DMC Global (BOOM) Scheduled to Post Earnings on Thursday

DMC Global (NASDAQ:BOOM) is scheduled to be announcing 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 wish to register for 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). DMC Global had a net margin of 3.29% and a return on equity of 9.14%. The business had revenue of $174.04 million for the quarter, compared to analyst estimates of $170.80 million. During the same period in the prior year, the company earned $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. DMC Global has a 12 month low of $14.89 and a 12 month high of $27.16. The firm has a market cap of $330.30 million, a PE ratio of 15.45 and a beta of 1.62. The firm has a 50 day simple moving average of $17.84 and a 200 day simple moving average of $17.79. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.58 and a quick ratio of 1.27.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on BOOM shares. StockNews.com upgraded shares of DMC Global from a “hold” rating to a “buy” rating in a report on Thursday, April 4th. Stifel Nicolaus cut their price target on shares of DMC Global from $28.00 to $27.00 and set a “buy” rating on the stock in a report on Tuesday, February 27th.

About DMC Global

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.