Lassonde Industries is a leader in the production and sale of food and beverages in North America. The company deals in specialty food products, fruit and vegetable juices and wines.
It is also a major producer of cranberry sauces. Founded in 1918, Lassonde is a leading name in the agri-food industry. It is one of the top two producers of store brand, shelf-stable fruit juices and drinks in the US and operates through 15 plants across Canada and the United States.
Almost 40% of Lassonde’s sales is in Canada and 60% is from the US. Retail sales account for approximately 86% of total annual sales while food service sales account for the remaining 14%. The company operates through four specialized subsidiaries and more than 25 well-known brands in Canada and the US. Some of its prominent brands include names like Oasis, Rougemont and Fruite etc.
Stock Chart & Metrics
- Ticker: TSE:las.a
- Sector: Consumer Defensive
- Industry: Beverages - Non-Alcoholic
- Market Cap: 0.88B
- Market Cap Group: Small Cap
- P/E: 13.18
- Dividend Yield: 1.54%
- Grade: C
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 3/10
- Dividend Income Fit: 3/10
Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| KO | NYSE:KO | Coca-Cola | 252.24 | 24.11 | 3.15 | YES | 1 | 4 | 23 |
| PEP | NASDAQ:PEP | Pepsi Co | 242.65 | 30.57 | 2.87 | YES | 1 | 4 | 23 |
| KDP | NYSE:KDP | Keurig Dr Pepper Inc | 46.61 | 29.49 | 2.40 | NO | 1 | 4 | 23 |
| PRMW | TSE:PRMW | Primo Water | 3.26 | 28.23 | 2.15 | NO | 1 | 4 | 23 |
| LAS.A | TSE:LAS.A | Lassonde Industries | 0.88 | 13.18 | 1.54 | NO | 1 | 4 | 23 |
Top Picks by Bay Street Experts
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Lassonde Industries - FAQ
What is the stock ticker for Lassonde Industries?
The stock ticker for Lassonde Industries is TSE:las.a.
Is Lassonde Industries a good stock to buy?
You need to consider your investment strategy and how TSE:las.a can fit in your portfolio.
The current dividend income score of 3/10 and dividend growth score of 3/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Lassonde Industries a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 46 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Lassonde Industries?
You can easily buy the LAS.A stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.