NASDAQ:CLMB Climb Global Solutions (CLMB) Stock Price, News & Analysis → Trump’s Gift Could Unleash $51 Billion in New Wealth (From Wealthpin Pro) (Ad) Free CLMB Stock Alerts $57.57 +0.81 (+1.43%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$55.58▼$58.0050-Day Range$51.51▼$70.8852-Week Range$37.67▼$73.25Volume29,300 shsAverage Volume16,675 shsMarket Capitalization$264.25 millionP/E Ratio22.31Dividend Yield1.18%Price Target$68.00 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/Downside18.1% Upside$68.00 Price TargetShort InterestHealthy1.15% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.08Based on 8 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.3.56 out of 5 starsBusiness Services Sector97th out of 312 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.Read more about Climb Global Solutions' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.15% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Climb Global Solutions has recently decreased by 8.56%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldClimb Global Solutions pays a meaningful dividend of 1.18%, 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 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 20.30% 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 2.8 News and Social Media Coverage News SentimentClimb Global Solutions has a news sentiment score of 1.08. 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 0.72 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 8 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.Read more about Climb Global Solutions' insider trading history. Previous Next 1.9 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 22.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Climb Global Solutions is 22.31, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 18.71.Price to Earnings Growth RatioClimb Global Solutions has a PEG Ratio of 1.97. 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 3.45. 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 Crypto 101 MediaSHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. 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 HeadlinesMay 29, 2024 | americanbankingnews.comClimb Global Solutions (NASDAQ:CLMB) Stock Rating Reaffirmed by Barrington ResearchMay 28, 2024 | markets.businessinsider.comBuy Rating Affirmed for Climb Global Solutions Amidst Strong Growth and Financial ResilienceMay 28, 2024 | markets.businessinsider.comNavigating 4 Analyst Ratings For Climb Global SolutionsMay 26, 2024 | finance.yahoo.comClimb Global Solutions, Inc. (NASDAQ:CLMB) is a favorite amongst institutional investors who own 58%May 14, 2024 | finance.yahoo.comCRN Recognizes 7 Employees at Climb Channel Solutions on the 2024 Women of the Channel List and Names Climb’s VP of Marketing Worldwide as one of the 2024 Women of the Channel Power 100May 14, 2024 | globenewswire.comCRN Recognizes 7 Employees at Climb Channel Solutions on the 2024 Women of the Channel List and Names Climb's VP of Marketing Worldwide as one of the 2024 Women of the Channel Power 100May 5, 2024 | seekingalpha.comClimb Global Solutions, Inc. (CLMB) Q1 2024 Earnings Call TranscriptMay 4, 2024 | finance.yahoo.comClimb Global Solutions, Inc. (NASDAQ:CLMB) Q1 2024 Earnings Call TranscriptMay 3, 2024 | finance.yahoo.comClimb Global Solutions First Quarter 2024 Earnings: Misses ExpectationsMay 3, 2024 | finance.yahoo.comClimb Global Solutions Inc (CLMB) Q1 2024 Earnings Call Transcript Highlights: Strategic Moves ...May 2, 2024 | finance.yahoo.comQ1 2024 Climb Global Solutions Inc Earnings CallMay 1, 2024 | msn.comClimb Global Solutions GAAP EPS of $0.60 misses by $0.15, revenue of $92.4M misses by $13.04MMay 1, 2024 | finance.yahoo.comClimb Global Solutions Inc (CLMB) Q1 2024 Earnings: Misses EPS Estimates, Reports Revenue GrowthMay 1, 2024 | globenewswire.comClimb Global Solutions Reports First Quarter 2024 ResultsMay 1, 2024 | investorplace.com7 Tech Stocks Blending Growth and Income for Maximum ReturnsApril 30, 2024 | finance.yahoo.comClimb Channel Solutions' Commitment to Excellence Recognized with Multiple Prestigious Awards in Q1 2024April 25, 2024 | globenewswire.comClimb Channel Solutions Launches Partnership with Automox, Providing Leading Endpoint Management Solution to North American PartnersApril 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 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 DelineaMarch 20, 2024 | finance.yahoo.comWhy We Like The Returns At Climb Global Solutions (NASDAQ:CLMB)See 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 Ex-Dividend for 3/15 Dividend3/08/2024Dividend Payable3/15/2024Last Earnings5/01/2024Ex-Dividend for 5/17 Dividend5/10/2024Dividend Payable5/17/2024Today6/01/2024Next Earnings (Estimated)8/07/2024Fiscal 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$68.00 High Stock Price Target$68.00 Low Stock Price Target$68.00 Potential Upside/Downside+18.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.58 Trailing P/E Ratio22.31 Forward P/E Ratio19.72 P/E Growth1.94Net Income$12.32 million Net Margins3.26% Pretax Margin4.46% Return on Equity18.93% Return on Assets4.92% Debt Debt-to-Equity Ratio0.01 Current Ratio1.09 Quick Ratio1.08 Sales & Book Value Annual Sales$359.40 million Price / Sales0.73 Cash Flow$3.82 per share Price / Cash Flow15.08 Book Value$16.67 per share Price / Book3.45Miscellaneous Outstanding Shares4,585,000Free Float4,140,000Market Cap$263.96 million OptionableNot Optionable Beta0.98 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:TESSGlobal IndustrialNYSE:GICPC ConnectionNASDAQ:CNXNTD SYNNEXNYSE:SNXView All CompetitorsInsiders & InstitutionsAncora Advisors LLCBought 1,140 shares on 5/16/2024Ownership: 0.612%California State Teachers Retirement SystemSold 266 shares on 5/16/2024Ownership: 0.009%Quadrature Capital LtdBought 1,228 shares on 5/15/2024Ownership: 0.123%Lazard Asset Management LLCBought 1,319 shares on 5/15/2024Ownership: 0.064%Vanguard Group Inc.Bought 7,447 shares on 5/10/2024Ownership: 4.883%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 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 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 brokerages have issued 12 month price targets for Climb Global Solutions' shares. Their CLMB share price targets range from $68.00 to $68.00. On average, they predict the company's stock price to reach $68.00 in the next twelve months. This suggests a possible upside of 18.1% 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 on January 1st, 2024. Since then, CLMB shares have increased by 5.0% and is now trading at $57.57. 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 May. As of May 15th, there was short interest totaling 43,800 shares, a drop of 8.6% from the April 30th total of 47,900 shares. Based on an average trading volume of 13,000 shares, the short-interest ratio is presently 3.4 days. Currently, 1.2% of the shares of the stock are short sold. 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, August 7th 2024. View our CLMB earnings forecast. How were Climb Global Solutions' earnings last quarter? Climb Global Solutions, Inc. (NASDAQ:CLMB) released its earnings results on Wednesday, May, 1st. The company reported $0.60 earnings per share for the quarter, missing analysts' consensus estimates of $0.75 by $0.15. The business earned $92.42 million during the quarter, compared to analysts' expectations of $105.44 million. Climb Global Solutions had a net margin of 3.26% and a trailing twelve-month return on equity of 18.93%. During the same period in the previous year, the firm posted $0.74 earnings per share. How often does Climb Global Solutions pay dividends? What is the dividend yield for Climb Global Solutions? Climb Global Solutions declared a quarterly dividend on Monday, April 29th. Investors of record on Monday, May 13th will be given a dividend of $0.17 per share on Friday, May 17th. This represents a $0.68 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Friday, May 10th. 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 1.18%. The dividend payout ratio is 26.36%. 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 78,528 shares of CLMB stock, representing 3.18% of its portfolio. Who are Climb Global Solutions' major shareholders? Climb Global Solutions' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.88%), Cove Street Capital LLC (3.39%), Wasatch Advisors LP (3.20%), Albert D Mason Inc. (0.97%), Ancora Advisors LLC (0.61%) and Acadian Asset Management LLC (0.44%). 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 6/2/2024 by MarketBeat.com Staff From Our PartnersBiden Nomination CANCELED?The Freeport SocietyTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProBiden replacement revealed?Paradigm PressBuy this small stock before coming AI Tidal WaveChaikin AnalyticsWarren Buffett, Jeff Bezos, Michael Bloomberg, & 48 Members of Congress Are Buying ONE Sector…InvestorPlaceNvidia has Apple and Microsoft within striking rangeWeiss RatingsDon’t buy a single NVIDIA share before you see this...Behind the MarketsExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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