Shimmick (NASDAQ:SHIM – Get Free Report) is one of 19 publicly-traded companies in the “Heavy construction, except building construction – contractors” industry, but how does it weigh in compared to its peers? We will compare Shimmick to related companies based on the strength of its institutional ownership, valuation, earnings, analyst recommendations, dividends, risk and profitability.
Analyst Ratings
This is a summary of current ratings and recommmendations for Shimmick and its peers, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Shimmick | 0 | 3 | 0 | 0 | 2.00 |
Shimmick Competitors | 50 | 509 | 814 | 26 | 2.58 |
Shimmick presently has a consensus price target of $3.00, suggesting a potential upside of 40.19%. As a group, “Heavy construction, except building construction – contractors” companies have a potential downside of 11.87%. Given Shimmick’s higher possible upside, equities research analysts clearly believe Shimmick is more favorable than its peers.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Shimmick | -12.90% | -134.28% | -14.83% |
Shimmick Competitors | 1.93% | -2.42% | 2.25% |
Insider and Institutional Ownership
6.9% of Shimmick shares are owned by institutional investors. Comparatively, 58.4% 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, 21.6% of shares of all “Heavy construction, except building construction – contractors” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Valuation and Earnings
This table compares Shimmick and its peers top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Shimmick | $632.81 million | -$2.55 million | -0.93 |
Shimmick Competitors | $17.58 billion | $639.56 million | 20.26 |
Shimmick’s peers have higher revenue and earnings than Shimmick. Shimmick is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
Shimmick peers beat Shimmick on 10 of the 12 factors compared.
Shimmick Company Profile
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.
Receive News & Ratings for Shimmick Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shimmick and related companies with MarketBeat.com's FREE daily email newsletter.