DMC Global Amends Credit Agreement for Acquisition Flexibility

DMC Global ( (BOOM) ) has provided an announcement.

On June 10, 2025, DMC Global Inc. amended its existing credit agreement with a syndicate of banks to enhance financial flexibility in anticipation of possibly acquiring the remaining 40% interest in Arcadia Products, LLC. The amendment includes changes to financial covenants and interest rates, allowing for a temporary increase in the company’s maximum leverage ratio to accommodate this potential acquisition. This strategic move is intended to support DMC’s financial operations amid economic volatility and improve its ability to complete the acquisition, reflecting the company’s proactive approach to managing financial resources and market challenges.

The most recent analyst rating on (BOOM) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on DMC Global stock, see the BOOM Stock Forecast page.

Spark’s Take on BOOM Stock

According to Spark, TipRanks’ AI Analyst, BOOM is a Neutral.

DMC Global’s overall stock score is driven by financial struggles and unattractive valuation metrics. While technical indicators suggest short-term strength, long-term financial and operational challenges remain significant. Earnings call guidance highlights both improvements and looming uncertainties.

To see Spark’s full report on BOOM stock, click here.

More about DMC Global

DMC Global is a company that owns and operates innovative, asset-light manufacturing businesses providing highly engineered products and solutions. Its businesses include Arcadia, a supplier of architectural building products; DynaEnergetics, serving the global energy industry; and NobelClad, addressing industrial infrastructure and transportation sectors. Based in Broomfield, Colorado, DMC is listed on Nasdaq under the symbol ‘BOOM.’

Average Trading Volume: 196,501

Technical Sentiment Signal: Sell

Current Market Cap: $159.4M

For a thorough assessment of BOOM stock, go to TipRanks’ Stock Analysis page.