Clearfield, Inc. (CLFD): Price and Financial Metrics
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CLFD POWR Grades
- Growth is the dimension where CLFD ranks best; there it ranks ahead of 74.37% of US stocks.
- The strongest trend for CLFD is in Stability, which has been heading down over the past 179 days.
- CLFD ranks lowest in Stability; there it ranks in the 5th percentile.
CLFD Stock Summary
- CLEARFIELD INC's stock had its IPO on August 7, 1986, making it an older stock than 92.9% of US equities in our set.
- With a year-over-year growth in debt of 381.94%, CLEARFIELD INC's debt growth rate surpasses 95.54% of about US stocks.
- Over the past twelve months, CLFD has reported earnings growth of 155.66%, putting it ahead of 89.88% of US stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to CLEARFIELD INC are JVA, AIR, LAKE, ROCK, and WTS.
- CLFD's SEC filings can be seen here. And to visit CLEARFIELD INC's official web site, go to www.seeclearfield.com.
CLFD Valuation Summary
- CLFD's price/sales ratio is 6; this is 150% higher than that of the median Technology stock.
- Over the past 243 months, CLFD's price/sales ratio has gone down 112.9.
Below are key valuation metrics over time for CLFD.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| CLFD | 2022-11-14 | 6.0 | 9.6 | 33.1 | 25.6 |
| CLFD | 2022-11-11 | 5.6 | 9.0 | 31.1 | 24.1 |
| CLFD | 2022-11-10 | 5.5 | 8.9 | 30.5 | 23.7 |
| CLFD | 2022-11-09 | 5.4 | 8.8 | 30.2 | 23.4 |
| CLFD | 2022-11-08 | 5.5 | 8.9 | 30.6 | 23.7 |
| CLFD | 2022-11-07 | 5.6 | 9.1 | 31.4 | 24.3 |
CLFD Growth Metrics
- The year over year price growth rate now stands at 56.69%.
- Its 2 year price growth rate is now at 352.34%.
- The 4 year price growth rate now stands at -20.37%.
The table below shows CLFD's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-06-30 | 221.09 | -6.503318 | 39.79604 |
| 2022-03-31 | 188.5753 | -7.07881 | 33.14916 |
| 2021-12-31 | 164.7723 | 8.15218 | 27.55294 |
| 2021-09-30 | 140.7554 | 10.90284 | 20.32738 |
| 2021-06-30 | 122.8374 | 12.3327 | 15.95078 |
| 2021-03-31 | 110.0721 | 11.0591 | 12.84723 |
CLFD's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- CLFD has a Quality Grade of B, ranking ahead of 76.89% of graded US stocks.
- CLFD's asset turnover comes in at 1.2 -- ranking 31st of 208 Electronic Equipment stocks.
- SMTC, KVHI, and NXPI are the stocks whose asset turnover ratios are most correlated with CLFD.
The table below shows CLFD's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 1.200 | 0.429 | 0.311 |
| 2021-03-31 | 1.140 | 0.421 | 0.252 |
| 2020-12-31 | 1.091 | 0.412 | 0.194 |
| 2020-09-30 | 1.044 | 0.407 | 0.146 |
| 2020-06-30 | 1.046 | 0.401 | 0.126 |
| 2020-03-31 | 1.039 | 0.392 | 0.097 |
CLFD Price Target
For more insight on analysts targets of CLFD, see our CLFD price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $45.50 | Average Broker Recommendation | 1.5 (Moderate Buy) |
CLFD Stock Price Chart Interactive Chart >
CLFD Price/Volume Stats
| Current price | $130.82 | 52-week high | $134.90 |
| Prev. close | $129.50 | 52-week low | $44.15 |
| Day low | $128.91 | Volume | 178,300 |
| Day high | $134.90 | Avg. volume | 241,166 |
| 50-day MA | $102.96 | Dividend yield | N/A |
| 200-day MA | $80.87 | Market Cap | 1.80B |
Clearfield, Inc. (CLFD) Company Bio
Clearfield Inc. designs, manufactures and distributes fiber optic management products for the communications networks of leading ILECS, CLECs, MSO/cable TV companies and mobile broadband providers. The company was founded in 1979 and is based in Plymouth, Minnesota.
Latest CLFD News From Around the Web
Below are the latest news stories about CLEARFIELD INC that investors may wish to consider to help them evaluate CLFD as an investment opportunity.
Is Clearfield (CLFD) Outperforming Other Computer and Technology Stocks This Year?Here is how Clearfield (CLFD) and Asure Software Inc (ASUR) have performed compared to their sector so far this year. |
Clearfield Full Year 2022 Earnings: Beats ExpectationsClearfield ( NASDAQ:CLFD ) Full Year 2022 Results Key Financial Results Revenue: US$270.9m (up 92% from FY 2021). Net... |
Needham Remains a Buy on Clearfield (CLFD)Needham analyst Ryan Koontz maintained a Buy rating on Clearfield (CLFD - Research Report) today and set a price target of $135.00. The company's shares closed yesterday at $93.07.Koontz covers the Technology sector, focusing on stocks such as Calix, Clearfield, and Adtran. According to TipRanks, Koontz has an average return of 2.6% and a 46.82% success rate on recommended stocks. Clearfield has an analyst consensus of Strong Buy, with a price target consensus of $125.67, which is a 35.03% upside from current levels. In a report released today, Northland Securities also maintained a Buy rating on the stock with a $120.00 price target. |
Clearfield Shares (NASDAQ: CLFD) Surge 25% after Earnings BeatShares of Clearfield (NASDAQ: CLFD) surged more than 25% after it reported earnings for its fourth quarter of Fiscal Year 2022. Adjusted earnings per share came in at $1.22, which beat analysts' consensus estimate of $0.86 per share. Sales increased by 110.2% year-over-year, with revenue hitting $95 million. This beat analysts' target by more than $23 million. Looking forward, management now expects revenue for Fiscal Year 2023 to be in the range of $380 million to $393 million. For reference, analysts were expecting $299.48 million. |
Clearfield Analyst Runs Out Of Superlatives Post Upbeat Q4 ResultsNeedham analyst Ryan Koontz maintained Clearfield, Inc (NASDAQ: CLFD) with a Buy and raised the price target from $115 to $135. Koontz ran out of superlatives. CLFD delivered another robust quarter, with revenue and EPS ahead of consensus. Revenue grew +110% Y/Y, and he raised his F23 revenue and EPS estimates. Community broadband sales remained hot (+91% Y/Y), and cable sales soared by +200% Y/Y. The backlog remained strong and the operating margin impressed at 23.4%. Results thwarted negative |
CLFD Price Returns
| 1-mo | 10.11% |
| 3-mo | 6.76% |
| 6-mo | N/A |
| 1-year | 102.10% |
| 3-year | 888.07% |
| 5-year | 821.27% |
| YTD | 54.96% |
| 2021 | 241.50% |
| 2020 | 77.33% |
| 2019 | 40.52% |
| 2018 | -19.02% |
| 2017 | -40.82% |
Continue Researching CLFD
Want to see what other sources are saying about Clearfield Inc's financials and stock price? Try the links below:Clearfield Inc (CLFD) Stock Price | Nasdaq
Clearfield Inc (CLFD) Stock Quote, History and News - Yahoo Finance
Clearfield Inc (CLFD) Stock Price and Basic Information | MarketWatch
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