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TSE:LAS.A

Lassonde Industries (LAS.A) Stock Price, News & Analysis

Lassonde Industries logo
C$173.11 -0.06 (-0.03%)
(As of 05:28 PM ET)

About Lassonde Industries Stock (TSE:LAS.A)

Key Stats

Today's Range
C$173.11
C$175.16
50-Day Range
C$172.50
C$190.99
52-Week Range
C$132.99
C$191.00
Volume
787 shs
Average Volume
1,873 shs
Market Capitalization
C$531.45 million
P/E Ratio
11.50
Dividend Yield
2.31%
Price Target
C$195.50
Consensus Rating
Moderate Buy

Company Overview

Lassonde Industries Inc., together with its subsidiaries, develops, manufactures, and markets various ready-to-drink fruit and vegetable juices and drinks in Canada, the United States, and internationally. The company also offers cranberry sauces; and develops, manufactures, and markets specialty food products, including fondue broths and sauces, packaged corn-on-the-cob, and pasta sauces. In addition, it imports and markets selected wines; and produces apple cider and cider based beverages. The company sells its products in various packages under various trademarks, such as Antico, Apple & Eve, Arte Nova, Bombay, Canton, Double Vie, Dublin's Pub, Everfresh, Fairlee, Fruité, Grown Right, Mont-Rouge, Northland, Oasis, Orange Maison, Pomme de Coeur, Rougemont, Ruby Kist, Sunlike, The Switch, Tropical Grove, Allen's, Del Monte, Graves, Mitchell's, Nature's Best, and Tetley. It serves supermarket chains, independent grocers, superstores, warehouse clubs, pharmacy chains, and online sales; and restaurants, hotels, hospitals, schools, and wholesalers. The company was founded in 1918 and is headquartered in Rougemont, Canada. Lassonde Industries Inc. is a subsidiary of 3346625 Canada Inc.

Lassonde Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
39th Percentile Overall Score

LAS.A MarketRank™: 

Lassonde Industries scored higher than 39% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Lassonde Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Lassonde Industries has only been the subject of 1 research reports in the past 90 days.

  • Read more about Lassonde Industries' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Lassonde Industries is 11.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Lassonde Industries is 11.50, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 212.12.

  • Price to Book Value per Share Ratio

    Lassonde Industries has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for LAS.A.
  • Dividend Yield

    Lassonde Industries pays a meaningful dividend of 2.26%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Lassonde Industries does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Lassonde Industries is 26.58%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Lassonde Industries' dividend.
  • Short Interest

    There is no current short interest data available for LAS.A.
  • News Sentiment

    Lassonde Industries has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.27 average news sentiment score of Consumer Defensive companies.
  • MarketBeat Follows

    1 people have added Lassonde Industries to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Lassonde Industries insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.19% of the stock of Lassonde Industries is held by insiders.

  • Percentage Held by Institutions

    43.55% of the stock of Lassonde Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Lassonde Industries' insider trading history.
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LAS.A Stock News Headlines

Lassonde Reports Strong Q3 2024 Growth
Lassonde Industries Inc. announces its Q3-2024 results
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Lassonde Industries Inc. announces its Q2-2024 results
See More Headlines

LAS.A Stock Analysis - Frequently Asked Questions

Lassonde Industries' stock was trading at C$140.25 at the start of the year. Since then, LAS.A shares have increased by 23.4% and is now trading at C$173.11.
View the best growth stocks for 2024 here
.

Shares of LAS.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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Industry, Sector and Symbol

Industry
Beverages - Soft Drinks
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$195.50
High Stock Price Target
C$225.00
Low Stock Price Target
C$180.00
Potential Upside/Downside
+11.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
C$102.69 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.38 billion
Cash Flow
C$0.10 per share
Book Value
C$145.09 per share

Miscellaneous

Free Float
N/A
Market Cap
C$536.21 million
Optionable
Not Optionable
Beta
-0.15
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This page (TSE:LAS.A) was last updated on 12/18/2024 by MarketBeat.com Staff
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