NASDAQ:SHIM Shimmick (SHIM) Stock Price, News & Analysis → With revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radar (From Stocks News) (Ad) Free SHIM Stock Alerts $2.40 -1.24 (-34.07%) (As of 05/14/2024 ET) Add Compare Share Share Today's Range$2.37▼$3.2550-Day Range$2.25▼$7.4752-Week Range$2.15▼$7.99Volume230,148 shsAverage Volume69,852 shsMarket Capitalization$61.63 millionP/E RatioN/ADividend YieldN/APrice Target$3.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get Shimmick alerts: Email Address Shimmick MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside56.3% Upside$3.75 Price TargetShort InterestBearish8.62% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.36Based on 14 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.09) to $0.55 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.1.12 out of 5 starsBusiness Services Sector259th out of 317 stocksHeavy Construction, Except Building Construction - Contractors Industry8th out of 11 stocks 3.2 Analyst's Opinion Consensus RatingShimmick has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageShimmick has only been the subject of 2 research reports in the past 90 days.Read more about Shimmick's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.62% of the float of Shimmick has been sold short.Short Interest Ratio / Days to CoverShimmick has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Shimmick has recently increased by 233.66%, indicating that investor sentiment is decreasing 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 0.9 News and Social Media Coverage News SentimentShimmick has a news sentiment score of -0.36. 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 lower news sentiment than the 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Shimmick this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for SHIM on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shimmick insiders have not sold or bought any company stock.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 ($0.09) to $0.55 per share.Price to Book Value per Share RatioShimmick has a P/B Ratio of 0.87. 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 Stocks NewsWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarRevolutionizing communication is what this NASDAQ-traded next-gen solution provider is doing. See how this company is well-positioned to capitalize in 2024 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 HeadlinesMay 14 at 7:57 PM | finance.yahoo.comShimmick Corp (SHIM) Q1 2024 Earnings Call Transcript Highlights: Navigating Challenges with ...May 13 at 10:03 PM | marketwatch.comShimmick Shares Drop 12% Following 1Q Revenue MissMay 13 at 9:30 PM | investorplace.comSHIM Stock Earnings: Shimmick Misses EPS, Misses Revenue for Q1 2024May 13 at 4:17 PM | globenewswire.comShimmick Corporation Announces First Quarter 2024 ResultsMay 11, 2024 | americanbankingnews.comShimmick (SHIM) to Release Earnings on MondayMay 9, 2024 | globenewswire.comShimmick Corporation Announces First Quarter 2024 Earnings Release Date and Conference CallMay 6, 2024 | americanbankingnews.comShimmick Co.'s Lock-Up Period Will Expire on May 13th (NASDAQ:SHIM)May 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 thrillerMarch 26, 2024 | globenewswire.comShimmick Corporation Announces Fourth Quarter and Fiscal Year 2023 Earnings Release Date and Conference CallMarch 26, 2024 | seekingalpha.comJL J-Long Group LimitedMarch 20, 2024 | msn.comNew El Dorado County bridge reaches halfway point of constructionMarch 19, 2024 | bizjournals.comEl Dorado County building $102 million Mosquito Bridge replacementSee 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 Earnings3/28/2024Today5/14/2024Next 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+56.3%Consensus RatingHold Rating Score (0-4)2.33 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 Ratio0.63 Current Ratio0.95 Quick Ratio0.95 Sales & Book Value Annual Sales$632.81 million Price / Sales0.10 Cash Flow$0.66 per share Price / Cash Flow3.61 Book Value$2.77 per share Price / Book0.87Miscellaneous Outstanding Shares25,680,000Free FloatN/AMarket Cap$61.63 million OptionableN/A BetaN/A Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Steven E Richards (Age 64)CEO & Director Comp: $809kMr. Devin J. Nordhagen (Age 41)Executive VP & CFO Comp: $501.48kMr. Mitchell B. GoldsteenExecutive ChairmanMr. Andrew Sloane P.E.PresidentMr. John P. CarpenterExecutive VP & General CounselKey CompetitorsZenviaNASDAQ:ZENVLuna InnovationsNASDAQ:LUNARichtech RoboticsNASDAQ:RRRed CatNASDAQ:RCATSKYX PlatformsNASDAQ:SKYXView 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 research analysts have issued "buy," "hold," and "sell" ratings for Shimmick in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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 Wall Street analysts have issued 12 month target prices for Shimmick's stock. Their SHIM share price targets range from $3.50 to $4.00. On average, they anticipate the company's share price to reach $3.75 in the next year. This suggests a possible upside of 56.3% 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 63.6% and is now trading at $2.40. View the best growth stocks for 2024 here. 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) released its earnings results on Thursday, March, 28th. The company reported ($0.61) earnings per share for the quarter, missing the consensus estimate of ($0.10) by $0.51. The firm earned $138.06 million during the quarter, compared to the consensus estimate of $159.50 million. When did Shimmick IPO? Shimmick (SHIM) raised $51 million in an IPO on Tuesday, November 14th 2023. The company issued 4,600,000 shares at a price of $10.00-$12.00 per share. Roth Capital Partners acted as the underwriter for the IPO and Craig-Hallum Group was co-manager. When did the company's lock-up period expire? Shimmick's lock-up period expired on Monday, May 13th. Shimmick had issued 3,575,000 shares in its public offering on November 14th. The total size of the offering was $25,025,000 based on an initial share price of $7.00. Since the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted. Who are Shimmick's major shareholders? Shimmick's stock is owned by a variety of retail and institutional investors. Top institutional investors include Sanders Morris Harris LLC (2.20%), Pacific Ridge Capital Partners LLC (1.50%) and BNP PARIBAS ASSET MANAGEMENT Holding S.A. (1.39%). 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. This page (NASDAQ:SHIM) was last updated on 5/15/2024 by MarketBeat.com Staff From Our PartnersForget the “Magnificent 7” Tech Companies, Buy This AI Stock InsteadBanyan Hill PublishingWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks NewsThe Crypto 9-5 Escape PlanCrypto 101 MediaThe A.I. story nobody is telling you (Read ASAP)TradeSmithBuy this small stock before coming AI Tidal WaveChaikin AnalyticsElon’s New Device is About to Shock the WorldInvestorPlaceCharles Payne Demystifies OptionsUnstoppable ProsperityRevolutionizing the Green Energy Space and Building Shareholder Value Along the WaySmall Cap Sniper Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Shimmick Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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