TSE:LAS.A

Lassonde Industries - LAS.A Stock Forecast, Price & News

C$119.50

-1.70 (-1.40%)

(As of 08/15/2022 12:00 AM ET)

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Today's Range: C$119.50
▼
C$121.51
50-Day Range: C$111.67
▼
C$125.00
52-Week Range: C$107.78
▼
C$182.90

Volume: 1,477 shs
Average Volume: 2,675 shs
Market Capitalization: C$825.39 million

P/E Ratio: 11.47
Dividend Yield: 2.31%
Price Target: C$170.00

About Lassonde Industries (TSE:LAS.A) Stock

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.

Wall Street Analyst Weigh In

Separately, National Bankshares reduced their price objective on Lassonde Industries from C$169.00 to C$161.00 and set an "outperform" rating on the stock in a research note on Tuesday, August 9th.

Lassonde Industries Price Performance

LAS.A Stock opened at C$121.20 on Monday. The firm has a 50 day moving average price of C$118.56 and a 200-day moving average price of C$133.98. Lassonde Industries has a 52-week low of C$107.78 and a 52-week high of C$182.90. The firm has a market capitalization of C$837.13 million and a price-to-earnings ratio of 11.63. The company has a debt-to-equity ratio of 25.35, a quick ratio of 0.50 and a current ratio of 1.46.

Lassonde Industries Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 15th. Investors of record on Wednesday, June 15th were issued a $0.70 dividend. The ex-dividend date was Wednesday, May 25th. This represents a $2.80 dividend on an annualized basis and a yield of 2.31%. Lassonde Industries's payout ratio is currently 33.78%.

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LAS.A Stock News Headlines

August 11, 2022 | americanbankingnews.com

Lassonde Industries (TSE:LAS.A) PT Lowered to C$161.00

May 19, 2022 | ca.finance.yahoo.com

Lassonde Industries' (TSE:LAS.A) Shareholders Will Receive A Smaller Dividend Than Last Year

May 10, 2022 | ca.finance.yahoo.com

Lassonde Industries Inc. (LSDAF)

May 9, 2022 | finance.yahoo.com

This $47.5 Million LA Manse Overlooks the 4th Green of the Bel-Air Country Club

May 6, 2022 | baystreet.ca

Next Week Light on Economic Data, Heavy on Earnings

May 5, 2022 | nz.finance.yahoo.com

Bitcoin Higher Ahead of FOMC Announcement

March 25, 2022 | finance.yahoo.com

Lassonde Industries Inc. Announces Fourth Quarter and Fiscal 2021 Results

December 20, 2021 | finance.yahoo.com

Lassonde Industries Inc. - Notice of intention to make a normal course issuer bid

August 21, 2021 | finance.yahoo.com

There's A Lot To Like About Lassonde Industries' (TSE:LAS.A) Upcoming CA$0.88 Dividend

August 6, 2021 | theglobeandmail.com

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July 21, 2021 | fool.ca

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July 4, 2021 | theglobeandmail.com

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June 6, 2021 | ca.finance.yahoo.com

TFSA Investors: 1 Recession-Proof Value Stock to Buy Today

March 26, 2021 | markets.businessinsider.com

Lassonde Industries Inc. Appoints Future President and Chief Operating Officer and Announces Fourth Quarter and Fiscal 2020 Results

March 26, 2021 | finance.yahoo.com

Lassonde Industries' (TSE:LAS.A) Stock Price Has Reduced 38% In The Past Three Years

March 16, 2021 | ca.finance.yahoo.com

Stocks in play: Lassonde Industries Inc.

January 28, 2021 | theglobeandmail.com

Eight profitable North American stocks with tempting valuations

December 9, 2020 | baystreet.ca

CIBC, Clean Seed, ADF at 52-Week Highs on News

November 7, 2020 | fool.ca

TSX:LAS-A (LASSONDE INDUSTRIES INC. CL A SV)

October 23, 2020 | seekingalpha.com

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September 18, 2020 | msn.com

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August 7, 2020 | markets.businessinsider.com

Lassonde Industries Inc. announces its Q2 2020 results

May 8, 2020 | markets.businessinsider.com

Lassonde Industries Inc. declares a quarterly dividend of $0.65 per share

May 8, 2020 | markets.businessinsider.com

Lassonde Industries Inc. announces its Q1 2020 results

April 15, 2020 | finance.yahoo.com

How Does Lassonde Industries's (TSE:LAS.A) P/E Compare To Its Industry, After Its Big Share Price Gain?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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LAS.A Company Calendar

Ex-Dividend for 6/15 Dividend: 5/25/2022
Dividend Payable: 6/15/2022
Today: 8/15/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Beverages - Soft Drinks
Sub-Industry: N/A
Sector: Consumer Defensive
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 Forecast: C$160.00
High Stock Price Forecast: C$179.00
Low Stock Price Forecast: C$141.00
Forecasted Upside/Downside: +42.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 11.47
Forward P/E Ratio: 8.98
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 25.35
Current Ratio: 1.46
Quick Ratio: 0.50

Sales & Book Value

Annual Sales: C$1.94 billion
Price / Sales: 0.43
Cash Flow: C$0.04 per share
Price / Cash Flow: 2,693.33
Book Value: C$117.60 per share
Price / Book: 1.02

Miscellaneous

Outstanding Shares: 6,907,000
Free Float: N/A
Market Cap: C$825.39 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Pierre-Paul Lassonde
Chairman & CEO
Mr. Jean Gattuso
Pres & COO
Mr. Guy Blanchette
Exec. VP & CFO
Ms. Nathalie Lassonde
Assistant to Chairman & CEO, VP of Organizational Efficiency and Director
Mr. Peter Mattson
Exec. VP of Sales North America

Key Competitors

View All Competitors

LAS.A Stock - Frequently Asked Questions

Should I buy or sell Lassonde Industries stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lassonde Industries in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" LAS.A shares.
View LAS.A analyst ratings or view top-rated stocks.
What is Lassonde Industries' stock price forecast for 2022?: 2 brokers have issued 1 year target prices for Lassonde Industries' stock. Their LAS.A share price forecasts range from C$141.00 to C$179.00. On average, they expect the company's stock price to reach C$160.00 in the next twelve months. This suggests a possible upside of 33.9% from the stock's current price.
View analysts price targets for LAS.A or view top-rated stocks among Wall Street analysts.
How have LAS.A shares performed in 2022?: Lassonde Industries' stock was trading at C$157.34 at the beginning of 2022. Since then, LAS.A shares have decreased by 24.0% and is now trading at C$119.50.
View the best growth stocks for 2022 here.
How often does Lassonde Industries pay dividends? What is the dividend yield for Lassonde Industries?: Lassonde Industries announced a quarterly dividend on Wednesday, May 25th. Stockholders of record on Wednesday, June 15th will be given a dividend of 0.70 per share on Wednesday, June 15th. This represents a $2.80 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Wednesday, May 25th.
Read our dividend analysis for LAS.A.

Is Lassonde Industries a good dividend stock?: Lassonde Industries (TSE:LAS.A) pays an annual dividend of C$3.52 per share and currently has a dividend yield of 2.31%. The dividend payout ratio is 33.78%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for LAS.A.
What is Lassonde Industries' stock symbol?: Lassonde Industries trades on the Toronto Stock Exchange (TSX) under the ticker symbol "LAS.A."
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.
What is Lassonde Industries' stock price today?: One share of LAS.A stock can currently be purchased for approximately C$119.50.
How much money does Lassonde Industries make?: Lassonde Industries (TSE:LAS.A) has a market capitalization of C$825.39 million and generates C$1.94 billion in revenue each year.
How many employees does Lassonde Industries have?: The company employs 2,200 workers across the globe.
How can I contact Lassonde Industries?: Lassonde Industries' mailing address is 755 Principale St, ROUGEMONT, QC J0L 1M0, Canada. The official website for the company is www.lassonde.com. The company can be reached via phone at +1-450-4694926.

This page (TSE:LAS.A) was last updated on 8/15/2022 by MarketBeat.com Staff

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