DMC Global (NASDAQ:BOOM) Stock Rating Lowered by Zacks Research

DMC Global (NASDAQ:BOOM) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of DMC Global from a “buy” rating to a “hold” rating in a research note on Friday, July 18th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of DMC Global in a report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Sell” and an average target price of $8.50.

DMC Global Stock Performance

Shares of BOOM traded down $0.15 during mid-day trading on Thursday, hitting $6.04. The stock had a trading volume of 242,618 shares, compared to its average volume of 199,697. DMC Global has a 52 week low of $5.78 and a 52 week high of $9.92. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.76 and a quick ratio of 1.34. The business has a fifty day moving average price of $7.61 and a 200-day moving average price of $7.42. The firm has a market cap of $124.31 million, a P/E ratio of -0.70 and a beta of 1.50.

DMC Global (NASDAQ:BOOM) last announced its quarterly earnings data on Tuesday, November 4th. The industrial products company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.09). DMC Global had a negative return on equity of 1.27% and a negative net margin of 17.54%.The firm had revenue of $151.53 million during the quarter, compared to analysts’ expectations of $145.90 million. DMC Global has set its Q4 2025 guidance at EPS. On average, equities research analysts expect that DMC Global will post -0.23 EPS for the current year.

Institutional Trading of DMC Global

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. GSA Capital Partners LLP purchased a new stake in DMC Global in the 3rd quarter worth approximately $189,000. JPMorgan Chase & Co. increased its holdings in shares of DMC Global by 25.4% in the third quarter. JPMorgan Chase & Co. now owns 171,989 shares of the industrial products company’s stock worth $1,453,000 after purchasing an additional 34,786 shares during the period. SummerHaven Investment Management LLC raised its position in shares of DMC Global by 69.6% in the third quarter. SummerHaven Investment Management LLC now owns 101,090 shares of the industrial products company’s stock worth $854,000 after buying an additional 41,487 shares in the last quarter. Strs Ohio raised its position in shares of DMC Global by 10.8% in the third quarter. Strs Ohio now owns 72,900 shares of the industrial products company’s stock worth $616,000 after buying an additional 7,100 shares in the last quarter. Finally, Inscription Capital LLC bought a new stake in DMC Global during the third quarter valued at $116,000. Institutional investors own 77.63% of the company’s stock.

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.