SiteOne Landscape Supply Inc (NYSE:SITE) EVP L Briley Brisendine, Jr. sold 1,600 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $72.02, for a total value of $115,232.00. Following the sale, the executive vice president now directly owns 33,861 shares of the company’s stock, valued at $2,438,669.22. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Shares of SiteOne Landscape Supply Inc (NYSE:SITE) opened at $74.46 on Tuesday. The company has a debt-to-equity ratio of 2.35, a current ratio of 2.69 and a quick ratio of 1.21. The company has a market capitalization of $2,960.00 and a PE ratio of 54.35. SiteOne Landscape Supply Inc has a 52 week low of $38.95 and a 52 week high of $80.56.
SiteOne Landscape Supply (NYSE:SITE) last announced its quarterly earnings results on Tuesday, February 20th. The industrial products company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.05. The company had revenue of $415.70 million during the quarter, compared to analysts’ expectations of $410.38 million. SiteOne Landscape Supply had a return on equity of 28.96% and a net margin of 2.93%. SiteOne Landscape Supply’s revenue was up 14.9% on a year-over-year basis. During the same period in the prior year, the business posted ($0.14) EPS. sell-side analysts predict that SiteOne Landscape Supply Inc will post 1.9 earnings per share for the current year.
Several brokerages have weighed in on SITE. Royal Bank of Canada set a $85.00 price objective on SiteOne Landscape Supply and gave the stock a “buy” rating in a report on Wednesday, February 14th. UBS Group upped their price target on SiteOne Landscape Supply from $54.00 to $66.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Zacks Investment Research cut SiteOne Landscape Supply from a “hold” rating to a “sell” rating in a research note on Wednesday, January 17th. SunTrust Banks upped their price target on SiteOne Landscape Supply to $89.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. Finally, Barclays reaffirmed an “equal weight” rating and issued a $67.00 price target (up from $65.00) on shares of SiteOne Landscape Supply in a research note on Wednesday, February 21st. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $74.33.
SiteOne Landscape Supply Company Profile
SiteOne Landscape Supply, Inc is a national wholesale distributor of landscape supplies in the United States and Canada. The Company is a supplier of irrigation, landscape lighting, hardscapes, lawn care supplies, nursery stock, and landscape accessories to green industry professionals. As of October 2, 2016, the Company had over 450 stores.
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.