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.
View SITE analyst ratings or view top-rated stocks.

9 brokerages have issued twelve-month target prices for SiteOne Landscape Supply's shares. Their SITE share price forecasts range from $105.00 to $200.00. On average, they expect 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.
View analysts price targets for SITE or view top-rated stocks among Wall Street analysts.

SiteOne Landscape Supply's stock was trading at $242.28 at the beginning of 2022. Since then, SITE stock has decreased by 56.1% and is now trading at $106.41.
View the best growth stocks for 2022 here.

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) released its quarterly earnings results on Wednesday, August, 3rd. The industrial products company reported $3.07 EPS for the quarter, beating analysts' consensus estimates of $3.00 by $0.07. The industrial products company had revenue of $1.22 billion for 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 quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business earned $2.70 EPS.

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 institutional and retail investors. Top institutional investors 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.
View institutional ownership trends.

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.

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.