The Latest Analyst Ratings For Clearfield
Portfolio Pulse from Benzinga Insights
Clearfield (NASDAQ:CLFD) has received mixed analyst ratings over the past three months, with a recent negative shift in sentiment as evidenced by a decrease in the average price target by 8.78% to $40.75. The company faces challenges in revenue growth, with a significant decline of -47.72% as of September 30, 2023, but shows strong profitability with a net margin of 5.43%. Its debt management is solid, with a low debt-to-equity ratio of 0.07, although it has a below-average ROE of 0.86%.
February 02, 2024 | 1:00 pm
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NEGATIVE IMPACT
Clearfield has seen a negative shift in analyst sentiment, with a decrease in the average price target. Despite facing revenue challenges, the company maintains strong profitability and effective debt management.
The decrease in the average price target by analysts indicates a negative short-term outlook for Clearfield's stock price. However, the company's strong profitability and effective debt management could mitigate some of the negative impacts. The significant revenue decline poses a concern, potentially affecting investor confidence and stock performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100