Is Clfd stock a good buy?

Is Clfd stock a good buy?

Out of 1 analysts, 0 (0%) are recommending CLFD as a Strong Buy, 1 (100%) are recommending CLFD as a Buy, 0 (0%) are recommending CLFD as a Hold, 0 (0%) are recommending CLFD as a Sell, and 0 (0%) are recommending CLFD as a Strong Sell.

What does Clearfield Inc do?

Clearfield, Inc. (NASDAQ: CLFD) designs, manufactures and distributes fiber optic management, protection and delivery products for communications networks.

Where can I find earnings announcements?

Earnings reports that have already been released can be found through the Securities and Exchange Commission’s (SEC) website—SEC.gov—and other publications, such as Morningstar (as well as on a company’s website). These earnings reports, which all come out at around the same time, serve as public balance sheets.

What happens when earnings are announced?

An earnings announcement is an official public statement of a company’s profitability for a specific period, typically a quarter or a year. If a company has been profitable leading up to the announcement, its share price will usually increase up to and slightly after the information is released.

Who owns Clearfield?

APA Enterprises
Clearfield’s history began in the late 1980s with the merging of Americable and Computer System Products. Moving forward under the business name Americable, in 2003 the company was purchased by APA Enterprises.

Why does stock drop after good earnings?

Any downward revisions to future sales, earnings, cash flow, and more could lead to concerns over the stock’s future value. Downward revisions or developments that decrease future value expectations can be a fundamental reason why a stock might fall alongside good news.

Where is Clearfield cheese made?

Curwensville
We use all natural ingredients, so every slice of Clearfield deli cheese offers a true cheese flavor. Its creamy texture and great meltability will put the finishing touch on any meal. The Clearfield Cheese Co. was created by the Tate family, in Curwensville, Pa.

Can earnings be released during market hours?

In today’s markets, it comes down more to the general timing of a release rather than a specific day of the week. A company might plan to announce their earnings after hours when there is typically a lower level of investor attention being paid.

What was the earnings per share for Clearfield?

Clearfield, Inc. (NASDAQ:CLFD) issued its quarterly earnings results on Thursday, July, 22nd. The communications equipment provider reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.15.

Who are the major holders of CLFD stock?

CLFD stock was acquired by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Invesco Ltd., Hussman Strategic Advisors Inc., Bank of Montreal Can, State Street Corp, Morgan Stanley, Morgan Stanley, and Principal Financial Group Inc..

Do you think Clearfield is a good stock?

Does Clearfield (NASDAQ:CLFD) Deserve A Spot On Your Watchlist? It’s only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy’ stocks… If you are looking for stocks that are well positioned to maintain their recent uptrend, Clearfield (CLFD) could be a great choice.

What is the market capitalization of Clearfield communications?

Clearfield has a market capitalization of $604.55 million and generates $93.07 million in revenue each year. The communications equipment provider earns $7.29 million in net income (profit) each year or $0.53 on an earnings per share basis. How many employees does Clearfield have?