DMC Global (BOOM) Projected to Post Quarterly Earnings on Monday

DMC Global (NASDAQ:BOOM) is anticipated to issue its quarterly earnings data after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of ($0.29) per share and revenue of $140.50 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

DMC Global Stock Down 1.9 %

BOOM stock opened at $8.44 on Friday. The stock has a market capitalization of $169.02 million, a P/E ratio of -1.07 and a beta of 1.59. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.37 and a quick ratio of 1.09. DMC Global has a 1-year low of $6.64 and a 1-year high of $19.72. The business has a fifty day moving average price of $7.70 and a 200-day moving average price of $9.67.

Analysts Set New Price Targets

BOOM has been the subject of a number of research reports. StockNews.com cut DMC Global from a “hold” rating to a “sell” rating in a research report on Tuesday. Stifel Nicolaus downgraded shares of DMC Global from a “buy” rating to a “hold” rating and lowered their price target for the company from $16.00 to $8.00 in a report on Wednesday, November 20th.

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.