Q4 2024 EPS Estimates for DMC Global Inc. Cut by Roth Capital (NASDAQ:BOOM)

DMC Global Inc. (NASDAQ:BOOM) – Roth Capital cut their Q4 2024 earnings estimates for shares of DMC Global in a report released on Thursday, May 2nd. Roth Capital analyst G. Sweeney now expects that the industrial products company will earn $0.57 per share for the quarter, down from their prior estimate of $0.58. The consensus estimate for DMC Global’s current full-year earnings is $1.50 per share.

BOOM has been the subject of several other research reports. StockNews.com downgraded DMC Global from a “buy” rating to a “hold” rating in a research report on Monday. Stifel Nicolaus lowered their price target on shares of DMC Global from $27.00 to $24.00 and set a “buy” rating for the company in a report on Monday.

DMC Global Trading Down 1.1 %

NASDAQ BOOM opened at $13.05 on Monday. The stock has a 50-day moving average of $17.41 and a 200-day moving average of $17.40. The company has a current ratio of 2.54, a quick ratio of 1.12 and a debt-to-equity ratio of 0.21. DMC Global has a 1-year low of $12.97 and a 1-year high of $27.16. The firm has a market cap of $260.74 million, a PE ratio of 10.70 and a beta of 1.59.

DMC Global (NASDAQ:BOOM) last posted its quarterly earnings results 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). DMC Global had a return on equity of 8.21% and a net margin of 3.61%. The business had revenue of $174.04 million during the quarter, compared to the consensus estimate of $170.80 million. During the same period in the prior year, the firm earned $0.22 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC bought a new stake in shares of DMC Global in the 3rd quarter worth approximately $173,000. Bailard Inc. purchased a new position in DMC Global during the 3rd quarter valued at $216,000. New York State Teachers Retirement System bought a new position in DMC Global in the 3rd quarter worth $42,000. Panagora Asset Management Inc. lifted its position in shares of DMC Global by 167.8% in the 3rd quarter. Panagora Asset Management Inc. now owns 121,536 shares of the industrial products company’s stock worth $2,974,000 after purchasing an additional 76,159 shares during the period. Finally, Olympiad Research LP bought a new stake in shares of DMC Global during the 3rd quarter valued at about $262,000. Hedge funds and other institutional investors own 77.63% of the company’s stock.

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.