ShimmickSHIM
Market Cap: $94.4M
About: Shimmick Corp is a leading provider of water and other critical infrastructure solutions nationwide. It selectively focuses on the following types of infrastructure projects: Water Treatment, Water Resources, and Other Critical Infrastructure. In water treatment projects the company expands, rehabilitates, upgrades, builds and rebuilds water and wastewater treatment infrastructure, including desalination plants. In water resources projects company builds, expands, and improves water storage and conveyance, dams, levees, flood control systems, pump stations, and coastal protection. In Other Critical Infrastructure projects, It builds, retrofits, expands, rehabilitates, operates, and maintains its nation's critical infrastructure, including mass transit, bridges, and military infrastructure.
Employees: 1,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2.52% less ownership
Funds ownership: 8.58% [Q1] → 6.06% (-2.52%) [Q2]
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
27% less funds holding
Funds holding: 26 [Q1] → 19 (-7) [Q2]
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
77% less capital invested
Capital invested by funds: $12.6M [Q1] → $2.9M (-$9.69M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Craig-Hallum Aaron Spychalla 38% 1-year accuracy 3 / 8 met price target | 7%upside $3 | Hold Maintained | 19 Aug 2024 |
Roth MKM Gerry Sweeney 33% 1-year accuracy 5 / 15 met price target | 7%upside $3 | Neutral Maintained | 19 Aug 2024 |
Financial journalist opinion
Based on 3 articles about SHIM published over the past 30 days