Hammond Manufacturing Stock Buy Hold or Sell Recommendation
| HMM-A Stock | CAD 8.52 0.02 0.24% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Hammond Manufacturing is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Hammond Manufacturing given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Hammond Manufacturing, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Hammond Manufacturing Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Hammond and provide practical buy, sell, or hold advice based on investors' constraints. Hammond Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Hammond |
Execute Hammond Manufacturing Buy or Sell Advice
The Hammond recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hammond Manufacturing. Macroaxis does not own or have any residual interests in Hammond Manufacturing or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hammond Manufacturing's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Hammond Manufacturing Trading Alerts and Improvement Suggestions
| Hammond Manufacturing generated a negative expected return over the last 90 days | |
| Hammond Manufacturing has accumulated C$36.52 Million in debt which can lead to volatile earnings | |
| About 20.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Trading Signals - Stock Traders Daily |
Hammond Manufacturing Returns Distribution Density
The distribution of Hammond Manufacturing's historical returns is an attempt to chart the uncertainty of Hammond Manufacturing's future price movements. The chart of the probability distribution of Hammond Manufacturing daily returns describes the distribution of returns around its average expected value. We use Hammond Manufacturing price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hammond Manufacturing returns is essential to provide solid investment advice for Hammond Manufacturing.
| Mean Return | -0.35 | Value At Risk | -4.2 | Potential Upside | 3.44 | Standard Deviation | 2.42 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hammond Manufacturing historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Hammond Manufacturing Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 2.1M | 1.3M | (3.1M) | 7.9M | 14.3M | 15.0M | |
| Free Cash Flow | 10.1M | 3.4M | (15.4M) | 3.1M | 21.6M | 22.7M | |
| Depreciation | 6.4M | 6.8M | 7.6M | 8.4M | 9.8M | 10.3M | |
| Other Non Cash Items | 1.6M | 1.5M | (1.3M) | (2.7M) | 2.9M | 3.0M | |
| Capital Expenditures | 5.6M | 11.6M | 20.2M | 13.8M | 12.1M | 6.0M | |
| Net Income | 7.7M | 7.7M | 12.0M | 18.8M | 18.4M | 19.3M | |
| End Period Cash Flow | 2.8M | 4.1M | 942K | 8.9M | 24.7M | 25.9M | |
| Dividends Paid | 452K | 454K | 453K | 680K | (680K) | (646K) | |
| Change To Inventory | (604K) | (3.6M) | (18.0M) | (4.4M) | 1.3M | 1.4M | |
| Investments | (5.5M) | (11.5M) | (20.2M) | (13.6M) | (12.0M) | (12.6M) | |
| Net Borrowings | (7.5M) | (7.1M) | (1.5M) | 11.8M | 13.5M | 14.2M | |
| Change To Netincome | 2.5M | 3.3M | 700K | 2.8M | 3.2M | 1.9M |
Hammond Manufacturing Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hammond Manufacturing or Electrical Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hammond Manufacturing's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hammond stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 0.83 | |
σ | Overall volatility | 2.44 | |
Ir | Information ratio | -0.1 |
Hammond Manufacturing Volatility Alert
Hammond Manufacturing exhibits very low volatility with skewness of 0.57 and kurtosis of 1.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hammond Manufacturing's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hammond Manufacturing's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Hammond Manufacturing Fundamentals Vs Peers
Comparing Hammond Manufacturing's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hammond Manufacturing's direct or indirect competition across all of the common fundamentals between Hammond Manufacturing and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hammond Manufacturing or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hammond Manufacturing's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hammond Manufacturing by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Hammond Manufacturing to competition |
| Fundamentals | Hammond Manufacturing | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | 0.0885 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.10 % | (5.51) % |
| Current Valuation | 128.59 M | 16.62 B |
| Shares Outstanding | 8.56 M | 571.82 M |
| Shares Owned By Insiders | 20.15 % | 10.09 % |
| Shares Owned By Institutions | 0.34 % | 39.21 % |
| Number Of Shares Shorted | 6.56 K | 4.71 M |
| Price To Earning | 4.78 X | 28.72 X |
| Price To Book | 0.81 X | 9.51 X |
| Price To Sales | 0.39 X | 11.42 X |
| Revenue | 244.9 M | 9.43 B |
| Gross Profit | 71.91 M | 27.38 B |
| EBITDA | 34.23 M | 3.9 B |
| Net Income | 18.37 M | 570.98 M |
| Cash And Equivalents | 1.01 M | 2.7 B |
| Cash Per Share | 0.09 X | 5.01 X |
| Total Debt | 36.52 M | 5.32 B |
| Debt To Equity | 75.30 % | 48.70 % |
| Current Ratio | 1.47 X | 2.16 X |
| Book Value Per Share | 9.94 X | 1.93 K |
| Cash Flow From Operations | 33.66 M | 971.22 M |
| Short Ratio | 0.25 X | 4.00 X |
| Earnings Per Share | 1.65 X | 3.12 X |
| Number Of Employees | 900 | 18.84 K |
| Beta | 0.61 | -0.15 |
| Market Capitalization | 109.38 M | 19.03 B |
| Total Asset | 214.79 M | 29.47 B |
| Retained Earnings | 103.37 M | 9.33 B |
| Working Capital | 56.04 M | 1.48 B |
| Annual Yield | 0.01 % | |
| Net Asset | 214.79 M |
Hammond Manufacturing Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hammond . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Hammond Manufacturing Buy or Sell Advice
When is the right time to buy or sell Hammond Manufacturing? Buying financial instruments such as Hammond Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Hammond Stock Analysis
When running Hammond Manufacturing's price analysis, check to measure Hammond Manufacturing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hammond Manufacturing is operating at the current time. Most of Hammond Manufacturing's value examination focuses on studying past and present price action to predict the probability of Hammond Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hammond Manufacturing's price. Additionally, you may evaluate how the addition of Hammond Manufacturing to your portfolios can decrease your overall portfolio volatility.