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 year. There are currently 1 sell rating, 4 hold ratings and 4 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 equities research analysts have issued twelve-month price targets for SiteOne Landscape Supply's shares. Their SITE share price forecasts range from $135.00 to $187.00. On average, they anticipate the company's share price to reach $164.00 in the next year. This suggests a possible upside of 5.6% from the stock's current price.
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SiteOne Landscape Supply's stock was trading at $117.32 at the beginning of 2023. Since then, SITE shares have increased by 32.3% and is now trading at $155.26.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our SITE earnings forecast.

SiteOne Landscape Supply, Inc. (NYSE:SITE) announced its quarterly earnings data on Wednesday, August, 2nd. The industrial products company reported $2.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.69 by $0.02. The industrial products company earned $1.35 billion during the quarter, compared to analyst estimates of $1.31 billion. SiteOne Landscape Supply had a trailing twelve-month return on equity of 14.31% and a net margin of 4.59%. The company's quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the company posted $3.07 earnings per share.

ETFs with the largest weight of SiteOne Landscape Supply (NYSE:SITE) stock in their portfolio include Alger Weatherbie Enduring Growth ETF (AWEG), Procure Disaster Recovery Strategy ETF (FIXT), Procure Disaster Recovery Strategy ETF (FEMA), First Trust Indxx Global Agriculture ETF (FTAG), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), First Trust Consumer Discretionary AlphaDEX Fund (FXD), Nuveen ESG Small-Cap ETF (NUSC) and Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD).

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 initial public offering (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 a number of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (7.76%), BlackRock Inc. (5.59%), Baillie Gifford & Co. (5.02%), Conestoga Capital Advisors LLC (2.40%), Impax Asset Management Group plc (2.29%) and Alliancebernstein L.P. (2.08%). 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 $155.26.

SiteOne Landscape Supply (NYSE:SITE) has a market capitalization of $7.00 billion and generates $4.01 billion in revenue each year. The industrial products company earns $245.40 million in net income (profit) each year or $4.19 on an earnings per share basis.

The company employs 7,430 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.