NASDAQ:BOOMDmc Global Stock Price, Forecast & News

Dmc Global's stock was trading at $22.45 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BOOM shares have increased by 19.8% and is now trading at $26.89. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dmc Global in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Dmc Global.

Dmc Global is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Dmc Global.

Dmc Global Inc (NASDAQ:BOOM) released its quarterly earnings results on Thursday, April, 23rd. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.05. The industrial products company had revenue of $73.56 million for the quarter, compared to analyst estimates of $72.87 million. Dmc Global had a return on equity of 27.05% and a net margin of 6.21%. The business's revenue for the quarter was down 26.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.02 EPS. View Dmc Global's earnings history.

Dmc Global declared a quarterly dividend on Tuesday, March 17th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.125 per share on Wednesday, April 15th. This represents a $0.50 annualized dividend and a yield of 1.86%. The ex-dividend date is Monday, March 30th. View Dmc Global's dividend history.

6 brokers have issued 1 year price objectives for Dmc Global's shares. Their forecasts range from $30.00 to $79.00. On average, they anticipate Dmc Global's stock price to reach $46.40 in the next year. This suggests a possible upside of 72.6% from the stock's current price. View analysts' price targets for Dmc Global.

News coverage about BOOM stock has been trending negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Dmc Global earned a coverage optimism score of -2.7 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutDmc Global.

Dmc Global saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,660,000 shares, a drop of 5.3% from the April 30th total of 2,810,000 shares. Based on an average daily trading volume, of 287,800 shares, the days-to-cover ratio is presently 9.2 days. Approximately 18.5% of the company's shares are short sold. View Dmc Global's Current Options Chain.

Some companies that are related to Dmc Global include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Ingersoll-Rand (IR), IDEX (IEX), Xylem (XYL), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Lincoln Electric (LECO) and ITT (ITT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dmc Global investors own include Cisco Systems (CSCO), Alibaba Group (BABA), Canopy Growth (CGC), NVIDIA (NVDA), CVS Health (CVS), Micron Technology (MU), Baidu (BIDU), Roku (ROKU), Square (SQ) and Verizon Communications (VZ).

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

Dmc Global's stock is owned by many different retail and institutional investors. Top institutional shareholders include Brown Capital Management LLC (17.41%), BlackRock Inc. (14.40%), Van Den Berg Management I Inc. (4.93%), Wellington Management Group LLP (4.59%), New York State Common Retirement Fund (4.13%) and State Street Corp (3.61%). Company insiders that own Dmc Global stock include Ian Grieves, John Edgar Scheatzle, Jr, Michael Kuta, Richard P Graff and Yvon Pierre Cariou. View institutional ownership trends for Dmc Global.

BOOM stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., BlackRock Inc., Monarch Partners Asset Management LLC, Janus Henderson Group PLC, Invesco Ltd., Morgan Stanley, Granahan Investment Management Inc. MA, and Van Den Berg Management I Inc.. View insider buying and selling activity for Dmc Global.

BOOM stock was bought by a variety of institutional investors in the last quarter, including Investment Counselors of Maryland LLC, Van ECK Associates Corp, Loomis Sayles & Co. L P, Wasatch Advisors Inc., Federated Hermes Inc., FDx Advisors Inc., FDx Advisors Inc., and Deutsche Bank AG. View insider buying and selling activity for Dmc Global.

Shares of BOOM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BOOM stock can currently be purchased for approximately $26.89.

Dmc Global has a market capitalization of $396.65 million and generates $397.55 million in revenue each year. The industrial products company earns $34.04 million in net income (profit) each year or $3.75 on an earnings per share basis. Dmc Global employs 665 workers across the globe.

The official website for Dmc Global is www.dmcglobal.com.

Dmc Global's mailing address is 11800 RIDGE PARKWAY SUITE 300, BROOMFIELD CO, 80021. The industrial products company can be reached via phone at 303-665-5700 or via email at [email protected]