NASDAQ:SHIM Shimmick (SHIM) Stock Price, News & Analysis $1.62 +0.05 (+3.18%) (As of 07/3/2024 ET) Add Compare Share Share Today's Range$1.58▼$1.6250-Day Range$1.50▼$4.1952-Week Range$1.47▼$7.99Volume694 shsAverage Volume75,499 shsMarket Capitalization$50.04 millionP/E RatioN/ADividend YieldN/APrice Target$3.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Shimmick alerts: Email Address Shimmick MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside131.5% Upside$3.75 Price TargetShort InterestHealthy3.50% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.13Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.74) to ($0.03) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.00 out of 5 starsBusiness Services Sector134th out of 300 stocksHeavy Construction, Except Building Construction - Contractors Industry4th out of 10 stocks 3.0 Analyst's Opinion Consensus RatingShimmick has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageShimmick has only been the subject of 3 research reports in the past 90 days.Read more about Shimmick's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.50% of the float of Shimmick has been sold short.Short Interest Ratio / Days to CoverShimmick has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Shimmick has recently decreased by 30.46%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldShimmick does not currently pay a dividend.Dividend GrowthShimmick does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SHIM. Previous Next 2.8 News and Social Media Coverage News SentimentShimmick has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Shimmick this week, compared to 1 article on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shimmick insiders have not sold or bought any company stock.Percentage Held by Insiders77.00% of the stock of Shimmick is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 6.94% of the stock of Shimmick is held by institutions.Read more about Shimmick's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Shimmick are expected to grow in the coming year, from ($1.74) to ($0.03) per share.Price to Book Value per Share RatioShimmick has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Shimmick's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestDOLLAR RECALL ON THE AGENDAHave you heard about Executive Order 14067? This lesser-known order introduced the Digital Dollar, an alarming plan aimed at controlling your spending. And it gets even more concerning: in November, the Federal Government and banks initiated a test program to implement the Digital Dollar.Click here to receive your complimentary Wealth Management Guide >> About Shimmick Stock (NASDAQ:SHIM)Shimmick Corporation provides water and other critical infrastructure solutions in the United States. The company undertakes water and wastewater treatment infrastructure; water storage and conveyance, including dams, levees, flood control systems, pump stations, and coastal protection infrastructure; and mass transit, bridges, and military infrastructure projects. It serves federal, state, and local governments. The company was formerly known as SCCI National Holdings, Inc. and changed its name to Shimmick Corporation in September 2023. Shimmick Corporation was founded in 1990 and is headquartered in Irvine, California. Shimmick Corporation operates as a subsidiary of GOHO, LLC.Read More SHIM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SHIM Stock News HeadlinesJuly 1 at 11:54 AM | americanbankingnews.comShimmick Co. (NASDAQ:SHIM) Sees Significant Decline in Short InterestJune 21, 2024 | globenewswire.comShimmick Announces New Interim CFO to Further Deliver on its Transformation into a Water Infrastructure CompanyJuly 3, 2024 | Stansberry Research (Ad)Obama’s DNC coupAs we approach the Democratic National Convention in August... many sense a Biden swap-out is looming. In fact, according to Tucker Carlson, in private even "Obama is telling people Biden can't win, and he is therefore in favor of an open convention."May 20, 2024 | globenewswire.comShimmick Takes Pivotal Steps to Further Advance Evolution as Leader in Water InfrastructureMay 17, 2024 | businesswire.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Shimmick Corporation (SHIM) on Behalf of InvestorsMay 16, 2024 | businesswire.comINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Shimmick Corporation (SHIM) on Behalf of InvestorsMay 16, 2024 | businesswire.comThe Law Offices of Frank R. Cruz Announces Investigation of Shimmick Corporation (SHIM) on Behalf of InvestorsMay 14, 2024 | finance.yahoo.comShimmick Corp (SHIM) Q1 2024 Earnings Call Transcript Highlights: Navigating Challenges with ...July 3, 2024 | Stansberry Research (Ad)Obama’s DNC coupAs we approach the Democratic National Convention in August... many sense a Biden swap-out is looming. In fact, according to Tucker Carlson, in private even "Obama is telling people Biden can't win, and he is therefore in favor of an open convention."May 13, 2024 | marketwatch.comShimmick Shares Drop 12% Following 1Q Revenue MissMay 13, 2024 | investorplace.comSHIM Stock Earnings: Shimmick Misses EPS, Misses Revenue for Q1 2024May 13, 2024 | globenewswire.comShimmick Corporation Announces First Quarter 2024 ResultsMay 9, 2024 | globenewswire.comShimmick Corporation Announces First Quarter 2024 Earnings Release Date and Conference CallMay 1, 2024 | msn.com2024 Dallas-area all-district girls soccer teams: District award winners and moreMay 1, 2024 | msn.comThe Dallas Morning News’ 2024 all-area girls soccer: Season awards, first and second teamsApril 26, 2024 | msn.comShimmick implements Planera visual CPM scheduling solutionApril 25, 2024 | tmcnet.comShimmick Deploys Planera to Cut Construction Scheduling Time in Half for $100M Wastewater ProjectApril 12, 2024 | sports.yahoo.comHendrickson's playoff run comes to an end in Class 5A semifinalsApril 12, 2024 | msn.comHeritage cruises past Hendrickson, returns to state final for first time since 2011April 12, 2024 | msn.comColleyville Heritage girls soccer defeats Hendrickson, advances to state championshipApril 5, 2024 | msn.comAmarillo High has no answer for Shimmick, HeritageApril 4, 2024 | finance.yahoo.comConstruction Safety Week Celebrates 10th Anniversary, Announces Partnership with OSHA and a Joint National Industry Stand-DownMarch 28, 2024 | marketwatch.comShimmick Shares Fall 11% After 4Q Revenue DropsMarch 28, 2024 | finance.yahoo.comShimmick Corp (SHIM) Announces Fiscal Year 2023 Results with Mixed PerformanceMarch 28, 2024 | globenewswire.comShimmick Corporation Announces Fourth Quarter and Fiscal Year 2023 ResultsMarch 27, 2024 | markets.businessinsider.comCraig-Hallum Reaffirms Their Buy Rating on Shimmick Corporation (SHIM)March 27, 2024 | msn.comGirls soccer playoffs: Southlake Carroll continues dominant run, Prosper wins a thrillerSee More Headlines Receive SHIM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Shimmick and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/13/2024Today7/03/2024Next Earnings (Estimated)8/12/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Heavy construction, except building construction - contractors Sub-IndustryN/A Current SymbolNASDAQ:SHIM Previous SymbolNASDAQ:SHIM CUSIPN/A CIK1887944 Webwww.shimmick.com Phone510-777-5000FaxN/AEmployees1,300Year FoundedN/APrice Target and Rating Average Stock Price Target$3.75 High Stock Price Target$4.00 Low Stock Price Target$3.50 Potential Upside/Downside+131.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio1.22 Current Ratio0.84 Quick Ratio0.84 Sales & Book Value Annual Sales$632.81 million Price / Sales0.08 Cash Flow$1.05 per share Price / Cash Flow1.54 Book Value$2.77 per share Price / Book0.58Miscellaneous Outstanding Shares30,890,000Free Float7,105,000Market Cap$50.04 million OptionableN/A BetaN/A 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Steven E. Richards (Age 64)CEO & Director Comp: $1.81MMr. Devin J. Nordhagen (Age 40)Executive VP, CFO & Treasurer Comp: $1.68MMr. Mitchell B. GoldsteenExecutive ChairmanMr. Andrew Sloane P.E.PresidentMr. John P. CarpenterExecutive VP & General CounselKey CompetitorsFerrovialNASDAQ:FERJacobs SolutionsNYSE:JKBRNYSE:KBRFluorNYSE:FLRSterling InfrastructureNASDAQ:STRLView All CompetitorsInstitutional OwnershipPacific Ridge Capital Partners LLCSold 6,036 shares on 5/9/2024Ownership: 1.499%BNP PARIBAS ASSET MANAGEMENT Holding S.A.Sold 82,787 shares on 5/8/2024Ownership: 1.390%Sanders Morris Harris LLCBought 563,104 shares on 4/11/2024Ownership: 2.201%View All Institutional Transactions SHIM Stock Analysis - Frequently Asked Questions Should I buy or sell Shimmick stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shimmick in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SHIM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHIM, but not buy additional shares or sell existing shares. View SHIM analyst ratings or view top-rated stocks. What is Shimmick's stock price target for 2024? 3 analysts have issued 1 year price objectives for Shimmick's shares. Their SHIM share price targets range from $3.50 to $4.00. On average, they expect the company's share price to reach $3.75 in the next year. This suggests a possible upside of 131.5% from the stock's current price. View analysts price targets for SHIM or view top-rated stocks among Wall Street analysts. How have SHIM shares performed in 2024? Shimmick's stock was trading at $6.60 at the beginning of the year. Since then, SHIM shares have decreased by 75.5% and is now trading at $1.62. View the best growth stocks for 2024 here. Are investors shorting Shimmick? Shimmick saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 60,500 shares, a decrease of 30.5% from the May 31st total of 87,000 shares. Based on an average daily volume of 127,800 shares, the days-to-cover ratio is currently 0.5 days. Approximately 3.5% of the company's stock are sold short. View Shimmick's Short Interest. When is Shimmick's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024. View our SHIM earnings forecast. How were Shimmick's earnings last quarter? Shimmick Co. (NASDAQ:SHIM) announced its earnings results on Monday, May, 13th. The company reported ($1.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.37) by $0.81. The company had revenue of $120.04 million for the quarter, compared to analyst estimates of $127.20 million. When did Shimmick IPO? Shimmick (SHIM) raised $51 million in an initial public offering on Tuesday, November 14th 2023. The company issued 4,600,000 shares at $10.00-$12.00 per share. Roth Capital Partners served as the underwriter for the IPO and Craig-Hallum Group was co-manager. When did Shimmick's lock-up period expire? Shimmick's lock-up period expired on Monday, May 13th. Shimmick had issued 3,575,000 shares in its IPO on November 14th. The total size of the offering was $25,025,000 based on an initial share price of $7.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the end of the lock-up period. How do I buy shares of Shimmick? Shares of SHIM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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