Should I buy or sell SiteOne Landscape Supply stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SiteOne Landscape Supply in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 5 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. View SITE analyst ratings or view top-rated stocks .

What is SiteOne Landscape Supply's stock price target for 2024?

10 Wall Street research analysts have issued 12-month price targets for SiteOne Landscape Supply's stock. Their SITE share price targets range from $131.00 to $200.00. On average, they anticipate the company's stock price to reach $163.10 in the next year. This suggests a possible upside of 12.2% from the stock's current price. View analysts price targets for SITE or view top-rated stocks among Wall Street analysts .

How have SITE shares performed in 2023?

SiteOne Landscape Supply's stock was trading at $117.32 at the beginning of the year. Since then, SITE shares have increased by 23.9% and is now trading at $145.31. View the best growth stocks for 2023 here .

When is SiteOne Landscape Supply's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our SITE earnings forecast .

How were SiteOne Landscape Supply's earnings last quarter?

SiteOne Landscape Supply, Inc. (NYSE:SITE) posted its earnings results on Wednesday, November, 1st. The industrial products company reported $1.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by $0.25. The industrial products company had revenue of $1.15 billion for the quarter, compared to analysts' expectations of $1.15 billion. SiteOne Landscape Supply had a trailing twelve-month return on equity of 12.71% and a net margin of 4.16%. The firm's quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.60 earnings per share.

What ETFs hold SiteOne Landscape Supply's stock?

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) .

What is Doug Black's approval rating as SiteOne Landscape Supply's CEO?

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.

What other stocks do shareholders of SiteOne Landscape Supply own?

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) .

When did SiteOne Landscape Supply IPO?

(SITE) raised $210 million in an IPO on Thursday, May 12th 2016. The company issued 10,000,000 shares at a price of $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.

Who are SiteOne Landscape Supply's major shareholders?

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 (7.50%), Baillie Gifford & Co. (4.92%), Bamco Inc. NY (3.15%), Ameriprise Financial Inc. (2.81%), Conestoga Capital Advisors LLC (2.44%) and Impax Asset Management Group plc (2.08%). Insiders that own company stock include Doug Black , Greg Weller , John T Guthrie, John T Guthrie and L Briley Brisendine Jr . View institutional ownership trends .

How do I buy shares of SiteOne Landscape Supply?

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. Compare Top Brokerages Here .

SiteOne Landscape Supply Stock Price, News & Analysis (NYSE:SITE)

$145.31

+1.66 (+1.16%)

(As of 12/6/2023 ET)

Compare

Today's Range: $145.31
▼
$148.61
50-Day Range: $123.33
▼
$164.08
52-Week Range: $113.25
▼
$176.16

Volume: 245,364 shs
Average Volume: 289,374 shs
Market Capitalization: $6.56 billion

P/E Ratio: 37.84
Dividend Yield: N/A
Price Target: $163.10

SiteOne Landscape Supply MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 12.2% Upside
$163.10 Price Target
Short Interest: Bearish
7.27% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.11
Based on 6 Articles This Week
Insider Trading: Selling Shares
$2.43 M Sold Last Quarter
Proj. Earnings Growth: 18.48%
From $3.68 to $4.36 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Industrial Products Sector

89th out of 146 stocks

Professional & Commercial Equipment & Supplies Industry

1st out of 1 stocks

3.2

Analyst's Opinion

Consensus Rating
SiteOne Landscape Supply has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $163.10, SiteOne Landscape Supply has a forecasted upside of 12.2% from its current price of $145.31.
Amount of Analyst Coverage
SiteOne Landscape Supply has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

0.0

Short Interest

Percentage of Shares Shorted
7.27% of the float of SiteOne Landscape Supply has been sold short.
Short Interest Ratio / Days to Cover
SiteOne Landscape Supply has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.
Change versus previous month
Short interest in SiteOne Landscape Supply has recently increased by 5.90%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
SiteOne Landscape Supply does not currently pay a dividend.
Dividend Growth
SiteOne Landscape Supply does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SITE.

3.4

News and Social Media Coverage

News Sentiment
SiteOne Landscape Supply has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for SiteOne Landscape Supply this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for SITE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added SiteOne Landscape Supply to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SiteOne Landscape Supply insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,428,435.00 in company stock.
Percentage Held by Insiders
Only 2.70% of the stock of SiteOne Landscape Supply is held by insiders.

2.5

Earnings and Valuation

Earnings Growth
Earnings for SiteOne Landscape Supply are expected to grow by 18.48% in the coming year, from $3.68 to $4.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SiteOne Landscape Supply is 37.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.44.
Price to Earnings Ratio vs. Sector
The P/E ratio of SiteOne Landscape Supply is 37.84, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.41.
Price to Book Value per Share Ratio
SiteOne Landscape Supply has a P/B Ratio of 5.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SiteOne Landscape Supply Stock (NYSE:SITE)

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 a selection of approximately 155,000 stock keeping units, including irrigation supplies, which comprise controllers, valves, sprinkler heads, and irrigation pipes; 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; 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. It also offers consultative services consisting of assistance with irrigation network design, commercial project planning, generation of sales leads, business operations, product support services, and a series of technical and business management seminars; and distributes branded products of third parties. The company offers its products under the LESCO, SiteOne Green Tech, and Pro-Trade brand names. It markets its products primarily to residential and commercial landscape professionals who specialize in the design, installation, and maintenance of lawns, gardens, golf courses, and other outdoor spaces through branch network and direct distribution. As of January 1, 2023, the company had approximately 630 branches in 45 U.S. States and six Canadian provinces. SiteOne Landscape Supply, Inc. was incorporated in 2013 and is headquartered in Roswell, Georgia.

SITE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SITE Stock News Headlines

December 3, 2023 | finance.yahoo.com

SiteOne Landscape Supply (NYSE:SITE) jumps 5.0% this week, though earnings growth is still tracking behind five-year shareholder returns

December 1, 2023 | americanbankingnews.com

SiteOne Landscape Supply, Inc. (NYSE:SITE) Given Consensus Recommendation of "Hold" by Analysts

December 7, 2023 | DTI Trader (Ad)

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November 19, 2023 | seekingalpha.com

SiteOne Landscape Supply: It Is Better To Avoid It

November 18, 2023 | finance.yahoo.com

Insider Sell Alert: CEO Doug Black Sells 8,000 Shares of SiteOne Landscape Supply Inc (SITE)

November 2, 2023 | markets.businessinsider.com

6 Analysts Have This to Say About SiteOne Landscape Supply

November 2, 2023 | finance.yahoo.com

SiteOne Landscape Supply, Inc. (NYSE:SITE) Q3 2023 Earnings Call Transcript

November 2, 2023 | markets.businessinsider.com

SiteOne Landscape Supply Q3 Earnings Fall, Misses Estimates; But Revenue Rises

December 7, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 2, 2023 | finance.yahoo.com

SiteOne Landscape Supply, Inc. (NYSE:SITE) Shares Could Be 30% Above Their Intrinsic Value Estimate

November 2, 2023 | finance.yahoo.com

Q3 2023 SiteOne Landscape Supply Inc Earnings Call

November 1, 2023 | finance.yahoo.com

SiteOne Landscape Supply Announces Third Quarter 2023 Earnings

November 1, 2023 | finance.yahoo.com

SiteOne Landscape (SITE) Q3 Earnings Miss Estimates

November 1, 2023 | finance.yahoo.com

SiteOne Landscape Supply Inc (SITE) Reports 4% Increase in Net Sales Amidst Market Challenges

November 1, 2023 | seekingalpha.com

SiteOne Landscape Supply, Inc. 2023 Q3 - Results - Earnings Call Presentation

October 20, 2023 | finance.yahoo.com

Insider Sell: CEO Doug Black Sells 7,960 Shares of SiteOne Landscape Supply Inc

October 13, 2023 | msn.com

Barclays Maintains SiteOne Landscape Supply (SITE) Underweight Recommendation

October 12, 2023 | finance.yahoo.com

SiteOne Landscape Supply, Inc. Announces Third Quarter 2023 Earnings Release Date and Conference Call

October 5, 2023 | nasdaq.com

SiteOne Landscape Supply (SITE) Price Target Increased by 5.33% to 179.07

September 26, 2023 | finance.yahoo.com

SiteOne Landscape Supply (SITE): A Closer Look at its Modest Undervaluation

September 26, 2023 | finance.yahoo.com

Microsoft earns upgrade on GenAI prospects: 5 big analyst picks

September 23, 2023 | finance.yahoo.com

Insider Sell: CEO Doug Black Sells 8,000 Shares of SiteOne Landscape Supply Inc

September 15, 2023 | finance.yahoo.com

Should You Invest in SiteOne Landscape Supply (SITE)?

September 12, 2023 | finance.yahoo.com

JMJ Organics Joins SiteOne Landscape Supply

September 10, 2023 | finance.yahoo.com

Returns At SiteOne Landscape Supply (NYSE:SITE) Appear To Be Weighed Down

September 4, 2023 | seekingalpha.com

SiteOne Landscape Supply Lacks The Push But Remains Stable

September 1, 2023 | finance.yahoo.com

Pioneer Landscape Centers Announces Sale to SiteOne Landscape Supply to Bolster Ability to Serve Customers

See More Headlines

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Company Calendar

Last Earnings: 11/01/2023
Today: 12/07/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/21/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Professional & commercial equipment & supplies
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NYSE:SITE
CUSIP: N/A
CIK: 1650729
Web: www.siteone.com
Phone: (470) 277-7000
Fax: N/A
Employees: 7,430
Year Founded: 2001

Price Target and Rating

Average Stock Price Target: $163.10
High Stock Price Target: $200.00
Low Stock Price Target: $131.00
Potential Upside/Downside: +12.2%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.84
Trailing P/E Ratio: 37.84
Forward P/E Ratio: 39.49
P/E Growth: N/A
Net Income: $245.40 million
Net Margins: 4.16%
Pretax Margin: 5.35%
Return on Equity: 12.71%
Return on Assets: 6.27%

Debt

Debt-to-Equity Ratio: 0.33
Current Ratio: 2.40
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $4.01 billion
Price / Sales: 1.63
Cash Flow: $7.67 per share
Price / Cash Flow: 18.94
Book Value: $28.89 per share
Price / Book: 5.03

Miscellaneous

Outstanding Shares: 45,130,000
Free Float: 43,907,000
Market Cap: $6.56 billion
Optionable: Optionable
Beta: 1.44

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Key Executives

Mr. Doug Black (Age 58)
Chairman of the Board & CEO
Comp: $2.05M
Mr. John T. Guthrie (Age 58)
Executive VP, CFO & Assistant Secretary
Comp: $841.48k
Mr. Briley L. Brisendine Jr. (Age 52)
Executive VP, General Counsel & Secretary
Comp: $796.71k
Mr. Joseph Ketter (Age 54)
Executive Vice President of Human Resources
Comp: $624.21k
Mr. Scott Salmon (Age 54)
Executive Vice President of Strategy & Development
Comp: $705.3k
Sean Kramer
Chief Information Officer
Greg Kirksey
Director of Communications
Ms. Shannon Versaggi
Senior Vice President of Marketing, Category Management & Pricing
Mr. Taylor Koch
Executive Vice President of Sales
Mr. Jerry Justice
Division President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SITE Stock Analysis - Frequently Asked Questions

Should I buy or sell SiteOne Landscape Supply stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SiteOne Landscape Supply in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 5 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.
View SITE analyst ratings or view top-rated stocks.
What is SiteOne Landscape Supply's stock price target for 2024?: 10 Wall Street research analysts have issued 12-month price targets for SiteOne Landscape Supply's stock. Their SITE share price targets range from $131.00 to $200.00. On average, they anticipate the company's stock price to reach $163.10 in the next year. This suggests a possible upside of 12.2% from the stock's current price.
View analysts price targets for SITE or view top-rated stocks among Wall Street analysts.
How have SITE shares performed in 2023?: SiteOne Landscape Supply's stock was trading at $117.32 at the beginning of the year. Since then, SITE shares have increased by 23.9% and is now trading at $145.31.
View the best growth stocks for 2023 here.
When is SiteOne Landscape Supply's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our SITE earnings forecast.
How were SiteOne Landscape Supply's earnings last quarter?: SiteOne Landscape Supply, Inc. (NYSE:SITE) posted its earnings results on Wednesday, November, 1st. The industrial products company reported $1.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by $0.25. The industrial products company had revenue of $1.15 billion for the quarter, compared to analysts' expectations of $1.15 billion. SiteOne Landscape Supply had a trailing twelve-month return on equity of 12.71% and a net margin of 4.16%. The firm's quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.60 earnings per share.
What ETFs hold SiteOne Landscape Supply's stock?: 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).

What is Doug Black's approval rating as SiteOne Landscape Supply's CEO?: 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.
What other stocks do shareholders of SiteOne Landscape Supply own?: 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).
When did SiteOne Landscape Supply IPO?: (SITE) raised $210 million in an IPO on Thursday, May 12th 2016. The company issued 10,000,000 shares at a price of $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.
Who are SiteOne Landscape Supply's major shareholders?: 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 (7.50%), Baillie Gifford & Co. (4.92%), Bamco Inc. NY (3.15%), Ameriprise Financial Inc. (2.81%), Conestoga Capital Advisors LLC (2.44%) and Impax Asset Management Group plc (2.08%). Insiders that own company stock include Doug Black, Greg Weller, John T Guthrie, John T Guthrie and L Briley Brisendine Jr.
View institutional ownership trends.
How do I buy shares of SiteOne Landscape Supply?: 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.
Compare Top Brokerages Here.

This page (NYSE:SITE) was last updated on 12/7/2023 by MarketBeat.com Staff

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SiteOne Landscape Supply Stock Price, News & Analysis (NYSE:SITE)

SiteOne Landscape Supply MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About SiteOne Landscape Supply Stock (NYSE:SITE)

SITE Stock Price History

SITE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

SITE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™