Comparing Shimmick (SHIM) and Its Competitors

Shimmick (NASDAQ:SHIM) is one of 188 publicly-traded companies in the “Construction & Engineering” industry, but how does it contrast to its peers? We will compare Shimmick to similar businesses based on the strength of its dividends, earnings, valuation, profitability, analyst recommendations, risk and institutional ownership.

Institutional & Insider Ownership

6.9% of Shimmick shares are owned by institutional investors. Comparatively, 48.9% of shares of all “Construction & Engineering” companies are owned by institutional investors. 62.9% of Shimmick shares are owned by company insiders. Comparatively, 20.9% of shares of all “Construction & Engineering” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

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	-3.81%	N/A	-4.34%
Shimmick Competitors	-4.05%	2.58%	3.81%

Earnings & Valuation

This table compares Shimmick and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Shimmick	$492.84 million	-$25.58 million	-5.58
Shimmick Competitors	$9.53 billion	$456.60 million	-5,802.31

Shimmick’s peers have higher revenue and earnings than Shimmick. Shimmick is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Volatility & Risk

Shimmick has a beta of 0.85, suggesting that its share price is 15% less volatile than the S&P 500. Comparatively, Shimmick’s peers have a beta of 1.56, suggesting that their average share price is 56% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current ratings and target prices for Shimmick and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Shimmick	1	0	2	0	2.33
Shimmick Competitors	842	3453	7326	357	2.60

Shimmick presently has a consensus target price of $5.50, indicating a potential upside of 119.12%. As a group, “Construction & Engineering” companies have a potential upside of 43.10%. Given Shimmick’s higher probable upside, analysts plainly believe Shimmick is more favorable than its peers.

Summary

Shimmick peers beat Shimmick on 8 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.