SiteOne Landscape Supply Inc [SITE] stock is trading at $129.50, up 7.76%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SITE shares have gain 9.74% over the last week, with a monthly amount glided 0.33%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
SiteOne Landscape Supply Inc [NYSE: SITE] stock has seen the most recent analyst activity on May 02, 2024, when Stifel upgraded its rating to a Buy and also revised its price target to $165 from $167. Previously, Loop Capital downgraded its rating to Hold on January 08, 2024. On December 19, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $167 on the stock. Deutsche Bank downgraded its rating to a Sell and decreased its price target to $120 on December 08, 2023. UBS upgraded its rating to a Buy and raised its price target to $200 on September 26, 2023. Stifel upgraded its rating to Buy for this stock on August 07, 2023, and upped its price target to $185. In a note dated June 06, 2023, Truist upgraded an Buy rating on this stock and boosted its target price from $157 to $177.
SiteOne Landscape Supply Inc [SITE] stock has fluctuated between $114.60 and $188.01 over the past year. Currently, Wall Street analysts expect the stock to reach $151.71 within the next 12 months. SiteOne Landscape Supply Inc [NYSE: SITE] shares were valued at $129.50 at the most recent close of the market. An investor can expect a potential return of 17.15% based on the average SITE price forecast.
Analyzing the SITE fundamentals
SiteOne Landscape Supply Inc [NYSE:SITE] reported sales of 4.37B for the trailing twelve months, which represents a growth of 8.05%. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.11 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.38.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 124.54 points at the first support level, and at 119.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 132.36, and for the 2nd resistance point, it is at 135.23.
Ratios To Look Out For
For context, SiteOne Landscape Supply Inc’s Current Ratio is 2.36. In addition, the Quick Ratio stands at 0.96 and the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 1.34, the price to book ratio is 3.97 and price to earnings (TTM) ratio is 37.37.
Transactions by insiders
Recent insider trading involved BLACK DOUG, CEO, that happened on May 15 ’24 when 10000.0 shares were sold. CEO, BLACK DOUG completed a deal on Apr 17 ’24 to sell 10000.0 shares. Meanwhile, CEO BLACK DOUG sold 10000.0 shares on Mar 13 ’24.
