DMC Global (BOOM) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DMC Global in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BOOM shares.
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2 brokers have issued 1 year price objectives 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 101.7% from the stock's current price.
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DMC Global's stock was trading at $19.44 at the beginning of the year. Since then, BOOM stock has decreased by 10.8% and is now trading at $17.35.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
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DMC Global Inc. (NASDAQ:BOOM) posted its earnings results on Thursday, May, 4th. The industrial products company reported $0.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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%. The business's revenue for the quarter was up 32.9% on a year-over-year basis. During the same quarter last year, the firm posted ($0.16) EPS.

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) and

DMC Global issued an update on 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 a variety of 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.
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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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One share of BOOM stock can currently be purchased for approximately $17.35.

DMC Global (NASDAQ:BOOM) has a market capitalization of $342.14 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 $1.17 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.