DMC Global Stock Price, News & Analysis (NASDAQ:BOOM)

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DMC Global in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BOOM shares.
View BOOM analyst ratings or view top-rated stocks.

3 equities research analysts have issued twelve-month price objectives for DMC Global's stock. Their BOOM share price targets range from $35.00 to $35.00. On average, they anticipate the company's stock price to reach $35.00 in the next year. This suggests a possible upside of 121.4% from the stock's current price.
View analysts price targets for BOOM or view top-rated stocks among Wall Street analysts.

DMC Global's stock was trading at $19.44 on January 1st, 2023. Since then, BOOM stock has decreased by 18.7% and is now trading at $15.81.
View the best growth stocks for 2023 here.

DMC Global saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 525,400 shares, a drop of 36.3% from the October 31st total of 824,300 shares. Based on an average daily trading volume, of 198,200 shares, the days-to-cover ratio is currently 2.7 days. Currently, 2.8% of the shares of the stock are short sold.
View DMC Global's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our BOOM earnings forecast.

DMC Global Inc. (NASDAQ:BOOM) released its earnings results on Thursday, November, 2nd. The industrial products company reported $0.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by $0.04. The industrial products company earned $172.15 million during the quarter, compared to analysts' expectations of $183.97 million. DMC Global had a net margin of 4.68% and a trailing twelve-month return on equity of 9.07%.

DMC Global (NASDAQ:BOOM) pays an annual dividend of $0.50 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 31.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BOOM will have a dividend payout ratio of 23.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BOOM.

ETFs with the largest weight of DMC Global (NASDAQ:BOOM) stock in their portfolio include SPDR S&P Oil & Gas Equipment & Services ETF (XES).iShares U.S. Oil Equipment & Services ETF (IEZ).

Based on aggregate information from My MarketBeat watchlists, some companies that other DMC Global investors own include Alibaba Group (BABA), Cisco Systems (CSCO), Micron Technology (MU), NVIDIA (NVDA), Baidu (BIDU), CVS Health (CVS), QUALCOMM (QCOM), Block (SQ) and Cronos Group (CRON).

DMC Global's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Earnest Partners LLC (5.56%), Kennedy Capital Management LLC (2.00%), Hunter Associates Investment Management LLC (1.67%), Manatuck Hill Partners LLC (1.25%), Pacific Ridge Capital Partners LLC (1.13%) and Northern Trust Corp (1.01%). Insiders that own company stock include Antoine Nobili, David C Aldous, Kevin T Longe, Michael Kuta, Richard P Graff and Robert A Cohen.
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Shares of BOOM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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