SiteOne Landscape Supply (SITE) to Release Earnings on Wednesday

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Wednesday, July 30th. Analysts expect SiteOne Landscape Supply to post earnings of $2.89 per share and revenue of $1.49 billion for the quarter.

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The industrial products company reported ($0.61) earnings per share for the quarter, missing analysts' consensus estimates of ($0.50) by ($0.11). The business had revenue of $939.40 million for the quarter, compared to analysts' expectations of $933.90 million. SiteOne Landscape Supply had a return on equity of 7.31% and a net margin of 2.53%. The firm's revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the company posted ($0.43) earnings per share. On average, analysts expect SiteOne Landscape Supply to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

SiteOne Landscape Supply Stock Up 0.5%

SITE traded up $0.65 during trading hours on Friday, reaching $131.90. 424,392 shares of the stock traded hands, compared to its average volume of 497,263. The firm's fifty day simple moving average is $122.59 and its two-hundred day simple moving average is $125.34. The company has a market cap of $5.91 billion, a price-to-earnings ratio of 52.55, a PEG ratio of 2.15 and a beta of 1.55. SiteOne Landscape Supply has a fifty-two week low of $101.25 and a fifty-two week high of $160.74. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.36 and a quick ratio of 0.97.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SITE shares. Wall Street Zen lowered shares of SiteOne Landscape Supply from a "hold" rating to a "sell" rating in a report on Friday, July 18th. Loop Capital decreased their price objective on shares of SiteOne Landscape Supply from $150.00 to $125.00 and set a "hold" rating for the company in a report on Friday, April 4th. Royal Bank Of Canada decreased their price objective on shares of SiteOne Landscape Supply from $136.00 to $130.00 and set a "sector perform" rating for the company in a report on Thursday, May 1st. Truist Financial decreased their price objective on shares of SiteOne Landscape Supply from $165.00 to $145.00 and set a "buy" rating for the company in a report on Thursday, May 1st. Finally, Barclays decreased their price objective on shares of SiteOne Landscape Supply from $120.00 to $106.00 and set an "underweight" rating for the company in a report on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, SiteOne Landscape Supply presently has an average rating of "Hold" and an average price target of $145.70.

Insider Activity

In other news, EVP Joseph Ketter sold 39,640 shares of SiteOne Landscape Supply stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $126.28, for a total value of $5,005,739.20. Following the transaction, the executive vice president owned 13,663 shares of the company's stock, valued at $1,725,363.64. The trade was a 74.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Doug Black sold 29,760 shares of SiteOne Landscape Supply stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $129.28, for a total transaction of $3,847,372.80. Following the completion of the transaction, the chief executive officer directly owned 596,684 shares in the company, valued at approximately $77,139,307.52. This trade represents a 4.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.60% of the company's stock.

Institutional Trading of SiteOne Landscape Supply

Several institutional investors have recently made changes to their positions in SITE. NewEdge Advisors LLC raised its stake in SiteOne Landscape Supply by 36.6% during the 1st quarter. NewEdge Advisors LLC now owns 399 shares of the industrial products company's stock valued at $48,000 after purchasing an additional 107 shares during the last quarter. Acadian Asset Management LLC acquired a new position in SiteOne Landscape Supply during the 1st quarter valued at about $251,000. Jane Street Group LLC acquired a new position in SiteOne Landscape Supply during the 1st quarter valued at about $6,797,000. Millennium Management LLC raised its position in shares of SiteOne Landscape Supply by 45.9% in the 1st quarter. Millennium Management LLC now owns 75,149 shares of the industrial products company's stock valued at $9,126,000 after acquiring an additional 23,657 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in SiteOne Landscape Supply by 10.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 170,285 shares of the industrial products company's stock worth $20,679,000 after purchasing an additional 16,378 shares in the last quarter.

SiteOne Landscape Supply Company Profile

SiteOne Landscape Supply, Inc, together with its subsidiaries, engages in the wholesale distribution of landscape supplies in the United States and Canada. The company provides irrigation products, including controllers, valves, sprinkler heads, irrigation pipes, micro irrigation, and drip products; fertilizer, grass seed, and ice melt products; control products, such as herbicides, fungicides, rodenticides, and other pesticides; landscape accessories that include mulches, soil amendments, drainage pipes, tools, and sods; nursery goods, which consist of deciduous and evergreen shrubs, ornamental, shade, evergreen trees, field grown and container-grown nursery stock, roses, perennials, annuals, bulbs, and plant species and cultivars; hardscapes, such as pavers, natural stones, blocks, and other durable materials; and outdoor lighting products that include lighting fixtures, LED lamps, wires, transformers, and accessories.