EPS for Clearfield Inc (CLFD) Expected At $0.14

July 18, 2017 - By Marry Poplack

 EPS for Clearfield Inc (CLFD) Expected At $0.14
Investors sentiment increased to 1.81 in 2016 Q4. Its up 0.55, from 1.26 in 2016Q3. It improved, 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.
Oxford Asset Mgmt invested 0.02% of its portfolio in Clearfield Inc (NASDAQ:CLFD). 60,000 were accumulated by Telemark Asset Mngmt Limited Liability Corporation. Dimensional Fund Advsrs L P owns 316,643 shares. Benjamin F Edwards & Co stated it has 0% of its portfolio in Clearfield Inc (NASDAQ:CLFD). Invesco Limited holds 0% or 11,620 shares in its portfolio. Northern Tru Corp has invested 0% in Clearfield Inc (NASDAQ:CLFD). 59,000 are held by California Employees Retirement Systems. Cadence Mgmt Limited Liability Company reported 0.08% in Clearfield Inc (NASDAQ:CLFD). Amer Intl Inc invested in 0% or 6,587 shares. Deutsche Bancorporation Ag, a Germany-based fund reported 17,143 shares. Blackrock Advsr owns 0% invested in Clearfield Inc (NASDAQ:CLFD) for 6,382 shares. Citigroup holds 0% or 11,547 shares. Royal Natl Bank Of Canada holds 0% or 22,533 shares. Comml Bank Of America Corporation De owns 2,102 shares. Rhumbline Advisers holds 0% or 11,946 shares.

Since January 31, 2017, it had 4 insider buys, and 0 insider sales for $191,209 activity. Another trade for 1,000 shares valued at $15,950 was bought by Harding Roger G.

Analysts expect Clearfield Inc (NASDAQ:CLFD) to report $0.14 EPS on July, 27.They anticipate $0.02 EPS change or 12.50 % from last quarter’s $0.16 EPS. CLFD’s profit would be $1.99 million giving it 24.02 P/E if the $0.14 EPS is correct. After having $0.07 EPS previously, Clearfield Inc’s analysts see 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 company was upgraded on Thursday, August 20 by Zacks. The firm has “Outperform” rating given on Thursday, October 1 by Northland Capital. The firm earned “Buy” rating on Monday, November 23 by Lake Street.

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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