Clearfield Stock Today
| CLFD Stock | USD 30.27 0.21 0.70% |
Performance0 of 100
| Odds Of DistressLess than 8
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Clearfield is trading at 30.27 as of the 25th of November 2024, a 0.70 percent increase since the beginning of the trading day. The stock's lowest day price was 29.8. Clearfield has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Clearfield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 7th of August 1986 | Category Technology | Classification Information Technology |
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. Clearfield, Inc. was founded in 1979 and is headquartered in Minneapolis, Minnesota. The company has 14.29 M outstanding shares of which 1.29 M shares are currently shorted by private and institutional investors with about 16.09 trading days to cover. More on Clearfield
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Clearfield Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO and President and Director | Cheryl Beranek | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Communications Equipment, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsClearfield can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Clearfield's financial leverage. It provides some insight into what part of Clearfield's total assets is financed by creditors.
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Clearfield (CLFD) is traded on NASDAQ Exchange in USA. It is located in 7050 Winnetka Avenue North, Minneapolis, MN, United States, 55428 and employs 8 people. Clearfield is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 432.52 M. Clearfield conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 14.29 M outstanding shares of which 1.29 M shares are currently shorted by private and institutional investors with about 16.09 trading days to cover.
Clearfield currently holds about 22.45 M in cash with 22.22 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.62.
Check Clearfield Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Clearfield is $432.52 Million. Over half of Clearfield's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Clearfield Ownership Details
Clearfield Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Segall Bryant & Hamill | 2024-09-30 | 249.1 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 243 K | |
| Goldman Sachs Group Inc | 2024-06-30 | 238.6 K | |
| Punch & Associates Inv Mgmt Inc | 2024-09-30 | 218.5 K | |
| Divisadero Street Capital Management, Lp | 2024-09-30 | 209 K | |
| Marshall Wace Asset Management Ltd | 2024-06-30 | 182.3 K | |
| Federated Hermes Inc | 2024-09-30 | 177.5 K | |
| G2 Investment Partners Management Llc | 2024-09-30 | 152.7 K | |
| Dana Investment Advisors Inc | 2024-09-30 | 123.3 K | |
| Blackrock Inc | 2024-06-30 | 1 M | |
| Vanguard Group Inc | 2024-09-30 | 955 K |
Clearfield Historical Income Statement
Clearfield Stock Against Markets
Clearfield Corporate Management
| Kevin Morgan | Chief Marketing Officer | Profile | |
| Allen Griser | Chief Officer | Profile | |
| Bob Cody | Vice Management | Profile | |
| Frank Brixius | General Secretary | Profile | |
| Skip Hansen | Chief Officer | Profile | |
| Daniel Herzog | Chief Officer | Profile | |
| John Hill | Chief Officer | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearfield. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Clearfield Stock refer to our How to Trade Clearfield Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clearfield. If investors know Clearfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clearfield listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Earnings Share (0.85) | Revenue Per Share 11.432 | Quarterly Revenue Growth (0.06) | Return On Assets (0.04) |
The market value of Clearfield is measured differently than its book value, which is the value of Clearfield that is recorded on the company's balance sheet. Investors also form their own opinion of Clearfield's value that differs from its market value or its book value, called intrinsic value, which is Clearfield's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clearfield's market value can be influenced by many factors that don't directly affect Clearfield's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clearfield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearfield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearfield's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.