Shimmick Is Priced Optimistically Despite A History Of Losses On Most Contracts [Seeking Alpha]
Shimmick Corporation (SHIM)
Company Research
Source: Seeking Alpha
SHIM's backlog is dominated by fixed-price contracts, exposing it to cost overruns and inflation, with legacy projects posting deeply negative margins. Management's optimistic projections for improved margins and lower SG&A are unproven, and the current valuation appears to price in an unlikely turnaround. I initiate SHIM with a Hold rating, as the risk/reward profile remains unattractive given historical losses and industry headwinds. Justin Paget/DigitalVision via Getty Images Shimmick Corp ( NASDAQ: SHIM ) is an EPC company specializing in water projects on the US West Coast. EPC is generally a competitive industry where making profits is really hard, and SHIM is not an exception, with significant This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions
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High impacting Shimmick Corporation news events
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SHIM
News
- Shimmick (NASDAQ:SHIM) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Shimmick Corp (SHIM) Q3 2025 Earnings Call Highlights: Strategic Shifts Drive Core Growth ... [Yahoo! Finance]Yahoo! Finance
- Shimmick Corporation to Announce Third Quarter 2025 Financial Results on November 13, 2025GlobeNewswire
- Shimmick (NASDAQ:SHIM) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Shimmick Announces New Contracts in California and WashingtonGlobeNewswire
SHIM
Earnings
- 11/13/25 - Beat
SHIM
Sec Filings
- 12/4/25 - Form 4
- 12/2/25 - Form 4/A
- 9/8/25 - Form 8-K
- SHIM's page on the SEC website