SiteOne Landscape Supply - SITE Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SiteOne Landscape Supply in the last twelve months. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SITE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SITE, but not buy additional shares or sell existing shares.
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9 analysts have issued 1 year price objectives for SiteOne Landscape Supply's stock. Their SITE share price forecasts range from $105.00 to $200.00. On average, they predict the company's stock price to reach $146.63 in the next year. This suggests a possible upside of 37.8% from the stock's current price.
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SiteOne Landscape Supply's stock was trading at $242.28 at the beginning of the year. Since then, SITE stock has decreased by 56.1% and is now trading at $106.41.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our SITE earnings forecast.

SiteOne Landscape Supply, Inc. (NYSE:SITE) issued its earnings results on Wednesday, August, 3rd. The industrial products company reported $3.07 EPS for the quarter, beating the consensus estimate of $3.00 by $0.07. The industrial products company earned $1.22 billion during the quarter, compared to analyst estimates of $1.24 billion. SiteOne Landscape Supply had a trailing twelve-month return on equity of 25.37% and a net margin of 7.45%. The company's revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.70 earnings per share.

90 employees have rated SiteOne Landscape Supply Chief Executive Officer Doug Black on Glassdoor.com. Doug Black has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other SiteOne Landscape Supply investors own include Block (SQ), GW Pharmaceuticals (GWPH), Advanced Micro Devices (AMD), NVIDIA (NVDA), Alibaba Group (BABA), Etsy (ETSY), Netflix (NFLX), Walt Disney (DIS), PayPal (PYPL) and DocuSign (DOCU).

(SITE) raised $210 million in an IPO on Thursday, May 12th 2016. The company issued 10,000,000 shares at $20.00-$22.00 per share. Deutsche Bank Securities, Goldman Sachs and UBS Investment Bank acted as the underwriters for the IPO and Barclays, Baird, RBC Capital Markets, William Blair, SunTrust Robinson Humphrey, ING, HSBC, Natixis and SMBC Nikko were co-managers.

SiteOne Landscape Supply trades on the New York Stock Exchange (NYSE) under the ticker symbol "SITE."

SiteOne Landscape Supply's stock is owned by many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (12.74%), Kayne Anderson Rudnick Investment Management LLC (10.37%), Baillie Gifford & Co. (6.00%), Conestoga Capital Advisors LLC (2.34%), Macquarie Group Ltd. (1.85%) and Allspring Global Investments Holdings LLC (1.68%). Insiders that own company stock include Doug Black, Greg Weller, John T Guthrie, John T Guthrie and L Briley Brisendine Jr.
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Shares of SITE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SITE stock can currently be purchased for approximately $106.41.

SiteOne Landscape Supply (NYSE:SITE) has a market capitalization of $4.79 billion and generates $3.48 billion in revenue each year. The industrial products company earns $238.40 million in net income (profit) each year or $6.11 on an earnings per share basis.

The company employs 6,150 workers across the globe.

SiteOne Landscape Supply's mailing address is 300 COLONIAL CENTER PARKWAY SUITE 600, ROSWELL GA, 30076. The official website for the company is www.siteone.com. The industrial products company can be reached via phone at (470) 277-7000 or via email at investors@siteone.com.