Lassonde Industries Inc stock has seen positive movement recently, driven by financial announcements and strategic plans.
This week, Lassonde Industries Inc (LAS-A.TO) experienced a notable uptick in its stock price, reflecting investor sentiment following the company's recent announcements. The stock closed at C$246.00 on Tuesday, marking a 3.90% increase for the day and a 4.46% rise over the past week.
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Lassonde Industries Inc
LAS-A.TO
LAS-A.TO
Lassonde Industries Inc
WealthAwesomeMarket cap
$1.62B
P/E
10.5x
Div. yield
1.95%
Div. / share
$4.70
52W high
$251.11
52W low
$199.00
1W change
+4.46%
Beta
-0.02
Analyst Price Targets
Based on analyst covering LAS-A ยท as of Sep 17, 2026
Wall Street analysts forecast LAS-A stock price to rise 13.0% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$278.00
+13.0% Upside
Current Price
C$246.00
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on LAS-A's historical volatility
30-Day Vol
37.0%
Annualized
90-Day Vol
32.0%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$294.10
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$261.09 | C$229.81 โ C$296.63 |
| 60 trading days | C$277.10 | C$231.34 โ C$331.91 |
| 90 trading days | C$294.10 | C$235.77 โ C$366.84 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors may find Lassonde's recent financial performance and plans for share buybacks encouraging, despite some revenue declines in recent quarters.
C$246.00, up 3.90% today
Lassonde Industries has shown resilience with a year-to-date gain of 13.19%, even amidst fluctuating sales figures.
Bull case
The company's announcement of a Normal Course Issuer Bid suggests management's confidence in the stock's value and their commitment to returning capital to shareholders. This move could reassure investors about the company's future prospects.
Bear case
On the flip side, the decline in sales over the last two quarters raises concerns about the company's revenue trajectory and the overall market conditions. Investors should keep an eye on these trends as they evaluate the stock's potential.
Recent Price Action
Lassonde Industries Inc has seen its stock price rise to C$246.00, reflecting a 3.90% increase today and a 4.46% increase over the past week. Year-to-date, the stock has appreciated 13.19%, suggesting a positive trend despite some recent challenges.
Company News and Catalysts
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This week, Lassonde announced its Q2-2026 financial results, reporting a 4.7% decrease in sales to $737.7 million but a significant 31.8% increase in gross profit to $227.6 million. The company also revealed plans for a Normal Course Issuer Bid, allowing it to repurchase up to 10% of its public float over the next year. This strategic move reflects management's confidence in the stock's value.
Technical Picture
From a technical perspective, Lassonde Industries' last close of C$246.00 is well above its 50-day moving average of C$229.79 and its 200-day moving average of C$224.78. The stock has traded within a 52-week range of C$199.00 to C$251.11, currently sitting at approximately 90% of its range. With a beta of -0.02, the stock exhibits low volatility compared to the market, which may appeal to conservative investors. The latest trading volume was 1,168 shares, below the 20-day average volume of 1,868 shares, indicating lower trading activity.
Insider Activity
Currently, there are no notable insider transactions reported for Lassonde Industries Inc. However, the company's strategic decisions, such as the Normal Course Issuer Bid, may signal management's commitment to enhancing shareholder value.
Conclusion
As of the latest close, Lassonde Industries Inc shares are priced at C$246.00, reflecting a 3.90% increase for the day. Investors may want to consider the company's recent financial performance alongside its strategic initiatives as they evaluate future prospects.
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