CLFD - Clearfield Inc Stock Price, Fair Value and News

29.60USD+0.17 (+0.58%)Market Closed

Market Summary

USD29.60+0.17

Market Closed

0.58%

CLFD Stock Price

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CLFD RSI Chart

CLFD Valuation

Market Cap

432.8M

Price/Earnings (Trailing)

33.27

Price/Sales (Trailing)

1.99

EV/EBITDA

16.48

Price/Free Cashflow

16.19

CLFD Price/Sales (Trailing)

CLFD Profitability

Operating Margin

27.34%

EBT Margin

8.04%

Return on Equity

4.34%

Return on Assets

3.88%

Free Cashflow Yield

6.18%

CLFD Fundamentals

CLFD Revenue

Revenue (TTM)

217.0M

Rev. Growth (Yr)

-60.17%

Rev. Growth (Qtr)

-31.11%

CLFD Earnings

Earnings (TTM)

13.0M

Earnings Growth (Yr)

-136.96%

Earnings Growth (Qtr)

-295.4%

Breaking Down CLFD Revenue

Last 7 days

2.0%

Last 30 days

1.1%

Last 90 days

16.8%

Trailing 12 Months

-34.9%

How does CLFD drawdown profile look like?

CLFD Financial Health

Current Ratio

11.09

CLFD Investor Care

Buy Backs (1Y)

3.37%

Diluted EPS (TTM)

0.82

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	324.0M	314.1M	268.7M	217.0M
2022	188.6M	221.1M	270.9M	305.7M
2021	110.1M	122.8M	140.8M	164.8M
2020	85.6M	89.7M	93.1M	100.8M
2019	83.1M	83.5M	85.0M	84.3M
2018	71.7M	73.6M	77.7M	80.9M
2017	78.6M	76.6M	73.9M	72.5M
2016	66.6M	70.0M	75.3M	77.9M
2015	55.0M	58.9M	60.3M	62.0M
2014	61.9M	62.8M	58.0M	55.9M
2013	42.0M	44.7M	53.4M	59.2M
2012	37.1M	37.8M	37.5M	38.6M
2011	29.8M	32.5M	35.2M	37.1M
2010	0	0	24.4M	27.1M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Clearfield Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 05, 2024	harding roger g	bought	191,555	29.47	6,500	-
Mar 04, 2024	jones walter louis jr	bought	24,875	30.41	818	-
Feb 23, 2024	goepel patrick	acquired	-	-	2,039	-
Feb 23, 2024	roth ronald g	bought	59,240	29.62	2,000	-
Feb 23, 2024	wirsbinski carol ann	acquired	-	-	2,039	-
Feb 23, 2024	jones walter louis jr	acquired	-	-	2,039	-
Feb 23, 2024	roth ronald g	acquired	-	-	2,039	-
Feb 23, 2024	hayssen charles n	acquired	-	-	2,039	-
Feb 23, 2024	hayward donald r.	acquired	-	-	2,039	-
Feb 23, 2024	harding roger g	acquired	-	-	2,039	-

Which funds bought or sold CLFD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	RICE HALL JAMES & ASSOCIATES, LLC	reduced	-0.11	87,702	1,565,320	0.09%
Apr 23, 2024	Venturi Wealth Management, LLC	unchanged	-	88.00	1,542	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-78.23	-40,000	12,000	-%
Apr 23, 2024	FIFTH THIRD BANCORP	sold off	-100	-4,042	-	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-14.61	-157,345	1,509,960	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	2,860	198,006	-%
Apr 19, 2024	DENALI ADVISORS LLC	sold off	-100	-165,756	-	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	new	-	31.00	31.00	-%
Apr 16, 2024	SummerHaven Investment Management, LLC	added	2.39	36,837	465,622	0.29%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	reduced	-11.05	-21,758	362,185	0.01%

Are Funds Buying or Selling CLFD?

Are funds buying CLFD calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CLFD

No. of Funds

Unveiling Clearfield Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 09, 2024	franklin mutual advisers llc	2.1%	305,945	SC 13G/A
Feb 13, 2024	vanguard group inc	6.54%	998,125	SC 13G/A
Feb 08, 2024	roth ronald g	9.6%	1,432,517	SC 13G/A
Jan 30, 2024	franklin mutual advisers llc	10.1%	1,517,862	SC 13G
Jan 08, 2024	blackrock inc.	6.9%	1,051,002	SC 13G/A
Feb 09, 2023	vanguard group inc	5.28%	802,619	SC 13G
Feb 07, 2023	roth ronald g	9.4%	1,428,443	SC 13G/A
Jan 26, 2023	blackrock inc.	12.1%	1,844,410	SC 13G/A
Jan 20, 2023	blackrock inc.	12.1%	1,844,410	SC 13G/A
Sep 08, 2022	blackrock inc.	13.3%	1,838,244	SC 13G

Recent SEC filings of Clearfield Inc

View All Filings

Date Filed	Form Type	Document
Apr 09, 2024	8-K	Current Report
Apr 09, 2024	SC 13G/A	Major Ownership Report
Mar 06, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	4	Insider Trading

Peers (Alternatives to Clearfield Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	195.6B	57.2B	-2.97%	1.92%	14.55	3.42	7.66%	18.93%
ANET	78.6B	5.9B	-17.99%	60.51%	37.64	13.41	33.75%	54.34%
HPQ	27.1B	53.1B	-7.92%	-6.11%	7.94	0.51	-11.04%	34.01%
HPE	21.9B	29.1B	-3.11%	17.36%	10.8	0.75	2.24%	133.29%
LOGI	12.4B	4.2B	-13.02%	37.67%	25.61	2.93	-11.68%	12.69%
JNPR	11.6B	5.6B	-3.13%	14.85%	37.24	2.08	4.97%	-34.14%
MID-CAP
UI	6.4B	1.9B	-7.00%	-56.21%	17.23	3.42	4.69%	6.86%
BDC	3.5B	2.5B	-9.16%	5.91%	14.26	1.38	-3.62%	-4.73%
LITE	2.8B	1.4B	-17.47%	-11.79%	-10.62	1.97	-21.40%	-1031.82%
SMALL-CAP
EXTR	1.4B	1.3B	-4.81%	-31.84%	17.8	1.06	14.09%	64.56%
AAOI	432.4M	217.6M	-23.23%	424.19%	-7.71	1.99	-2.32%	15.59%
ADTN	378.2M	1.1B	-10.32%	-49.42%	-1.41	0.33	12.05%	-13041.29%
ALOT	133.2M	148.1M	-4.07%	21.99%	28.37	0.9	3.90%	76.40%
AKTS	59.2M	29.7M	5.26%	-80.77%	-0.86	1.99	39.86%	-13.06%
AIRG	58.5M	56.0M	4.11%	-3.63%	-4.71	1.04	-26.16%	-43.53%

Clearfield Inc News

Latest updates

Clearfield Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-31.1%	34.00	50.00	61.00	72.00	86.00	95.00	71.00	53.00	51.00	45.00	39.00	30.00	27.00	27.00	26.00	20.00	19.00	24.00	22.00	19.00	20.00
Cost Of Revenue	-21.6%	30.00	38.00	42.00	48.00	55.00	58.00	42.00	30.00	28.00	26.00	22.00	17.00	16.00	16.00	15.00	12.00	12.00	15.00	13.00	12.00	12.00
Gross Profit	-60.8%	5.00	12.00	19.00	24.00	31.00	38.00	29.00	23.00	23.00	20.00	17.00	13.00	11.00	11.00	11.00	8.00	8.00	9.00	8.00	7.00	8.00
S&GA Expenses	25.1%	13.00	10.00	13.00	12.00	13.00	15.00	13.00	11.00	10.00	10.00	9.00	8.00	8.00	8.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00
EBITDA Margin	-37.8%	0.11*	0.18*	0.21*	0.23*	0.24*	0.25*	0.24*	0.24*	0.23*	0.20*	0.18*	0.17*	0.15*	-	-	-	-	-	-	-	-
Interest Expenses	-16.5%	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes	-267.4%	-0.95	1.00	2.00	3.00	4.00	5.00	4.00	3.00	3.00	2.00	2.00	1.00	1.00	1.00	1.00	0.00	0.00	1.00	0.00	0.00	0.00
Earnings Before Taxes	-290.5%	-6.22	3.00	7.00	13.00	18.00	22.00	17.00	12.00	13.00	9.00	8.00	5.00	4.00	4.00	4.00	1.00	1.00	2.00	2.00	0.00	1.00
EBT Margin	-48.1%	0.08*	0.15*	0.19*	0.22*	0.22*	0.24*	0.23*	0.23*	0.21*	0.18*	0.16*	0.15*	0.12*	-	-	-	-	-	-	-	-
Net Income	-295.4%	-5.27	3.00	5.00	10.00	14.00	17.00	13.00	9.00	10.00	7.00	6.00	4.00	3.00	3.00	3.00	1.00	1.00	2.00	1.00	0.00	1.00
Net Income Margin	-50.5%	0.06*	0.12*	0.15*	0.17*	0.17*	0.18*	0.18*	0.18*	0.17*	0.14*	0.13*	0.12*	0.10*	-	-	-	-	-	-	-	-
Free Cashflow	19.9%	8.00	7.00	3.00	8.00	1.00	10.00	1.00	-11.84	-0.63	2.00	1.00	4.00	2.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-5.6%	336	356	361	361	352	229	178	160	138	126	114	104	96.00	95.00	91.00	87.00	83.00	82.00	77.00	77.00	75.00
Current Assets	-6.6%	277	296	303	301	294	160	120	99.00	84.00	72.00	70.00	61.00	52.00	53.00	45.00	44.00	44.00	43.00	40.00	43.00	42.00
Cash Equivalents	-8.8%	34.00	38.00	31.00	137	30.00	17.00	14.00	14.00	13.00	13.00	21.00	22.00	19.00	16.00	9.00	9.00	11.00	10.00	6.00	8.00	15.00
Inventory	-3.5%	95.00	98.00	105	101	90.00	82.00	69.00	61.00	44.00	28.00	21.00	15.00	14.00	14.00	15.00	12.00	11.00	9.00	9.00	8.00	10.00
Net PPE	6.2%	23.00	22.00	21.00	21.00	20.00	18.00	10.00	9.00	7.00	5.00	5.00	5.00	5.00	5.00	5.00	6.00	6.00	5.00	4.00	4.00	5.00
Goodwill	1.3%	7.00	7.00	7.00	7.00	7.00	6.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Liabilities	-11.9%	36.00	40.00	49.00	52.00	58.00	82.00	41.00	37.00	23.00	22.00	18.00	14.00	10.00	13.00	11.00	11.00	7.00	7.00	4.00	5.00	5.00
Current Liabilities	-14.0%	25.00	29.00	37.00	40.00	45.00	52.00	31.00	25.00	22.00	20.00	16.00	12.00	8.00	10.00	9.00	8.00	5.00	7.00	4.00	5.00	5.00
Long Term Debt	-	-	-	-	2.00	2.00	19.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-4.8%	300	315	312	305	294	148	137	123	114	104	96.00	90.00	86.00	83.00	80.00	76.00	76.00	75.00	73.00	71.00	71.00
Retained Earnings	-4.1%	122	127	125	119	109	95.00	78.00	65.00	56.00	45.00	38.00	32.00	28.00	25.00	22.00	19.00	18.00	18.00	16.00	15.00	14.00
Additional Paid-In Capital	-5.8%	177	188	187	186	185	55.00	60.00	59.00	59.00	58.00	58.00	58.00	58.00	58.00	57.00	57.00	57.00	57.00	57.00	57.00	56.00
Shares Outstanding	-2.1%	15.00	15.00	15.00	15.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	603	-	-	-	748	-	-	-	339	-	-	-	131	-	-	-	163	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	19.9%	7,827	6,529	3,340	9,038	1,103	10,290	1,993	-11,248	-34.00	2,786	1,418	3,983	2,716	4,216	144	2,396	-99.83	5,823	437	1,647	6,826
Share Based Compensation	18.3%	1,271	1,074	1,060	784	660	692	637	570	440	314	343	334	289	232	213	88.00	241	193	433	564	539
Cashflow From Investing	609.4%	908	128	-109,195	97,914	-101,094	-18,571	-1,922	12,615	-319	-10,465	-2,656	-558	79.00	3,127	372	-3,978	439	-1,653	-2,054	-9,099	-154
Cashflow From Financing	-4492.8%	-12,171	-265	291	-129	113,519	10,764	198	-126	-181	-409	204	-237	-94.00	-172	188	-428	166	-118	-257	7*	139
Buy Backs	-	12,185	-	-	-	-	-	-	-	-	-	-	-	-	346*	-	429	-	-	-	-	-

CLFD Income Statement

2023-12-31

Consolidated Statements of Earnings (Unaudited) - USD ($)	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Net sales	$ 34,230,000	$ 85,942,000
Cost of sales	29,533,000	55,293,000
Gross profit	4,697,000	30,649,000
Operating expenses
Selling, general and administrative	12,859,000	12,759,000
Income from operations	(8,162,000)	17,890,000
Net investment income	2,069,000	303,000
Interest expense	(126,000)	(243,000)
Income before income taxes	(6,219,000)	17,950,000
Income tax expense	(951,000)	3,695,000
Net income	$ (5,268,000)	$ 14,255,000
Net income per share Basic (in dollars per share)	$ (0.35)	$ 1.01
Net income per share Diluted (in dollars per share)	$ (0.35)	$ 1
Weighted average shares outstanding:
Diluted (in shares)	15,212,945	14,284,847
Basic (in shares)	15,212,945	14,165,550

CLFD Balance Sheet

2023-12-31

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Dec. 31, 2023	Sep. 30, 2023
Current Assets
Cash and cash equivalents	$ 34,484,000	$ 37,827,000
Short-term investments	128,352,000	130,286,000
Accounts receivables, net	17,363,000	28,392,000
Inventories, net	94,613,000	98,055,000
Other current assets	1,806,000	1,695,000
Total current assets	276,618,000	296,255,000
Property, plant and equipment, net	22,870,000	21,527,000
Other Assets
Long-term investments	6,505,000	6,343,000
Goodwill	6,615,000	6,528,000
Intangible assets, net	5,982,000	6,092,000
Right-of-use lease assets	13,297,000	13,861,000
Deferred tax asset	2,754,000	3,039,000
Other	988,000	1,872,000
Total other assets	36,141,000	37,735,000
Total Assets	335,629,000	355,517,000
Current Liabilities
Current portion of lease liability	3,811,000	3,737,000
Current maturities of long-term debt	2,214,000	2,112,000
Accounts payable	7,368,000	8,891,000
Accrued compensation	5,279,000	5,571,000
Accrued expenses	2,750,000	2,404,000
Factoring liability	3,532,000	6,289,000
Total current liabilities	24,954,000	29,004,000
Other Liabilities
Long-term portion of lease liability	9,973,000	10,629,000
Deferred tax liability	607,000	721,000
Total liabilities	35,534,000	40,354,000
Shareholders’ Equity
Preferred stock, $.01 par value; 500,000 shares; no shares issued or outstanding	0	0
Common stock, authorized 50,000,000, $.01 par value; 14,939,671 and 15,254,725 shares issued and outstanding as of December 31, 2023 and Septembe 30, 2023, respectively	149,000	153,000
Additional paid-in capital	177,322,000	188,218,000
Accumulated other comprehensive loss	(476,000)	544,000
Retained earnings	122,148,000	127,336,000
Total shareholders’ equity	300,095,000	315,163,000
Total Liabilities and Shareholders’ Equity	$ 335,629,000	$ 355,517,000

About Clearfield Inc

Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and outdoor cabinet and fiber active cabinet products. The company offers StreetSmart, a portfolio of fiber management products; FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment; and YOURx platform that consists of hardened terminals, test access points, and various drop cable options for portions of the access network across various fiber drop cable media. It also provides CraftSmart, a line of optical protection field enclosures, including CraftSmart Fiber Protection Pedestals and CraftSmart Fiber Protection Vaults integrated solutions optimized to house FieldSmart products at the last mile access point of the network in above-grade or below-grade installations. The company offers fiber and copper assemblies with an industry-standard or customer-specified configuration; and designs and manufactures custom solutions for in-the-box and network connectivity assemblies specific to that customer's product line. It provides its fiber to anywhere platform for various incumbent local exchange carriers, competitive local exchange carriers, wireless operators, and multiple systems operators and cable TV companies, as well as the utility/municipality, enterprise, and data center markets. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was founded in 1979 and is headquartered in Minneapolis, Minnesota.

CEO	Ms. Cheryl P. Beranek
WEBSITE	seeclearfield.com
INDUSTRY	Computer Hardware
EMPLOYEES	407

Clearfield Inc Frequently Asked Questions

What is the ticker symbol for Clearfield Inc? What does CLFD stand for in stocks?

CLFD is the stock ticker symbol of Clearfield Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Clearfield Inc (CLFD)?

As of Tue Apr 23 2024, market cap of Clearfield Inc is 432.82 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CLFD stock?

You can check CLFD's fair value in chart for subscribers.

What is the fair value of CLFD stock?

You can check CLFD's fair value in chart for subscribers. The fair value of Clearfield Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Clearfield Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CLFD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Clearfield Inc a good stock to buy?

The fair value guage provides a quick view whether CLFD is over valued or under valued. Whether Clearfield Inc is cheap or expensive depends on the assumptions which impact Clearfield Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CLFD.

What is Clearfield Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, CLFD's PE ratio (Price to Earnings) is 33.27 and Price to Sales (PS) ratio is 1.99. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CLFD PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Clearfield Inc's stock?

In the past 10 years, Clearfield Inc has provided 0.059 (multiply by 100 for percentage) rate of return.