NASDAQ:CLMB Climb Global Solutions (CLMB) Stock Price, News & Analysis → One trade. One ticker. One week. (From Wealthpin Pro) (Ad) Free CLMB Stock Alerts $66.74 -0.24 (-0.36%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$66.35▼$66.7450-Day Range$58.11▼$72.3052-Week Range$37.67▼$73.25Volume5,731 shsAverage Volume7,793 shsMarket Capitalization$305.00 millionP/E Ratio24.54Dividend Yield1.02%Price Target$76.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Climb Global Solutions alerts: Email Address Climb Global Solutions MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside13.9% Upside$76.00 Price TargetShort InterestHealthy1.17% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.89Based on 3 Articles This WeekInsider TradingSelling Shares$261,740 Sold Last QuarterProj. Earnings Growth14.73%From $2.92 to $3.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.62 out of 5 starsBusiness Services Sector89th out of 304 stocksComputers, Peripherals, & Software Industry2nd out of 4 stocks 2.5 Analyst's Opinion Consensus RatingClimb Global Solutions has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageClimb Global Solutions has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.17% of the float of Climb Global Solutions has been sold short.Short Interest Ratio / Days to CoverClimb Global Solutions has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Climb Global Solutions has recently decreased by 21.93%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldClimb Global Solutions pays a meaningful dividend of 1.03%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthClimb Global Solutions does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Climb Global Solutions is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Climb Global Solutions will have a dividend payout ratio of 20.30% next year. This indicates that Climb Global Solutions will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CLMB. Previous Next 2.7 News and Social Media Coverage News SentimentClimb Global Solutions has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Climb Global Solutions this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Climb Global Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $261,740.00 in company stock.Percentage Held by InsidersOnly 9.70% of the stock of Climb Global Solutions is held by insiders.Percentage Held by Institutions49.72% of the stock of Climb Global Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Climb Global Solutions are expected to grow by 14.73% in the coming year, from $2.92 to $3.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Climb Global Solutions is 24.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 149.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Climb Global Solutions is 24.54, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 37.67.Price to Earnings Growth RatioClimb Global Solutions has a PEG Ratio of 2.25. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioClimb Global Solutions has a P/B Ratio of 4.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad TradeSmithThe A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...Click here to see Louis' new video for yourself. About Climb Global Solutions Stock (NASDAQ:CLMB)Climb Global Solutions Inc. operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, the United Kingdom, and internationally. It operates in two segments, Distribution and Solutions. The company distributes technical software to corporate and value-added resellers, consultants, and systems integrators under the name Climb Channel Solutions; and provides cloud solutions and resells software, hardware, and services under the name Grey Matter. It also resells computer software and hardware developed by others, as well as provides technical services to end user customers. In addition, the company offers a line of products from various software vendors; and tools for virtualization/cloud computing, security, networking, storage and infrastructure management, application lifecycle management, and other technically sophisticated domains, as well as computer hardware. It markets its products through its own web sites, local and on-line seminars, events, webinars, and social media, as well as direct email and printed materials. The company was formerly known as Wayside Technology Group, Inc. and changed its name to Climb Global Solutions Inc. in October 2022. Climb Global Solutions Inc. was incorporated in 1982 and is headquartered in Eatontown, New Jersey.Read More CLMB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CLMB Stock News HeadlinesApril 18, 2024 | globenewswire.comClimb Global Solutions Sets First Quarter 2024 Conference Call for May 2, 2024 at 8:30 a.m. ETApril 11, 2024 | finance.yahoo.comIs Climb Global Solutions (CLMB) a Minnow in a Zillion Dollar Space?April 25, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…April 10, 2024 | insidermonkey.comShould You Invest in Climb Global Solutions (CLMB)?April 7, 2024 | finance.yahoo.comInvestors in Climb Global Solutions (NASDAQ:CLMB) have seen massive returns of 555% over the past five yearsApril 2, 2024 | finance.yahoo.comScale Computing Approved on Climb Channel Solutions’ OMNIA Partners/NCPA and GSA ContractsApril 2, 2024 | globenewswire.comScale Computing Approved on Climb Channel Solutions' OMNIA Partners/NCPA and GSA ContractsMarch 25, 2024 | globenewswire.comClimb Channel Solutions Awarded NAM Distributor of the Year by DelineaApril 25, 2024 | TradeSmith (Ad)The A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...March 20, 2024 | finance.yahoo.comWhy We Like The Returns At Climb Global Solutions (NASDAQ:CLMB)March 13, 2024 | finance.yahoo.comInsider Selling: CEO Dale Foster Sells 3,500 Shares of Climb Global Solutions Inc (CLMB)March 6, 2024 | msn.comClimb Global Solutions (CLMB) Declares $0.17 DividendMarch 5, 2024 | globenewswire.comClimb Global Solutions to Participate at the Sidoti Small Cap Conference on March 14March 3, 2024 | finance.yahoo.comClimb Global Solutions (NASDAQ:CLMB) Has Affirmed Its Dividend Of $0.17March 1, 2024 | benzinga.comClimb Global Solutions: Q4 Earnings InsightsMarch 1, 2024 | finance.yahoo.comClimb Global Solutions, Inc. (NASDAQ:CLMB) Q4 2023 Earnings Call TranscriptMarch 1, 2024 | finance.yahoo.comClimb Global Solutions Full Year 2023 Earnings: Beats ExpectationsFebruary 29, 2024 | finanznachrichten.deClimb Global Solutions, Inc.: Climb Global Solutions Reports Fourth Quarter and Full Year 2023 ResultsFebruary 28, 2024 | markets.businessinsider.comClimb Global Solutions Reports Fourth Quarter and Full Year 2023 ResultsFebruary 28, 2024 | msn.comClimb Global Solutions GAAP EPS of $1.15 beats by $0.47, revenue of $106.78M beats by $17.79MFebruary 28, 2024 | finance.yahoo.comClimb Global Solutions Inc (CLMB) Achieves Record Net Sales and Earnings in Q4 and FY 2023February 28, 2024 | globenewswire.comClimb Global Solutions Reports Fourth Quarter and Full Year 2023 ResultsFebruary 27, 2024 | benzinga.comClimb Global Solutions Earnings PreviewFebruary 27, 2024 | finance.yahoo.comIs There Now An Opportunity In Climb Global Solutions, Inc. (NASDAQ:CLMB)?February 20, 2024 | globenewswire.comClimb Channel Solutions and Global Technologies Join ForcesFebruary 15, 2024 | finance.yahoo.comClimb Channel Solutions Launches Worldwide Partnership with PanzuraFebruary 15, 2024 | finance.yahoo.comClimb Global Solutions Sets Fourth Quarter and Full Year 2023 Conference Call for February 29, 2024 at 8:30 a.m. ETSee More Headlines Receive CLMB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Climb Global Solutions and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/28/2024Ex-Dividend for 3/15 Dividend3/08/2024Dividend Payable3/15/2024Today4/24/2024Next Earnings (Confirmed)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Computers, peripherals, & software Sub-IndustryN/A Current SymbolNASDAQ:CLMB CUSIPN/A CIK945983 Webwww.waysidetechnology.com Phone(732) 389-0932Fax732-389-1207Employees342Year FoundedN/APrice Target and Rating Average Stock Price Target$76.00 High Stock Price Target$76.00 Low Stock Price Target$76.00 Potential Upside/Downside+13.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.72 Trailing P/E Ratio24.54 Forward P/E Ratio22.86 P/E Growth2.25Net Income$12.32 million Net Margins3.50% Pretax Margin4.77% Return on Equity20.65% Return on Assets5.39% Debt Debt-to-Equity Ratio0.01 Current Ratio1.07 Quick Ratio1.06 Sales & Book Value Annual Sales$352.01 million Price / Sales0.87 Cash Flow$3.82 per share Price / Cash Flow17.46 Book Value$16.33 per share Price / Book4.09Miscellaneous Outstanding Shares4,570,000Free Float4,125,000Market Cap$305.00 million OptionableNot Optionable Beta0.95 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Dale Richard Foster (Age 60)CEO & Director Comp: $760.93kMr. Andrew E. Clark CPA (Age 62)VP & CFO Comp: $546.62kMr. Vito Legrottaglie (Age 60)VP of Operations & Chief Information Officer Comp: $469.38kMr. Charles Edward Bass (Age 59)VP & Chief Marketing Officer Comp: $494.21kMr. Timothy Popovich (Age 45)VP & COO Mr. Matthew Sullivan (Age 36)Chief Accounting Officer Mr. Gerard BrophyManaging DirectorMore ExecutivesKey CompetitorsIspire TechnologyNASDAQ:ISPRVasta PlatformNASDAQ:VSTASezzleNASDAQ:SEZLByrna TechnologiesNASDAQ:BYRNAdTheorentNASDAQ:ADTHView All CompetitorsInsiders & InstitutionsWasatch Advisors LPBought 43,095 shares on 4/18/2024Ownership: 3.203%Quadrature Capital LtdSold 14,438 shares on 3/25/2024Ownership: 0.097%Dale Richard FosterSold 3,500 sharesTotal: $229,215.00 ($65.49/share)Charles Edward BassSold 500 sharesTotal: $32,525.00 ($65.05/share)Wasatch Advisors LPBought 97,873 shares on 2/14/2024Ownership: 2.253%View All Insider TransactionsView All Institutional Transactions CLMB Stock Analysis - Frequently Asked Questions Should I buy or sell Climb Global Solutions stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Climb Global Solutions in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CLMB shares. View CLMB analyst ratings or view top-rated stocks. What is Climb Global Solutions' stock price target for 2024? 1 Wall Street analysts have issued 1 year price objectives for Climb Global Solutions' stock. Their CLMB share price targets range from $76.00 to $76.00. On average, they anticipate the company's stock price to reach $76.00 in the next year. This suggests a possible upside of 13.9% from the stock's current price. View analysts price targets for CLMB or view top-rated stocks among Wall Street analysts. How have CLMB shares performed in 2024? Climb Global Solutions' stock was trading at $54.83 at the start of the year. Since then, CLMB stock has increased by 21.7% and is now trading at $66.74. View the best growth stocks for 2024 here. Are investors shorting Climb Global Solutions? Climb Global Solutions saw a decrease in short interest in March. As of March 31st, there was short interest totaling 44,500 shares, a decrease of 21.9% from the March 15th total of 57,000 shares. Based on an average daily volume of 10,100 shares, the short-interest ratio is currently 4.4 days. Approximately 1.2% of the company's shares are sold short. View Climb Global Solutions' Short Interest. When is Climb Global Solutions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our CLMB earnings forecast. How can I listen to Climb Global Solutions' earnings call? Climb Global Solutions will be holding an earnings conference call on Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Climb Global Solutions' earnings last quarter? Climb Global Solutions, Inc. (NASDAQ:CLMB) announced its quarterly earnings results on Wednesday, February, 28th. The company reported $1.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.47. The firm earned $106.78 million during the quarter, compared to analysts' expectations of $88.99 million. Climb Global Solutions had a net margin of 3.50% and a trailing twelve-month return on equity of 20.65%. How often does Climb Global Solutions pay dividends? What is the dividend yield for Climb Global Solutions? Climb Global Solutions announced a quarterly dividend on Tuesday, February 27th. Shareholders of record on Monday, March 11th will be paid a dividend of $0.17 per share on Friday, March 15th. This represents a $0.68 annualized dividend and a yield of 1.02%. The ex-dividend date is Friday, March 8th. Read our dividend analysis for CLMB. Is Climb Global Solutions a good dividend stock? Climb Global Solutions (NASDAQ:CLMB) pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.03%. The dividend payout ratio is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CLMB will have a dividend payout ratio of 20.30% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CLMB. What ETF holds Climb Global Solutions' stock? Ballast Small/Mid Cap ETF holds 76,500 shares of CLMB stock, representing 3.77% of its portfolio. Who are Climb Global Solutions' major shareholders? Climb Global Solutions' stock is owned by a variety of retail and institutional investors. Top institutional investors include Wasatch Advisors LP (3.20%). Insiders that own company stock include Andrew E Clark, Andrew S Bryant, Charles Edward Bass, Dale Richard Foster, Jeffrey Richart Geygan, John R Mccarthy and Vito Legrottaglie. View institutional ownership trends. How do I buy shares of Climb Global Solutions? Shares of CLMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CLMB) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Presstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyThe #1 Crypto for 2024InvestorPlaceEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest MetalsFed launches fourth dollar overhaulStansberry ResearchUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American Alternative1970’s computer coder issues shocking A.I. warningTradeSmith Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Climb Global Solutions, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
