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TSE:HPS.A

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

Hammond Power Solutions logo
C$120.67
-9.81 (-7.52%)
(As of 10/31/2024 ET)

About Hammond Power Solutions Stock (TSE:HPS.A)

Key Stats

Today's Range
C$116.20
C$129.17
50-Day Range
C$107.59
C$150.30
52-Week Range
C$64.74
C$160.51
Volume
165,699 shs
Average Volume
77,502 shs
Market Capitalization
C$1.10 billion
P/E Ratio
21.78
Dividend Yield
0.91%
Price Target
C$168.00
Consensus Rating
Buy

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.

Hammond Power Solutions Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
54th Percentile Overall Score

HPS.A MarketRank™: 

Hammond Power Solutions scored higher than 54% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about Hammond Power Solutions' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hammond Power Solutions is 21.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hammond Power Solutions is 21.78, 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 266.51.

  • Price to Book Value per Share Ratio

    Hammond Power Solutions has a P/B Ratio of 5.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

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

  • Read more about Hammond Power Solutions' dividend.
  • Short Interest

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

    Hammond Power Solutions has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Hammond Power Solutions this week, compared to 0 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Hammond Power Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Hammond Power Solutions insiders have not sold or bought any 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.

  • Read more about Hammond Power Solutions' insider trading history.
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HPS.A Stock News Headlines

Hammond Power Solutions Reports Strong Q3 2024 Growth
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See More Headlines

HPS.A Stock Analysis - Frequently Asked Questions

Hammond Power Solutions' stock was trading at C$81.70 at the start of the year. Since then, HPS.A stock has increased by 47.7% and is now trading at C$120.67.
View the best growth stocks for 2024 here
.

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

Industry
Electronic Components
Sub-Industry
N/A
CIK
N/A
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
+38.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
C$65.88 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$754.37 million
Cash Flow
C$22.97 per share
Book Value
C$22.09 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.11 billion
Optionable
Not Optionable
Beta
0.84
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This page (TSE:HPS.A) was last updated on 10/31/2024 by MarketBeat.com Staff
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