Clearfield Stock Quote: Financial Performance and Outlook

Clearfield's financial performance has been impressive, with a net income of $23.4 million in 2022, a significant increase from $14.3 million in 2020.

The company's revenue growth is a key factor in its financial success, with a 34% increase in revenue from 2020 to 2022.

Clearfield's stock price has fluctuated over the past year, with a high of $38.50 and a low of $25.50.

The company's management team has expressed confidence in its ability to continue growing revenue and increasing profitability.

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Clearfield's financial performance has been quite impressive, with a 46% increase in share price over the past year. This growth is reflected in the company's sales, which have risen from $93.07 million in 2020 to $166.71 million in 2024.

The company's sales have fluctuated over the years, with a significant drop of 37.96% in 2024 compared to 2023. However, this decline is likely due to the overall market conditions and not a reflection of the company's performance.

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Clearfield's gross profit on sales has also shown a decline, with a 66.12% drop in 2024 compared to 2023. This suggests that the company may be facing increased competition or higher production costs.

Despite this, Clearfield's operating income has been relatively stable, with a 159.24% increase in 2023 compared to 2022. This indicates that the company is able to generate significant profits from its operations.

Here's a summary of Clearfield's financial performance over the past five years:

Overall, Clearfield's financial performance has been marked by significant fluctuations, but the company has consistently demonstrated its ability to generate profits from its operations.

Clearfield's stock price has been on a roll, reaching a 52-week high of US$44.83 and a 52-week low of US$25.11.

The current share price is US$37.58, which is a 20.76% increase from last month. Over the past year, the stock has seen a significant gain of 46.00%.

Beta measures a stock's volatility, and Clearfield's beta is 1.28, indicating that it's slightly more volatile than the average stock.

Here's a comparison of Clearfield's volatility with the US market and the communications industry:

Overall, Clearfield's stock price has been relatively stable, with a 7% weekly volatility over the past year.

Clearfield stock has a history of zero dividend payments, with no dividend yields recorded for any year since 2009.

According to the analyst forecast, the average rating for CLFD stock is "Strong Buy", with a 12-month stock price forecast of $46.67, representing a 24.19% increase from the latest price.

The forecast also suggests that Clearfield's stock price is expected to increase in the coming years, with estimates for 2025 and 2026 showing a significant rise in revenue.

Keep in mind that these estimates are based on the average predictions of analysts, and actual results may vary.

When evaluating the performance of a company, one key metric to consider is shareholder returns. In the past year, CLFD has seen a remarkable 46.0% return, significantly outpacing the US Market's 23.7% return.

Let's take a closer look at the numbers:

CLFD's 46.0% return over the past year is a testament to the company's strong financials and growth prospects. This is particularly impressive when compared to the US Communications industry, which returned 29.8% over the same period.

This rating suggests that the majority of analysts are optimistic about the company's future performance. The 12-month stock price forecast is $46.67, which is an increase of 24.19% from the latest price.

Here's a breakdown of the forecast:

The forecast is based on the opinions of 3 analysts who have a strong buy rating for CLFD stock.

The Clearfield Dividend Calendar provides a clear picture of the company's dividend history. Clearfield Inc has not paid any dividends since 2010.

Looking at the calendar, you can see that the company has not paid any dividends for the past 13 years. This suggests that Clearfield Inc has been prioritizing growth over dividend payments.

The calendar shows that the company has consistently reported zero dividend payments from 2010 onwards. This is a significant trend that investors should be aware of.

Here is a breakdown of Clearfield Inc's dividend history:

The lack of dividend payments over the past decade is a notable aspect of Clearfield Inc's financial history. It's essential for investors to consider this trend when making informed decisions about their investments.