Lassonde Industries Stock Today

LAS-A Stock  CAD 176.00  0.15  0.09%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Lassonde Industries is selling for under 176.00 as of the 23rd of November 2024; that is 0.09 percent increase since the beginning of the trading day. The stock's last reported lowest price was 174.0. Lassonde Industries has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Lassonde Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of October 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain
Food, Beverage & Tobacco
Category
Consumer Defensive
Classification
Consumer Staples
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. Lassonde Industries Inc. was founded in 1918 and is headquartered in Rougemont, Canada. The company has 3.07 M outstanding shares of which 1.98 K shares are now shorted by private and institutional investors with about 0.98 days to cover all short positions. More on Lassonde Industries

Lassonde Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lassonde Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lassonde Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President DivisionGabriela Arrillaga
Business ConcentrationSoft Drinks & Non-alcoholic Beverages, Beverages - Non-Alcoholic, Consumer Defensive, Consumer Staples, Beverages, Beverages—Non-Alcoholic, Consumer Defensive (View all Sectors)
Lassonde Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lassonde Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Lassonde Industries can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lassonde Industries' financial leverage. It provides some insight into what part of Lassonde Industries' total assets is financed by creditors.
Liquidity
Lassonde Industries cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Lassonde Industries has accumulated 214.55 M in total debt with debt to equity ratio (D/E) of 0.41, which is about average as compared to similar companies. Lassonde Industries has a current ratio of 1.64, which is within standard range for the sector. Debt can assist Lassonde Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Lassonde Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lassonde Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lassonde to invest in growth at high rates of return. When we think about Lassonde Industries' use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

236.1 Million
Lassonde Industries (LAS-A) is traded on Toronto Exchange in Canada and employs 2,900 people. Lassonde Industries is listed under Soft Drinks & Non-alcoholic Beverages category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lassonde Industries's market, we take the total number of its shares issued and multiply it by Lassonde Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lassonde Industries operates under Beverages sector and is part of Consumer Staples industry. The entity has 3.07 M outstanding shares of which 1.98 K shares are now shorted by private and institutional investors with about 0.98 days to cover all short positions. Lassonde Industries has accumulated about 5.3 M in cash with 224.86 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76.
Check Lassonde Industries Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Lassonde Industries is C$1.2 Billion. 30% of Lassonde Industries outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Lassonde Ownership Details

Lassonde Industries Risk Profiles

Although Lassonde Industries' alpha and beta are two of the key measurements used to evaluate Lassonde Industries' performance over the market, the standard measures of volatility play an important role as well.

Lassonde Stock Against Markets

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Lassonde Industries Corporate Management

Elected by the shareholders, the Lassonde Industries' board of directors comprises two types of representatives: Lassonde Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lassonde. The board's role is to monitor Lassonde Industries' management team and ensure that shareholders' interests are well served. Lassonde Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lassonde Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Pierre TurnerQuality InnovationProfile
Mathieu SimardChief OfficerProfile
Yves ToupinVP TreasuryProfile
Caroline LemoineChief SecretaryProfile

Additional Tools for Lassonde Stock Analysis

When running Lassonde Industries' price analysis, check to measure Lassonde Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lassonde Industries is operating at the current time. Most of Lassonde Industries' value examination focuses on studying past and present price action to predict the probability of Lassonde Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lassonde Industries' price. Additionally, you may evaluate how the addition of Lassonde Industries to your portfolios can decrease your overall portfolio volatility.