DMC Global (BOOM) Set to Announce Quarterly Earnings on Thursday

DMC Global (NASDAQ:BOOM) will be issuing its quarterly earnings data 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.Parties that are interested in registering for the company’s conference call can do so using this link.

DMC Global (NASDAQ:BOOM) last issued its quarterly earnings data on Thursday, February 22nd. The industrial products company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.07). The business had revenue of $174.04 million during the quarter, compared to the consensus estimate 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 prior year, the firm earned $0.22 EPS. 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 Up 0.4 %

Shares of NASDAQ:BOOM opened at $16.56 on Tuesday. The firm has a market cap of $327.72 million, a P/E ratio of 15.33 and a beta of 1.62. DMC Global has a 12-month low of $14.89 and a 12-month high of $27.16. The business has a fifty day simple moving average of $17.74 and a 200 day simple moving average of $17.65. The company has a quick ratio of 1.27, a current ratio of 2.58 and a debt-to-equity ratio of 0.25.

Wall Street Analysts Forecast Growth

BOOM has been the subject of a number of analyst reports. StockNews.com upgraded DMC Global from a “hold” rating to a “buy” rating in a research report on Thursday, April 4th. Stifel Nicolaus decreased 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 report on Tuesday, February 27th.

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.