DMC Global (NASDAQ:BOOM) Issues Earnings Results

DMC Global (NASDAQ:BOOM) posted its quarterly earnings data on Monday. The industrial products company reported ($0.49) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.40), Zacks reports. DMC Global had a return on equity of 6.06% and a net margin of 2.29%. The company had revenue of $152.43 million for the quarter, compared to the consensus estimate of $152.00 million. During the same quarter last year, the business earned $0.50 EPS. DMC Global updated its Q4 2024 guidance to EPS.

DMC Global Trading Down 3.2 %

Shares of NASDAQ:BOOM traded down $0.32 during midday trading on Thursday, reaching $9.56. The company’s stock had a trading volume of 77,058 shares, compared to its average volume of 262,225. The firm has a market capitalization of $191.57 million, a price-to-earnings ratio of -1.25 and a beta of 1.66. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.15 and a current ratio of 2.53. The firm has a 50 day moving average price of $11.84 and a two-hundred day moving average price of $12.93. DMC Global has a fifty-two week low of $8.60 and a fifty-two week high of $19.73.

Analyst Upgrades and Downgrades

A number of research firms have commented on BOOM. StockNews.com lowered DMC Global from a “hold” rating to a “sell” rating in a research note on Wednesday. Roth Mkm reissued a “buy” rating and set a $24.00 price objective on shares of DMC Global in a report on Wednesday, July 31st. Finally, Stifel Nicolaus cut their price objective on DMC Global from $17.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, October 11th.

DMC Global Company Profile

DMC Global Inc provides a suite of engineered products and various solutions for the construction, energy, industrial processing, and transportation markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building products, including exterior and interior framing systems, curtain walls, windows, doors, and interior partitions; architectural components, architectural framing systems, entrance systems, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows.