SiteOne Landscape Supply (SITE) Projected to Post Quarterly Earnings on Wednesday

SiteOne Landscape Supply (NYSE:SITE) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of ($0.26) per share and revenue of $998.53 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

SiteOne Landscape Supply Stock Up 0.6 %

Shares of NYSE:SITE opened at $133.90 on Tuesday. The company has a market capitalization of $6.04 billion, a price-to-earnings ratio of 43.33 and a beta of 1.57. The business’s 50-day moving average is $139.18 and its 200-day moving average is $141.63. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 1.16. SiteOne Landscape Supply has a 1 year low of $114.60 and a 1 year high of $188.01.

Insider Activity at SiteOne Landscape Supply

In related news, EVP Joseph Ketter sold 6,500 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $142.20, for a total transaction of $924,300.00. Following the transaction, the executive vice president now owns 12,942 shares in the company, valued at $1,840,352.40. The trade was a 33.43 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.70% of the stock is owned by insiders.

Wall Street Analyst Weigh In

SITE has been the topic of a number of research analyst reports. Robert W. Baird increased their price objective 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. Stifel Nicolaus reiterated a “hold” rating and issued a $140.00 price objective (down previously from $145.00) on shares of SiteOne Landscape Supply in a research note on Monday. Jefferies Financial Group raised shares of SiteOne Landscape Supply from a “hold” rating to a “buy” rating and boosted their price target for the stock from $145.00 to $175.00 in a report on Friday, December 6th. Barclays increased their price target on SiteOne Landscape Supply from $114.00 to $120.00 and gave the stock an “underweight” rating in a research note on Thursday, October 31st. Finally, StockNews.com raised SiteOne Landscape Supply from a “sell” rating to a “hold” rating in a report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $155.33.

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.