A number of firms have modified their ratings and price targets on shares of Dmc Global (NASDAQ: BOOM) recently:

  • 4/10/2019 – Dmc Global was given a new $79.00 price target on by analysts at Chardan Capital. They now have a “buy” rating on the stock.
  • 4/8/2019 – Dmc Global had its price target raised by analysts at Roth Capital from $50.00 to $70.00. They now have a “buy” rating on the stock.
  • 4/8/2019 – Dmc Global had its price target raised by analysts at Stifel Nicolaus from $53.00 to $70.00. They now have a “buy” rating on the stock.
  • 4/5/2019 – Dmc Global was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 3/22/2019 – Dmc Global was given a new $50.00 price target on by analysts at Roth Capital. They now have a “buy” rating on the stock.
  • 3/19/2019 – Dmc Global was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $51.00 price target on the stock. According to Zacks, “DMC Global Inc. is a technology company. Its operating sector consists of industrial infrastructure and oilfield products and services. Industrial infrastructure sector is served by DMC’s NobelClad business is a manufacturer of explosion-welded clad metal plates, which are used to fabricate capital equipment. Oilfield products and services sector is served by DynaEnergetics, is a developer, manufacturer and marketer of advanced explosive components and systems used to perforate oil and gas wells. DMC Global Inc. is based in Boulder, Colorado. “
  • 3/12/2019 – Dmc Global was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 2/26/2019 – Dmc Global was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “DMC Global Inc. is a technology company. Its operating sector consists of industrial infrastructure and oilfield products and services. Industrial infrastructure sector is served by DMC’s NobelClad business is a manufacturer of explosion-welded clad metal plates, which are used to fabricate capital equipment. Oilfield products and services sector is served by DynaEnergetics, is a developer, manufacturer and marketer of advanced explosive components and systems used to perforate oil and gas wells. DMC Global Inc. is based in Boulder, Colorado. “
  • 2/23/2019 – Dmc Global was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 2/22/2019 – Dmc Global was given a new $53.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 2/22/2019 – Dmc Global was given a new $49.00 price target on by analysts at Sidoti. They now have a “buy” rating on the stock.
  • 2/20/2019 – Dmc Global was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

BOOM stock opened at $69.03 on Tuesday. The stock has a market capitalization of $974.35 million, a P/E ratio of 33.35, a P/E/G ratio of 1.00 and a beta of 0.66. Dmc Global Inc has a 52 week low of $28.30 and a 52 week high of $69.90. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.05 and a quick ratio of 1.26.

Dmc Global (NASDAQ:BOOM) last posted its quarterly earnings results on Thursday, February 21st. The industrial products company reported $0.46 EPS for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.10. The business had revenue of $90.30 million during the quarter, compared to the consensus estimate of $82.39 million. Dmc Global had a return on equity of 25.65% and a net margin of 9.34%. Dmc Global’s revenue for the quarter was up 65.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.09 earnings per share. On average, sell-side analysts predict that Dmc Global Inc will post 3.32 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 16th. Investors of record on Sunday, March 31st will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date is Thursday, March 28th. Dmc Global’s dividend payout ratio (DPR) is presently 3.86%.

In related news, Director Yvon Pierre Cariou sold 17,393 shares of the business’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $46.71, for a total value of $812,427.03. Following the completion of the transaction, the director now owns 129,135 shares of the company’s stock, valued at $6,031,895.85. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 4.40% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of the stock. Quantamental Technologies LLC bought a new position in Dmc Global in the fourth quarter valued at about $46,000. Legal & General Group Plc grew its position in Dmc Global by 16.0% in the fourth quarter. Legal & General Group Plc now owns 2,580 shares of the industrial products company’s stock valued at $91,000 after acquiring an additional 356 shares during the last quarter. Group One Trading L.P. bought a new position in Dmc Global in the fourth quarter valued at about $92,000. Great West Life Assurance Co. Can grew its position in Dmc Global by 4,820.0% in the fourth quarter. Great West Life Assurance Co. Can now owns 2,706 shares of the industrial products company’s stock valued at $92,000 after acquiring an additional 2,651 shares during the last quarter. Finally, BlueMountain Capital Management LLC bought a new position in Dmc Global in the third quarter valued at about $132,000. 88.58% of the stock is owned by institutional investors and hedge funds.

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 and sells 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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