A View of SiteOne Landscape Supply Inc (SITE) Stock’s Fundamentals and Valuations

SiteOne Landscape Supply Inc [SITE] stock is trading at $142.98, down -1.82%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SITE shares have gain 2.72% over the last week, with a monthly amount drifted -5.25%, and not 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 October 10, 2024, when Goldman initiated its Neutral rating and assigned the stock a price target of $158. Previously, Stifel downgraded its rating to Hold on August 01, 2024, and kept the price target unchanged to $150. On May 02, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $165 on the stock. Loop Capital downgraded its rating to a Hold. Stifel downgraded its rating to a Hold and raised its price target to $167 on December 19, 2023. Deutsche Bank downgraded its rating to Sell for this stock on December 08, 2023, and downed its price target to $120. In a note dated September 26, 2023, UBS upgraded an Buy rating on this stock and boosted its target price from $145 to $200.

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 $152.5 within the next 12 months. SiteOne Landscape Supply Inc [NYSE: SITE] shares were valued at $142.98 at the most recent close of the market. An investor can expect a potential return of 6.66% based on the average SITE price forecast.

Analyzing the SITE fundamentals

SiteOne Landscape Supply Inc [NYSE:SITE] reported sales of 4.43B for the trailing twelve months, which represents a growth of 4.45%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.1 and Total Capital is 0.09. 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 141.92 points at the first support level, and at 140.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 144.98, and for the 2nd resistance point, it is at 146.97.

Ratios To Look Out For

For context, SiteOne Landscape Supply Inc’s Current Ratio is 2.47. Also, the Quick Ratio is 1.10, while the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 1.46, the price to book ratio is 4.09 and price to earnings (TTM) ratio is 42.25.

Transactions by insiders

Recent insider trading involved Diaz Fred M, Director, that happened on Aug 05 ’24 when 878.0 shares were sold. Director, Diaz Fred M completed a deal on Aug 05 ’24 to buy 878.0 shares. Meanwhile, CEO BLACK DOUG sold 10000.0 shares on May 15 ’24.

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