DMC Global (BOOM) Set to Announce Quarterly Earnings on Thursday

DMC Global (NASDAQ:BOOM) will be announcing its earnings results after the market closes on Thursday, August 1st. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

DMC Global (NASDAQ:BOOM) last announced its quarterly earnings results on Thursday, May 2nd. The industrial products company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.02. DMC Global had a return on equity of 8.21% and a net margin of 3.61%. The business had revenue of $166.87 million during the quarter, compared to the consensus estimate of $172.35 million. On average, analysts expect DMC Global to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

DMC Global Price Performance

NASDAQ:BOOM opened at $13.73 on Wednesday. The company has a market cap of $274.35 million, a P/E ratio of 11.25 and a beta of 1.65. The firm’s fifty day moving average price is $13.74 and its two-hundred day moving average price is $15.83. DMC Global has a one year low of $11.12 and a one year high of $27.16. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.54 and a quick ratio of 1.12.

Wall Street Analyst Weigh In

A number of research analysts recently commented on BOOM shares. StockNews.com lowered shares of DMC Global from a “buy” rating to a “hold” rating in a research note on Monday, May 6th. Stifel Nicolaus lowered their target price on DMC Global from $27.00 to $24.00 and set a “buy” rating on the stock in a research note on Monday, May 6th.

About DMC Global

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.