$0.14 EPS Expected for Clearfield (CLFD), Optical Cable (OCC) Shorts Down By 72.22%

June 27, 2017 - By Winifred Garcia

Analysts expect Clearfield Inc (NASDAQ:CLFD) to report $0.14 EPS on July, 27.They anticipate $0.02 EPS change or 12.50% from last quarter’s $0.16 EPS. CLFD’s profit would be $1.98 million giving it 23.30 P/E if the $0.14 EPS is correct. After having $0.07 EPS previously, Clearfield Inc’s analysts see 100.00% EPS growth. About 373 shares traded. Clearfield Inc (NASDAQ:CLFD) has declined 19.57% since June 27, 2016 and is downtrending. It has underperformed by 36.27% the S&P500.

Optical Cable Corporation (NASDAQ:OCC) had a decrease of 72.22% in short interest. OCC’s SI was 2,000 shares in June as released by FINRA. Its down 72.22% from 7,200 shares previously. With 11,200 avg volume, 0 days are for Optical Cable Corporation (NASDAQ:OCC)’s short sellers to cover OCC’s short positions. The SI to Optical Cable Corporation’s float is 0.04%. About 841 shares traded. Optical Cable Corporation (NASDAQ:OCC) has declined 0.54% since June 27, 2016 and is downtrending. It has underperformed by 17.24% the S&P500.

Optical Cable Corporation is a maker of a range of fiber optic and copper data communication cabling and connectivity solutions primarily for the enterprise market, and various harsh environment and specialty markets. The company has market cap of $18.04 million. The Company’s product offerings include creates for uses ranging from enterprise networks, datacenters, residential and campus installations to customized products for specialty applications and harsh environments. It has a 230.26 P/E ratio. OCC products include fiber optic and copper cabling, fiber optic and copper connectors, specialty fiber optic and copper connectors, fiber optic and copper patch cords, pre-terminated fiber optic and copper cable assemblies, racks, cabinets, datacom enclosures, patch panels, face plates, multi-media boxes, fiber optic reels and accessories, and other cable and connectivity management accessories.

Investors sentiment increased to 1.81 in 2016 Q4. Its up 0.55, from 1.26 in 2016Q3. It is positive, as 5 investors sold Clearfield Inc shares while 11 reduced holdings. 6 funds opened positions while 23 raised stakes. 3.63 million shares or 0.79% more from 3.61 million shares in 2016Q3 were reported. Blackrock Investment Management Limited Liability Corp holds 44,447 shares or 0% of its portfolio. Ontario - Canada-based Manufacturers Life Company The has invested 0% in Clearfield Inc (NASDAQ:CLFD). Bnp Paribas Arbitrage Sa has 0% invested in Clearfield Inc (NASDAQ:CLFD) for 68 shares. Blackrock Institutional Trust Co Na owns 373,332 shares. Evercore Wealth Ltd Liability Com holds 0.04% of its portfolio in Clearfield Inc (NASDAQ:CLFD) for 48,800 shares. Metropolitan Life Ins owns 8,923 shares or 0% of their US portfolio. 38,108 are held by Tiaa Cref Mgmt Limited Liability Com. 300 were reported by Pnc Services Gp. 94 are held by Barclays Public Ltd Co. Blackrock reported 438 shares stake. Rhumbline Advisers reported 11,946 shares stake. Cadence Mgmt Limited Liability has 0.08% invested in Clearfield Inc (NASDAQ:CLFD). Royal National Bank Of Canada has 0% invested in Clearfield Inc (NASDAQ:CLFD) for 22,533 shares. Legal And General Gru Public Ltd invested in 0% or 2,873 shares. The California-based Schwab Charles Invest Mngmt Inc has invested 0% in Clearfield Inc (NASDAQ:CLFD).

Among 2 analysts covering Clearfield (NASDAQ:CLFD), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Clearfield had 3 analyst reports since August 20, 2015 according to SRatingsIntel. Lake Street initiated the shares of CLFD in report on Monday, November 23 with “Buy” rating. On Thursday, October 1 the stock rating was initiated by Northland Capital with “Outperform”. The firm has “Hold” rating given on Thursday, August 20 by Zacks.

Since January 31, 2017, it had 4 buys, and 0 selling transactions for $191,209 activity. 1,000 shares were bought by Harding Roger G, worth $15,950 on Tuesday, February 7. ROTH RONALD G bought 5,000 shares worth $70,719.

Clearfield, Inc. manufactures, markets and sells fiber management and enclosure platform that consolidates, distributes and protects fiber as it moves from the inside plant to the outside plant and all the way to the home, business and cell site. The company has market cap of $184.62 million. The Company’s products include Clearview Cassette, which is the building block of its product platform; Connectivity and Optical Components; FieldSmart, which is a series of panels, cabinets, wall boxes and other enclosures that house the Clearview components; FieldShield, which is a fiber delivery method for broadband deployment; CraftSmart, which is a line of optical protection field enclosures, and Cable Assemblies. It has a 25.73 P/E ratio.

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