Hammond Power Solutions (HPS.A) Stock Price, News & Analysis

Company Overview

Hammond Power Solutions Inc., together with its subsidiaries, designs, manufactures, and sells dry-type, cast resin, and liquid filled transformers, as well as wound magnetic products for the electrical and related industries. The company provides control and automation products, including molded machine tool industrial control, industrial open core and coil control, general purpose enclosed, encapsulated control, and energy efficient drive isolation transformers, as well as reactors, DV/DT filters, and motor starting autotransformers. It also offers low voltage distribution, medium voltage distribution, and power transformers; transformers for potted and specialty electrical applications; and transformers for original equipment manufacturers. In addition, the company engineers, manufactures, and exports custom products consisting of air core and iron reactors up to 2,500 amps; cyclone converters; large indoor/outdoor current limiting air-core reactors; and 12, 18, and 24 multi-pulse drive/inverter duty transformers, as well as excitation, rectifier duty, traction duty, and mining duty excavator transformers. The company serves oil and gas, mining, steel, waste and water treatment, and wind power-generation industries in Canada, the United States, Mexico, Italy, and India. Hammond Power Solutions Inc. was founded in 1917 and is headquartered in Guelph, Canada.

Key Stats

• Today's Range: C$131.00 to C$136.00
• 50-Day Range: C$116.85 to C$150.30
• 52-Week Range: C$72.81 to C$160.51
• Volume: 23,287 shs
• Average Volume: 75,713 shs
• Market Capitalization: C$1.23 billion
• P/E Ratio: 24.35
• Dividend Yield: 0.82%
• Price Target: C$168.00
• Consensus Rating: Buy

HPS.A Stock Analysis - Frequently Asked Questions

How have HPS.A shares performed this year?

Hammond Power Solutions' stock was trading at C$81.70 on January 1st, 2024. Since then, HPS.A shares have increased by 65.2% and is now trading at C$134.97.
View the best growth stocks for 2024 here.

How do I buy shares of Hammond Power Solutions?

Shares of HPS.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Computer and Technology
• Industry: Electronic Components
• Sub-Industry: N/A
• Current Symbol: TSE:HPS.A
• CUSIP: N/A
• CIK: N/A
• Web: www.hammondpowersolutions.com
• Phone: +1-519-8222441
• Fax: N/A
• Employees: 1,360
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$168.00
• High Stock Price Target: C$175.00
• Low Stock Price Target: C$160.00
• Potential Upside/Downside: +24.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$5.54
• Trailing P/E Ratio: 24.36
• Forward P/E Ratio: 18.18
• P/E Growth: N/A
• Net Income: C$65.88 million
• Net Margins: 8.73%
• Pretax Margin: N/A
• Return on Equity: 28.43%
• Return on Assets: 14.68%

Debt

• Debt-to-Equity Ratio: 10.76
• Current Ratio: 2.03
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: C$754.37 million
• Price / Sales: 1.63
• Cash Flow: C$25.56 per share
• Price / Cash Flow: 5.28
• Book Value: C$22.09 per share
• Price / Book: 6.11

Miscellaneous

• Outstanding Shares: 9,130,000
• Free Float: N/A
• Market Cap: C$1.23 billion
• Optionable: Not Optionable
• Beta: 0.84