DMC Global (BOOM) Stock Forecast, Price & News

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

2 Wall Street research analysts have issued 1 year price objectives for DMC Global's stock. Their BOOM share price forecasts range from $35.00 to $35.00. On average, they anticipate the company's stock price to reach $35.00 in the next twelve months. This suggests a possible upside of 110.2% 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 at the beginning of 2023. Since then, BOOM stock has decreased by 14.4% and is now trading at $16.65.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our BOOM earnings forecast.

DMC Global Inc. (NASDAQ:BOOM) posted its quarterly earnings results on Thursday, May, 4th. The industrial products company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.02. The industrial products company had revenue of $184.34 million for the quarter, compared to analyst estimates of $171.70 million. DMC Global had a trailing twelve-month return on equity of 6.46% and a net margin of 3.34%. DMC Global's quarterly revenue was up 32.9% compared to the same quarter last year. During the same period last year, the business posted ($0.16) earnings per share.

ETFs with the largest weight of DMC Global (NASDAQ:BOOM) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE), SPDR S&P Oil & Gas Equipment & Services ETF (XES), Invesco S&P SmallCap 600 Pure Value ETF (RZV), iShares U.S. Oil Equipment & Services ETF (IEZ) and Vanguard Energy ETF (VDE).Fidelity MSCI Energy Index ETF (FENY),

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 42.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BOOM will have a dividend payout ratio of 20.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BOOM.

DMC Global updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $177.00 million-$187.00 million, compared to the consensus revenue estimate of $177.37 million.

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 trades on the NASDAQ under the ticker symbol "BOOM."

DMC Global's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.63%), Cooke & Bieler LP (8.34%), State Street Corp (4.17%), Wasatch Advisors LP (2.46%), Geode Capital Management LLC (1.84%) and Dimensional Fund Advisors LP (1.77%). Insiders that own company stock include Andrea E Bertone, Antoine Nobili, David C Aldous, Ian Grieves, Kevin T Longe, Michael Kuta, Michelle H Shepston, Richard P Graff, Robert A Cohen and Yvon Pierre Cariou.
View institutional ownership trends.

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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One share of BOOM stock can currently be purchased for approximately $16.65.

DMC Global (NASDAQ:BOOM) has a market capitalization of $328.29 million and generates $699.71 million in revenue each year. The industrial products company earns $12.25 million in net income (profit) each year or $1.17 on an earnings per share basis.

The company employs 1,700 workers across the globe.

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.