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SiteOne Landscape Supply Inc (NYSE: SITE) closed the day trading at $129.08 up 0.73% from the previous closing price of $128.14. In other words, the price has increased by $0.73 from its previous closing price. On the day, 0.81 million shares were traded. SITE stock price reached its highest trading level at $129.37 during the session, while it also had its lowest trading level at $126.66.
Ratios:
For a better understanding of SITE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 140.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 2.36. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.56.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on May 02, 2024, Upgraded its rating to Buy and sets its target price to $165 from $167 previously.
Stifel Downgraded its Buy to Hold on December 19, 2023, whereas the target price for the stock was revised from $150 to $167.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 15 ’24 when BLACK DOUG sold 10,000 shares for $160.01 per share. The transaction valued at 1,600,100 led to the insider holds 578,361 shares of the business.
BLACK DOUG sold 10,000 shares of SITE for $1,621,000 on Apr 17 ’24. The CEO now owns 574,657 shares after completing the transaction at $162.10 per share. On Mar 13 ’24, another insider, BLACK DOUG, who serves as the CEO of the company, sold 10,000 shares for $176.35 each. As a result, the insider received 1,763,500 and left with 574,657 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SITE now has a Market Capitalization of 5835977728 and an Enterprise Value of 6723376640. As of this moment, SiteOne’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.25, and their Forward P/E ratio for the next fiscal year is 26.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 3.96. Its current Enterprise Value per Revenue stands at 1.539 whereas that against EBITDA is 18.511.
Stock Price History:
Over the past 52 weeks, SITE has reached a high of $188.01, while it has fallen to a 52-week low of $116.81. The 50-Day Moving Average of the stock is -18.25%, while the 200-Day Moving Average is calculated to be -17.61%.
Shares Statistics:
Over the past 3-months, SITE traded about 345.82K shares per day on average, while over the past 10 days, SITE traded about 497250 shares per day. A total of 45.08M shares are outstanding, with a floating share count of 44.51M. Insiders hold about 1.56% of the company’s shares, while institutions hold 103.92% stake in the company. Shares short for SITE as of 1715731200 were 2549685 with a Short Ratio of 7.37, compared to 1713139200 on 2502259. Therefore, it implies a Short% of Shares Outstanding of 2549685 and a Short% of Float of 6.4799999999999995.
