Climb Global Solutions
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $52.96
- Today's High:
- $54.25
- Open Price:
- $53.28
- 52W Low:
- $24.4365
- 52W High:
- $55.7
- Prev. Close:
- $53.22
- Volume:
- 22209
Company Statistics
- Market Cap.:
- $240.38 million
- Book Value:
- 13.901
- Revenue TTM:
- $304.35 million
- Operating Margin TTM:
- 5.88%
- Gross Profit TTM:
- $54.09 million
- Profit Margin:
- 4.11%
- Return on Assets TTM:
- 5.29%
- Return on Equity TTM:
- 22.12%
Company Profile
Climb Global Solutions had its IPO on 1995-07-18 under the ticker symbol CLMB.
The company operates in the Technology sector and Electronics & Computer Distribution industry. Climb Global Solutions has a staff strength of 284 employees.
Stock update
Shares of Climb Global Solutions opened at $53.28 at the start of the last trading session i.e. 2023-03-31.
The stocks traded within a range of $52.96 - $54.25, and closed at $53.29.
This is a +0.13% increase from the previous day's closing price.
A total volume of 22,209 shares were traded at the close of the day’s session.
In the last one week, shares of Climb Global Solutions have increased by +8.31%.
Climb Global Solutions's Key Ratios
Climb Global Solutions has a market cap of $240.38 million, indicating a price to book ratio of 2.7029 and a price to sales ratio of 0.4971.
In the last 12-months Climb Global Solutions’s revenue was $304.35 million with a gross profit of $54.09 million and an EBITDA of $19.96 million. The EBITDA ratio measures Climb Global Solutions's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Climb Global Solutions’s operating margin was 5.88% while its return on assets stood at 5.29% with a return of equity of 22.12%.
In Q4, Climb Global Solutions’s quarterly earnings growth was a positive 37% while revenue growth was a positive 17.7%.
Climb Global Solutions’s PE and PEG Ratio
- Forward PE
- 9.3197
- Trailing PE
- 18.9395
- PEG
- 0.5177
Its diluted EPS in the last 12-months stands at $2.81 per share while it has a forward price to earnings multiple of 9.3197 and a PEG multiple of 0.5177. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Climb Global Solutions’s profitability.
Climb Global Solutions stock is trading at a EV to sales ratio of 0.4267 and a EV to EBITDA ratio of 6.827. Its price to sales ratio in the trailing 12-months stood at 0.4971.
Climb Global Solutions stock pays annual dividends of $0.68 per share, indicating a yield of 1.3% and a payout ratio of 27.53%.
Balance sheet and cash flow metrics
- Total Assets
- $231.86 million
- Total Liabilities
- $161.69 million
- Operating Cash Flow
- $-1024000.00
- Capital Expenditure
- $2.50 million
- Dividend Payout Ratio
- 27.53%
Climb Global Solutions ended 2023 with $231.86 million in total assets and $0 in total liabilities. Its intangible assets were valued at $231.86 million while shareholder equity stood at $60.57 million.
Climb Global Solutions ended 2023 with $0 in deferred long-term liabilities, $161.69 million in other current liabilities, 53000.00 in common stock, $43.90 million in retained earnings and $18.96 million in goodwill. Its cash balance stood at $20.25 million and cash and short-term investments were $20.25 million. The company’s total short-term debt was $1,041,000 while long-term debt stood at $1.29 million.
Climb Global Solutions’s total current assets stands at $184.64 million while long-term investments were $3.11 million and short-term investments were $0. Its net receivables were $154.60 million compared to accounts payable of $151.18 million and inventory worth $4.77 million.
In 2023, Climb Global Solutions's operating cash flow was $-1024000.00 while its capital expenditure stood at $2.50 million.
Comparatively, Climb Global Solutions paid $0.28 in dividends in 2023.
Other key metrics
- Current Trading Price
- $53.29
- 52-Week High
- $55.7
- 52-Week Low
- $24.4365
- Analyst Target Price
- $40
Climb Global Solutions stock is currently trading at $53.29 per share. It touched a 52-week high of $55.7 and a 52-week low of $55.7. Analysts tracking the stock have a 12-month average target price of $40.
Its 50-day moving average was $43.18 and 200-day moving average was $33.98 The short ratio stood at 0.28 indicating a short percent outstanding of 0%.
Around 1650.4% of the company’s stock are held by insiders while 4412% are held by institutions.
Frequently Asked Questions About Climb Global Solutions
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About
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 and hardware 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.