Analyst Landscape: 10 Opinions on SiteOne Landscape Supply – SiteOne Landscape Supply (NYSE:SITE)

Analyst Landscape: 10 Opinions on SiteOne Landscape Supply – SiteOne Landscape Supply (NYSE:SITE)

Over the last three months, 10 analysts have shared their reviews of SiteOne Landscape Supply AREAIt presents various outlooks ranging from rise to fall.

The table below summarizes their latest ratings, providing a glimpse into changing sentiment over the past 30 days and comparing them to previous months.

Bull A little bit of bull Indifferent A Little Bear Bear
Total Points 5 one 2 2 0
Last 30D 0 0 one 0 0
1M Ago one 0 one 0 0
2M Ago 2 one 0 one 0
3M First 2 0 0 one 0

The 12-month price targets analyzed by analysts offer insights with an average target of $153.5, a high estimate of $185.00, and a low estimate of $125.00. A negative change in sentiment is evident as analysts have lowered the average price target by 8.58%.

Interpreting Analyst Ratings: A Closer Look

A comprehensive review of how financial experts perceive SiteOne Landscape Supply is derived from recent analyst actions. Below is a detailed summary of key analysts, their recent evaluations, and adjustments to their ratings and price targets.

Analyst Analyst Firm Action Taken Evaluation Current Price Target Previous Price Target
Stephen Volkmann jeffery It lowers To hold $125.00 $160.00
Damian Karas UBS It lowers To buy $185.00 $190.00
Jeffrey Stevenson Cycle Capital It lowers To hold $140.00 $155.00
W. Andrew Carter Suppress It lowers To buy $150.00 $165.00
Keith Hughes Truist Securities It lowers To buy $158.00 $175.00
Matthew Buley Barclays It lowers Weak $129.00 $133.00
David Manthey Slope It lowers Superior performance $175.00 $185.00
Matthew Buley Barclays It lowers Weak $133.00 $145.00
Keith Hughes Truist Securities It lowers To buy $175.00 $204.00
W. Andrew Carter Suppress It lowers To buy $165.00 $167.00

Basic knowledge:

  • Action Taken: Analysts respond to changes in market conditions and company performance, and frequently update their recommendations. Their stance of ‘Hold,’ ‘Upgrade,’ or ‘Downgrade’ reflects their reaction to recent developments regarding SiteOne Landscape Supply. This information provides a snapshot of how analysts perceive the company’s current health.
  • Evaluation: Analysts assign qualitative ratings to stocks, ranging from ‘Outperform’ to ‘Underperform.’ These ratings convey analysts’ expectations of SiteOne Landscape Supply’s relative performance compared to the broader market.
  • Price Targets: Analysts provide estimates of the future value of SiteOne Landscape Supply’s stock, providing insight into price targets. This comparison reveals trends in analyst expectations over time.

Evaluating these analyst ratings along with critical financial indicators can provide a comprehensive overview of SiteOne Landscape Supply’s market position. Stay informed and make well-considered decisions with the help of our Ratings Table.

Stay up to date on SiteOne Landscape Supply analyst ratings.

Get to Know SiteOne Landscape Supply Better

SiteOne Landscape Supply Inc. is a supplier of tools and equipment. The company serves a variety of businesses including wholesale irrigation, outdoor lighting, nursery, landscape supplies, grass seeds and fertilizers, turf protection products, lawn care equipment, and golf course accessories primarily for green industry professionals in the United States and Canada. Its product portfolio includes irrigation supplies, fertilizers and herbicides, landscape accessories, nursery products, natural stones and blocks, outdoor lighting and de-icing products, and other products.

Key Indicators: Financial Health of SiteOne Landscape Supply

Market capitalization: With its limited market capitalization, the company is positioned below industry averages, reflecting its smaller scale compared to its peers.

Positive Income Trend: Examining SiteOne Landscape Supply’s 3-month financials reveals a positive narrative. The company has achieved a remarkable revenue growth rate 8.05% It exhibits significant top-line earnings growth as of March 31, 2024. Compared to its industry peers, the company stands out with a higher-than-average growth rate among its Industrials sector peers.

Net Profit Margin: SiteOne Landscape Supply’s net profit margin lags behind industry averages, indicating challenges in maintaining strong profitability. With net profit margin -2.13%, The company may face obstacles to effective cost management.

Return on Equity (ROE): SiteOne Landscape Supply’s ROE lags behind industry averages, indicating challenges in maximizing returns on equity. -1.3%, The company may face obstacles in achieving optimum financial performance.

Return on Assets (ROA): SiteOne Landscape Supply’s ROA is below industry averages, indicating potential difficulties in using assets efficiently. -0.66%, The company may face obstacles in achieving optimum financial returns.

Debt management: SiteOne Landscape Supply’s debt-to-equity ratio is below the industry average. 0.64The company is becoming less reliant on debt financing and maintaining a healthier balance between debt and equity, which is being viewed positively by investors.

The Basics of Analyst Ratings

Analysts are banking and financial systems professionals who typically report on specific stocks or defined sectors. They research company financials, participate in conference calls and meetings, and interview relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts rate each stock quarterly.

Analysts can supplement their ratings with estimates for metrics such as growth estimates, earnings and revenue, giving investors a more comprehensive view. However, investors should remember that analysts, just like other people, have subjective perspectives that influence their estimates.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.