Dmc Global Inc (NASDAQ:BOOM) insider John Edgar Scheatzle, Jr. sold 1,299 shares of the stock in a transaction on Friday, August 17th. The shares were sold at an average price of $41.41, for a total transaction of $53,791.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of NASDAQ:BOOM traded up $0.20 during midday trading on Friday, reaching $38.95. 53,131 shares of the company’s stock were exchanged, compared to its average volume of 108,810. The company has a market capitalization of $567.26 million, a price-to-earnings ratio of 243.44, a PEG ratio of 0.99 and a beta of 0.44. Dmc Global Inc has a 12 month low of $14.35 and a 12 month high of $51.05. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.30 and a current ratio of 2.22.

Dmc Global (NASDAQ:BOOM) last announced its earnings results on Thursday, July 26th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.03. The business had revenue of $80.90 million during the quarter, compared to analysts’ expectations of $74.95 million. Dmc Global had a negative net margin of 2.25% and a positive return on equity of 16.70%. The firm’s revenue for the quarter was up 71.4% on a year-over-year basis. During the same quarter last year, the company posted $0.01 EPS. sell-side analysts forecast that Dmc Global Inc will post 1.93 EPS for the current year.

A number of brokerages have weighed in on BOOM. Stifel Nicolaus began coverage on shares of Dmc Global in a report on Monday, September 10th. They issued a “buy” rating and a $53.00 price target for the company. BidaskClub downgraded shares of Dmc Global from a “buy” rating to a “hold” rating in a report on Saturday, September 8th. TheStreet raised shares of Dmc Global from a “c” rating to a “b-” rating in a report on Wednesday, September 5th. Zacks Investment Research downgraded shares of Dmc Global from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday, July 31st. Finally, Roth Capital set a $58.00 price objective on shares of Dmc Global and gave the stock a “buy” rating in a report on Saturday, July 28th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $49.75.

Several institutional investors have recently made changes to their positions in the stock. Pacific Ridge Capital Partners LLC increased its position in shares of Dmc Global by 0.4% during the 1st quarter. Pacific Ridge Capital Partners LLC now owns 304,397 shares of the industrial products company’s stock worth $8,143,000 after purchasing an additional 1,330 shares in the last quarter. Macquarie Group Ltd. acquired a new stake in shares of Dmc Global during the 2nd quarter worth about $135,000. ClariVest Asset Management LLC increased its position in shares of Dmc Global by 22,957.1% during the 2nd quarter. ClariVest Asset Management LLC now owns 3,228 shares of the industrial products company’s stock worth $145,000 after purchasing an additional 3,214 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of Dmc Global by 13.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 30,094 shares of the industrial products company’s stock worth $806,000 after purchasing an additional 3,600 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Dmc Global by 23.1% during the 4th quarter. Wells Fargo & Company MN now owns 22,492 shares of the industrial products company’s stock worth $564,000 after purchasing an additional 4,227 shares in the last quarter. Institutional investors and hedge funds own 84.81% of the company’s stock.

Dmc Global Company Profile

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 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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