DMC Global (BOOM) Stock Price, News & Analysis

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DMC Global in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BOOM shares.
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1 brokers have issued 1 year price targets for DMC Global's stock. Their BOOM share price targets range from $27.00 to $27.00. On average, they expect the company's share price to reach $27.00 in the next year. This suggests a possible upside of 63.0% from the stock's current price.
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DMC Global's stock was trading at $18.82 on January 1st, 2024. Since then, BOOM stock has decreased by 12.0% and is now trading at $16.56.
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DMC Global saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 473,900 shares, a decline of 52.4% from the March 15th total of 995,200 shares. Based on an average trading volume of 259,600 shares, the short-interest ratio is presently 1.8 days. Approximately 2.5% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
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DMC Global will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

DMC Global Inc. (NASDAQ:BOOM) posted its quarterly earnings results on Thursday, February, 22nd. The industrial products company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by $0.07. The industrial products company had revenue of $174.04 million for the quarter, compared to analyst estimates of $170.80 million. DMC Global had a net margin of 3.29% and a trailing twelve-month return on equity of 9.14%. During the same quarter last year, the business earned $0.22 earnings per share.

ETFs with the largest weight of DMC Global (NASDAQ:BOOM) stock in their portfolio include SPDR S&P Oil & Gas Equipment & Services ETF (XES) and Invesco Nasdaq Future Gen 200 ETF (QQQS).iShares U.S. Oil Equipment & Services ETF (IEZ).

DMC Global issued an update on its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $168.0 million-$178.0 million, compared to the consensus revenue estimate of $170.6 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's stock is owned by a number of retail and institutional investors. Top institutional investors include Wasatch Advisors LP (1.96%), Los Angeles Capital Management LLC (0.53%), Bridge City Capital LLC (0.50%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include James Oleary, Kevin T Longe, Richard P Graff and Robert A Cohen.
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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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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