DMC Global (NASDAQ:BOOM) Share Price Passes Above Two Hundred Day Moving Average - What's Next?

Key Points

• DMC Global shares have surpassed the 200-day moving average, currently trading at $8.33, marking a notable increase as the stock previously reached $8.35.
• Wall Street analysts have downgraded the stock, with a consensus rating of "Hold" and an average target price of $8.50 after recent reports.
• The company reported better-than-expected quarterly earnings, with earnings per share of $0.12, exceeding estimates of $0.05, and a revenue of $155.49 million.

DMC Global (NASDAQ:BOOM - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.37 and traded as high as $8.35. DMC Global shares last traded at $8.33, with a volume of 138,957 shares.

Wall Street Analysts Forecast Growth

BOOM has been the subject of a number of research analyst reports. Wall Street Zen cut DMC Global from a "buy" rating to a "hold" rating in a report on Friday, July 18th. Zacks Research cut 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, According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $8.50.

DMC Global Stock Up 1.7%

The business has a fifty day moving average of $7.25 and a 200 day moving average of $7.37. The company has a market capitalization of $171.43 million, a PE ratio of -0.96 and a beta of 1.41. The company has a current ratio of 2.76, a quick ratio of 1.34 and a debt-to-equity ratio of 0.22.

DMC Global (NASDAQ:BOOM - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.07. The business had revenue of $155.49 million during the quarter, compared to analysts' expectations of $151.60 million. DMC Global had a negative return on equity of 1.27% and a negative net margin of 17.54%. DMC Global has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that DMC Global will post -0.23 EPS for the current year.

Institutional Investors Weigh In On DMC Global

Several hedge funds and other institutional investors have recently made changes to their positions in BOOM. Jane Street Group LLC increased its position in DMC Global by 13.3% during the fourth quarter. Jane Street Group LLC now owns 13,520 shares of the industrial products company's stock worth $99,000 after buying an additional 1,585 shares during the period. Squarepoint Ops LLC acquired a new position in shares of DMC Global in the fourth quarter valued at approximately $153,000. Mackenzie Financial Corp acquired a new position in shares of DMC Global in the fourth quarter valued at approximately $288,000. GAMMA Investing LLC increased its holdings in shares of DMC Global by 1,715.2% in the first quarter. GAMMA Investing LLC now owns 44,980 shares of the industrial products company's stock valued at $379,000 after purchasing an additional 42,502 shares during the period. Finally, SummerHaven Investment Management LLC increased its holdings in shares of 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 during the period. Institutional investors and hedge funds own 77.63% of the company's stock.

About DMC Global

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.

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