William Blair Issues Negative Forecast for SITE Earnings

SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) - Equities researchers at William Blair cut their Q3 2025 EPS estimates for shares of SiteOne Landscape Supply in a research note issued to investors on Wednesday, February 12th. William Blair analyst R. Merkel now forecasts that the industrial products company will post earnings of $1.41 per share for the quarter, down from their prior forecast of $1.42. The consensus estimate for SiteOne Landscape Supply's current full-year earnings is $2.94 per share. William Blair also issued estimates for SiteOne Landscape Supply's FY2025 earnings at $3.89 EPS and FY2026 earnings at $4.69 EPS.

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) last released its earnings results on Wednesday, February 12th. The industrial products company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.26) by ($0.22). SiteOne Landscape Supply had a net margin of 3.16% and a return on equity of 9.21%.

SITE has been the subject of a number of other research reports. UBS Group decreased their price target on shares of SiteOne Landscape Supply from $185.00 to $182.00 and set a "buy" rating for the company in a research note on Thursday, February 13th. Royal Bank of Canada boosted their price target on shares of SiteOne Landscape Supply from $129.00 to $136.00 and gave the company a "sector perform" rating in a research note on Thursday, February 13th. Stifel Nicolaus restated a "hold" rating and set a $140.00 price target (down previously from $145.00) on shares of SiteOne Landscape Supply in a research note on Monday, February 10th. StockNews.com lowered shares of SiteOne Landscape Supply from a "hold" rating to a "sell" rating in a research note on Thursday, February 13th. Finally, Robert W. Baird decreased their price target on shares of SiteOne Landscape Supply from $183.00 to $175.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, SiteOne Landscape Supply currently has an average rating of "Hold" and an average target price of $154.56.

SiteOne Landscape Supply Stock Down 1.8 %

Shares of SiteOne Landscape Supply stock traded down $2.62 during trading on Friday, reaching $143.48. 385,151 shares of the company traded hands, compared to its average volume of 376,256. 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. The company has a 50 day moving average price of $137.93 and a 200-day moving average price of $141.48. The firm has a market capitalization of $6.47 billion, a PE ratio of 46.43 and a beta of 1.57.

Hedge Funds Weigh In On SiteOne Landscape Supply

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC boosted its holdings in shares of SiteOne Landscape Supply by 71.2% in the 3rd quarter. Barclays PLC now owns 48,398 shares of the industrial products company's stock worth $7,304,000 after buying an additional 20,134 shares during the last quarter. Holocene Advisors LP boosted its holdings in shares of SiteOne Landscape Supply by 38.2% in the 3rd quarter. Holocene Advisors LP now owns 51,625 shares of the industrial products company's stock worth $7,791,000 after buying an additional 14,269 shares during the last quarter. Algert Global LLC boosted its holdings in shares of SiteOne Landscape Supply by 375.4% in the 3rd quarter. Algert Global LLC now owns 29,506 shares of the industrial products company's stock worth $4,453,000 after buying an additional 23,300 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in shares of SiteOne Landscape Supply by 36.5% in the 3rd quarter. Janus Henderson Group PLC now owns 49,784 shares of the industrial products company's stock worth $7,512,000 after buying an additional 13,314 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of SiteOne Landscape Supply by 16.4% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 35,269 shares of the industrial products company's stock worth $5,322,000 after buying an additional 4,970 shares during the last quarter.

Insider Transactions 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 shares were sold at an average price of $142.20, for a total value of $924,300.00. Following the transaction, the executive vice president now directly owns 12,942 shares of the company's stock, valued at approximately $1,840,352.40. The trade was a 33.43 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.70% of the company's stock.

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.