$0.06 EPS Expected for Clearfield, Inc. (CLFD)

December 30, 2017 - By Dolores Ford


Investors sentiment decreased to 1.18 in Q3 2017. Its down 0.47, from 1.65 in 2017Q2. It fall, as 6 investors sold Clearfield, Inc. shares while 11 reduced holdings. 8 funds opened positions while 12 raised stakes. 3.94 million shares or 4.76% more from 3.76 million shares in 2017Q2 were reported.
Sei Invests stated it has 20,000 shares or 0% of all its holdings. Bnp Paribas Arbitrage reported 0% of its portfolio in Clearfield, Inc. (NASDAQ:CLFD). Morgan Stanley stated it has 0% in Clearfield, Inc. (NASDAQ:CLFD). New York-based State Common Retirement Fund has invested 0% in Clearfield, Inc. (NASDAQ:CLFD). Northern Trust, a Illinois-based fund reported 151,686 shares. 12,276 are held by Wells Fargo Mn. Dimensional Fund Advisors Lp reported 0% of its portfolio in Clearfield, Inc. (NASDAQ:CLFD). 94,647 are held by Geode Cap Mgmt Llc. Blackrock Incorporated owns 790,870 shares. 2,870 were reported by Legal And General Grp Public Ltd Com. Royal State Bank Of Canada holds 0% in Clearfield, Inc. (NASDAQ:CLFD) or 116,446 shares. California Pub Employees Retirement Systems has 59,000 shares for 0% of their portfolio. Wcm Invest Ca reported 0.03% of its portfolio in Clearfield, Inc. (NASDAQ:CLFD). Schwab Charles Invest Management Inc invested in 0% or 16,700 shares. Thomson Horstmann Bryant has 456,799 shares.

Analysts expect Clearfield, Inc. (NASDAQ:CLFD) to report $0.06 EPS on January, 25.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.06 EPS. CLFD’s profit would be $828,691 giving it 51.04 P/E if the $0.06 EPS is correct. After having $0.09 EPS previously, Clearfield, Inc.’s analysts see -33.33 % EPS growth. The stock decreased 0.81% or $0.1 during the last trading session, reaching $12.25. About 89,003 shares traded or 177.34% up from the average. Clearfield, Inc. (NASDAQ:CLFD) has declined 19.57% since December 30, 2016 and is downtrending. It has underperformed by 36.27% the S&P500.

Clearfield, Inc. (NASDAQ:CLFD) Ratings Coverage

Among 2 analysts covering Clearfield (NASDAQ:CLFD), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Clearfield had 5 analyst reports since August 20, 2015 according to SRatingsIntel. Northland Capital maintained Clearfield, Inc. (NASDAQ:CLFD) on Monday, October 16 with “Buy” rating. The rating was upgraded by Zacks to “Hold” on Thursday, August 20. On Friday, July 28 the stock rating was maintained by Northland Capital with “Buy”. The firm earned “Outperform” rating on Thursday, October 1 by Northland Capital. The stock of Clearfield, Inc. (NASDAQ:CLFD) earned “Buy” rating by Lake Street on Monday, November 23.

Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises , large enterprises, and original equipment manufacturers markets in the United States. The company has market cap of $169.19 million. The firm offers Clearview cassette, a main building block of the companyÂ’s product platform; Clearview Classic and Clearview Blue, a system with five parts that nest together in the cassetteÂ’s main housing to support a range of applications; Clearview xPAK to land small port count fiber terminations and optical components; and fiber deep for cable-to-cable deployment, as well as packages optical components for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform. It has a 43.75 P/E ratio. The Company’s products also include Fieldsmart Fiber Crossover Distribution System and FieldSmart FxHD for fiber management modularity and scalability; FieldSmart Fiber Scalability Center, a modular and scalable outside plant cabinet that allows rollout of FTTP services; FieldSmart Fiber Delivery Point, a series of enclosure systems that incorporates the delivery of fiber connectivity to the neighborhood or business district; and FieldSmart Small Count Delivery, an enclosure systems that are packaged to make landing small count fiber cost-effective and efficient.

More news for Clearfield, Inc. (NASDAQ:CLFD) were recently published by: Globenewswire.com, which released: “Clearfield Sets Fiscal Fourth Quarter and Full Year 2017 Earnings Call for …” on October 26, 2017. Globenewswire.com‘s article titled: “Clearfield Reports Fiscal Fourth Quarter and Full Year 2017 Results” and published on November 09, 2017 is yet another important article.

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