DMC Global (NASDAQ:BOOM) Issues Earnings Results

DMC Global (NASDAQ:BOOM) issued its quarterly earnings results on Monday. The industrial products company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.38, Zacks reports. DMC Global had a positive return on equity of 1.45% and a negative net margin of 14.23%. DMC Global updated its Q1 2025 guidance to EPS.

DMC Global Price Performance

NASDAQ:BOOM traded down $0.13 during mid-day trading on Monday, reaching $8.31. 273,895 shares of the stock were exchanged, compared to its average volume of 202,218. The business has a fifty day moving average price of $7.70 and a 200 day moving average price of $9.64. The firm has a market capitalization of $166.45 million, a PE ratio of -1.05 and a beta of 1.59. DMC Global has a 1-year low of $6.64 and a 1-year high of $19.72. The company has a current ratio of 2.37, a quick ratio of 1.09 and a debt-to-equity ratio of 0.28.

Analysts Set New Price Targets

A number of brokerages have recently commented on BOOM. StockNews.com lowered DMC Global from a “hold” rating to a “sell” rating in a report on Tuesday, February 18th. Stifel Nicolaus lowered DMC Global from a “buy” rating to a “hold” rating and lowered their price target for the company from $16.00 to $8.00 in a report on Wednesday, November 20th.

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.