DMC Global (BOOM) Set to Announce Earnings on Thursday | MarketBeat

2022-05-10 07:37:07 By : Mr. Gofar Machinery

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

DMC Global (NASDAQ:BOOM - Get Rating) is scheduled to post its quarterly earnings results after the market closes on Thursday, May 5th. Analysts expect DMC Global to post earnings of ($0.36) per share for the quarter. DMC Global has set its Q1 2022 guidance at EPS.Individual interested in listening to the company's earnings conference call can do so using this link.

DMC Global (NASDAQ:BOOM - Get Rating) last issued its quarterly earnings results on Thursday, February 24th. The industrial products company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.03 by $0.02. DMC Global had a negative net margin of 0.08% and a positive return on equity of 1.11%. The firm had revenue of $71.84 million for the quarter, compared to analysts' expectations of $70.60 million. During the same period in the previous year, the business earned ($0.05) earnings per share. DMC Global's revenue for the quarter was up 25.8% compared to the same quarter last year. On average, analysts expect DMC Global to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of DMC Global stock opened at $21.69 on Thursday. The company's 50-day moving average price is $30.13 and its two-hundred day moving average price is $36.68. The company has a current ratio of 2.26, a quick ratio of 1.09 and a debt-to-equity ratio of 0.37. The stock has a market cap of $422.02 million, a PE ratio of -94.30, a price-to-earnings-growth ratio of 8.89 and a beta of 1.16. DMC Global has a 52 week low of $21.26 and a 52 week high of $63.50.

Several analysts have issued reports on BOOM shares. Sidoti cut their price objective on DMC Global from $55.00 to $41.00 and set a "buy" rating on the stock in a report on Friday, March 4th. StockNews.com started coverage on DMC Global in a report on Thursday, March 31st. They set a "sell" rating on the stock. Finally, Zacks Investment Research upgraded DMC Global from a "strong sell" rating to a "hold" rating in a report on Monday, January 3rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $48.00.

In other DMC Global news, Director Richard P. Graff sold 1,000 shares of DMC Global stock in a transaction dated Friday, March 18th. The stock was sold at an average price of $34.58, for a total transaction of $34,580.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.80% of the company's stock.

A number of large investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System grew its stake in DMC Global by 2.1% during the 4th quarter. California State Teachers Retirement System now owns 25,858 shares of the industrial products company's stock valued at $1,024,000 after acquiring an additional 542 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of DMC Global by 5.2% in the 4th quarter. JPMorgan Chase & Co. now owns 13,689 shares of the industrial products company's stock valued at $543,000 after buying an additional 675 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of DMC Global by 3.0% in the 4th quarter. Wells Fargo & Company MN now owns 50,232 shares of the industrial products company's stock valued at $1,989,000 after buying an additional 1,475 shares in the last quarter. Legal & General Group Plc grew its stake in shares of DMC Global by 3.7% in the 4th quarter. Legal & General Group Plc now owns 44,337 shares of the industrial products company's stock valued at $1,756,000 after buying an additional 1,578 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in shares of DMC Global by 38.1% in the 4th quarter. Stifel Financial Corp now owns 10,631 shares of the industrial products company's stock valued at $421,000 after buying an additional 2,933 shares in the last quarter.

DMC Global Company Profile (Get Rating)

DMC Global Inc provides a suite of technical products for the energy, industrial, and infrastructure markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building materials, including storefronts and entrances, windows, curtain walls, and interior partitions; architectural components, architectural framing systems, and sun control products; sliding and glazing systems; and engineered steel, aluminum, and wood door and window systems.

See AlsoGet a free copy of the StockNews.com research report on DMC Global (BOOM)Automatic Data Processing Is Ready To Scale New Heights Carl Icahn Buys More XeroxXerox Holdings Stock is a Value PlayThe Kraft Heinz Turnaround Story Gains Momentum Microsoft (NASDAQ: MSFT) Saves The Day, For Now

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Before you consider DMC Global, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DMC Global wasn't on the list.

While DMC Global currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

Each market day you'll get a one-minute market summary to help you invest wisely.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.