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 weigh in compared to its peers? We will compare Shimmick to related companies based on the strength of its profitability, analyst recommendations, valuation, risk, earnings, dividends and institutional ownership.
Profitability
This table compares Shimmick and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Shimmick | -12.90% | -134.28% | -14.83% |
Shimmick Competitors | 2.01% | -2.01% | 2.46% |
Institutional & 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 large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Valuation & Earnings
Gross Revenue | Net Income | Price/Earnings Ratio | |
Shimmick | $524.16 million | -$2.55 million | -1.00 |
Shimmick Competitors | $18.71 billion | $680.73 million | 26.77 |
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.
Analyst Recommendations
This is a breakdown of current ratings and target prices for Shimmick and its peers, as provided by MarketBeat.com.
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 price target of $3.00, suggesting a potential upside of 30.43%. As a group, “Heavy construction, except building construction – contractors” companies have a potential downside of 6.83%. Given Shimmick’s higher probable upside, analysts plainly believe Shimmick is more favorable than its peers.
Summary
Shimmick peers 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.
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.