NASDAQ:CLMB Climb Global Solutions (CLMB) Stock Forecast, Price & News $48.14 -0.35 (-0.72%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$47.65▼$50.0050-Day Range$42.56▼$53.2952-Week Range$24.65▼$55.70Volume60,500 shsAverage Volume19,339 shsMarket Capitalization$220.00 millionP/E Ratio16.43Dividend Yield1.41%Price Target$60.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Climb Global Solutions MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside24.6% Upside$60.00 Price TargetShort InterestHealthy0.18% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment-0.26Based on 3 Articles This WeekInsider TradingSelling Shares$426,435 Sold Last QuarterProj. Earnings Growth28.48%From $3.02 to $3.88 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.72 out of 5 starsBusiness Services Sector10th out of 339 stocksComputers, Peripherals, & Software Industry3rd out of 6 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $60.00, Climb Global Solutions has a forecasted upside of 24.6% from its current price of $48.14.Amount of Analyst CoverageClimb Global Solutions has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.18% 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 0.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month Previous Next 2.5 Dividend Strength Dividend YieldClimb Global Solutions pays a meaningful dividend of 1.45%, 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 23.21%. 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 17.53% 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 1.5 News and Social Media Coverage News SentimentClimb Global Solutions has a news sentiment score of -0.26. 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 lower news sentiment than the 0.48 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.MarketBeat Follows1 people have added Climb Global Solutions to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Climb Global Solutions insiders have sold 20.98% more of their company's stock than they have bought. Specifically, they have bought $352,474.00 in company stock and sold $426,435.00 in company stock.Percentage Held by InsidersOnly 8.40% of the stock of Climb Global Solutions is held by insiders.Percentage Held by Institutions40.82% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Climb Global Solutions are expected to grow by 28.48% in the coming year, from $3.02 to $3.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Climb Global Solutions is 16.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Climb Global Solutions is 16.43, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 335.71.Price to Earnings Growth RatioClimb Global Solutions has a PEG Ratio of 0.97. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioClimb Global Solutions has a P/B Ratio of 3.43. 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 About Climb Global Solutions (NASDAQ:CLMB) StockClimb Global Solutions, Inc. engages in the distribution of software developed by others through resellers indirectly to customers. It operates through the Distribution and Solutions segments. The Distribution segment distributes technical software to corporate resellers, value added resellers (VARs), consultants and systems integrators worldwide under the names Climb Channel Solutions and Sigma Software Distribution. The Solutions segment provides cloud solutions and value-added reseller of software, hardware, and services to customers worldwide under the names TechXtend and Grey Matter. The company was founded by Edwin Huffman Morgens in 1982 and is headquartered in Eatontown, NJ.Read More 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 CLMB Stock News HeadlinesMay 28, 2023 | americanbankingnews.comAndrew E. Clark Sells 4,097 Shares of Climb Global Solutions, Inc. (NASDAQ:CLMB) StockMay 25, 2023 | americanbankingnews.comClimb Global Solutions, Inc. (NASDAQ:CLMB) Director Acquires $250,713.96 in StockJune 2, 2023 | Vector Vest (Ad)Master the Market: Free Stock Analysis + Buy/Sell/Hold Signals!Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. May 24, 2023 | finance.yahoo.comClimb Channel Solutions’ CEO – Dale Foster – Named 2023 Entrepreneur Of The Year® New Jersey FinalistMay 23, 2023 | finance.yahoo.comClimb Global Solutions Signs New $50.0 Million Credit Facility with JPMorgan ChaseMay 22, 2023 | msn.comClimb Global set to join Russell 3000 IndexMay 22, 2023 | finance.yahoo.comClimb Global Solutions Set to join Russell 3000® IndexMay 21, 2023 | finance.yahoo.comInvesting in Climb Global Solutions (NASDAQ:CLMB) five years ago would have delivered you a 322% gainJune 2, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 19, 2023 | americanbankingnews.comHead to Head Survey: Speed Commerce (OTCMKTS:SPDC) versus Climb Global Solutions (NASDAQ:CLMB)May 17, 2023 | finance.yahoo.comCRN’s 2023 Women of the Channel Honors Six Outstanding Employees of Climb Channel SolutionsMay 9, 2023 | americanbankingnews.comAnalyzing Speed Commerce (OTCMKTS:SPDC) and Climb Global Solutions (NASDAQ:CLMB)May 9, 2023 | americanbankingnews.comBrokers Set Expectations for Climb Global Solutions, Inc.'s Q3 2023 Earnings (NASDAQ:CLMB)May 7, 2023 | finance.yahoo.comClimb Global Solutions, Inc. (NASDAQ:CLMB) Stock Goes Ex-Dividend In Just Four DaysMay 6, 2023 | finance.yahoo.comClimb Global Solutions, Inc. Just Recorded A 35% EPS Beat: Here's What Analysts Are Forecasting NextMay 4, 2023 | finance.yahoo.comQ1 2023 Climb Global Solutions Inc Earnings CallMay 3, 2023 | finance.yahoo.comClimb Global Solutions (CLMB) Q1 Earnings and Revenues Top EstimatesMay 3, 2023 | finance.yahoo.comClimb Global Solutions Reports First Quarter 2023 ResultsMay 3, 2023 | americanbankingnews.comClimb Global Solutions (CLMB) Scheduled to Post Earnings on ThursdayMay 1, 2023 | finance.yahoo.comReturns On Capital Are A Standout For Climb Global Solutions (NASDAQ:CLMB)April 24, 2023 | finance.yahoo.comClimb Global Solutions Announces Grant of Common Stock to CEO Dale FosterApril 20, 2023 | seekingalpha.comCLMB Climb Global Solutions, Inc.April 19, 2023 | finance.yahoo.comClimb Global Solutions Sets First Quarter 2023 Conference Call for May 4, 2023 at 8:30 a.m. ETApril 18, 2023 | americanbankingnews.comCritical Comparison: Climb Global Solutions (NASDAQ:CLMB) vs. Prologic Management Systems (OTCMKTS:PRLO)April 13, 2023 | finance.yahoo.comIs Now An Opportune Moment To Examine Climb Global Solutions, Inc. (NASDAQ:CLMB)?April 11, 2023 | finance.yahoo.comShould You Consider Reducing Your Exposure in Climb Global Solutions (CLMB)?April 6, 2023 | americanbankingnews.comAnalyzing Climb Global Solutions (NASDAQ:CLMB) & Applied Visual Sciences (OTCMKTS:APVS)See More Headlines CLMB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CLMB Company Calendar Ex-Dividend for 3/17 Dividend3/10/2023Dividend Payable3/17/2023Last Earnings5/03/2023Ex-Dividend for 5/19 Dividend5/12/2023Dividend Payable5/19/2023Today6/02/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Computers, peripherals, & software Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:CLMB CUSIPN/A CIK945983 Webwww.waysidetechnology.com Phone(732) 389-0932Fax732-389-1207EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$60.00 High Stock Price Forecast$60.00 Low Stock Price Forecast$60.00 Forecasted Upside/Downside+24.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.93 Trailing P/E Ratio16.43 Forward P/E Ratio15.94 P/E Growth0.97Net Income$12.50 million Net Margins4.12% Pretax Margin5.47% Return on Equity23.25% Return on Assets6.31% Debt Debt-to-Equity Ratio0.02 Current Ratio1.15 Quick Ratio1.13 Sales & Book Value Annual Sales$304.35 million Price / Sales0.72 Cash Flow$3.57 per share Price / Cash Flow13.49 Book Value$14.03 per share Price / Book3.43Miscellaneous Outstanding Shares4,570,000Free Float4,185,000Market Cap$220.00 million OptionableNot Optionable Beta0.92 Key ExecutivesDale Ricahrd FosterChief Executive Officer & DirectorVito LegrottaglieChief Information Officer & VP-OperationsAndrew E. ClarkChief Financial Officer & Vice PresidentCharles Edward BassChief Marketing Officer & Vice PresidentMatthew SullivanChief Accounting Officer & Vice PresidentKey CompetitorsOppFiNYSE:OPFIAcacia ResearchNASDAQ:ACTGOutbrainNASDAQ:OBBlade Air MobilityNASDAQ:BLDETiga AcquisitionNYSE:TINVView All CompetitorsInsiders & InstitutionsAndrew S BryantSold 2,323 sharesTotal: $110,063.74 ($47.38/share)Andrew E ClarkSold 4,097 sharesTotal: $199,687.78 ($48.74/share)Andrew E ClarkSold 2,394 sharesTotal: $116,683.56 ($48.74/share)Jeffrey Richart GeyganBought 80 shares on 5/22/2023Total: $4,000.00 ($50.00/share)Jeffrey Richart GeyganBought 5,068 shares on 5/18/2023Total: $250,713.96 ($49.47/share)View All Insider TransactionsView All Institutional Transactions CLMB Stock - Frequently Asked Questions Should I buy or sell Climb Global Solutions stock right now? 1 Wall Street equities research 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 equities research analysts is that investors should "buy" CLMB shares. View CLMB analyst ratings or view top-rated stocks. What is Climb Global Solutions' stock price forecast for 2023? 1 Wall Street analysts have issued 1-year price objectives for Climb Global Solutions' stock. Their CLMB share price forecasts range from $60.00 to $60.00. On average, they anticipate the company's share price to reach $60.00 in the next year. This suggests a possible upside of 24.6% 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 2023? Climb Global Solutions' stock was trading at $31.53 at the beginning of 2023. Since then, CLMB stock has increased by 52.7% and is now trading at $48.14. View the best growth stocks for 2023 here. When is Climb Global Solutions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our CLMB earnings forecast. How were Climb Global Solutions' earnings last quarter? Climb Global Solutions, Inc. (NASDAQ:CLMB) posted its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.56 by $0.18. The company earned $85.04 million during the quarter, compared to analysts' expectations of $79.88 million. Climb Global Solutions had a trailing twelve-month return on equity of 23.25% and a net margin of 4.12%. 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, May 2nd. Stockholders of record on Monday, May 15th will be given a dividend of $0.17 per share on Friday, May 19th. This represents a $0.68 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Friday, May 12th. Read our dividend analysis for CLMB. What ETF holds Climb Global Solutions' stock ? Ballast Small/Mid Cap ETF holds 58,100 shares of CLMB stock, representing 4.52% of its portfolio. 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 1.45%. The dividend payout ratio is 23.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CLMB will have a dividend payout ratio of 17.53% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CLMB. What is Climb Global Solutions' stock symbol? Climb Global Solutions trades on the NASDAQ under the ticker symbol "CLMB." Who are Climb Global Solutions' major shareholders? Climb Global Solutions' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (7.62%), Renaissance Technologies LLC (4.42%), Dimensional Fund Advisors LP (3.45%), Punch & Associates Investment Management Inc. (3.08%), BlackRock Inc. (2.48%) and Geode Capital Management LLC (0.86%). Insiders that own company stock include Andrew E Clark, Andrew S Bryant, Jeffrey Richart Geygan and John R Mccarthy. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Climb Global Solutions' stock price today? One share of CLMB stock can currently be purchased for approximately $48.14. How much money does Climb Global Solutions make? Climb Global Solutions (NASDAQ:CLMB) has a market capitalization of $220.00 million and generates $304.35 million in revenue each year. The company earns $12.50 million in net income (profit) each year or $2.93 on an earnings per share basis. How can I contact Climb Global Solutions? The official website for the company is www.waysidetechnology.com. The company can be reached via phone at (732) 389-0932, via email at investors@waysidetechnology.com, or via fax at 732-389-1207. This page (NASDAQ:CLMB) was last updated on 6/2/2023 by MarketBeat.com Staff 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. 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