Shimmick Corporation (SHIM)

NASDAQ: SHIM · IEX Real-Time Price · USD
3.750
-0.440 (-10.50%)
At close: May 2, 2024, 4:00 PM
3.840
+0.090 (2.40%)
After-hours: May 2, 2024, 5:06 PM EDT
-10.50%
Market Cap 95.91M
Revenue (ttm) 632.81M
Net Income (ttm) -2.55M
Shares Out 25.58M
EPS (ttm) -0.11
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 105,085
Open 4.230
Previous Close 4.190
Day's Range 3.560 - 4.230
52-Week Range 2.150 - 7.990
Beta n/a
Analysts Strong Buy
Price Target 10.50 (+180.0%)
Earnings Date May 21, 2024

About 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. Shimmi... [Read more]

Sector Industrials
IPO Date Nov 14, 2023
Employees 1,300
Stock Exchange NASDAQ
Ticker Symbol SHIM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SHIM stock is "Strong Buy." The 12-month stock price forecast is $10.5, which is an increase of 180.00% from the latest price.

Price Target
$10.5
(180.00% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Shimmick Corporation Announces Fourth Quarter and Fiscal Year 2023 Results

Shimmick realized significant progress with 24% growth in Shimmick Projects, with gross margin of 7% Shimmick realized significant progress with 24% growth in Shimmick Projects, with gross margin of 7...

5 weeks ago - GlobeNewsWire

Shimmick Corporation Announces Fourth Quarter and Fiscal Year 2023 Earnings Release Date and Conference Call

IRVINE, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading water infrastructure company, today announced that the company will release its fourth qu...

5 weeks ago - GlobeNewsWire

Shimmick Corp. Announces Third Quarter 2023 Results

Third Quarter 2023 Financial Highlights Revenue of $175 million Net income attributable to Shimmick of $35 million Diluted earnings per common share of $1.58 Adjusted net income of $37 million Adjuste...

4 months ago - GlobeNewsWire

Shimmick Corporation Appoints Joe Del Guercio to Board of Directors

IRVINE, Calif., Dec. 15, 2023 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading water infrastructure company, today announced the appointment of Joe Del Guercio to the Co...

4 months ago - GlobeNewsWire

Shimmick Corporation Announces Third Quarter 2023 Earnings Release Date and Conference Call

IRVINE, Calif., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”) (Nasdaq: SHIM), a leading water infrastructure company, today announced that the company will release its third quar...

5 months ago - GlobeNewsWire

Shimmick Corp. is latest IPO to fail to reach issue price

Shimmick Corp. SHIM, , a California construction company that specializes in public water infrastructure, has become the latest company to flounder in its trading debut, even after it downsized its IP...

6 months ago - Market Watch

Shimmick Corporation Announces Pricing of Initial Public Offering

IRVINE, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick”), a leading water infrastructure company, today announced the pricing of its initial public offering of 3,575,000 sha...

6 months ago - GlobeNewsWire

Water treatment company Shimmick to offer 4.55 million shares in IPO priced at $10 to $12 each

Shimmick Corp. SHIM, , a water treatment company, set terms for its initial public offering on Tuesday with plans to offer 4.55 million shares, priced at $10 to $12 each. The company would raise $54.6...

Other symbols: IPO
6 months ago - Market Watch