Dmc Global (NASDAQ:BOOM) is scheduled to release its earnings data after the market closes on Thursday, October 25th. Analysts expect Dmc Global to post earnings of $0.49 per share for the quarter. Dmc Global has set its FY18 guidance at $1.80-2.00 EPS.
Dmc Global (NASDAQ:BOOM) last issued its quarterly earnings data on Thursday, July 26th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.03. Dmc Global had a positive return on equity of 16.70% and a negative net margin of 2.25%. The business had revenue of $80.90 million during the quarter, compared to analyst estimates of $74.95 million. During the same period in the previous year, the firm earned $0.01 EPS. Dmc Global’s quarterly revenue was up 71.4% compared to the same quarter last year. On average, analysts expect Dmc Global to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of BOOM opened at $37.56 on Thursday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.22 and a quick ratio of 1.30. Dmc Global has a 52-week low of $17.20 and a 52-week high of $51.05. The company has a market capitalization of $607.46 million, a P/E ratio of 236.31, a price-to-earnings-growth ratio of 1.06 and a beta of 0.43.
In other Dmc Global news, insider John Edgar Scheatzle, Jr. sold 1,299 shares of the company’s stock in a transaction that occurred on Friday, August 17th. The stock was sold at an average price of $41.41, for a total transaction of $53,791.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Yvon Pierre Cariou sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 21st. The stock was sold at an average price of $42.97, for a total value of $1,074,250.00. Following the transaction, the director now directly owns 144,823 shares of the company’s stock, valued at approximately $6,223,044.31. The disclosure for this sale can be found here. Corporate insiders own 5.20% of the company’s stock.
Several brokerages recently issued reports on BOOM. Zacks Investment Research upgraded Dmc Global from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 26th. Stifel Nicolaus began coverage on Dmc Global in a research report on Monday, September 10th. They issued a “buy” rating and a $53.00 price objective for the company. TheStreet upgraded Dmc Global from a “c” rating to a “b-” rating in a research report on Wednesday, September 5th. ValuEngine lowered Dmc Global from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 28th. Finally, Roth Capital set a $58.00 price objective on Dmc Global and gave the company a “buy” rating in a research report on Saturday, July 28th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Dmc Global currently has an average rating of “Buy” and a consensus target price of $49.75.
Dmc Global Company Profile
DMC Global Inc engages in technical product and process businesses serving the energy, industrial, and infrastructure markets worldwide. The company operates in two segments, NobelClad and DynaEnergetics. The NobelClad segment produces explosion-welded clad metal plates for use in the construction of heavy, corrosion resistant pressure vessels, and heat exchangers for oil and gas, chemical and petrochemical, alternative energy, hydrometallurgy, aluminum production, shipbuilding, power generation, industrial refrigeration, and other industries.
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