Shimmick (NASDAQ:SHIM – Get Free Report) is one of 17 public companies in the “Heavy construction, except building construction – contractors” industry, but how does it compare to its rivals? We will compare Shimmick to similar companies based on the strength of its institutional ownership, earnings, analyst recommendations, dividends, risk, profitability and valuation.
Earnings and Valuation
This table compares Shimmick and its rivals revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Shimmick | $524.16 million | -$2.55 million | -1.03 |
Shimmick Competitors | $18.70 billion | $680.73 million | 25.67 |
Shimmick’s rivals have higher revenue and earnings than Shimmick. Shimmick is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Shimmick | -12.90% | -134.28% | -14.83% |
Shimmick Competitors | 2.01% | -2.01% | 2.46% |
Analyst Ratings
This is a summary of current recommendations and price targets for Shimmick and its rivals, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Shimmick | 0 | 3 | 0 | 0 | 2.00 |
Shimmick Competitors | 50 | 506 | 801 | 25 | 2.58 |
Shimmick presently has a consensus target price of $3.00, indicating a potential upside of 26.58%. As a group, “Heavy construction, except building construction – contractors” companies have a potential downside of 7.22%. Given Shimmick’s higher probable upside, equities research analysts plainly believe Shimmick is more favorable than its rivals.
Institutional and Insider Ownership
6.9% of Shimmick shares are owned by institutional investors. Comparatively, 63.0% of shares of all “Heavy construction, except building construction – contractors” companies are owned by institutional investors. 77.0% of Shimmick shares are owned by company insiders. Comparatively, 16.8% of shares of all “Heavy construction, except building construction – contractors” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Summary
Shimmick rivals beat Shimmick on 10 of the 12 factors compared.
About Shimmick
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.
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