Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, SiteOne Landscape Supply Inc’s stock clocked out at $143.51, down -8.53% from its previous closing price of $156.89. In other words, the price has decreased by -$8.53 from its previous closing price. On the day, 1.48 million shares were traded. SITE stock price reached its highest trading level at $149.655 during the session, while it also had its lowest trading level at $134.445.
Ratios:
To gain a deeper understanding of SITE’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 78.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.41. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.51.
On December 19, 2023, Stifel Downgraded its rating to Hold which previously was Buy and also upped its target price recommendation from $150 to $167.
Deutsche Bank Downgraded its Hold to Sell on December 08, 2023, whereas the target price for the stock was revised from $123 to $120.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 17 ’24 when BLACK DOUG sold 10,000 shares for $162.10 per share. The transaction valued at 1,621,000 led to the insider holds 574,657 shares of the business.
BLACK DOUG sold 10,000 shares of SITE for $1,763,500 on Mar 13 ’24. The CEO now owns 574,657 shares after completing the transaction at $176.35 per share. On Mar 08 ’24, another insider, GUTHRIE JOHN T, who serves as the EVP, CFO and Assistant Sec. of the company, sold 3,000 shares for $180.00 each. As a result, the insider received 540,000 and left with 15,467 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 6484671488 and an Enterprise Value of 7852498432. As of this moment, SiteOne’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.85, and their Forward P/E ratio for the next fiscal year is 28.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 4.35. Its current Enterprise Value per Revenue stands at 1.826 whereas that against EBITDA is 20.476.
Stock Price History:
The Beta on a monthly basis for SITE is 1.54, which has changed by -0.06465489 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 -15.66%, while the 200-Day Moving Average is calculated to be -9.39%.
Shares Statistics:
It appears that SITE traded 315.69K shares on average per day over the past three months and 390900 shares per day over the past ten days. A total of 45.08M shares are outstanding, with a floating share count of 44.42M. Insiders hold about 1.59% of the company’s shares, while institutions hold 104.43% stake in the company. Shares short for SITE as of 1713139200 were 2502259 with a Short Ratio of 7.93, compared to 1710460800 on 2567456. Therefore, it implies a Short% of Shares Outstanding of 2502259 and a Short% of Float of 6.36.
Earnings Estimates
The performance of SiteOne Landscape Supply Inc (SITE) in the stock market is under the watchful eye of 9.0 analysts actively contributing to its current rating.On average, analysts expect EPS of -$0.26 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.35, while EPS last year was -$0.1. The consensus estimate for the next quarter is $2.8, with high estimates of $2.93 and low estimates of $2.56.
Analysts are recommending an EPS of between $4.68 and $3.53 for the fiscal current year, implying an average EPS of $4.13. EPS for the following year is $4.85, with 8.0 analysts recommending between $5.47 and $4.07.
Revenue Estimates
In the current quarter, 9 analysts expect revenue to total $864.33M. It ranges from a high estimate of $899M to a low estimate of $820.4M. As of the current estimate, SiteOne Landscape Supply Inc’s year-ago sales were $837.4MFor the next quarter, 9 analysts are estimating revenue of $1.43B. There is a high estimate of $1.46B for the next quarter, whereas the lowest estimate is $1.42B.
A total of 9 analysts have provided revenue estimates for SITE’s current fiscal year. The highest revenue estimate was $4.62B, while the lowest revenue estimate was $4.49B, resulting in an average revenue estimate of $4.55B. In the same quarter a year ago, actual revenue was $4.3BBased on 8 analysts’ estimates, the company’s revenue will be $4.77B in the next fiscal year. The high estimate is $5.05B and the low estimate is $4.62B.
