Clearfield Inc's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 26 out of 54 in the Communications & Networking industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 45.50.In the medium term, the stock price is expected to trend up.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Clearfield Inc's Score
Industry at a Glance
Industry Ranking
26 / 54
Overall Ranking
224 / 4565
Industry
Communications & Networking
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Negative
Clearfield Inc Highlights
StrengthsRisks
Clearfield, Inc. designs, manufactures, and distributes fiber protection, fiber management, and fiber delivery solutions to enable fiber-fed deployment throughout the broadband service provider space primarily across North America. The Company’s segments include Clearfield Operating (Clearfield) and Nestor Cables (Nestor Cables). Clearfield is focused on providing fiber management, fiber protection, and fiber delivery products that accelerate the turn-up of fiber-based networks in residential homes, businesses, and network infrastructure in the wireline and wireless access network. Nestor Cables manufactures fiber optic and copper telecommunication cables and equipment which it distributes to telecommunication operators, network owners, electric companies, building contractors, and industrial companies. Nestor Cables’ customer base includes telecom operators, network owners, contractors, industries and wholesalers. Products are sold via distributors and directly to end users.
Fairly Valued
The company’s latest PB is 1.91, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 8.73M shares, decreasing 18.74% quarter-over-quarter.
Clearfield, Inc. designs, manufactures, and distributes fiber protection, fiber management, and fiber delivery solutions to enable fiber-fed deployment throughout the broadband service provider space primarily across North America. The Company’s segments include Clearfield Operating (Clearfield) and Nestor Cables (Nestor Cables). Clearfield is focused on providing fiber management, fiber protection, and fiber delivery products that accelerate the turn-up of fiber-based networks in residential homes, businesses, and network infrastructure in the wireline and wireless access network. Nestor Cables manufactures fiber optic and copper telecommunication cables and equipment which it distributes to telecommunication operators, network owners, electric companies, building contractors, and industrial companies. Nestor Cables’ customer base includes telecom operators, network owners, contractors, industries and wholesalers. Products are sold via distributors and directly to end users.