Clearfield (NASDAQ:CLFD) Updates Q1 2025 Earnings Guidance

Clearfield (NASDAQ:CLFD) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of -0.350–0.280 for the period, compared to the consensus earnings per share estimate of -0.230. The company issued revenue guidance of $33.0 million-$38.0 million, compared to the consensus revenue estimate of $38.2 million. Clearfield also updated its FY 2025 guidance to EPS.

Wall Street Analyst Weigh In

CLFD has been the topic of several research reports. Lake Street Capital upgraded shares of Clearfield from a “hold” rating to a “buy” rating and upped their price target for the company from $31.00 to $47.00 in a research note on Friday, August 2nd. Northland Securities lifted their price target on shares of Clearfield from $40.00 to $45.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. StockNews.com upgraded Clearfield from a “sell” rating to a “hold” rating in a research note on Thursday. Needham & Company LLC reiterated a “buy” rating and set a $50.00 target price on shares of Clearfield in a research report on Friday. Finally, Roth Mkm decreased their price target on Clearfield from $47.00 to $45.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Clearfield currently has a consensus rating of “Moderate Buy” and an average target price of $46.75.

Clearfield Price Performance

NASDAQ:CLFD traded down $2.60 on Friday, hitting $34.20. The company had a trading volume of 460,383 shares, compared to its average volume of 91,198. Clearfield has a 52 week low of $23.45 and a 52 week high of $44.83. The company has a current ratio of 8.38, a quick ratio of 5.73 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $487.01 million, a price-to-earnings ratio of -55.16 and a beta of 1.35. The firm has a 50 day moving average of $37.49 and a two-hundred day moving average of $37.70.

Clearfield (NASDAQ:CLFD) last issued its earnings results on Thursday, November 7th. The communications equipment provider reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.13. The business had revenue of $46.80 million during the quarter, compared to analysts’ expectations of $41.95 million. Clearfield had a negative return on equity of 3.06% and a negative net margin of 5.26%. The business’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.17 EPS. On average, research analysts anticipate that Clearfield will post -0.98 earnings per share for the current year.

Clearfield Company Profile

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.