Dynamic Materials Corp.(BOOM ) is a Metal Processing & Fabrication provider that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on BOOM's earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Dynamic Materials could be a solid choice for investors.
Current Quarter Estimates for BOOM
In the past 30 days, no estimates have moved for Dynamic Materials. However, the trend has been pretty favorable, with estimates increasing from 16 cents a share 30 days ago, to 17 cents today, a move of 6.3%.
Current Year Estimates for BOOM
Dynamic Materials' current year figures have not seen any estimate revision either. However, the consensus estimate trend has seen a boost for this time frame, increasing from 67 cents a share 30 days ago to 68 cents per share today, an increase of 1.5%.
The stock has also started to move higher lately, adding 6.3% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future.
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