Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s): HMDPF

Industrials

Hammond Power Solutions Inc. is a Canada-based company, which enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The Company's standard and custom-designed products are essential in electrical distribution networks through an extensive range of end user applications. The Company has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe. Its products include power transformers, furnace transformers, converter transformers, regulating transformers, multi-pulse transformers, distribution transformers, pad mounted transformers and unitized substations. Its converter transformers are used in industries such as cement and steel plants, and other related applications. It serves various industries, including renewable energy, commercial infrastructure and industrial markets. It offers a variety of transformer and reactor solutions for the solar and wind energy market.

TSX:HPS.A - Post by User

Hammond Power Solutions Inc > Upcoming Earnings

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Post by retiredcfon Jul 21, 2024 9:52am

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Post# 36141662

Upcoming Earnings

Going into earnings, do you think that Hammond Power Solutions is a safe hold? I have a 5% position at $103.00.

We like its current levels for accumulation, and a lot of its recent troubles from stock-based compensation have likely been priced in. Another consideration is since its price has actually decreased since its last earnings, SBC could act as a slight tailwind on its earnings, and this could be beneficial for the name. We would be comfortable holding through earnings. (5iResearch)

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