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SHIM.O — NASDAQ Construction & Engineering

Shim.O

$4,09
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Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Mcap
—
P/E
—
EV / Rev
—
Div yield
—
Op margin
-3,9 %
ROE
45,2 %
Net margin
-5,2 %
Debt / equity
-1,06
Beta
—
52w range
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Volume
—
Day range
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Prev close
$3,85
Open
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Next earnings
2026-10-28
Ex-dividend
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TR 1Y
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About

Shimmick Corp operates in the construction and engineering sector, focusing on water and critical infrastructure projects following a strategic transformation after the AECOM Sale Transaction.

Business. Shimmick Corp operates in the construction and engineering sector, focusing on water and critical infrastructure projects following a strategic transformation after the AECOM Sale Transaction.

Classification85 %
SectorIndustrials
Industry groupConstruction & Engineering
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership→
Geode Capital Management, L.L.C.
largest disclosed fund holder
Profitability→
45,2 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning SHIM.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to SHIM.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Shimmick Corp operates in the construction and engineering sector, focusing on water and critical infrastructure projects following a strategic transformation after the AECOM Sale Transaction.

    Classification85 %
    SectorIndustrials
    Industry groupConstruction & Engineering
    AI synthesis
    GENERATED

    Shimmick Corp presents a distressed capital structure with negative total equity of -$56.6 million against total liabilities of $275.4 million. The company holds $19.9 million in cash and equivalents but carries $60.3 million in long-term debt, resulting in a negative net cash position. The debt-to-equity ratio is -1.06, reflecting the negative equity base. Liquidity risk is assessed as medium, driven by the negative net cash position and operating cash flow of -$65.1 million. The current ratio is not explicitly provided, but the negative equity and high liability load suggest constrained financial flexibility.

    Profitability metrics are severely impaired, with a net loss of $25.6 million on revenue of $492.8 million, resulting in a net margin of approximately -5.2%. Operating income is -$19.4 million, indicating core operational challenges. Return on assets is -11.7%, while return on equity is reported as 45.2%, a metric that is misleading due to the negative equity denominator. Gross profit is $33.6 million, yielding a gross margin of 6.8%, which is thin for the construction sector and suggests high direct costs or pricing pressure. Without cohort medians, direct comparison is limited, but the negative operating income and net income signal significant underperformance relative to industry norms for stable construction firms.

    Key takeaways
    • Negative equity of -$56.6 million and negative net cash position create significant solvency and liquidity risks.
    • High customer concentration, with top four clients accounting for 55.4% of revenue, exposes the company to client-specific volatility.
    • Strategic pivot to water and critical infrastructure following AECOM sale offers long-term growth potential but faces near-term operational headwinds.
    • Thin gross margins of 6.8% and negative operating income of -$19.4 million indicate pricing pressure or high cost structures.
    • Low dilution risk with stable share count, but negative equity makes ROE metrics misleading and requires careful interpretation.
    • Dependence on Berkshire Hathaway for surety bonding is a critical operational risk factor.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $4,09
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
    —
    Tangible book
    -$56.6M
    Net cashⓘ
    -$40.3M
    Current ratioⓘ
    —
    Debt / equityⓘ
    -1.1
    ROAⓘ
    -11.7%
    ROEⓘ
    45.2%
    Cash conversionⓘ
    255.0%
    CapEx / revenueⓘ
    1.3%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    Business relationships2 disclosed relationships · 2 types · extracted from filings & disclosures
    Partners1
    AecomACM.OPartner95%Source ↗
    Vendors1

    Supply chain

    Vendors → SHIM ↔ Partners → Customers · click any node to drill
    VENDORSPARTNERSCUSTOMERSSHIMSHIMShim.O2 entitiesBERKSHIRE HATHAWAY INCConsumer Goods ConglomerBRAecomDiversified ConstructionUS
    2 mentions in 10-K0 from corporate websites0 from news dispatches
    Updated 2026-06-24

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution2 analysts
    Strong buy0
    Buy2
    Hold0
    Sell0
    Strong sell0
    12-month price target$6,50 · Median $6,50
    Low $6,00High $7,00
    Operating income · consensus3,6M USD
    EPS surprise
    −960,0 %
    reported vs consensus · miss
    Revenue surprise
    −5,2 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$6,00
    Mean$6,50
    Median$6,50
    High$7,00
    Spot$4,09
    +58.9 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-3,9 %Bottom quartile
    Net Margin-5,2 %Bottom quartile
    ROE45,2 %Best in class
    Capex / Rev1,3 %Above P75
    D/E-1,06Best in class
    Cash Conv2,55Above P75

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net disposed 451 878 sh7 exercises · 5 grants6 insiders
    • Heekin Geoffrey E.Director · Restricted Stock Units → Common Stock, par value $0.01 per shareDisposed 100 671exercise · 2026-06-02
    • DEL GUERCIO JOSEPHDirector · Restricted Stock Units → Common Stock, par value $0.01 per shareDisposed 100 671exercise · 2026-06-02
    • Heekin Geoffrey E.Director · Restricted Stock Units → Common Stock, par value $0.01 per shareAcquired 60 000grant · 2026-06-02
    • DEL GUERCIO JOSEPHDirector · Restricted Stock Units → Common Stock, par value $0.01 per shareAcquired 44 000grant · 2026-06-02
    • Kravitz PeterDirector · Restricted Stock Units → Common Stock, par value $0.01 per shareDisposed 100 671exercise · 2026-06-02
    • Kravitz PeterDirector · Restricted Stock Units → Common Stock, par value $0.01 per shareAcquired 60 000grant · 2026-06-02
    • Tacker Sarah BethChief Operating Officer · Restricted Stock Units → Common Stock, par value $0.01 per sharereDisposed 26 596exercise · 2026-05-29
    • Tacker Sarah BethChief Operating Officer · Restricted Stock Units → Common StockAcquired 88 652grant · 2026-04-29
    • Tacker Sarah BethChief Operating Officer · Restricted Stock Units → Common StockAcquired 26 596grant · 2026-04-29
    • Yoder Todd WilburChief Financial Officer · Restricted Stock Units → Common Stock, par value $0.01 per sharereDisposed 72 464exercise · 2026-04-14
    • Yoder Todd WilburChief Financial Officer · Restricted Stock Units → Common Stock, par value $0.01 per shareDisposed 59 783exercise · 2026-04-14
    • Yal UralDirector, Chief Executive Officer · Restricted Stock Units → Common Stock, par value $0.01 per sharereDisposed 270 270exercise · 2025-12-02

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Capex To Revenue
      capital_expenditure / revenue
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    Source documents
    • Shimmick Corporation Market data — financials · 2026-08-01
    • reconciler_enqueue (reconciler) on SHIM.O · 2026-08-01
    • SHIM.O HA canonical relationships · 2026-08-01

    Ownership & reference

    Top holders

    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$0M
    • Vanguard Capital Management, LLCInvestment Managers · as of 2025-12-310,00 %$0M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,00 %$0M
    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2024-06-300,00 %$0M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$0M

    Leadership

    • Mitch B. GoldsteenExecutive Chairman of the Board

    Insider activity

    Net selling0 buys · 14 sellsnet -$638K7 insiders · last 365d
    • Heekin Geoffrey E.Director · Common Stock, par value $0.01 per shareOther 100 671 · 2026-06-02
    • Kravitz PeterDirector · Common Stock, par value $0.01 per shareOther 100 671 · 2026-06-02
    • DEL GUERCIO JOSEPHDirector · Common Stock, par value $0.01 per shareOther 100 671 · 2026-06-02
    • Tacker Sarah BethChief Operating Officer · Common Stock, par value $0.01 per shareOther 26 596 · 2026-05-29
    • Tacker Sarah BethChief Operating Officer · Common Stock, par value $0.01 per shareOther 8 463 @ $3,54$30K · 2026-05-29
    • Yoder Todd WilburChief Financial Officer · Common Stock, par value $0.01 per shareOther 16 393 @ $3,91$64K · 2026-04-14
    • Yoder Todd WilburChief Financial Officer · Common Stock, par value $0.01 per shareOther 72 464 · 2026-04-14
    • Yoder Todd WilburChief Financial Officer · Common Stock, par value $0.01 per shareOther 22 335 @ $3,91$87K · 2026-04-14
    • Yoder Todd WilburChief Financial Officer · Common Stock, par value $0.01 per shareOther 59 783 · 2026-04-14
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 125 000 @ $2,86$358K · 2026-03-17
    • Yal UralDirector, Chief Executive Officer · Common Stock, par value $0.01 per shareOther 173 205 · 2025-12-02
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 14 706 @ $2,96$44K · 2025-08-29
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 10 500 @ $3,18$33K · 2025-08-28
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 9 229 @ $3,32$31K · 2025-08-27
    • Yoder Todd WilburChief Financial Officer · Common StockOther 2 000 @ $2,80$6K · 2025-08-21
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 30 805 @ $2,23$69K · 2025-08-15
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 6 300 @ $2,11$13K · 2025-08-14
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 8 000 @ $2,10$17K · 2025-08-13
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 2 116 @ $1,98$4K · 2025-08-12
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 15 310 @ $1,96$30K · 2025-08-11
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 2 500 @ $1,82$5K · 2025-08-08
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 2 000 @ $1,72$3K · 2025-08-07
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 5 092 @ $1,74$9K · 2025-08-06
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 6 243 @ $1,73$11K · 2025-08-05
    • Goldsteen Mitchell B.Director, 10% owner · Common Stock, par value $0.01 per shareSold 7 175 @ $1,73$12K · 2025-08-04

    Short positioning

    235.9Kshares short+8.5% vs prior
    3.81days to cover
    45.1%short of daily vol
    885fails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    SHIM.OCanonical
    NASDAQ · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.
    Relationship graph
    SHIMACM.OBERK34.SConstruction &
    This companySectorPartnersVendors

    Evidence & claims

    From filings & derived data
    • Capex (annual): USD 6.37MUnknown
    • Interest expense (annual): USD 6.66MUnknown
    • Operating cash flow (annual): USD -65.11MUnknown
    • Total assets (annual): USD 218.76MUnknown
    • Net income (annual): USD -25.58MUnknown
    • Pre-tax income (annual): USD -25.43MUnknown
    • Total operating expenses (annual): USD 54.58MUnknown
    • Long-term debt (annual): USD 64.46MUnknown
    • Cost of revenue (annual): USD 459.25MUnknown
    • Gross profit (annual): USD 33.59MUnknown
    • Operating income (annual): USD -19.4MUnknown
    • EPS (basic) (annual): USD-PER-SHARES -1Unknown
    • Shares outstanding (annual): 36.04MUnknown
    • Cash & equivalents (annual): USD 19.97MUnknown
    • Current liabilities (annual): USD 196.12MUnknown
    • Revenue (annual): USD 492.84MUnknown
    • Total liabilities (annual): USD 275.4MUnknown
    • EPS (diluted) (annual): USD-PER-SHARES -1Unknown
    • Current assets (annual): USD 175.38MUnknown
    • Gross profit (annual): USD -55.65MUnknown
    • Interest expense (annual): USD 5.43MUnknown
    • Cost of revenue (annual): USD 535.88MUnknown
    • Net income (annual): USD -124.75MUnknown
    • Revenue (annual): USD 480.24MUnknown
    Showing 24 of 38 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-06-03FILING8-K filing →
    2026-06-02 00:00 UTCINSIDER9 insider transactions — 2026-06 6 derivative
    2026-06-02 00:00 UTCINSIDER9 insider transactions — 2026-06 6 derivative
    2026-06-02INSIDERHeekin Geoffrey E. transacted 100.7k sh Common Stock, par value $0.01 per share — Director
    2026-06-02INSIDERKravitz Peter transacted 100.7k sh Common Stock, par value $0.01 per share — Director
    2026-06-02INSIDERDEL GUERCIO JOSEPH transacted 100.7k sh Common Stock, par value $0.01 per share — Director
    2026-06-02INSIDERKravitz Peter disposed of 100.7k sh Restricted Stock Units — Director
    2026-06-02INSIDERKravitz Peter acquired 60.0k sh Restricted Stock Units — Director
    2026-06-02INSIDERDEL GUERCIO JOSEPH acquired 44.0k sh Restricted Stock Units — Director
    2026-06-02INSIDERDEL GUERCIO JOSEPH disposed of 100.7k sh Restricted Stock Units — Director
    2026-06-02INSIDERHeekin Geoffrey E. disposed of 100.7k sh Restricted Stock Units — Director
    2026-06-02INSIDERHeekin Geoffrey E. acquired 60.0k sh Restricted Stock Units — Director
    2026-05-29 00:00 UTCINSIDER3 insider transactions — 2026-05 1 derivative
    2026-05-29 00:00 UTCINSIDER3 insider transactions — 2026-05 1 derivative
    2026-05-29INSIDERTacker Sarah Beth transacted 26.6k sh Common Stock, par value $0.01 per share — Chief Operating Officer
    2026-05-29INSIDERTacker Sarah Beth transacted 8.5k sh Common Stock, par value $0.01 per share — Chief Operating Officer ~$30k
    2026-05-29INSIDERTacker Sarah Beth disposed of 26.6k sh Restricted Stock Units — Chief Operating Officer
    2026-05-26FILING8-K filing →
    2026-05-22FILING424B5 filing →
    2026-05-22FILING424B5 filing →
    2026-05-15FILING10-Q filing →
    2026-05-14FILING8-K filing →
    2026-04-29 00:00 UTCINSIDER8 insider transactions — 2026-04 · net sell $151k 4 derivative
    2026-04-29 00:00 UTCINSIDER8 insider transactions — 2026-04 · net sell $151k 4 derivative
    2026-04-29INSIDERTacker Sarah Beth acquired 26.6k sh Restricted Stock Units — Chief Operating Officer
    2026-04-29INSIDERTacker Sarah Beth acquired 88.7k sh Restricted Stock Units — Chief Operating Officer
    2026-04-28FILING8-K filing →
    2026-04-22FILINGDEF 14A filing →
    2026-04-14INSIDERYoder Todd Wilbur transacted 16.4k sh Common Stock, par value $0.01 per share — Chief Financial Officer ~$64k
    2026-04-14INSIDERYoder Todd Wilbur transacted 72.5k sh Common Stock, par value $0.01 per share — Chief Financial Officer
    2026-04-14INSIDERYoder Todd Wilbur transacted 22.3k sh Common Stock, par value $0.01 per share — Chief Financial Officer ~$87k
    2026-04-14INSIDERYoder Todd Wilbur transacted 59.8k sh Common Stock, par value $0.01 per share — Chief Financial Officer
    2026-04-14INSIDERYoder Todd Wilbur disposed of 72.5k sh Restricted Stock Units — Chief Financial Officer
    2026-04-14INSIDERYoder Todd Wilbur disposed of 59.8k sh Restricted Stock Units — Chief Financial Officer
    2026-03-31FILING8-K filing →
    2026-03-17 00:00 UTCINSIDER1 insider transaction — 2026-03 · net sell $358k
    2026-03-17 00:00 UTCINSIDER1 insider transaction — 2026-03 · net sell $358k
    2026-03-17INSIDERGoldsteen Mitchell B. sold 125.0k sh Common Stock, par value $0.01 per share — Director, 10% owner ~$358k
    2026-03-13FILING10-K filing →
    Showing the 40 most recent of 58 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage