’s stock valued at $3,131,000 after buying an additional 18,550 shares in the last quarter. 88.73% of the stock is owned by institutional investors.

Clearfield Company Profile

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.