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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

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

Comment by leafs2018on Mar 29, 2024 3:30pm
125 Views
Post# 35960443

RE:RE:RE:RE:People say

RE:RE:RE:RE:People say
There's some seasonality to the business as can be seen by the quarterly trends for last few years so not sure it's appropriate to use Q4 for full year earnings.  Also only 2 analysts cover it so not a great sample size.  But do agree that adjusting the quarter for stock compensation, it looks good.  Good growth in other markets (India) if growth in the US moderating somewhat and dividend increase suggests management has a lot of confidence in the future.  Capacity of $900 mln. toward later part of 2024/early 2025 shows lots of runway as well.  With a market cap of $1.5-2.0 bln., it will start to hit institutional screens. 
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