Clearfield Inc (CLFD) Analysts See $0.14 EPS

July 18, 2017 - By Vivian Currie

 Clearfield Inc (CLFD) Analysts See $0.14 EPS
Investors sentiment increased to 1.81 in Q4 2016. Its up 0.55, from 1.26 in 2016Q3. It is positive, as 5 investors sold Clearfield Inc shares while 11 reduced holdings. 6 funds opened positions while 23 raised stakes. 3.63 million shares or 0.79% more from 3.61 million shares in 2016Q3 were reported.
17,143 are held by Deutsche Retail Bank Ag. Bankshares Of America De holds 0% of its portfolio in Clearfield Inc (NASDAQ:CLFD) for 2,102 shares. Blackrock Invest Mngmt Lc reported 44,447 shares. Morgan Stanley accumulated 75,352 shares or 0% of the stock. Jpmorgan Chase holds 15,239 shares. Legal And General Grp Public Ltd Co reported 0% of its portfolio in Clearfield Inc (NASDAQ:CLFD). Royal Financial Bank Of Canada holds 22,533 shares or 0% of its portfolio. Blackrock Advsrs Ltd Liability Company has 6,382 shares for 0% of their portfolio. Telemark Asset Management Ltd has invested 0.27% of its portfolio in Clearfield Inc (NASDAQ:CLFD). Dimensional Fund L P holds 0% or 316,643 shares. Thomson Horstmann & Bryant stated it has 419,715 shares. Renaissance Technology Ltd Liability holds 0.02% of its portfolio in Clearfield Inc (NASDAQ:CLFD) for 475,199 shares. Tower Capital Lc (Trc) stated it has 1,458 shares. California State Teachers Retirement reported 0% in Clearfield Inc (NASDAQ:CLFD). Federated Investors Pa has 0% invested in Clearfield Inc (NASDAQ:CLFD).

Since January 31, 2017, it had 4 buys, and 0 insider sales for $191,209 activity. The insider Harding Roger G bought 1,000 shares worth $15,950. ROTH RONALD G bought $87,500 worth of stock or 5,000 shares.

Wall Street await Clearfield Inc (NASDAQ:CLFD) to release earnings on July, 27. Analysts forecast EPS of $0.14, down exactly $0.02 or 12.50 % from 2014’s $0.16 EPS. The expected CLFD’s profit could reach $1.99 million giving the stock 24.02 P/E in the case that $0.14 earnings per share is reported. After posting $0.07 EPS for the previous quarter, Clearfield Inc’s analysts now forecast 100.00 % EPS growth. It closed at $13.45 lastly. It is down 19.57% since July 18, 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 3 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, October 1 by Northland Capital. Lake Street initiated it with “Buy” rating and $15 target in Monday, November 23 report. The stock of Clearfield Inc (NASDAQ:CLFD) has “Hold” rating given on Thursday, August 20 by Zacks.

Clearfield, Inc. manufactures, markets and sells fiber management and enclosure platform that consolidates, distributes and protects fiber as it moves from the inside plant to the outside plant and all the way to the home, business and cell site. The company has market cap of $190.99 million. The Company’s products include Clearview Cassette, which is the building block of its product platform; Connectivity and Optical Components; FieldSmart, which is a series of panels, cabinets, wall boxes and other enclosures that house the Clearview components; FieldShield, which is a fiber delivery method for broadband deployment; CraftSmart, which is a line of optical protection field enclosures, and Cable Assemblies. It has a 26.52 P/E ratio.

Another recent and important Clearfield Inc (NASDAQ:CLFD) news was published by Globenewswire.com which published an article titled: “Clearfield Responds to CommScope Claims of Patent Infringement” on February 01, 2017.

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