DMC Global - BOOM Stock Forecast, Price & News

2 Wall Street 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 analysts is that investors should "buy" BOOM shares.
View BOOM analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 12-month price targets for DMC Global's stock. Their BOOM share price forecasts range from $35.00 to $35.00. On average, they anticipate the company's share price to reach $35.00 in the next twelve months. This suggests a possible upside of 73.2% 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 on January 1st, 2023. Since then, BOOM stock has increased by 4.0% and is now trading at $20.21.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our BOOM earnings forecast.

DMC Global Inc. (NASDAQ:BOOM) announced its earnings results on Thursday, February, 23rd. The industrial products company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.30 by $0.08. The industrial products company earned $175.10 million during the quarter, compared to analysts' expectations of $171.23 million. DMC Global had a trailing twelve-month return on equity of 3.72% and a net margin of 2.93%. DMC Global's revenue for the quarter was up 143.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.05 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), Invesco S&P SmallCap 600 Equal Weight ETF (EWSC) and Vanguard Energy ETF (VDE).Fidelity MSCI Energy Index ETF (FENY) and

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 70.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BOOM will have a dividend payout ratio of 18.12% 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 first quarter 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $168.00 million-$178.00 million, compared to the consensus revenue estimate of $164.43 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 number of retail and institutional investors. Top institutional investors include Cooke & Bieler LP (8.54%), Earnest Partners LLC (7.32%), Millennium Management LLC (3.18%), Dimensional Fund Advisors LP (1.84%), Geode Capital Management LLC (1.77%) and Hunter Associates Investment Management LLC (1.73%). 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.
Compare Top Brokerages Here.

One share of BOOM stock can currently be purchased for approximately $20.21.

DMC Global (NASDAQ:BOOM) has a market capitalization of $398.50 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 $0.71 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.