Stock events for DMC Global, Inc. (BOOM)
Several events have impacted DMC Global Inc.'s stock price in the past six months. The company reported its first-quarter financial results with sales up sequentially but down year-over-year, and shares rose following stronger-than-anticipated Q1 results. A new analyst forecast for BOOM was released with a price target of $8.5. DMC Global announced an amendment to its existing credit facility. James O'Leary was appointed as the permanent President and CEO, and Jay Doubman and Sharon Spurlin were appointed to the Board of Directors. The company reported its second-quarter financial results, exceeding analyst expectations, but Arcadia and DynaEnergetics experienced declines in sales, profitability, and gross margins. DMC Global scheduled its third-quarter earnings release and conference call. The company's share price experienced a decline over the past six months.
Demand Seasonality affecting DMC Global, Inc.’s stock price
Demand for DMC Global Inc.'s products and services exhibits some seasonality and is influenced by market conditions. DynaEnergetics typically experiences a slower third quarter, influenced by the global oil and gas industry's activity. Arcadia generally sees an increase in sales in the first quarter but is susceptible to volatility in the construction markets. NobelClad's demand is cyclical and driven by maintenance, retrofit projects, new plant construction, and large plant expansion projects.
Overview of DMC Global, Inc.’s business
DMC Global Inc. is a diversified industrial company providing engineered products and solutions to niche markets. It operates in the Industrials sector, focusing on Industrial Specialties and Oil & Gas Equipment & Services. The company has three segments: DynaEnergetics, which provides perforating systems for the oil and gas industry; NobelClad, which specializes in explosion-welded clad metal plates; and Arcadia, which offers architectural building products.
BOOM’s Geographic footprint
DMC Global Inc. operates globally. Arcadia products are sold throughout the United States with manufacturing in Vernon, Tucson, and Connecticut, and support facilities in California and Texas. DynaEnergetics has manufacturing in Germany and the United States, with marketing and sales in Germany and Houston, and subsidiaries in Canada and Hong Kong. NobelClad has manufacturing plants and shooting sites in Pennsylvania and Germany, with subsidiaries in Germany, France, and China.
BOOM Corporate Image Assessment
No specific information regarding DMC Global Inc.'s brand reputation or any events that have significantly affected its reputation in the past year was found in the provided search results.
Ownership
DMC Global Inc.'s stock ownership includes institutional investors, insiders, and retail investors. Institutional investors hold a significant portion of the company's stock, with major holders including Cooke & Bieler Lp, Vanguard Group Inc, and BlackRock, Inc. Insiders own a portion of the stock, with Snpe Inc. being the largest individual insider shareholder. Public companies and individual investors also hold a portion of the stock.
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$8.06