DMC Global (BOOM) Scheduled to Post Earnings on Thursday

DMC Global (NASDAQ:BOOM) is scheduled to announce its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.20 per share for the quarter. DMC Global has set its Q1 2024 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

DMC Global (NASDAQ:BOOM) last released its earnings results on Thursday, February 22nd. The industrial products company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.07). The firm had revenue of $174.04 million during the quarter, compared to analysts’ expectations of $170.80 million. DMC Global had a return on equity of 9.14% and a net margin of 3.29%. During the same period in the previous year, the firm posted $0.22 earnings per share. On average, analysts expect DMC Global to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

DMC Global Stock Down 0.3 %

BOOM stock opened at $16.69 on Thursday. The stock has a market capitalization of $330.30 million, a P/E ratio of 15.45 and a beta of 1.62. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.27 and a current ratio of 2.58. DMC Global has a one year low of $14.89 and a one year high of $27.16. The company has a 50 day moving average price of $17.84 and a two-hundred day moving average price of $17.79.

Analysts Set New Price Targets

Several analysts have commented on BOOM shares. Stifel Nicolaus lowered their target price on shares of DMC Global from $28.00 to $27.00 and set a “buy” rating for the company in a research note on Tuesday, February 27th. StockNews.com upgraded shares of DMC Global from a “hold” rating to a “buy” rating in a report on Thursday, April 4th.

DMC Global Company Profile

DMC Global Inc provides a suite of engineered products and various solutions for the construction, energy, industrial processing, and transportation markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building products, including exterior and interior framing systems, curtain walls, windows, doors, and interior partitions; architectural components, architectural framing systems, entrance systems, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows.