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$120.02 to C$128.40
• 50-Day Range: C$116.85 to C$150.30
• 52-Week Range: C$72.81 to C$160.51
• Volume: 43,100 shs
• Average Volume: 72,621 shs
• Market Capitalization: C$1.16 billion
• P/E Ratio: 22.85
• Dividend Yield: 0.87%
• Price Target: C$168.00
• Consensus Rating: Buy

Hammond Power Solutions Stock Analysis - MarketRank™

Hammond Power Solutions scored higher than 46% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Hammond Power Solutions has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hammond Power Solutions has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hammond Power Solutions is 22.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hammond Power Solutions is 22.85, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.69.

Price to Book Value per Share Ratio

Hammond Power Solutions has a P/B Ratio of 5.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for HPS.A.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Hammond Power Solutions has a dividend yield of 0.80%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Hammond Power Solutions does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Hammond Power Solutions is 19.86%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for HPS.A.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

MarketBeat Follows

1 people have added Hammond Power Solutions to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Hammond Power Solutions insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$175,538.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 6.02% of the stock of Hammond Power Solutions is held by insiders.

Percentage Held by Institutions

Only 27.69% of the stock of Hammond Power Solutions is held by institutions.

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 at the start of the year. Since then, HPS.A shares have increased by 54.9% and is now trading at C$126.59.
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: +32.7%
• 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: 22.85
• Forward P/E Ratio: 17.06
• 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: 1.53
• Cash Flow: C$23.97 per share
• Price / Cash Flow: 5.28
• Book Value: C$22.09 per share
• Price / Book: 5.73

Miscellaneous

• Outstanding Shares: 9,130,000
• Free Float: N/A
• Market Cap: C$1.16 billion
• Optionable: Not Optionable
• Beta: 0.84