Clearfield, Inc. (CLFD)

Market Cap	540.72M
Revenue (ttm)	182.11M
Net Income (ttm)	-3.27M
Shares Out	14.23M
EPS (ttm)	-0.25
PE Ratio	n/a
Forward PE	30.67
Dividend	n/a
Ex-Dividend Date	n/a

Volume	119,616
Open	37.52
Previous Close	36.90
Day's Range	36.73 - 38.02
52-Week Range	22.91 - 50.82
Beta	1.33
Analysts	Buy
Price Target	43.00 (+13.19%)
Earnings Date	May 2, 2024

About CLFD

Clearfield, Inc. manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products. It also provides CraftSmart FiberFirst pedestals, an access terminal that offers a cable management and mounting bracke...

• Industry: Communication Equipment
• Sector: Technology
• Founded: 1979
• Employees: 400
• Stock Exchange: NASDAQ
• Ticker Symbol: CLFD

Financial Performance

In 2023, Clearfield's revenue was $268.72 million, a decrease of -0.80% compared to the previous year's $270.88 million. Earnings were $32.53 million, a decrease of -34.09%.

Analyst Forecast

According to 4 analysts, the average rating for CLFD stock is "Buy." The 12-month stock price forecast is $43.0, which is an increase of 13.19% from the latest price.

Price Target

$43.0

(13.19% upside)

Analyst Consensus: Buy