Should I buy or sell Lassonde Industries stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lassonde Industries in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LAS.A shares. View LAS.A analyst ratings or view top-rated stocks .

What is Lassonde Industries' stock price target for 2024?

2 Wall Street research analysts have issued 12 month price objectives for Lassonde Industries' shares. Their LAS.A share price targets range from C$174.00 to C$175.00. On average, they predict the company's share price to reach C$174.50 in the next year. This suggests a possible upside of 20.3% 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 2024?

Lassonde Industries' stock was trading at C$140.25 at the beginning of 2024. Since then, LAS.A stock has increased by 3.5% and is now trading at C$145.11. View the best growth stocks for 2024 here .

Is Lassonde Industries a good dividend stock?

Lassonde Industries (TSE:LAS.A) pays an annual dividend of C$4.00 per share and currently has a dividend yield of 2.63%. The dividend payout ratio is 31.18%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for 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 .

TSE:LAS.A

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

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Free LAS.A Stock Alerts

C$145.11

-0.53 (-0.36%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$145.00
▼
C$145.93
50-Day Range: C$145.00
▼
C$157.50
52-Week Range: C$95.59
▼
C$159.30

Volume: 1,212 shs
Average Volume: 1,460 shs
Market Capitalization: C$445.49 million

P/E Ratio: 11.31
Dividend Yield: 2.76%
Price Target: C$174.50

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines

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About Lassonde Industries Stock (TSE:LAS.A)

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.

LAS.A Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LAS.A Stock News Headlines

March 21, 2024 | finance.yahoo.com

Lassonde Industries Inc. announces its Q4 and fiscal 2023 results

February 14, 2024 | ca.finance.yahoo.com

Lassonde Industries Inc. amends its dividend policy and declares a quarterly dividend of $1.00 per share

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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December 23, 2023 | finance.yahoo.com

Investors Met With Slowing Returns on Capital At Lassonde Industries (TSE:LAS.A)

November 30, 2023 | morningstar.com

Lassonde Industries Inc Shs -A- Subord Voting LAS.A

November 10, 2023 | msn.com

Lassonde Industries Non-GAAP EPS of C$3.67, revenue of C$583.4M

November 10, 2023 | ca.finance.yahoo.com

Lassonde Industries Inc. announces its Q3-2023 results

August 28, 2023 | msn.com

Feast on Profits: Investing in Canada’s Food and Beverage Stocks

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

August 23, 2023 | theglobeandmail.com

Lassonde Industries: Top 10 Undervalued Consumer Defensive Sector Stocks on TSX (LAS-A)

August 10, 2023 | msn.com

Lassonde Industries Non-GAAP EPS of C$3.89, revenue of C$579.4M

July 22, 2023 | finance.yahoo.com

Lassonde Industries Inc. (TSE:LAS.A) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead

July 22, 2023 | theglobeandmail.com

Lassonde Industries: Stocks Undervalued by Analyst Consensus on TSX (LAS-A)

July 21, 2023 | morningstar.com

Lassonde Industries Inc Shs -A- Subord Voting

July 18, 2023 | finance.yahoo.com

LAS-A.TO - Lassonde Industries Inc.

May 13, 2023 | msn.com

This Canadian Beverage Stock Is a Top Value Pick for 2023

May 6, 2023 | theglobeandmail.com

Closing Bell: Lassonde Industries Inc Cl A Sv up on Friday (LAS-A)

April 18, 2023 | theglobeandmail.com

Closing Bell: Lassonde Industries Inc Cl A Sv up on Monday (LAS-A)

April 14, 2023 | theglobeandmail.com

Closing Bell: Lassonde Industries Inc Cl A Sv down on Friday (LAS-A)

February 15, 2023 | seekingalpha.com

Lassonde Industries Inc. declares $0.70 dividend

February 15, 2023 | finance.yahoo.com

Lassonde Industries Inc. declares a dividend of $0.70 per share and announces the appointment of two new members to its Board of Directors

January 1, 2023 | yahoo.com

Lassonde Industries Inc.'s (TSE:LAS.A) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?

December 11, 2022 | nz.finance.yahoo.com

With 55% ownership, Lassonde Industries Inc. (TSE:LAS.A) insiders have a lot at stake

September 19, 2022 | finance.yahoo.com

Lassonde Is a Potentially Juicy Opportunity

August 16, 2022 | finance.yahoo.com

Lassonde Industries Inc. amends its normal course issuer bid

May 21, 2022 | yahoo.com

Income Investors Should Know That Lassonde Industries Inc. (TSE:LAS.A) Goes Ex-Dividend Soon

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

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

See More Headlines

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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$174.50
High Stock Price Target: C$175.00
Low Stock Price Target: C$174.00
Potential Upside/Downside: +20.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$12.83
Trailing P/E Ratio: 11.31
Forward P/E Ratio: 9.72
P/E Growth: N/A
Net Income: C$87.53 million
Net Margins: 3.78%
Pretax Margin: N/A
Return on Equity: 9.13%
Return on Assets: 5.18%

Debt

Debt-to-Equity Ratio: 21.54
Current Ratio: 1.71
Quick Ratio: 0.55

Sales & Book Value

Annual Sales: C$2.31 billion
Price / Sales: 0.19
Cash Flow: C$0.08 per share
Price / Cash Flow: 1,799.12
Book Value: C$135.24 per share
Price / Book: 1.07

Miscellaneous

Outstanding Shares: 3,070,000
Free Float: N/A
Market Cap: C$445.49 million
Optionable: Not Optionable
Beta: -0.16

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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 Analysis - Frequently Asked Questions

Should I buy or sell Lassonde Industries stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lassonde Industries in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LAS.A shares.
View LAS.A analyst ratings or view top-rated stocks.
What is Lassonde Industries' stock price target for 2024?: 2 Wall Street research analysts have issued 12 month price objectives for Lassonde Industries' shares. Their LAS.A share price targets range from C$174.00 to C$175.00. On average, they predict the company's share price to reach C$174.50 in the next year. This suggests a possible upside of 20.3% 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 2024?: Lassonde Industries' stock was trading at C$140.25 at the beginning of 2024. Since then, LAS.A stock has increased by 3.5% and is now trading at C$145.11.
View the best growth stocks for 2024 here.

Is Lassonde Industries a good dividend stock?: Lassonde Industries (TSE:LAS.A) pays an annual dividend of C$4.00 per share and currently has a dividend yield of 2.63%. The dividend payout ratio is 31.18%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for 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.

This page (TSE:LAS.A) was last updated on 4/19/2024 by MarketBeat.com Staff

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