Clearfield (NASDAQ:CLFD) Updates Q1 2025 Earnings Guidance

Clearfield (NASDAQ:CLFD) updated 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 Trading Down 7.1 %

CLFD stock traded down $2.60 during trading on Friday, hitting $34.20. The company had a trading volume of 460,383 shares, compared to its average volume of 91,198. The stock has a market cap of $487.01 million, a PE ratio of -55.16 and a beta of 1.35. The business has a 50-day moving average of $37.49 and a 200-day moving average of $37.70. The company has a current ratio of 8.38, a quick ratio of 5.73 and a debt-to-equity ratio of 0.01. Clearfield has a one year low of $23.45 and a one year high of $44.83.

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

Analysts Set New Price Targets

Several analysts have recently commented on CLFD shares. Lake Street Capital raised shares of Clearfield from a “hold” rating to a “buy” rating and raised their price objective for the stock from $31.00 to $47.00 in a research report on Friday, August 2nd. StockNews.com raised shares of Clearfield from a “sell” rating to a “hold” rating in a research note on Thursday. Needham & Company LLC restated a “buy” rating and issued a $50.00 target price on shares of Clearfield in a research note 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, Northland Securities increased their target price on Clearfield from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Clearfield has an average rating of “Moderate Buy” and an average price target of $46.75.

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.