NASDAQ:CLMB Climb Global Solutions (CLMB) Stock Price, News & Analysis $88.29 -0.33 (-0.37%) (As of 11:07 AM ET) Add Compare Share Share Today's Range$88.29▼$91.3750-Day Range$56.08▼$89.2252-Week Range$40.02▼$91.37Volume2,240 shsAverage Volume14,481 shsMarket Capitalization$407.02 millionP/E Ratio34.22Dividend Yield0.77%Price Target$90.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Climb Global Solutions alerts: Email Address Climb Global Solutions MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside1.9% Upside$90.00 Price TargetShort InterestHealthy1.10% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.49Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth9.45%From $3.28 to $3.59 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.1.85 out of 5 starsBusiness Services Sector212th out of 300 stocksComputers, Peripherals, & Software Industry3rd out of 4 stocks 1.5 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.Read more about Climb Global Solutions' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.10% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Climb Global Solutions has recently increased by 3.70%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldClimb Global Solutions has a dividend yield of 0.80%, which is in 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 26.36%. 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 18.94% next year. This indicates that Climb Global Solutions will be able to sustain or increase its dividend.Read more about Climb Global Solutions' 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 2.5 News and Social Media Coverage News SentimentClimb Global Solutions has a news sentiment score of 0.49. 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 news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Climb Global Solutions this week, compared to 2 articles on an average week.Search Interest3 people have searched for CLMB on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Climb Global Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Climb Global Solutions insiders have not sold or bought any 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.Read more about Climb Global Solutions' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Climb Global Solutions are expected to grow by 9.45% in the coming year, from $3.28 to $3.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Climb Global Solutions is 34.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Climb Global Solutions is 34.22, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 41.91.Price to Earnings Growth RatioClimb Global Solutions has a PEG Ratio of 2.37. 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 5.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Climb Global Solutions' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIAir Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.You need to check out the full story right here. 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 HeadlinesAugust 22 at 9:36 AM | markets.businessinsider.comClimb Global Solutions: A Strong Buy on Strategic Positioning and Growth PotentialAugust 22 at 9:36 AM | benzinga.comExpert Ratings For Climb Global SolutionsAugust 22, 2024 | DTI (Ad)Air Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.August 20 at 7:00 AM | globenewswire.comClimb Channel Solutions Announces the Launch of MSP360 Partnership in North AmericaAugust 16, 2024 | finance.yahoo.comZacks.com featured highlights include Climb Global, EZCORP, Willdan, Northwest Pipe and InterfaceAugust 15, 2024 | americanbankingnews.comClimb Global Solutions, Inc. (NASDAQ:CLMB) Announces $0.17 Quarterly DividendAugust 14, 2024 | finance.yahoo.comShareholders Will Be Pleased With The Quality of Climb Global Solutions' (NASDAQ:CLMB) EarningsAugust 12, 2024 | americanbankingnews.comClimb Global Solutions (NASDAQ:CLMB) Price Target Raised to $90.00August 22, 2024 | DTI (Ad)Air Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.August 11, 2024 | sg.finance.yahoo.comClimb Global Solutions' (NASDAQ:CLMB) Dividend Will Be $0.17August 9, 2024 | seekingalpha.comClimb Global Solutions: Q2, Returning To Earnings Growth Momentum (Rating Downgrade)August 7, 2024 | seekingalpha.comClimb Global Solutions, Inc. (CLMB) Q2 2024 Earnings Call TranscriptAugust 7, 2024 | globenewswire.comClimb Global Solutions, Inc. Acquires Douglas Stewart Software & Services, LLC, Expanding Reach in North America and Strengthening Education Sector OfferingsAugust 6, 2024 | finance.yahoo.comWhat Is Climb Global Solutions, Inc.'s (NASDAQ:CLMB) Share Price Doing?August 6, 2024 | msn.comClimb Global Solutions Non-GAAP EPS of $0.83 beats by $0.35, revenue of $92.08M misses by $5.19MJuly 23, 2024 | globenewswire.comClimb Global Solutions Sets Second Quarter 2024 Conference Call for August 7, 2024 at 8:30 a.m. ETJuly 19, 2024 | markets.businessinsider.comWasabi Technologies Now Available in Climb Channel Solutions’ Portfolio of GSA OfferingsJuly 18, 2024 | globenewswire.comWasabi Technologies Now Available in Climb Channel Solutions' Portfolio of GSA OfferingsSee 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 Earnings5/01/2024Ex-Dividend for 8/22 Dividend8/16/2024Today8/22/2024Dividend Payable8/22/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Computers, peripherals, & software Sub-IndustryWholesale Current SymbolNASDAQ:CLMB CUSIPN/A CIK945983 Webwww.waysidetechnology.com Phone(732) 389-0932Fax732-389-1207Employees270Year FoundedN/APrice Target and Rating Average Stock Price Target$90.00 High Stock Price Target$90.00 Low Stock Price Target$90.00 Potential Upside/Downside+1.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.58 Trailing P/E Ratio34.22 Forward P/E Ratio26.92 P/E Growth2.37Net Income$12.32 million Net Margins3.73% Pretax Margin5.03% Return on Equity18.92% Return on Assets4.84% Debt Debt-to-Equity Ratio0.01 Current Ratio1.10 Quick Ratio1.09 Sales & Book Value Annual Sales$352.01 million Price / Sales1.16 Cash Flow$3.89 per share Price / Cash Flow22.69 Book Value$16.33 per share Price / Book5.41Miscellaneous Outstanding Shares4,610,000Free Float4,140,000Market Cap$407.02 million OptionableNot Optionable Beta1.00 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Dale Richard Foster (Age 60)CEO & Director Comp: $1.07MMr. Andrew E. Clark CPA (Age 62)VP & CFO Comp: $586.84kMr. Vito Legrottaglie (Age 60)VP of Operations & Chief Information Officer Comp: $494kMr. Charles Edward Bass (Age 59)VP & Chief Marketing Officer Comp: $559.03kMr. Timothy Popovich (Age 45)VP & COO Mr. Matthew Sullivan (Age 36)Chief Accounting Officer Mr. Gerard BrophyManaging DirectorMore ExecutivesKey CompetitorsDMC GlobalNASDAQ:BOOMTESSCO TechnologiesNASDAQ:TESSScanSourceNASDAQ:SCSCGlobal PartnersNYSE:GLPGlobal IndustrialNYSE:GICView All CompetitorsInsiders & InstitutionsTieton Capital Management LLCSold 1,114 shares on 8/10/2024Ownership: 2.686%Renaissance Technologies LLCBought 200 shares on 8/9/2024Ownership: 3.982%Dimensional Fund Advisors LPSold 3,038 shares on 8/9/2024Ownership: 3.265%Herald Investment Management LtdBought 1,159 shares on 8/9/2024Ownership: 0.872%American Century Companies Inc.Sold 1,863 shares on 8/8/2024Ownership: 1.012%View All Insider TransactionsView All Institutional Transactions CLMB Stock Analysis - Frequently Asked Questions How have CLMB shares performed this year? Climb Global Solutions' stock was trading at $54.83 at the beginning of 2024. Since then, CLMB stock has increased by 61.0% and is now trading at $88.29. View the best growth stocks for 2024 here. How were Climb Global Solutions' earnings last quarter? Climb Global Solutions, Inc. (NASDAQ:CLMB) released its quarterly earnings results on Wednesday, May, 1st. The company reported $0.60 EPS for the quarter, missing the consensus estimate of $0.75 by $0.15. The firm had revenue of $92.42 million for the quarter, compared to analyst estimates of $105.44 million. Climb Global Solutions had a net margin of 3.73% and a trailing twelve-month return on equity of 18.92%. Who are Climb Global Solutions' major shareholders? Top institutional investors of Climb Global Solutions include Renaissance Technologies LLC (3.98%), Dimensional Fund Advisors LP (3.26%), Tieton Capital Management LLC (2.69%) and Cove Street Capital LLC (1.87%). Insiders that own company stock include Jeffrey Richart Geygan, Dale Richard Foster, Vito Legrottaglie, Charles Edward Bass, John R Mccarthy and Andrew S Bryant. 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 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredMillionaire Investor Warns: “Brace for Apple Collapse”Apple stock has quadrupled over the past five years. But now even Warren Buffett is pulling the plug. 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