Shimmick Corporation (SHIM) AI Stock Analysis

• Market Cap: $56.80M
• Dividend Yield: N/A
• Average Volume (3M): 17.84K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.03
• Revenue Growth: -18.08%
• EPS Growth: -217.13%
• Country: US
• Employees: 1,200
• Sector: General
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): -0.22
• Shares Outstanding: 34,421,770
• 10 Day Avg. Volume: 17,865
• 30 Day Avg. Volume: 17,838
• PEG Ratio: 0.02
• Price to Book (P/B): -1.39
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.53
• Enterprise Value/Market Cap: 0.71
• Enterprise Value/Revenue: 0.02
• Enterprise Value/Gross Profit: -0.73
• Enterprise Value/Ebitda: -0.13
• 1Y Price Target: $2.50
• Price Target Upside: 51.52% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 48 Neutral
• Price Target: $1.50 ▼(-9.09%Downside)

Shimmick Corporation's overall stock score is primarily affected by its weak financial performance and challenging valuation. The technical analysis provides some neutral signals, but recent positive corporate events such as leadership changes offer a potential upside. Immediate strategic changes are essential to improve financial health and market perception.

Shimmick Corporation Business Overview & Revenue Model

Company Description

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, dam, levee, flood control system, pump station, and coastal protection infrastructure; and mass transit, bridge, 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.

How the Company Makes Money

Shimmick Corporation generates revenue primarily through contracts for infrastructure projects, which are often awarded by government agencies and private entities. The company's key revenue streams include the construction and maintenance of transportation networks, water infrastructure, and energy facilities. Revenue is earned based on completed project milestones, with additional income from long-term service agreements and maintenance contracts. Strategic partnerships with engineering firms and technology providers enhance Shimmick's capabilities and contribute to its competitive edge in the infrastructure sector.

Shimmick Corporation Financial Statement Overview

Summary

Shimmick Corporation's financial statements depict a company struggling with profitability, solvency, and liquidity. Negative net income, declining revenue, and operational inefficiencies are key concerns, indicating the need for strategic interventions.

Income Statement

Shimmick Corporation's income statement highlights significant challenges with profitability. The company has consistently posted negative net income, and recent gross profit margins show substantial losses, indicating cost control issues. Additionally, the revenue growth trajectory is negative, with a sharp decline in total revenue from 2024 to 2025. The EBIT and EBITDA margins are also negative, suggesting operational inefficiencies and a need for restructuring.

Balance Sheet

The balance sheet reflects a weak financial position with negative stockholders' equity, indicating insolvency. The debt-to-equity ratio is indeterminate due to negative equity, which is a significant concern. The overall equity ratio is negative, implying that liabilities exceed assets. These factors suggest financial instability and a high-risk profile for creditors and investors.

Cash Flow

The cash flow statement reveals substantial negative operating cash flows, indicating poor cash generation from core operations. Free cash flow is also negative and deteriorating, reflecting higher capital expenditures without corresponding cash inflows. The operating cash flow to net income ratio is unfavorable, suggesting inefficiencies in converting income into cash. These factors point to liquidity issues and potential challenges in maintaining cash reserves.

Breakdown
Mar 2025	Dec 2023	Dec 2022	Dec 2021
Income Statement		Total Revenue
480.24M	632.81M	664.16M	572.67M
	Gross Profit
-55.65M	22.37M	23.52M	-132.80M
	EBIT
-119.33M	435.00K	12.91M	-211.89M
	EBITDA
-105.15M	-24.63M	-23.58M	-198.03M
	Net Income Common Stockholders
-124.75M	-2.55M	3.76M	45.40M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
33.73M	62.94M	77.76M	73.18M
	Total Assets
233.86M	426.65M	446.80M	492.00M
	Total Debt
25.46M	44.67M	14.44M	11.90M
	Net Debt
-8.27M	-18.27M	-63.32M	-61.27M
	Total Liabilities
268.54M	356.16M	395.20M	444.98M
	Stockholders Equity
-34.52M	71.24M	52.64M	46.59M
Cash Flow		Free Cash Flow
-31.74M	-95.14M	-13.53M	-56.91M
	Operating Cash Flow
-21.26M	-88.10M	-3.08M	-53.98M
	Investing Cash Flow
15.04M	22.05M	4.20M	136.17M
	Financing Cash Flow
-21.90M	47.88M	-931.00K	-294.00K

Shimmick Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.65
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SHIM, the sentiment is Positive. The current price of 1.65 is above the 20-day moving average (MA) of 1.62, above the 50-day MA of 1.58, and below the 200-day MA of 2.17, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.50 is Neutral, neither overbought nor oversold. The STOCH value of 67.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SHIM.

Shimmick Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ORN	76 Outperform	$335.02M	138.17	2.25%	―	15.58%	―
GLDD	72 Outperform	$779.12M	11.23	15.67%	―	28.03%	80.90%
AMRC	69 Neutral	$833.77M	15.62	5.64%	―	30.13%	-7.60%
Sector *	58 Neutral	$4.89B	18.48	-17.00%	7.21%	13.61%	-24.47%
SLND	51 Neutral	$203.57M	―	-53.62%	―	-20.63%	-611.23%
SHIM	48 Neutral	$56.80M	―	-679.42%	―	-18.08%	-217.13%
MTRX	47 Neutral	$336.02M	―	-14.26%	―	-0.29%	-6.77%

Shimmick Corporation Corporate Events

Shimmick Corporation Holds Annual Stockholders Meeting

On June 4, 2025, Shimmick Corporation held its 2025 Annual Meeting of Stockholders, where six directors were elected for one-year terms and Deloitte & Touche LLP was ratified as the independent registered public accounting firm for the fiscal year ending January 2, 2026. The election and ratification were supported by the majority of stockholder votes, indicating strong shareholder approval for the company’s leadership and financial oversight.

The most recent analyst rating on (SHIM) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Shimmick Corporation stock, see the SHIM Stock Forecast page.

Shimmick Corporation Appoints New CFO Todd Yoder

On April 8, 2025, Shimmick Corporation announced the appointment of Todd Yoder as Executive Vice President and Chief Financial Officer, effective April 14, 2025. Yoder brings extensive financial leadership experience from his previous roles in the construction industry, which is expected to support Shimmick’s growth and market positioning. Additionally, Amanda Mobley, who served as interim CFO since June 2024, has been appointed Chief Accounting Officer, continuing her contributions to the company’s financial department.