Climb Global Solutions (CLMB) Expected to Announce Earnings on Wednesday

Climb Global Solutions (NASDAQ:CLMB - Get Free Report) will likely be announcing its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.96 per share and revenue of $114.37 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Climb Global Solutions Trading Down 1.5 %

Shares of NASDAQ CLMB traded down $1.93 during trading on Friday, reaching $124.41. 30,978 shares of the company traded hands, compared to its average volume of 24,593. The stock has a market cap of $573.53 million, a P/E ratio of 33.72, a PEG ratio of 1.70 and a beta of 1.13. The firm's fifty day simple moving average is $127.73 and its 200 day simple moving average is $112.90. Climb Global Solutions has a 12-month low of $49.69 and a 12-month high of $142.50.

Analyst Upgrades and Downgrades

Separately, Barrington Research reiterated an "outperform" rating and set a $136.00 price target on shares of Climb Global Solutions in a research report on Thursday, December 12th.

Climb Global Solutions Company Profile

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.