CLFD stock icon

Clearfield
CLFD

$37.67
0.37%
 

About: Clearfield Inc mainly designs, manufactures, and distributes fiber protection, fiber management and fiber delivery solutions for communications networks. It provides a range of products including copper assemblies, cassettes, box enclosures, fiber connectors, frames, microduct, terminals, vaults, pedestal inserts, FieldSmart, WaveSmart, and CraftSmart. The company has a global presence with the majority of the revenue derived from the United States. The company has two reportable segments namely Clearfield segment and Nestor cables segment. The majority of revenue is derived from Clearfield segment.

Employees: 400

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 7 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

152% more call options, than puts

Call options by funds: $14.7M | Put options by funds: $5.86M

10% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 42

0% more funds holding

Funds holding: 136 [Q4 2023] → 136 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 26

0% less capital invested

Capital invested by funds: $293M [Q4 2023] → $292M (-$692K) [Q1 2024]

1.7% less ownership

Funds ownership: 66.09% [Q4 2023] → 64.39% (-1.7%) [Q1 2024]

Research analyst outlook

7 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$36
4%
downside
Avg. target
$41
10%
upside
High target
$47
25%
upside

7 analyst ratings

positive
100%
neutral
0%
negative
0%
Needham
Ryan Koontz
11%upside
$42
Buy
Reiterated
16 May 2024
Needham
Ryan Koontz
11%upside
$42
Buy
Maintained
3 May 2024
Roth MKM
Scott Searle
25%upside
$47
Buy
Reiterated
1 May 2024
Needham
Ryan Koontz
4%downside
$36
Buy
Reiterated
17 Apr 2024
Needham
Ryan Koontz
4%downside
$36
Buy
Maintained
2 Feb 2024

Financial journalist opinion