Clearfield, Inc. (CLFD)
NASDAQ: CLFD · IEX Real-Time Price · USD
40.45
+0.29 (0.72%)
At close: Jul 19, 2024, 4:00 PM
40.35
-0.10 (-0.25%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Clearfield Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Clearfield stock have an average target of 44.67, with a low estimate of 42 and a high estimate of 47. The average target predicts an increase of 10.43% from the current stock price of 40.45.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 16, 2024.
Analyst Ratings
The average analyst rating for Clearfield stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $42 | Strong Buy | Reiterates | $42 | +3.83% | May 16, 2024 |
| Needham | Needham | Strong Buy Maintains $36 → $42 | Strong Buy | Maintains | $36 → $42 | +3.83% | May 3, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $47 | Strong Buy | Reiterates | $47 | +16.19% | May 1, 2024 |
| Needham | Needham | Strong Buy Reiterates $36 | Strong Buy | Reiterates | $36 | -11.00% | Apr 17, 2024 |
| Needham | Needham | Strong Buy Maintains $40 → $36 | Strong Buy | Maintains | $40 → $36 | -11.00% | Feb 2, 2024 |
Financial Forecast
Revenue This Year
159.49M
from 268.72M
Decreased by -40.65%
Revenue Next Year
200.15M
from 159.49M
Increased by 25.49%
EPS This Year
-1.36
from 2.17
EPS Next Year
-0.16
from -1.36
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 166.0M | 243.7M |
| Avg | 159.5M | 200.2M |
| Low | 152.0M | 172.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -38.2% | 52.8% |
| Avg | -40.6% | 25.5% |
| Low | -43.4% | 8.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -1.27 | 1.30 |
| Avg | -1.36 | -0.16 |
| Low | -1.43 | -0.66 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.