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DMC Global (NASDAQ:BOOM - Get Rating) is scheduled to release its earnings data after the market closes on Thursday, August 4th. Analysts expect DMC Global to post earnings of ($0.12) per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
DMC Global (NASDAQ:BOOM - Get Rating) last posted its earnings results on Thursday, May 5th. The industrial products company reported ($0.16) earnings per share for the quarter, beating analysts' consensus estimates of ($0.36) by $0.20. The business had revenue of $138.70 million for the quarter, compared to analysts' expectations of $129.25 million. DMC Global had a negative net margin of 1.14% and a negative return on equity of 0.05%. The firm's revenue for the quarter was up 149.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.04 earnings per share. On average, analysts expect DMC Global to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year. DMC Global Stock Performance
NASDAQ BOOM opened at $20.90 on Thursday. The stock has a market cap of $407.49 million, a P/E ratio of -28.68, a PEG ratio of 2.54 and a beta of 1.50. The company's 50-day simple moving average is $22.05 and its 200 day simple moving average is $28.54. DMC Global has a twelve month low of $15.87 and a twelve month high of $47.46. The company has a quick ratio of 0.93, a current ratio of 2.11 and a debt-to-equity ratio of 0.37. Analysts Set New Price Targets
A number of research firms recently weighed in on BOOM. Roth Capital lowered their target price on shares of DMC Global from $50.00 to $35.00 in a research note on Tuesday, May 3rd. StockNews.com lowered shares of DMC Global from a "hold" rating to a "sell" rating in a research report on Friday, July 22nd.Insider Buying and Selling at DMC Global
In other news, CEO Kevin T. Longe sold 5,854 shares of the company's stock in a transaction that occurred on Friday, May 13th. The shares were sold at an average price of $21.77, for a total transaction of $127,441.58. Following the transaction, the chief executive officer now directly owns 71,118 shares in the company, valued at $1,548,238.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.80% of the company's stock. Hedge Funds Weigh In On DMC Global
A number of large investors have recently modified their holdings of the stock. Quantbot Technologies LP bought a new stake in shares of DMC Global during the first quarter worth approximately $450,000. Guggenheim Capital LLC raised its stake in shares of DMC Global by 64.5% during the first quarter. Guggenheim Capital LLC now owns 13,408 shares of the industrial products company's stock worth $409,000 after buying an additional 5,258 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of DMC Global by 36.0% during the first quarter. Wellington Management Group LLP now owns 216,787 shares of the industrial products company's stock worth $6,612,000 after buying an additional 57,436 shares during the last quarter. State Street Corp raised its stake in shares of DMC Global by 17.3% during the first quarter. State Street Corp now owns 805,641 shares of the industrial products company's stock worth $24,572,000 after buying an additional 118,793 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of DMC Global by 42.3% during the first quarter. Invesco Ltd. now owns 100,983 shares of the industrial products company's stock worth $3,080,000 after buying an additional 30,032 shares during the last quarter. 96.59% of the stock is currently owned by institutional investors and hedge funds. 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)Can These Two Airline Stocks Overcome Gravity And Fly Higher? Shopify Stock Rallies Despite Quarterly LossTwo Automation Stocks The Institutions Are Buying Can Owens-Corning Insulate Your Portfolio? Consumer Staple Kraft-Heinz Quietly Builds Momentum
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