Shimmick Corporation (NASDAQ:SHIM – Free Report) – Research analysts at Craig Hallum issued their Q2 2026 EPS estimates for Shimmick in a note issued to investors on Thursday, July 30th. Craig Hallum analyst A. Spychalla anticipates that the company will earn ($0.07) per share for the quarter. The consensus estimate for Shimmick’s current full-year earnings is ($0.08) per share.
Shimmick (NASDAQ:SHIM – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.01. The firm had revenue of $88.03 million for the quarter, compared to the consensus estimate of $116.80 million.
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Shimmick Stock Up 8.2%
NASDAQ SHIM opened at $4.09 on Monday. Shimmick has a twelve month low of $1.67 and a twelve month high of $6.76. The firm has a market capitalization of $150.10 million, a PE ratio of -7.05 and a beta of 0.79. The stock’s 50 day moving average is $3.80 and its 200 day moving average is $3.97.
Institutional Trading of Shimmick
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC bought a new position in Shimmick during the 1st quarter valued at approximately $131,000. Walleye Capital LLC bought a new stake in Shimmick in the second quarter worth $578,000. 1492 Capital Management LLC grew its stake in shares of Shimmick by 46.0% in the first quarter. 1492 Capital Management LLC now owns 149,812 shares of the company’s stock worth $550,000 after acquiring an additional 47,180 shares during the last quarter. Finally, Sei Investments Co. grew its stake in shares of Shimmick by 896.8% in the first quarter. Sei Investments Co. now owns 246,816 shares of the company’s stock worth $906,000 after acquiring an additional 222,055 shares during the last quarter. Hedge funds and other institutional investors own 6.94% of the company’s stock.
About Shimmick
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.
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