DMC Global (NASDAQ:BOOM) Posts Earnings Results, Misses Estimates By $0.40 EPS

DMC Global (NASDAQ:BOOMGet Free Report) released its quarterly earnings data on Monday. The industrial products company reported ($0.49) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.40), Zacks reports. The business had revenue of $152.43 million for the quarter, compared to the consensus estimate of $152.00 million. DMC Global had a return on equity of 6.06% and a net margin of 2.29%. During the same period in the previous year, the business posted $0.50 earnings per share. DMC Global updated its Q4 2024 guidance to EPS.

DMC Global Price Performance

DMC Global stock traded down $1.19 during trading hours on Tuesday, hitting $8.65. 249,351 shares of the stock were exchanged, compared to its average volume of 260,561. The stock has a market capitalization of $173.35 million, a P/E ratio of 11.61 and a beta of 1.66. The business’s 50-day moving average is $11.93 and its two-hundred day moving average is $13.01. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.15 and a current ratio of 2.53. DMC Global has a 12 month low of $8.60 and a 12 month high of $19.73.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Stifel Nicolaus decreased their price objective on DMC Global from $17.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, October 11th. Roth Mkm reaffirmed a “buy” rating and issued a $24.00 price target on shares of DMC Global in a research note on Wednesday, July 31st.

Check Out Our Latest Report on DMC Global

About DMC Global

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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.

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Earnings History for DMC Global (NASDAQ:BOOM)

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