Research Analysts Set Expectations for SITE Q2 Earnings

SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) - Research analysts at William Blair upped their Q2 2025 earnings per share estimates for shares of SiteOne Landscape Supply in a research note issued on Wednesday, October 30th. William Blair analyst R. Merkel now forecasts that the industrial products company will earn $3.30 per share for the quarter, up from their previous estimate of $2.99. The consensus estimate for SiteOne Landscape Supply's current full-year earnings is $3.21 per share. William Blair also issued estimates for SiteOne Landscape Supply's Q3 2025 earnings at $1.42 EPS and FY2026 earnings at $4.93 EPS.

Several other brokerages also recently commented on SITE. Truist Financial lifted their target price on SiteOne Landscape Supply from $158.00 to $165.00 and gave the stock a "buy" rating in a research note on Thursday, August 1st. Jefferies Financial Group decreased their price objective on shares of SiteOne Landscape Supply from $160.00 to $125.00 and set a "hold" rating on the stock in a report on Thursday, July 11th. StockNews.com cut shares of SiteOne Landscape Supply from a "hold" rating to a "sell" rating in a research note on Saturday, August 10th. The Goldman Sachs Group began coverage on shares of SiteOne Landscape Supply in a report on Thursday, October 10th. They set a "neutral" rating and a $158.00 target price for the company. Finally, UBS Group lowered their price target on shares of SiteOne Landscape Supply from $190.00 to $185.00 and set a "buy" rating on the stock in a report on Tuesday, July 9th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $147.80.

SiteOne Landscape Supply Stock Performance

NYSE SITE traded up $2.22 during trading on Friday, reaching $141.96. 525,949 shares of the company's stock were exchanged, compared to its average volume of 365,578. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.47 and a quick ratio of 1.10. The business has a 50 day moving average price of $143.44 and a 200-day moving average price of $142.06. The stock has a market capitalization of $6.41 billion, a P/E ratio of 46.03 and a beta of 1.53. SiteOne Landscape Supply has a fifty-two week low of $114.60 and a fifty-two week high of $188.01.

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.21). SiteOne Landscape Supply had a return on equity of 9.38% and a net margin of 3.16%. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the prior year, the firm earned $1.25 earnings per share. The firm's revenue for the quarter was up 5.6% on a year-over-year basis.

Insider Activity

In other news, Director Fred M. Diaz sold 878 shares of the stock in a transaction on Monday, August 5th. The stock was sold at an average price of $129.04, for a total transaction of $113,297.12. Following the sale, the director now directly owns 11,267 shares of the company's stock, valued at approximately $1,453,893.68. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.70% of the stock is owned by company insiders.

Institutional Trading of SiteOne Landscape Supply

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Cetera Advisors LLC acquired a new position in SiteOne Landscape Supply during the first quarter valued at approximately $708,000. Picton Mahoney Asset Management raised its holdings in shares of SiteOne Landscape Supply by 3,279.9% during the 1st quarter. Picton Mahoney Asset Management now owns 24,842 shares of the industrial products company's stock worth $4,337,000 after buying an additional 24,107 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of SiteOne Landscape Supply by 54.7% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 22,151 shares of the industrial products company's stock worth $3,866,000 after buying an additional 7,829 shares during the last quarter. Swedbank AB acquired a new stake in SiteOne Landscape Supply in the first quarter valued at about $16,757,000. Finally, Cetera Investment Advisers grew its position in SiteOne Landscape Supply by 143.8% in the first quarter. Cetera Investment Advisers now owns 12,281 shares of the industrial products company's stock valued at $2,144,000 after acquiring an additional 7,244 shares during the last quarter.

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.