NASDAQ:CLMB Climb Global Solutions (CLMB) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (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 Volume9,842 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 Sector95th out of 306 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 147.92.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 37.01.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 Stansberry ResearchThe "Smart Money" Is Ready for May 1st Are You?Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company. One Former Wall St. Trader Explains Why… 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 24, 2024 | Insiders Exposed (Ad)The Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.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 24, 2024 | Insiders Exposed (Ad)The Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.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 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.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 equities research analysts have issued "buy," "hold," and "sell" ratings for Climb Global Solutions in the last year. 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 target for 2024? 1 Wall Street research analysts have issued 12-month price objectives for Climb Global Solutions' stock. Their CLMB share price targets range from $76.00 to $76.00. On average, they predict the company's share price to reach $76.00 in the next twelve months. 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 shares have 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 drop in short interest in the month of March. As of March 31st, there was short interest totaling 44,500 shares, a drop of 21.9% from the March 15th total of 57,000 shares. Based on an average daily trading volume, of 10,100 shares, the days-to-cover ratio is presently 4.4 days. Currently, 1.2% of the shares of the company 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) issued its quarterly earnings data on Wednesday, February, 28th. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.47. The firm earned $106.78 million during the quarter, compared to analyst estimates of $88.99 million. Climb Global Solutions had a trailing twelve-month return on equity of 20.65% and a net margin of 3.50%. 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. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend 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 many different institutional and retail investors. Top institutional shareholders 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. 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