SiteOne Landscape Supply (NYSE:SITE) Stock Rating Cut to Strong Sell at Zacks Research

SiteOne Landscape Supply (NYSE:SITE) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Tuesday, Zacks reports.

Several other research firms have also recently commented on SITE. Truist Financial dropped their target price on shares of SiteOne Landscape Supply from $200.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. William Blair reaffirmed a “market perform” rating on shares of SiteOne Landscape Supply in a report on Wednesday, October 7th. Royal Bank Of Canada decreased their price target on SiteOne Landscape Supply from $135.00 to $124.00 and set an “outperform” rating for the company in a research report on Wednesday, October 7th. KeyCorp dropped their price target on SiteOne Landscape Supply from $145.00 to $135.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Finally, Barclays cut their price objective on SiteOne Landscape Supply from $129.00 to $108.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, SiteOne Landscape Supply currently has an average rating of “Hold” and a consensus target price of $121.80.

SiteOne Landscape Supply Stock Performance

NYSE SITE opened at $104.06 on Tuesday. SiteOne Landscape Supply has a 1 year low of $82.00 and a 1 year high of $168.56. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.30 and a quick ratio of 1.01. The firm has a market cap of $4.54 billion, a price-to-earnings ratio of 28.51, a PEG ratio of 1.73 and a beta of 1.38. The company has a fifty day moving average price of $94.08 and a 200-day moving average price of $116.92.

SiteOne Landscape Supply (NYSE:SITE) last released its quarterly earnings results on Wednesday, October 28th. The industrial products company reported $1.46 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.46. SiteOne Landscape Supply had a net margin of 3.41% and a return on equity of 9.76%. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the firm earned $1.31 earnings per share. The firm’s revenue was up 2.6% on a year-over-year basis. As a group, equities research analysts predict that SiteOne Landscape Supply will post 3.71 EPS for the current fiscal year.

Insider Buying and Selling at SiteOne Landscape Supply

In related news, CEO Doug Black bought 8,000 shares of SiteOne Landscape Supply stock in a transaction dated Tuesday, August 4th. The stock was purchased at an average cost of $102.03 per share, with a total value of $816,240.00. Following the transaction, the chief executive officer directly owned 8,000 shares of the company’s stock, valued at approximately $816,240. The trade was a ? increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On SiteOne Landscape Supply

A number of hedge funds have recently modified their holdings of SITE. Bamco Inc. NY bought a new position in SiteOne Landscape Supply during the second quarter valued at $232,115,000. BlackRock Inc. bought a new stake in shares of SiteOne Landscape Supply in the second quarter valued at $221,355,000. Conestoga Capital Advisors LLC raised its stake in shares of SiteOne Landscape Supply by 2.9% in the first quarter. Conestoga Capital Advisors LLC now owns 1,106,701 shares of the industrial products company’s stock valued at $147,313,000 after buying an additional 31,684 shares during the period. Amundi lifted its position in shares of SiteOne Landscape Supply by 49.0% during the 2nd quarter. Amundi now owns 1,048,747 shares of the industrial products company’s stock valued at $120,043,000 after buying an additional 344,980 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of SiteOne Landscape Supply by 3.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 805,336 shares of the industrial products company’s stock valued at $107,191,000 after buying an additional 28,958 shares during the last quarter.

SiteOne Landscape Supply News Roundup

Here are the key news stories impacting SiteOne Landscape Supply this week:

• Positive Sentiment: Third-quarter adjusted EBITDA increased 8%, while adjusted EBITDA margin expanded by 60 basis points. Management characterized the results as solid despite soft market demand and a delayed fall season caused by hot, dry weather. SiteOne Announces Third Quarter 2026 Earnings
• Positive Sentiment: SiteOne reported third-quarter earnings of $1.46 per share, up from $1.31 a year earlier. This exceeded the $1.37 estimate cited by Zacks, although it matched the broader consensus estimate reported by other outlets. SiteOne Q3 Earnings and Revenues
• Positive Sentiment: The company increased its share-repurchase authorization by $500 million, potentially supporting earnings per share and signaling confidence in the company’s long-term cash-generation prospects. SiteOne Announces Share-Repurchase Increase
• Neutral Sentiment: Revenue rose 2.6% year over year to approximately $1.29 billion. The result was described as a beat against some estimates but fell short of the approximately $1.30 billion consensus cited by other reports, making the top-line performance mixed. SiteOne Q3 Earnings
• Negative Sentiment: Management acknowledged continued softness in underlying market demand and weather-related delays, risks that could restrain near-term sales growth and temper the positive impact of margin gains and buybacks. SiteOne Q3 2026 Earnings Call Transcript

SiteOne Landscape Supply Company Profile

SiteOne Landscape Supply, Inc (NYSE: SITE) is a wholesale distributor of landscape and outdoor living products in the United States and Canada. The company serves landscape professionals, irrigation contractors, golf course and sports-turf managers, nursery and greenhouse operators, and other customers in the green industry.

Its product offerings include irrigation and water-management systems, landscape lighting, nursery and greenhouse supplies, fertilizers and other agronomic products, turf-care equipment, hardscape materials, outdoor living products, and pest-control supplies.