Clearfield (NASDAQ:CLFD) Updates Q1 2025 Earnings Guidance

Clearfield (NASDAQ:CLFD) issued an update on its first quarter 2025 earnings guidance on Thursday morning. 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.

Clearfield Stock Down 7.1 %

Shares of CLFD stock traded down $2.60 during trading hours on Friday, reaching $34.20. The company had a trading volume of 460,383 shares, compared to its average volume of 91,198. Clearfield has a 12 month low of $23.45 and a 12 month high of $44.83. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.38 and a quick ratio of 5.73. The business has a fifty day simple moving average of $37.49 and a 200-day simple moving average of $37.70. The company has a market cap of $487.01 million, a price-to-earnings ratio of -55.16 and a beta of 1.35.

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

Analyst Upgrades and Downgrades

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

About Clearfield

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.