The company's fundamentals are relatively very healthy. Its valuation is considered overvalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
24 / 55
Overall Ranking
142 / 4721
Industry
Communications & Networking
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
4
analysts
Buy
Current Rating
49.250
Target Price
+46.25%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company 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.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD 12.45M.%!(EXTRA int=2)
Fairly Valued
The company’s latest PB is 1.79, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 11.21M shares, decreasing 21.87% 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.