NASDAQ:BOOM

DMC Global (BOOM) Stock Forecast, Price & News

$24.31

-0.68 (-2.72%)

(As of 09/21/2023 ET)

Compare

Today's Range: $24.13
▼
$24.97
50-Day Range: $17.55
▼
$26.72
52-Week Range: $13.95
▼
$28.01

Volume: 145,235 shs
Average Volume: 193,794 shs
Market Capitalization: $480.37 million

P/E Ratio: 14.56
Dividend Yield: N/A
Price Target: $35.00

DMC Global MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 44.0% Upside
$35.00 Price Target
Short Interest: Healthy
2.20% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.22
Based on 10 Articles This Week
Insider Trading: Selling Shares
$91,760 Sold Last Quarter
Proj. Earnings Growth: 24.04%
From $2.08 to $2.58 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.87 out of 5 stars

Industrial Products Sector

20th out of 170 stocks

Miscellaneous Primary Metal Products Industry

1st out of 2 stocks

3.3

Analyst's Opinion

Consensus Rating
DMC Global has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $35.00, DMC Global has a forecasted upside of 44.0% from its current price of $24.31.
Amount of Analyst Coverage
DMC Global has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.20% of the float of DMC Global has been sold short.
Short Interest Ratio / Days to Cover
DMC Global has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in DMC Global has recently decreased by 7.63%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
DMC Global does not currently pay a dividend.
Dividend Growth
DMC Global does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BOOM.

2.1

News and Social Media Coverage

News Sentiment
DMC Global has a news sentiment score of -0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for DMC Global this week, compared to 1 article on an average week.
Search Interest
10 people have searched for BOOM on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
6 people have added DMC Global to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, DMC Global insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $91,760.00 in company stock.
Percentage Held by Insiders
Only 2.10% of the stock of DMC Global is held by insiders.
Percentage Held by Institutions
78.86% of the stock of DMC Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for DMC Global are expected to grow by 24.04% in the coming year, from $2.08 to $2.58 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DMC Global is 14.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.68.
Price to Earnings Ratio vs. Sector
The P/E ratio of DMC Global is 14.56, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.13.
Price to Book Value per Share Ratio
DMC Global has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About DMC Global (NASDAQ:BOOM) Stock

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, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows. It sells its products through a national in-house sales force for buildings, such as office towers, airports, hotels, education and athletic facilities, health care facilities, government buildings, retail centers, luxury homes, mixed use, and multi-family residential buildings. The DynaEnergetics segment designs, manufactures, markets, and sells perforating systems, including initiation systems, shaped charges, detonating cords, gun hardware, and control panels; and perforating systems and associated hardware for the oil and gas industry. It sells its products through direct selling, distributors, and independent sales representatives. The NobelClad segment produces and sells explosion-welded clad metal plates for use in the construction of heavy, corrosion resistant pressure vessels, and heat exchangers for oil and gas, chemical and petrochemical, alternative energy, hydrometallurgy, aluminum production, shipbuilding, rail car manufacturing, power generation, and industrial refrigeration industries. It sells its products through direct sales personnel, program managers, and independent sales representatives. The company was formerly known as Dynamic Materials Corporation and changed its name to DMC Global Inc. in November 2016. DMC Global Inc. was founded in 1965 and is headquartered in Broomfield, Colorado.

BOOM Price History

30 days | 90 days | 365 days | Advanced Chart

BOOM Stock News Headlines

September 21, 2023 | finance.yahoo.com

DMC Global (BOOM) Stock Up 60% in 3 Months: Here's Why

September 19, 2023 | finance.yahoo.com

Do Options Traders Know Something About DMC Global (BOOM) Stock We Don't?

September 22, 2023 | Behind the Markets (Ad)

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September 16, 2023 | americanbankingnews.com

FY2023 EPS Estimates for DMC Global Inc. Cut by Analyst (NASDAQ:BOOM)

September 15, 2023 | americanbankingnews.com

Brokers Set Expectations for DMC Global Inc.'s Q3 2023 Earnings (NASDAQ:BOOM)

September 13, 2023 | finance.yahoo.com

DMC Global to Present at Sidoti Virtual Investor Conference on September 21, 2023

September 8, 2023 | finance.yahoo.com

4 Industrial Services Stocks Countering Industry Headwinds

September 2, 2023 | finance.yahoo.com

DMC Global Inc.'s (NASDAQ:BOOM) Intrinsic Value Is Potentially 97% Above Its Share Price

September 22, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

August 25, 2023 | finance.yahoo.com

DMC Global (BOOM) Shows Fast-paced Momentum But Is Still a Bargain Stock

August 14, 2023 | msn.com

Stifel Maintains DMC Global (BOOM) Buy Recommendation

August 10, 2023 | finance.yahoo.com

DMC Global to Present at 14th Annual Midwest IDEAS Investor Conference on August 24 in Chicago

August 8, 2023 | finance.yahoo.com

Compared to Estimates, DMC Global (BOOM) Q2 Earnings: A Look at Key Metrics

August 7, 2023 | msn.com

DMC Global promotes Kuta to full-time President and CEO

August 7, 2023 | finance.yahoo.com

Ouma Sananikone Appointed To DMC Global’s Board of Directors

August 7, 2023 | finance.yahoo.com

Michael Kuta Named CEO of DMC Global

August 6, 2023 | finance.yahoo.com

DMC Global Inc. (NASDAQ:BOOM) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

July 29, 2023 | investing.com

Dmc Global (BOOM) Earnings Dates & Reports

July 24, 2023 | seekingalpha.com

The Bottom Fishing Club: DMC Global

July 13, 2023 | finance.yahoo.com

A fantastic week for DMC Global Inc.'s (NASDAQ:BOOM) 79% institutional owners, one-year returns continue to impress

June 26, 2023 | finance.yahoo.com

DMC Global (BOOM) Moves 5.1% Higher: Will This Strength Last?

June 7, 2023 | finance.yahoo.com

DynaEnergetics introduces DS Gravity 2.0 and sets a new standard in oriented perforating systems

June 1, 2023 | fool.com

DMC Global (NASDAQ: BOOM)

May 30, 2023 | markets.businessinsider.com

Stifel Nicolaus Sticks to Its Buy Rating for DMC Global (BOOM)

May 25, 2023 | markets.businessinsider.com

Stifel Nicolaus Keeps Their Buy Rating on DMC Global (BOOM)

May 5, 2023 | finance.yahoo.com

Q1 2023 DMC Global Inc Earnings Call

May 4, 2023 | finance.yahoo.com

DMC Global (BOOM) Q1 Earnings and Revenues Beat Estimates

See More Headlines

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BOOM Company Calendar

Last Earnings: 8/08/2023
Today: 9/21/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous primary metal products
Sub-Industry: Industrial Machinery
Sector: Industrial Products
Current Symbol: NASDAQ:BOOM
CUSIP: 26788810
CIK: 34067
Web: www.dmcglobal.com
Phone: (303) 665-5700
Fax: 303-604-1897
Employees: 1,700
Year Founded: 1997

Price Target and Rating

Average Stock Price Forecast: $35.00
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $35.00
Forecasted Upside/Downside: +44.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.67
Trailing P/E Ratio: 14.56
Forward P/E Ratio: 11.69
P/E Growth: N/A
Net Income: $12.25 million
Net Margins: 4.36%
Pretax Margin: 6.70%
Return on Equity: 8.50%
Return on Assets: 3.64%

Debt

Debt-to-Equity Ratio: 0.27
Current Ratio: 2.20
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: $654.09 million
Price / Sales: 0.73
Cash Flow: $3.26 per share
Price / Cash Flow: 7.46
Book Value: $19.49 per share
Price / Book: 1.25

Miscellaneous

Outstanding Shares: 19,760,000
Free Float: 19,349,000
Market Cap: $480.37 million
Optionable: Optionable
Beta: 1.62

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Key Executives

Mr. Michael L. Kuta (Age 49)
CEO, Pres & Director
Comp: $717.8k

Ms. Michelle H. Shepston (Age 48)
Exec. VP, Chief Legal Officer & Sec.
Comp: $549.44k

Mr. Ian Grieves (Age 54)
Pres & MD of DynaEnergetics
Comp: $812.01k

Mr. Eric Walter (Age 53)
Chief Financial Officer

Mr. Brett Seger (Age 40)
Chief Accounting Officer

Mr. Jeff Fithian
Chief Information Officer

Mr. Geoff High
VP of Investor Relations & Corp. Communications

Mr. Antoine Nobili (Age 50)
Pres of NobelClad

Mr. James Chilcoff BBA (Age 59)
MBA, Pres of Arcadia Products LLC

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BOOM Stock - Frequently Asked Questions

Should I buy or sell DMC Global stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DMC Global in the last year. 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.
What is DMC Global's stock price forecast for 2023?: 3 equities research analysts have issued 1-year target prices for DMC Global's shares. Their BOOM share price forecasts range from $35.00 to $35.00. On average, they expect the company's share price to reach $35.00 in the next twelve months. This suggests a possible upside of 44.0% from the stock's current price.
View analysts price targets for BOOM or view top-rated stocks among Wall Street analysts.
How have BOOM shares performed in 2023?: DMC Global's stock was trading at $19.44 on January 1st, 2023. Since then, BOOM stock has increased by 25.1% and is now trading at $24.31.
View the best growth stocks for 2023 here.
Are investors shorting DMC Global?: DMC Global saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 410,300 shares, a decrease of 7.6% from the August 15th total of 444,200 shares. Based on an average daily volume of 287,100 shares, the days-to-cover ratio is currently 1.4 days. Approximately 2.2% of the shares of the stock are sold short.
View DMC Global's Short Interest.
When is DMC Global's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our BOOM earnings forecast.
How were DMC Global's earnings last quarter?: DMC Global Inc. (NASDAQ:BOOM) posted its quarterly earnings data on Tuesday, August, 8th. The industrial products company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.31. The industrial products company had revenue of $188.66 million for the quarter, compared to analysts' expectations of $179 million. DMC Global had a trailing twelve-month return on equity of 8.50% and a net margin of 4.36%. The company's revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.29 earnings per share.
What ETFs hold DMC Global's stock?: 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).
What guidance has DMC Global issued on next quarter's earnings?: DMC Global updated its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $178.00 million-$188.00 million, compared to the consensus revenue estimate of $179.40 million.

What other stocks do shareholders of DMC Global own?: 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).
What is DMC Global's stock symbol?: DMC Global trades on the NASDAQ under the ticker symbol "BOOM."
Who are DMC Global's major shareholders?: DMC Global's stock is owned by many different institutional and retail investors. Top institutional shareholders include Cooke & Bieler LP (8.67%), BlackRock Inc. (8.28%), Earnest Partners LLC (5.70%), Kennedy Capital Management LLC (3.94%), Wasatch Advisors LP (3.25%) and Dimensional Fund Advisors LP (2.64%). Insiders that own company stock include Antoine Nobili, David C Aldous, Kevin T Longe, Michael Kuta, Michelle H Shepston, Richard P Graff, Robert A Cohen and Yvon Pierre Cariou.
View institutional ownership trends.
How do I buy shares of DMC Global?: 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.
Compare Top Brokerages Here.
What is DMC Global's stock price today?: One share of BOOM stock can currently be purchased for approximately $24.31.
How much money does DMC Global make?: DMC Global (NASDAQ:BOOM) has a market capitalization of $480.37 million and generates $654.09 million in revenue each year. The industrial products company earns $12.25 million in net income (profit) each year or $1.67 on an earnings per share basis.
How many employees does DMC Global have?: The company employs 1,700 workers across the globe.
How can I contact DMC Global?: DMC Global's mailing address is 11800 RIDGE PARKWAY SUITE 300, BROOMFIELD CO, 80021. The official website for the company is www.dmcglobal.com. The industrial products company can be reached via phone at (303) 665-5700, via email at ghigh@dmcglobal.com, or via fax at 303-604-1897.

This page (NASDAQ:BOOM) was last updated on 9/22/2023 by MarketBeat.com Staff

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