SiteOne Landscape Supply (NYSE:SITE – Get Free Report) is scheduled to release its earnings data before the market opens on Wednesday, October 30th. Analysts expect SiteOne Landscape Supply to post earnings of $1.17 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
SiteOne Landscape Supply (NYSE:SITE – Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The industrial products company reported $2.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.13. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.39 billion. SiteOne Landscape Supply had a return on equity of 10.27% and a net margin of 3.50%. The business’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.71 EPS. On average, analysts expect SiteOne Landscape Supply to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
SiteOne Landscape Supply Stock Performance
SITE stock opened at $139.20 on Wednesday. SiteOne Landscape Supply has a 1-year low of $114.60 and a 1-year high of $188.01. The business has a 50-day moving average price of $142.62 and a 200 day moving average price of $143.14. The company has a market capitalization of $6.28 billion, a P/E ratio of 41.31 and a beta of 1.53. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.47 and a quick ratio of 1.10.
Insider Activity
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the stock. Robert W. Baird upped their price target on shares of SiteOne Landscape Supply from $168.00 to $183.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Jefferies Financial Group cut their price target on SiteOne Landscape Supply from $160.00 to $125.00 and set a “hold” rating on the stock in a report on Thursday, July 11th. StockNews.com cut SiteOne Landscape Supply from a “hold” rating to a “sell” rating in a research note on Saturday, August 10th. Truist Financial raised their price objective on SiteOne Landscape Supply from $158.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Finally, The Goldman Sachs Group assumed coverage on shares of SiteOne Landscape Supply in a report on Thursday, October 10th. They issued a “neutral” rating and a $158.00 target price for the company. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, SiteOne Landscape Supply has an average rating of “Hold” and a consensus target price of $147.20.
Check Out Our Latest Stock Analysis on SITE
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.
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