Hammond Power Solutions (TSE:HPS.A) Given New C$325.00 Price Target at National Bank Financial

Hammond Power Solutions (TSE:HPS.A) had its price objective increased by National Bank Financial from C$235.00 to C$325.00 in a research note issued to investors on Thursday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other brokerages have also issued reports on HPS.A. Royal Bank Of Canada upped their target price on shares of Hammond Power Solutions from C$250.00 to C$350.00 and gave the company an “outperform” rating in a research note on Thursday. ATB Cormark Capital Markets boosted their price objective on shares of Hammond Power Solutions from C$235.00 to C$250.00 in a research report on Wednesday, February 18th. Finally, Canaccord Genuity Group boosted their price objective on shares of Hammond Power Solutions from C$223.00 to C$226.00 and gave the company a “buy” rating in a research report on Monday, March 23rd. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Hammond Power Solutions presently has a consensus rating of “Buy” and an average price target of C$343.25.

Hammond Power Solutions Stock Performance

Shares of Hammond Power Solutions stock opened at C$320.56 on Thursday. The firm has a market cap of C$3.82 billion, a PE ratio of 52.81 and a beta of 0.96. The firm’s 50-day simple moving average is C$215.80 and its 200-day simple moving average is C$189.79. The company has a debt-to-equity ratio of 10.76, a quick ratio of 1.06 and a current ratio of 2.03. Hammond Power Solutions has a 1 year low of C$92.47 and a 1 year high of C$326.44.

Hammond Power Solutions (TSE:HPS.A) last issued its earnings results on Tuesday, May 5th. The company reported C$2.08 earnings per share (EPS) for the quarter. The business had revenue of C$264.84 million for the quarter. Hammond Power Solutions had a net margin of 8.73% and a return on equity of 28.43%. Equities analysts forecast that Hammond Power Solutions will post 7.4221267 earnings per share for the current fiscal year.

Key Headlines Impacting Hammond Power Solutions

Here are the key news stories impacting Hammond Power Solutions this week:

• Positive Sentiment: National Bank Financial raised its price target to C$325 and kept an “outperform” rating (from C$235 previously). The raise signals continued analyst confidence. BayStreet National Bank Raise TickerReport
• Positive Sentiment: ATB Cormark Capital Markets increased its price target to C$350 and kept an “outperform” rating — a meaningful lift that implies double?digit upside from the prior reference price. BayStreet ATB Cormark Raise
• Positive Sentiment: Canaccord Genuity raised its target to C$348 and reiterated a “buy” rating, another institutional endorsement driving buying interest. BayStreet Canaccord Raise
• Positive Sentiment: Royal Bank of Canada lifted its target to C$350 with an “outperform” call — multiple high?profile banks raising targets boosts perceived upside and liquidity demand. BayStreet RBC Raise
• Positive Sentiment: Quarterly results: HPS reported C$2.08 EPS and C$264.84M revenue, with a return on equity of 28.4% and net margin ~8.7% — solid fundamentals that validate the analyst optimism. MarketBeat Earnings Press Release
• Positive Sentiment: Industry/market narrative: Coverage highlights Hammond’s record sales tied to a projected $725B AI infrastructure buildout — positions the company as a beneficiary of long?term demand for transformers and power equipment. MSN Article
• Negative Sentiment: Valuation/technical caution: the stock now trades at a high P/E (~52.8) after a strong run — elevated valuation could limit near?term upside and invite profit?taking or heightened sensitivity to execution misses. No external link

Hammond Power Solutions Company Profile

Hammond Power Solutions Inc is engaged in designing and manufacturing of custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India. The company operates in various geographical markets including Canada, the United States, Mexico, and India in which it derives majority revenue in the United States and Mexico.