Brokerages expect that Dmc Global Inc (NASDAQ:BOOM) will post $0.75 earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Dmc Global’s earnings, with the lowest EPS estimate coming in at $0.74 and the highest estimate coming in at $0.75. Dmc Global reported earnings of $0.49 per share during the same quarter last year, which would indicate a positive year over year growth rate of 53.1%. The firm is scheduled to report its next earnings results on Thursday, April 25th.

According to Zacks, analysts expect that Dmc Global will report full-year earnings of $3.32 per share for the current financial year, with EPS estimates ranging from $2.63 to $3.70. For the next fiscal year, analysts forecast that the business will post earnings of $4.25 per share, with EPS estimates ranging from $3.45 to $4.80. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that cover Dmc Global.

Dmc Global (NASDAQ:BOOM) last issued its quarterly earnings data on Thursday, February 21st. The industrial products company reported $0.46 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.10. Dmc Global had a return on equity of 25.65% and a net margin of 9.34%. The company had revenue of $90.30 million during the quarter, compared to analyst estimates of $82.39 million. During the same quarter in the previous year, the company posted $0.09 earnings per share. Dmc Global’s revenue was up 65.7% compared to the same quarter last year.

Several analysts recently commented on BOOM shares. Zacks Investment Research lowered Dmc Global from a “buy” rating to a “hold” rating in a report on Thursday, December 27th. Stephens started coverage on Dmc Global in a report on Wednesday, January 9th. They issued an “overweight” rating and a $50.00 price objective for the company. BidaskClub lowered Dmc Global from a “hold” rating to a “sell” rating in a report on Saturday, February 2nd. ValuEngine raised Dmc Global from a “hold” rating to a “buy” rating in a report on Saturday, February 23rd. Finally, Sidoti set a $49.00 price objective on Dmc Global and gave the stock a “buy” rating in a report on Friday, February 22nd. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $61.50.

In other Dmc Global 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 transaction of $812,427.03. Following the completion of the sale, the director now owns 129,135 shares of the company’s stock, valued at $6,031,895.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 4.40% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. Chartwell Investment Partners LLC bought a new stake in Dmc Global during the first quarter valued at about $1,750,000. Mesirow Financial Investment Management Inc. bought a new stake in Dmc Global during the first quarter valued at about $519,000. Geode Capital Management LLC grew its holdings in Dmc Global by 7.4% during the fourth quarter. Geode Capital Management LLC now owns 155,853 shares of the industrial products company’s stock valued at $5,473,000 after purchasing an additional 10,755 shares during the period. Norges Bank bought a new stake in Dmc Global during the fourth quarter valued at about $4,470,000. Finally, Public Employees Retirement System of Ohio grew its holdings in Dmc Global by 17.4% during the fourth quarter. Public Employees Retirement System of Ohio now owns 46,500 shares of the industrial products company’s stock valued at $1,633,000 after purchasing an additional 6,900 shares during the period. 88.58% of the stock is owned by institutional investors and hedge funds.

Shares of BOOM traded up $1.56 during trading hours on Thursday, hitting $66.71. The stock had a trading volume of 227,190 shares, compared to its average volume of 126,806. 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 has a 12 month low of $28.15 and a 12 month high of $66.77. The firm has a market capitalization of $955.67 million, a P/E ratio of 32.23, a PEG ratio of 0.96 and a beta of 0.66.

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

About Dmc Global

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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