William Blair Analysts Reduce Earnings Estimates for SITE

SiteOne Landscape Supply, Inc. (NYSE:SITE – Free Report) – Analysts at William Blair lowered their Q4 2024 earnings per share (EPS) estimates for SiteOne Landscape Supply in a note issued to investors on Wednesday, October 30th. William Blair analyst R. Merkel now expects that the industrial products company will earn ($0.32) per share for the [...]

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SiteOne Landscape Supply, Inc. ( NYSE:SITE – Free Report ) – Analysts at William Blair lowered their Q4 2024 earnings per share (EPS) estimates for SiteOne Landscape Supply in a note issued to investors on Wednesday, October 30th. William Blair analyst R.

Merkel now expects that the industrial products company will earn ($0.32) per share for the quarter, down from their previous estimate of ($0.10).



The consensus estimate for SiteOne Landscape Supply’s current full-year earnings is $3.06 per share. William Blair also issued estimates for SiteOne Landscape Supply’s Q1 2025 earnings at ($0.

50) EPS, Q4 2025 earnings at ($0.03) EPS and FY2025 earnings at $4.18 EPS.

A number of other analysts have also recently weighed in on the stock. StockNews.com cut shares of SiteOne Landscape Supply from a “hold” rating to a “sell” rating in a research note on Saturday, August 10th.

UBS Group decreased their price target on SiteOne Landscape Supply from $190.00 to $185.00 and set a “buy” rating on the stock in a research note on Tuesday, July 9th.

Robert W. Baird increased their price objective on SiteOne Landscape Supply from $168.00 to $183.

00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. Jefferies Financial Group lowered their target price 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. Finally, Barclays boosted their price target on shares of SiteOne Landscape Supply from $114.00 to $120.

00 and gave the company an “underweight” rating in a research report on Thursday, October 31st. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $147.

80. SiteOne Landscape Supply Trading Up 1.2 % Shares of SITE opened at $147.

75 on Monday. The firm has a market capitalization of $6.67 billion, a price-to-earnings ratio of 47.

82 and a beta of 1.53. The company has a quick ratio of 1.

16, a current ratio of 2.53 and a debt-to-equity ratio of 0.31.

SiteOne Landscape Supply has a 12-month low of $114.60 and a 12-month high of $188.01.

The stock’s 50-day moving average price is $143.56 and its 200 day moving average price is $141.46.

SiteOne Landscape Supply ( NYSE:SITE – Get Free Report ) last posted its quarterly earnings results on Wednesday, October 30th. The industrial products company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.

18 by ($0.21). The company had revenue of $1.

21 billion during the quarter, compared to analyst estimates of $1.19 billion. SiteOne Landscape Supply had a return on equity of 9.

21% and a net margin of 3.16%. The business’s revenue for the quarter was up 5.

6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.25 earnings per share.

Hedge Funds Weigh In On SiteOne Landscape Supply Several large investors have recently bought and sold shares of the business. Toronto Dominion Bank bought a new stake in SiteOne Landscape Supply in the first quarter valued at approximately $29,000. Whittier Trust Co.

of Nevada Inc. acquired a new position in shares of SiteOne Landscape Supply in the second quarter valued at approximately $27,000. Blue Trust Inc.

increased its position in shares of SiteOne Landscape Supply by 287.7% during the third quarter. Blue Trust Inc.

now owns 252 shares of the industrial products company’s stock worth $38,000 after acquiring an additional 187 shares in the last quarter. American National Bank & Trust acquired a new position in SiteOne Landscape Supply in the 3rd quarter worth $49,000. Finally, Eagle Bay Advisors LLC raised its position in SiteOne Landscape Supply by 126.

9% in the 3rd quarter. Eagle Bay Advisors LLC now owns 497 shares of the industrial products company’s stock valued at $75,000 after buying an additional 278 shares during the last quarter. SiteOne Landscape Supply Company Profile ( Get Free Report ) 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. See Also Receive News & Ratings for SiteOne Landscape Supply Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SiteOne Landscape Supply and related companies with MarketBeat.com's FREE daily email newsletter .

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