DMC GlobalBOOM
Market Cap: $219M
About: DMC Global Inc operates a diversified family of technical product and process businesses serving the energy, industrial and infrastructure markets. Its business is organized into three segments: Arcadia, DynaEnergetics, and NobelClad. Arcadia Products supplies architectural building products, including exterior and interior framing systems, windows, urtain walls, storefronts etc to the commercial construction market. NobelClad is involved in the production of explosion-welded clad metal plates for use in the construction of corrosion-resistant industrial processing equipment and specialized transition joints. DynaEnergetics driver, designs manufactures and distributes products utilized by the oil and gas industry principally for the perforation of oil and gas wells.
Employees: 1,800
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
20% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 35
16% more call options, than puts
Call options by funds: $505K | Put options by funds: $435K
0.31% less ownership
Funds ownership: 77.51% [Q1] → 77.21% (-0.31%) [Q2]
10% less funds holding
Funds holding: 124 [Q1] → 112 (-12) [Q2]
26% less capital invested
Capital invested by funds: $299M [Q1] → $222M (-$76.5M) [Q2]
34% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 35
67% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 1 (-2) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Stifel Stephen Gengaro 55% 1-year accuracy 22 / 40 met price target | 74%upside $19 | Buy Maintained | 5 Aug 2024 |
Roth MKM Gerry Sweeney 33% 1-year accuracy 5 / 15 met price target | 119%upside $24 | Buy Reiterated | 31 Jul 2024 |