Hammond Power Solutions Inc T.HPS.A

Future Outlook

[retiredcf]

Took advantage of this morning's weakness to throw a few more into a couple of accounts. GLTA

Can you offer an outlook /prognosis for HPS.A over the next year?

HPS.A has a growing business and a good backlog. Sales are expected to rise from $690M in 2023 to $740M in 2024. EPS from $4.85 to $5.25. The stock has run, but even so remains cheap at 11X earnings. It expects to spend more money this year to expand, but the balance sheet remains strong. We continue to see it as an attractive small cap. (5iResearch)

[Catscratch]

I think those are conservative 2024 revenue and earnings figures.  Hammond's pricing increases going into next year alone should push 2024 revenue to $800M and earnings to $90M or EPS of $7.50