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

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.

Key Stats

• Today's Range: C$177.96 to C$177.96
• 50-Day Range: C$170.00 to C$190.99
• 52-Week Range: C$127.61 to C$191.00
• Volume: 100 shs
• Average Volume: 1,774 shs
• Market Capitalization: C$546.34 million
• P/E Ratio: 11.82
• Dividend Yield: 2.25%
• Price Target: C$195.50
• Consensus Rating: Moderate Buy

Lassonde Industries Stock Analysis - MarketRank™

Lassonde Industries scored higher than 23% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

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.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Lassonde Industries is 11.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.10.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lassonde Industries is 11.82, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 213.11.

Price to Book Value per Share Ratio

Lassonde Industries has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

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

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

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%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

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

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.86

News Sentiment

Lassonde Industries has a news sentiment score of 0.86. 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 0.32 average news sentiment score of Consumer Defensive companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Lassonde Industries this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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.

LAS.A Stock Analysis - Frequently Asked Questions

How have LAS.A shares performed this year?

Lassonde Industries' stock was trading at C$140.25 at the start of the year. Since then, LAS.A stock has increased by 26.9% and is now trading at C$177.96.
View the best growth stocks for 2024 here.

How do I buy shares of Lassonde Industries?

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.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Consumer Defensive
• Industry: Beverages - Soft Drinks
• Sub-Industry: N/A
• Current Symbol: TSE:LAS.A
• CUSIP: N/A
• CIK: N/A
• Web: www.lassonde.com
• Phone: +1-450-4694926
• 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: +9.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$15.05
• Trailing P/E Ratio: 11.82
• Forward P/E Ratio: 9.37
• P/E Growth: N/A
• Net Income: C$102.69 million
• Net Margins: 4.31%
• Pretax Margin: N/A
• Return on Equity: 10.05%
• Return on Assets: 5.66%

Debt

• Debt-to-Equity Ratio: 19.88
• Current Ratio: 1.78
• Quick Ratio: 0.55

Sales & Book Value

• Annual Sales: C$2.38 billion
• Price / Sales: 0.23
• Cash Flow: C$0.10 per share
• Price / Cash Flow: 1,799.12
• Book Value: C$145.09 per share
• Price / Book: 1.23

Miscellaneous

• Outstanding Shares: 3,070,000
• Free Float: N/A
• Market Cap: C$546.34 million
• Optionable: Not Optionable
• Beta: -0.15