Shimmick Corporation (NASDAQ: SHIM) is expected to announce its financial results for the third quarter of 2025 on Thursday, November 13. The earnings release will take place after the market closes, and analysts predict the company will report a loss of $0.04 per share alongside revenues of approximately $120.20 million for the quarter. Interested parties can access the details during the earnings call scheduled for 4:30 PM ET on the same day.
Current Market Performance
As of Tuesday, Shimmick’s stock opened at $2.09. The company currently holds a market capitalization of $73.82 million and maintains a price-to-earnings ratio of -1.22. With a beta of 0.74, Shimmick’s stock has shown relative stability compared to the broader market. Its 50-day simple moving average stands at $2.64, while the 200-day moving average is recorded at $2.18. Over the past year, the stock has experienced a 52-week low of $1.30 and a high of $3.78.
Insider trading activity has been notable, with Director Mitchell B. Goldsteen selling 30,805 shares on August 15 at an average price of $2.23, totaling approximately $68,695.15. Following this transaction, Goldsteen owns 21,134,308 shares valued at about $47.13 million, reflecting a 0.15% decrease in his position. This transaction has been disclosed in a filing with the Securities and Exchange Commission, available for public viewing.
In the last ninety days, insiders have sold a total of 54,334 shares worth approximately $129,428. Currently, insiders hold 77.00% of the company’s shares.
Company Overview and Market Outlook
Shimmick Corporation specializes in providing essential water and infrastructure solutions across the United States. The firm engages in various projects, including water and wastewater treatment, water storage and conveyance systems, and mass transit infrastructure, among others. As it prepares to release its quarterly earnings, market analysts will be closely monitoring the company’s performance and strategic direction.
Investors and interested parties can stay informed on Shimmick’s developments by signing up for updates and stock reports. The upcoming earnings announcement is poised to provide critical insights into the company’s operational health and market position.
