Dmc Global (NASDAQ:BOOM) issued its quarterly earnings data on Thursday, October 25th. The industrial products company reported $0.68 EPS for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.19, Fidelity Earnings reports. The business had revenue of $87.88 million for the quarter, compared to analyst estimates of $83.35 million. Dmc Global had a return on equity of 22.24% and a net margin of 4.56%.
Shares of Dmc Global stock traded down $1.51 during midday trading on Friday, hitting $37.77. 45,031 shares of the company were exchanged, compared to its average volume of 129,191. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.15 and a quick ratio of 1.28. Dmc Global has a 52 week low of $18.56 and a 52 week high of $51.05. The company has a market capitalization of $600.86 million, a PE ratio of 236.06, a price-to-earnings-growth ratio of 1.01 and a beta of 0.55.
The business also recently announced a quarterly dividend, which was paid on Monday, October 15th. Investors of record on Sunday, September 30th were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $0.08 annualized dividend and a dividend yield of 0.21%. Dmc Global’s dividend payout ratio (DPR) is presently 50.00%.
A number of analysts have issued reports on BOOM shares. BidaskClub lowered Dmc Global from a “buy” rating to a “hold” rating in a report on Saturday, September 8th. ValuEngine upgraded Dmc Global from a “hold” rating to a “buy” rating in a research report on Monday, October 29th. Roth Capital set a $58.00 price objective on Dmc Global and gave the stock a “buy” rating in a research report on Saturday, July 28th. Sidoti upgraded Dmc Global from a “neutral” rating to a “buy” rating in a research report on Friday, October 26th. Finally, TheStreet upgraded Dmc Global from a “c” rating to a “b-” rating in a research report on Wednesday, September 5th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Dmc Global currently has an average rating of “Buy” and an average price target of $51.00.
TRADEMARK VIOLATION WARNING: “Dmc Global (BOOM) Issues Earnings Results” was first published by BBNS and is owned by of BBNS. If you are accessing this piece on another site, it was illegally copied and reposted in violation of United States and international trademark and copyright legislation. The original version of this piece can be viewed at https://baseballnewssource.com/2018/11/10/dmc-global-boom-posts-quarterly-earnings-results-beats-expectations-by-0-19-eps/2887133.html.
Dmc Global Company Profile
DMC Global Inc engages in technical product and process businesses serving the energy, industrial, and infrastructure markets worldwide. The company operates in two segments, NobelClad and DynaEnergetics. The NobelClad segment produces explosion-welded clad metal plates for use in the construction of heavy, corrosion resistant pressure vessels, and heat exchangers for oil and gas, chemical and petrochemical, alternative energy, hydrometallurgy, aluminum production, shipbuilding, power generation, industrial refrigeration, and other industries.
Featured Article: How to Track your Portfolio in Google Finance
Receive News & Ratings for Dmc Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dmc Global and related companies with MarketBeat.com's FREE daily email newsletter.