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How to buy Clearfield stock

Own Clearfield stock in just a few minutes.

Clearfield, Inc is a communication equipment business based in the US. Clearfield shares (CLFD) are listed on the NASDAQ and all prices are listed in US Dollars. Clearfield employs 230 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Clearfield

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – CLFD – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Clearfield share price

Use our graph to track the performance of CLFD stocks over time.

Clearfield shares at a glance

Information last updated 2021-04-30.
52-week range$11.46 - $40.00
50-day moving average $31.92
200-day moving average $28.40
Wall St. target price$36.50
PE ratio 38.9305
Dividend yield N/A (0%)
Earnings per share (TTM) $0.94

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Clearfield stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Clearfield under- or over-valued?

Valuing Clearfield stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Clearfield's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Clearfield's P/E ratio

Clearfield's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 39x. In other words, Clearfield shares trade at around 39x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Clearfield's EBITDA

Clearfield's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $17.8 million.

The EBITDA is a measure of a Clearfield's overall financial performance and is widely used to measure a its profitability.

Clearfield financials

Revenue TTM $110.1 million
Operating margin TTM 14.02%
Gross profit TTM $37.9 million
Return on assets TTM 10.1%
Return on equity TTM 15.47%
Profit margin 11.67%
Book value $6.54
Market capitalisation $499.7 million

TTM: trailing 12 months

Shorting Clearfield shares

There are currently 360,206 Clearfield shares held short by investors – that's known as Clearfield's "short interest". This figure is 19.3% up from 301,823 last month.

There are a few different ways that this level of interest in shorting Clearfield shares can be evaluated.

Clearfield's "short interest ratio" (SIR)

Clearfield's "short interest ratio" (SIR) is the quantity of Clearfield shares currently shorted divided by the average quantity of Clearfield shares traded daily (recently around 102916). Clearfield's SIR currently stands at 3.5. In other words for every 100,000 Clearfield shares traded daily on the market, roughly 3500 shares are currently held short.

However Clearfield's short interest can also be evaluated against the total number of Clearfield shares, or, against the total number of tradable Clearfield shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Clearfield's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Clearfield shares in existence, roughly 30 shares are currently held short) or 0.0319% of the tradable shares (for every 100,000 tradable Clearfield shares, roughly 32 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Clearfield.

Find out more about how you can short Clearfield stock.

Clearfield share dividends

We're not expecting Clearfield to pay a dividend over the next 12 months.

Have Clearfield's shares ever split?

Clearfield's shares were split on a 2:1 basis on 2 April 1989. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Clearfield shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Clearfield shares which in turn could have impacted Clearfield's share price.

Clearfield share price volatility

Over the last 12 months, Clearfield's shares have ranged in value from as little as $11.46 up to $40. A popular way to gauge a stock's volatility is its "beta".

CLFD.US volatility(beta: 0.93)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Clearfield's is 0.93. This would suggest that Clearfield's shares are less volatile than average (for this exchange).

Clearfield overview

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. In addition, 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. Further, it 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. Additionally, 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.

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