Clearfield Inc (NASDAQ: CLFD) has reported E.P.S. of $0.16 for its fourth fiscal quarter (ending September 30) versus $1.22 for the same period a year ago — a decline of -87%. Relative to the consensus estimate of $0.12, this was a premium of $0.04. E.P.S. were $2.17 for the latest four quarters through September 30 versus $3.58 for the same period a year ago — a decline of -39%.
Recent Price Action
On 11/9/23, Clearfield Inc (NASDAQ: CLFD) stock declined slightly by -0.04%, closing at $24.10. The stock has been extremely weak relative to the market over the last nine months and has declined -0.6% during the last week.
Current PriceTarget Research Rating
CLFD’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Clearfield has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Clearfield has a very low Appreciation Score of 11 and a very low Power Rating of 11, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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