Dynamic Materials Corp. (BOOM) to Release Earnings on Wednesday
Dynamic Materials Corp. (NASDAQ:BOOM) will be issuing its Q313 quarterly earnings data on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $55.51 million for the quarter.
Shares of Dynamic Materials Corp. (NASDAQ:BOOM) traded down 0.85% on Tuesday, hitting $22.25. 45,524 shares of the company’s stock traded hands. Dynamic Materials Corp. has a 52-week low of $12.18 and a 52-week high of $23.84. The stock has a 50-day moving average of $20.87 and a 200-day moving average of $17.85. The company has a market cap of $306.0 million and a P/E ratio of 29.76.
Several analysts have recently commented on the stock. Analysts at DA Davidson reiterated a “buy” rating on shares of Dynamic Materials Corp. in a research note to investors on Friday, September 13th. They now have a $27.00 price target on the stock, up previously from $24.00. Analysts at Topeka Capital Markets reiterated a “buy” rating on shares of Dynamic Materials Corp. in a research note to investors on Wednesday, August 28th. They now have a $25.00 price target on the stock, up previously from $20.00. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $22.28.
Dynamic Materials Corporation (NASDAQ:BOOM) is a provider of explosion-welded clad metal plates.
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