Should I buy or sell Shimmick stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shimmick in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SHIM shares. View SHIM analyst ratings or view top-rated stocks .

What is Shimmick's stock price target for 2024?

3 Wall Street research analysts have issued twelve-month price targets for Shimmick's shares. Their SHIM share price targets range from $10.00 to $12.00. On average, they anticipate the company's share price to reach $11.00 in the next year. This suggests a possible upside of 66.7% from the stock's current price. View analysts price targets for SHIM or view top-rated stocks among Wall Street analysts .

How have SHIM shares performed in 2023?

Shimmick's stock was trading at $6.40 on January 1st, 2023. Since then, SHIM stock has increased by 3.1% and is now trading at $6.60. View the best growth stocks for 2023 here .

When is Shimmick's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 19th 2024. View our SHIM earnings forecast .

How were Shimmick's earnings last quarter?

Shimmick Co. (NASDAQ:SHIM) announced its earnings results on Tuesday, December, 19th. The company reported $1.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $1.02. The company earned $175.45 million during the quarter, compared to analyst estimates of $173 million.

When did Shimmick IPO?

(SHIM) raised $51 million in an initial public offering (IPO) on Tuesday, November 14th 2023. The company issued 4,600,000 shares at $10.00-$12.00 per share. Roth Capital Partners acted as the underwriter for the IPO and Craig-Hallum Group was co-manager.

When did Shimmick's quiet period expire?

Shimmick's quiet period expired on Monday, December 25th. Shimmick had issued 3,575,000 shares in its public offering on November 14th. The total size of the offering was $25,025,000 based on an initial share price of $7.00. During Shimmick's quiet period, insiders and any underwriters that worked on the IPO were restricted from issuing any research reports for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

How do I buy shares of Shimmick?

Shares of SHIM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SHIM

Shimmick (SHIM) Stock Price, News & Analysis

$6.60

+0.15 (+2.33%)

(As of 12/29/2023 ET)

Today's Range: $6.49
▼
$6.76
50-Day Range: N/A
52-Week Range: $5.81
▼
$7.05

Volume: 68,267 shs
Average Volume: 29,536 shs
Market Capitalization: $168.23 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.00

Stock Analysis Analyst Forecasts Chart Competitors Earnings Financials SEC Filings Social Media

About Shimmick Stock (NASDAQ:SHIM)

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.

SHIM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SHIM Stock News Headlines

December 31, 2023 | americanbankingnews.com

Shimmick (NASDAQ:SHIM) vs. Great Lakes Dredge & Dock (NASDAQ:GLDD) Critical Survey

December 28, 2023 | americanbankingnews.com

Analyzing Shimmick (NASDAQ:SHIM) and Jacobs Solutions (NYSE:J)

December 31, 2023 | MarketBeat Internal (Ad)

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