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How to Buy Climb Global Solutions Stock

Climb Global Solutions Inc

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.

Climb Global Solutions stock last closed at $66.04, up 2.45% from the previous day, and has increased 45.66% in one year. It has overperformed other stocks in the Electronics & Computer Distribution industry by 0.16 percentage points. Climb Global Solutions stock is currently +75.31% from its 52-week low of $37.67, and -9.84% from its 52-week high of $73.25.

As of May 1, 2024, there are 4.57M CLMB shares outstanding. The market capitalization of CLMB is $301.64M. In the last 24 hours, 9096 CLMB shares were traded.

How to Buy Climb Global Solutions Stock

Wondering how to invest in Climb Global Solutions stock? Here's how.
  1. Choose where to buy Climb Global Solutions stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Climb Global Solutions stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Select your payment method and add your information.
  4. Evaluate Climb Global Solutions stock: The Climb Global Solutions ticker symbol is CLMB. Is Climb Global Solutions stock a good investment? Should you buy shares of CLMB? How do CLMB's underlying business fundamentals look? Do top analysts think Climb Global Solutions is a good buy? Why has CLMB's stock price moved recently? (Hint: Our stock research tools can help you evaluate if CLMB is a good stock to buy).
  5. Make your CLMB buy order: Decide if you will purchase CLMB shares at the current market price or use a limit order to purchase CLMB shares at a given price.
  6. Get key alerts regarding your CLMB position: Create a watchlist to important notifications about your new investment in Climb Global Solutions stock.

Step 1: Choose where to buy Climb Global Solutions stock

You will need a brokerage account to access the NASDAQ market and buy CLMB shares.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our experience, eToro is the best brokerage. Here's why:

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  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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  • Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
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Step 2: Sign up for your brokerage account

Now that you've picked your brokerage, it's time to fill out some personal information so you are able to buy CLMB today.

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  2. Provide your personal info to start your new brokerage account.
  1. Submit your data by hitting the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you have created your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:

Check out this video walkthrough if you need help transferring funds into your investment account.

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Step 4: Evaluate Climb Global Solutions stock

Once you have identified the best place to buy Climb Global Solutions stock, it's critical to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.

Overview of key CLMB info

CLMB Price
$66.04
1w %
-1.05%
1y %
45.66%
5y %
450.33%
P/E
24.28x
P/B
4.03x
P/S
0.83x
PEG
1.17x
Revenue
$352.01M
Earnings
$12.32M
Fore. Rev. Growth
16.54%
Fore. Earn. Growth
N/A
Market Cap
$301.64M
Next Earnings
Jun 13, 2024
Next Dividend
N/A

CLMB Fundamentals

WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on CLMB's stock page.

Is CLMB stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge CLMB's fair value.

Using relative valuations ratios:

  • CLMB may be overvalued based on its P/E ratio of 24.28x, relative to Electronics & Computer Distribution industry P/E ratio of 12.6x
  • CLMB may be overvalued based on its P/B ratio of 4.03x, relative to Electronics & Computer Distribution industry P/B ratio of 1.31x
  • CLMB may be overvalued based on its PEG ratio of 1.17x

You can access more valuation research on CLMB's stock here.

How do CLMB Financials look?

Pros:

  • CLMB's operating cash flow of $42.12M allows it to safely service it's debt of $2.17M.
  • CLMB earnings of $15.85M is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the CLMB balance sheet.
  • There are more short-term assets than short-term liabilities on the CLMB balance sheet.

Cons:

  • CLMB has a relatively high debt to equity ratio of 3.48.
  • Total CLMB debt is higher than 5 years ago, relative to shareholder equity.
  • CLMB profit margin has gone down from 4.1% to 3.5% in the past year.

Is CLMB stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Wall Street analysts who give recommendations on CLMB, the consensus analyst rating on Climb Global Solutions is a Buy

Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Climb Global Solutions stock forecast page.

Metrics for Advanced CLMB Traders

SMA10
66.22
SMA20
67.26
SMA50
66.92
SMA100
61.18
SMA200
52.67
MACD
-0.32
MACD Signal
-0.07
MACD Histogram
-0.25
RSI
47.1
Stochastic %K
42.35
Stochastic %D
42.16
StochRSI %K
42.62
StochRSI %D
41.05

CLMB Growth Metrics

Last year, CLMB earnings were $12.32M. During the past five year, CLMB's earnings have gone up by 28.38% per year. This was faster than the Electronics & Computer Distribution industry average of 14.59%.

Last year, CLMB revenue was $352.01M. Over the last 5 year, CLMB's revenue has gone up by 14.17% per year. This was faster than the Electronics & Computer Distribution industry average of 10.23%.

Dive into CLMB's earnings and revenue performance here.

Latest Insiders Trades at CLMB

Over the past year, insiders at CLMB have sold more shares than they have bought.

Charles Edward Bass, CHIEF MARKETING OFFICER of CLMB, was the latest CLMB insider to sell. They sold $19,740.00 worth of CLMB shares on Mar 15, 2024.

Research more about who owns CLMB stock here.

Does CLMB provide a stable income stream?

Climb Global Solutions pays a dividend of 1.03%, compared to the Electronics & Computer Distribution industry's average dividend yield of 2.35%. If you owned $1,000 worth of CLMB stock, you would have been paid $10.30 in the past 12 months.

Climb Global Solutions dividend payments have not consistently grown over the past decade but have remained stable.

Dig into more analysis about Climb Global Solutions dividend yield and history here.

CLMB Social Trading Data

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Make your CLMB buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.

Hit the Open button and eToro will place the order.

If you need more info about buying stocks on eToro, click the helpful video below:

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Step 6: Get key alerts regarding your CLMB position

Now that you own some shares in CLMB, you'll want to keep up with your stock purchase.

Add CLMB to a watchlist to monitor your CLMB stock.

CLMB Feed

How to Buy Stock in Climb Global Solutions

To summarize, here are the 6 steps you need to take to buy Climb Global Solutions stock right now:

  1. Choose where to buy Climb Global Solutions stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Evaluate Climb Global Solutions stock
  5. Make your CLMB buy order
  6. Get key alerts regarding your CLMB position

If you need a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your investment in Climb Global Solutions, click the button below.

NASDAQ: CLMB
$66.04+1.58 (+2.45%)
Updated May 1, 2024
Open eToro Account
NASDAQ: CLMB
$66.04+1.58 (+2.45%)
Updated May 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Climb Global Solutions share?

As of May 1, 2024, it costs $66.04 to buy one share of Climb Global Solutions stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.151 shares of CLMB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Climb Global Solutions stock?

According to 1 Wall Street analysts who monitor Climb Global Solutions, their consensus recommendation is to buy Climb Global Solutions stock.

What is the best way to buy Climb Global Solutions stock?

One way to place an order for Climb Global Solutions stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.