Climb Global Solutions (CLMB) Stock Forecast, Price & News

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.

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.

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.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our CLMB earnings forecast.

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%.

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.

Ballast Small/Mid Cap ETF holds 58,100 shares of CLMB stock, representing 4.52% of its portfolio.

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.

Climb Global Solutions trades on the NASDAQ under the ticker symbol "CLMB."

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.
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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.
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One share of CLMB stock can currently be purchased for approximately $48.14.

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.

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.