DMC Global (NASDAQ:BOOM – Get Rating) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, August 4th. Analysts expect DMC Global to post earnings of ($0.12) per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
DMC Global (NASDAQ:BOOM – Get Rating) last posted its earnings results on Thursday, May 5th. The industrial products company reported ($0.16) EPS for the quarter, topping the consensus estimate of ($0.36) by $0.20. DMC Global had a negative net margin of 1.14% and a negative return on equity of 0.05%. The business had revenue of $138.70 million for the quarter, compared to the consensus estimate of $129.25 million. During the same period last year, the company earned $0.04 EPS. The firm’s revenue was up 149.0% compared to the same quarter last year. On average, analysts expect DMC Global to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.
DMC Global Stock Up 3.4 %
NASDAQ:BOOM opened at $20.90 on Thursday. The firm’s 50 day simple moving average is $22.05 and its 200 day simple moving average is $28.54. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.11 and a quick ratio of 0.93. DMC Global has a one year low of $15.87 and a one year high of $47.46. The company has a market cap of $407.49 million, a PE ratio of -28.68, a P/E/G ratio of 2.54 and a beta of 1.50.
Wall Street Analysts Forecast Growth
Insider Transactions at DMC Global
In other news, CEO Kevin T. Longe sold 5,854 shares of the business’s stock in a transaction that occurred on Friday, May 13th. The shares were sold at an average price of $21.77, for a total value of $127,441.58. Following the transaction, the chief executive officer now owns 71,118 shares in the company, valued at approximately $1,548,238.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.80% of the company’s stock.
Institutional Trading of DMC Global
Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. increased its stake in shares of DMC Global by 3.5% in the 1st quarter. BlackRock Inc. now owns 3,105,726 shares of the industrial products company’s stock valued at $94,726,000 after acquiring an additional 104,082 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of DMC Global by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 1,355,990 shares of the industrial products company’s stock valued at $41,358,000 after acquiring an additional 46,796 shares in the last quarter. State Street Corp increased its stake in shares of DMC Global by 17.3% in the 1st quarter. State Street Corp now owns 805,641 shares of the industrial products company’s stock valued at $24,572,000 after acquiring an additional 118,793 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of DMC Global by 36.0% in the 1st quarter. Wellington Management Group LLP now owns 216,787 shares of the industrial products company’s stock valued at $6,612,000 after acquiring an additional 57,436 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of DMC Global by 3.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 138,208 shares of the industrial products company’s stock valued at $4,216,000 after acquiring an additional 4,369 shares in the last quarter. Institutional investors own 96.59% of the company’s stock.
DMC Global Company Profile
DMC Global Inc provides a suite of technical products for the energy, industrial, and infrastructure markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building materials, including storefronts and entrances, windows, curtain walls, and interior partitions; architectural components, architectural framing systems, and sun control products; sliding and glazing systems; and engineered steel, aluminum, and wood door and window systems.
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