TSE:HPS.A

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

C$119.70
+2.73 (+2.33%)
(As of 05/17/2024 04:00 PM ET)
Today's Range
C$114.75
C$121.28
50-Day Range
C$102.62
C$157.35
52-Week Range
C$39.65
C$160.51
Volume
86,462 shs
Average Volume
77,946 shs
Market Capitalization
C$1.09 billion
P/E Ratio
25.58
Dividend Yield
0.92%
Price Target
C$165.50

Hammond Power Solutions MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
38.3% Upside
C$165.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.06 out of 5 stars

HPS.A stock logo

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

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.

HPS.A Stock Price History

HPS.A Stock News Headlines

Hammond Power Solutions Inc. (HPS-A.TO)
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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$165.50
High Stock Price Target
C$167.00
Low Stock Price Target
C$164.00
Potential Upside/Downside
+38.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
C$55.62 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$729.61 million
Cash Flow
C$22.67 per share
Book Value
C$20.02 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.09 billion
Optionable
Not Optionable
Beta
0.77
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HPS.A Stock Analysis - Frequently Asked Questions

Should I buy or sell Hammond Power Solutions stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hammond Power Solutions in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" HPS.A shares.
View HPS.A analyst ratings
or view top-rated stocks.

What is Hammond Power Solutions' stock price target for 2024?

1 analysts have issued twelve-month price targets for Hammond Power Solutions' stock. Their HPS.A share price targets range from C$164.00 to C$167.00. On average, they predict the company's stock price to reach C$165.50 in the next twelve months. This suggests a possible upside of 38.3% from the stock's current price.
View analysts price targets for HPS.A
or view top-rated stocks among Wall Street analysts.

How have HPS.A shares performed in 2024?

Hammond Power Solutions' stock was trading at C$81.70 at the start of the year. Since then, HPS.A stock has increased by 46.5% and is now trading at C$119.70.
View the best growth stocks for 2024 here
.

Is Hammond Power Solutions a good dividend stock?

Hammond Power Solutions (TSE:HPS.A) pays an annual dividend of C$1.10 per share and currently has a dividend yield of 1.07%. The dividend payout ratio is 23.50%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HPS.A.

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.

This page (TSE:HPS.A) was last updated on 5/20/2024 by MarketBeat.com Staff

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