Roth Capital Issues Positive Outlook for DMC Global Earnings

DMC Global Inc. (NASDAQ:BOOM) – Investment analysts at Roth Capital increased their FY2025 EPS estimates for DMC Global in a research note issued to investors on Tuesday, February 25th. Roth Capital analyst G. Sweeney now expects that the industrial products company will post earnings per share of $0.40 for the year, up from their previous estimate of $0.34. The consensus estimate for DMC Global’s current full-year earnings is ($0.23) per share.

DMC Global (NASDAQ:BOOM) last announced its quarterly earnings data on Monday, February 24th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.38. DMC Global had a positive return on equity of 1.45% and a negative net margin of 14.23%. The business had revenue of $152.37 million during the quarter, compared to analysts’ expectations of $140.50 million.

Other research analysts have also recently issued reports about the stock. Stifel Nicolaus lifted their target price on shares of DMC Global from $8.00 to $9.50 and gave the stock a “hold” rating in a report on Wednesday. StockNews.com upgraded shares of DMC Global from a “sell” rating to a “hold” rating in a report on Wednesday.

DMC Global Stock Performance

Shares of DMC Global stock opened at $8.49 on Thursday. DMC Global has a 1 year low of $6.64 and a 1 year high of $19.72. The firm’s 50-day moving average is $7.83 and its 200 day moving average is $9.59. The stock has a market cap of $170.02 million, a price-to-earnings ratio of -1.08 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.

Hedge Funds Weigh In On DMC Global

A number of hedge funds have recently bought and sold shares of BOOM. Olympiad Research LP grew its stake in shares of DMC Global by 121.8% in the third quarter. Olympiad Research LP now owns 38,314 shares of the industrial products company’s stock worth $497,000 after acquiring an additional 21,037 shares during the period. Los Angeles Capital Management LLC grew its position in DMC Global by 5.6% in the 3rd quarter. Los Angeles Capital Management LLC now owns 21,099 shares of the industrial products company’s stock worth $274,000 after purchasing an additional 1,120 shares during the period. Victory Capital Management Inc. raised its stake in DMC Global by 115.8% during the 3rd quarter. Victory Capital Management Inc. now owns 22,217 shares of the industrial products company’s stock valued at $288,000 after buying an additional 11,924 shares during the last quarter. Empowered Funds LLC raised its stake in DMC Global by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 91,011 shares of the industrial products company’s stock valued at $1,181,000 after buying an additional 4,556 shares during the last quarter. Finally, Quest Partners LLC lifted its holdings in shares of DMC Global by 25.7% during the 3rd quarter. Quest Partners LLC now owns 6,718 shares of the industrial products company’s stock valued at $87,000 after buying an additional 1,373 shares during the period. Hedge funds and other institutional investors own 77.63% of the company’s stock.

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.