DMC Global (NASDAQ:BOOM) Receives "Sell (D)" Rating from Weiss Ratings

Key Points

• DMC Global (NASDAQ: BOOM) has received a "Sell (D)" rating from Weiss Ratings, reaffirming concerns about the company's stock performance.
• The stock has an average rating of "Reduce" with a consensus price target of $8.50, and has dropped in ratings from previous positions including a downgrade by Wall Street Zen.
• DMC Global reported $0.12 EPS for the latest quarter, surpassing estimates, but maintains a negative net margin of 17.54%.

DMC Global (NASDAQ:BOOM - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by equities research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

BOOM has been the subject of a number of other reports. Wall Street Zen downgraded shares of DMC Global from a "buy" rating to a "hold" rating in a research report on Friday, July 18th. Zacks Research lowered DMC Global from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Reduce" and a consensus price target of $8.50.

DMC Global Trading Up 0.3%

Shares of NASDAQ:BOOM traded up $0.02 during mid-day trading on Wednesday, reaching $7.76. 66,281 shares of the company's stock were exchanged, compared to its average volume of 214,671. The firm has a market capitalization of $159.70 million, a price-to-earnings ratio of -0.90 and a beta of 1.46. The business's fifty day moving average price is $7.20 and its 200-day moving average price is $7.36. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.34 and a current ratio of 2.76. DMC Global has a twelve month low of $5.78 and a twelve month high of $13.60.

DMC Global (NASDAQ:BOOM - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.07. The company had revenue of $155.49 million for the quarter, compared to analyst estimates of $151.60 million. DMC Global had a negative net margin of 17.54% and a negative return on equity of 1.27%. DMC Global has set its Q3 2025 guidance at EPS. On average, research analysts predict that DMC Global will post -0.23 EPS for the current fiscal year.

Institutional Trading of DMC Global

Several institutional investors and hedge funds have recently bought and sold shares of BOOM. GAMMA Investing LLC boosted its position in shares of DMC Global by 1,715.2% during the 1st quarter. GAMMA Investing LLC now owns 44,980 shares of the industrial products company's stock valued at $379,000 after acquiring an additional 42,502 shares during the last quarter. SummerHaven Investment Management LLC raised its stake in DMC Global by 3.2% in the first quarter. SummerHaven Investment Management LLC now owns 57,390 shares of the industrial products company's stock valued at $483,000 after purchasing an additional 1,766 shares in the last quarter. Hunter Associates Investment Management LLC grew its stake in DMC Global by 9.9% in the 1st quarter. Hunter Associates Investment Management LLC now owns 461,380 shares of the industrial products company's stock worth $3,877,000 after buying an additional 41,737 shares in the last quarter. Cooke & Bieler LP grew its stake in DMC Global by 12.0% in the 1st quarter. Cooke & Bieler LP now owns 1,963,653 shares of the industrial products company's stock worth $16,534,000 after buying an additional 210,234 shares in the last quarter. Finally, Tabor Asset Management LP bought a new position in shares of DMC Global in the 1st quarter worth $166,000. 77.63% of the stock is currently owned by hedge funds and other institutional investors.

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.

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 contact@marketbeat.com.