NASDAQ:BOOMDmc Global Stock Price, Forecast & News

Dmc Global's stock was trading at $22.45 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BOOM shares have increased by 27.2% and is now trading at $28.55. 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) posted its quarterly earnings data on Thursday, April, 23rd. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.40 by $0.05. The industrial products company earned $73.56 million during the quarter, compared to analyst estimates of $72.87 million. Dmc Global had a net margin of 6.21% and a return on equity of 27.05%. Dmc Global's quarterly revenue was down 26.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.02 EPS. View Dmc Global's earnings history.

Dmc Global announced a quarterly dividend on Tuesday, March 17th. Investors of record on Tuesday, March 31st will be given a dividend of $0.125 per share on Wednesday, April 15th. This represents a $0.50 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date of this dividend is Monday, March 30th. View Dmc Global's dividend history.

6 Wall Street analysts have issued twelve-month price objectives for Dmc Global's stock. Their forecasts range from $30.00 to $79.00. On average, they expect Dmc Global's stock price to reach $46.40 in the next twelve months. This suggests a possible upside of 62.5% from the stock's current price. View analysts' price targets for Dmc Global.

Headlines about BOOM stock have trended very negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Dmc Global earned a news impact score of -3.4 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the stock's share price in the next few days. View the latest news aboutDmc Global.

Dmc Global saw a drop in short interest in the month of 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 trading volume of 287,800 shares, the short-interest ratio is currently 9.2 days. Currently, 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), IDEX (IEX), Xylem (XYL), Ingersoll-Rand (IR), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Donaldson (DCI), Gardner Denver (GDI), ITT (ITT) and Lincoln Electric (LECO). 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 institutional and retail 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 purchased 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 $28.55.

Dmc Global has a market capitalization of $421.11 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]