Dynamic Materials Corporation Stock News

DMC Global Inc. (BOOM) CEO Kevin Longe on Q4 2021 Results - Earnings Call Transcript

DMC Global press release (BOOM): Q4 Non-GAAP EPS of $0.05 beats by $0.03.Revenue of $71.8M (+26% Y/Y) beats by $1.2M.Q122 Outlook: Consolidated sales are expected to be in a range…

BROOMFIELD, Colo., Feb. 24, 2022 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today reported financial results for its fourth quarter and fiscal year ended December 31, 2021.

DMC Global (BOOM) delivered earnings and revenue surprises of 66.67% and 3.08%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

DMC Global (BOOM) strengthens growth opportunities in the architectural product market by buying a 60% stake in Arcadia. Earnings accretion is expected in the first year of the buyout.

BROOMFIELD, Colo., Dec. 23, 2021 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM), a diversified holding company, today announced it has completed its acquisition of a 60% controlling interest in Arcadia Inc., a leading U.S. supplier of architectural building products. DMC announced last Friday it had entered into a definitive agreement to acquire the 60% interest for $282.5 million in cash and DMC stock, and expects to acquire the remaining 40% interest through a three year put and call option. The total implied transaction value is $469.6 million.

DMC Global (NASDAQ:BOOM) had its price objective boosted by investment analysts at Stifel Nicolaus from $46.00 to $48.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has a buy rating on the industrial products companys stock. Stifel Nicolaus price target indicates a potential upside of 21.89% from []

WINTON GROUP Ltd cut its holdings in shares of DMC Global Inc. (NASDAQ:BOOM) by 4.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,883 shares of the industrial products companys stock after selling 1,245 shares during the period. WINTON GROUP []

Oilfield services provider DMC Global Inc. (Nasdaq: BOOM) will acquire a 60% controlling stake in architectural building product supplier Arcadia Inc. for $282.5 million in cash and DMC stock.

Addition of Leading Architectural Building Products Manufacturer to Significantly Expand DMC’s Addressable Market

DMC Global Inc. (NASDAQ:BOOM)s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $34.64 and last traded at $34.64, with a volume of 1169 shares trading hands. The stock had previously closed at $36.69. BOOM has been the topic of a number of analyst reports. Roth []

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Morgan Stanley increased its stake in DMC Global Inc. (NASDAQ:BOOM) by 155.0% in the second quarter, Holdings Channel reports. The institutional investor owned 106,557 shares of the industrial products companys stock after acquiring an additional 64,769 shares during the period. Morgan Stanleys holdings in DMC Global were worth $5,990,000 at the end of the most [] The post Morgan Stanley Buys 64,769 Shares of DMC Global Inc. (NASDAQ:BOOM) appeared first on ETF Daily News .