Is SiteOne Landscape Stock a Good Investment?
SiteOne Landscape Investment Advice | SITE |
- Examine SiteOne Landscape's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research SiteOne Landscape's leadership team and their track record. Good management can help SiteOne Landscape navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Trading Companies & Distributors space and any emerging trends that could impact SiteOne Landscape's business and its evolving consumer preferences.
- Compare SiteOne Landscape's performance and market position to its competitors. Analyze how SiteOne Landscape is positioned in terms of product offerings, innovation, and market share.
- Check if SiteOne Landscape pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about SiteOne Landscape's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in SiteOne Landscape Supply stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if SiteOne Landscape Supply is a good investment.
Sell | Buy |
Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine SiteOne Landscape Stock
Researching SiteOne Landscape's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are owned by institutional investors. The book value of SiteOne Landscape was at this time reported as 35.98. The company has Price/Earnings To Growth (PEG) ratio of 2.52. SiteOne Landscape Supply had not issued any dividends in recent years.
To determine if SiteOne Landscape is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding SiteOne Landscape's research are outlined below:
| SiteOne Landscape has a strong financial position based on the latest SEC filings | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Disposition of 10000 shares by Doug Black of SiteOne Landscape at 162.1 subject to Rule 16b-3 |
SiteOne Landscape Quarterly Good Will |
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SiteOne Landscape uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in SiteOne Landscape Supply. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to SiteOne Landscape's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact SiteOne Landscape's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises SiteOne Landscape's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2016-05-11 | 2016-03-31 | -0.1396 | -0.116 | 0.0236 | 16 | ||
2017-03-15 | 2016-12-31 | -0.08 | -0.14 | -0.06 | 75 | ||
2016-11-07 | 2016-09-30 | 0.44 | 0.36 | -0.08 | 18 | ||
2024-02-14 | 2023-12-31 | -0.18 | -0.08 | 0.1 | 55 | ||
2019-02-19 | 2018-12-31 | -0.07 | 0.03 | 0.1 | 142 | ||
2018-05-02 | 2018-03-31 | -0.28 | -0.38 | -0.1 | 35 | ||
2019-10-30 | 2019-09-30 | 0.76 | 0.87 | 0.11 | 14 | ||
2018-02-20 | 2017-12-31 | -0.04 | 0.09 | 0.13 | 325 |
SiteOne Landscape Target Price Consensus
SiteOne target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. SiteOne Landscape's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 10 | Buy |
Most SiteOne analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand SiteOne stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of SiteOne Landscape Supply, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationSiteOne Landscape Target Price Projection
SiteOne Landscape's current and average target prices are 148.24 and 157.22, respectively. The current price of SiteOne Landscape is the price at which SiteOne Landscape Supply is currently trading. On the other hand, SiteOne Landscape's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
SiteOne Landscape Market Quote on 24th of January 2025
Target Price
Analyst Consensus On SiteOne Landscape Target Price
SiteOne Landscape Analyst Ratings
SiteOne Landscape's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about SiteOne Landscape stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of SiteOne Landscape's financials, market performance, and future outlook by experienced professionals. SiteOne Landscape's historical ratings below, therefore, can serve as a valuable tool for investors.Know SiteOne Landscape's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as SiteOne Landscape is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading SiteOne Landscape Supply backward and forwards among themselves. SiteOne Landscape's institutional investor refers to the entity that pools money to purchase SiteOne Landscape's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Allianz Asset Management Ag | 2024-09-30 | 765.1 K | Df Dent & Co Inc | 2024-09-30 | 747.9 K | Geode Capital Management, Llc | 2024-09-30 | 718 K | Geneva Capital Management | 2024-09-30 | 626.1 K | Capital World Investors | 2024-09-30 | 614.9 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 603.9 K | Neuberger Berman Group Llc | 2024-09-30 | 587.8 K | Gw&k Investment Management, Llc | 2024-09-30 | 578.9 K | Ameriprise Financial Inc | 2024-09-30 | 564.4 K | T. Rowe Price Associates, Inc. | 2024-09-30 | 5.7 M | Vanguard Group Inc | 2024-09-30 | 4.1 M |
SiteOne Landscape's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.64 B.Market Cap |
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SiteOne Landscape's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.07 | |
| Return On Capital Employed | 0.11 | 0.10 | |
| Return On Assets | 0.06 | 0.05 | |
| Return On Equity | 0.13 | 0.21 |
Determining SiteOne Landscape's profitability involves analyzing its financial statements and using various financial metrics to determine if SiteOne Landscape is a good buy. For example, gross profit margin measures SiteOne Landscape's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of SiteOne Landscape's profitability and make more informed investment decisions.
Please note, the presentation of SiteOne Landscape's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SiteOne Landscape's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of SiteOne Landscape's management manipulating its earnings.
Evaluate SiteOne Landscape's management efficiency
SiteOne Landscape Supply has return on total asset (ROA) of 0.0452 % which means that it generated a profit of $0.0452 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0908 %, meaning that it created $0.0908 on every $100 dollars invested by stockholders. SiteOne Landscape's management efficiency ratios could be used to measure how well SiteOne Landscape manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.21, whereas Return On Tangible Assets are forecasted to decline to 0.07. At present, SiteOne Landscape's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 742.6 M, whereas Other Current Assets are forecasted to decline to about 36.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 29.65 | 31.13 | |
| Tangible Book Value Per Share | 14.36 | 15.08 | |
| Enterprise Value Over EBITDA | 19.31 | 14.22 | |
| Price Book Value Ratio | 4.44 | 5.22 | |
| Enterprise Value Multiple | 19.31 | 14.22 | |
| Price Fair Value | 4.44 | 5.22 | |
| Enterprise Value | 7.3 B | 7.7 B |
Understanding the operational decisions made by SiteOne Landscape management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 1.535 |
Basic technical analysis of SiteOne Stock
As of the 24th of January, SiteOne Landscape has the Risk Adjusted Performance of 0.0182, semi deviation of 2.0, and Coefficient Of Variation of 6960.32. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SiteOne Landscape Supply, as well as the relationship between them. Please validate SiteOne Landscape Supply jensen alpha and downside variance to decide if SiteOne Landscape is priced more or less accurately, providing market reflects its prevalent price of 148.24 per share. Given that SiteOne Landscape Supply has jensen alpha of (0.0005), we advise you to double-check SiteOne Landscape Supply's current market performance to make sure the company can sustain itself at a future point.SiteOne Landscape's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific SiteOne Landscape insiders, such as employees or executives, is commonly permitted as long as it does not rely on SiteOne Landscape's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases SiteOne Landscape insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
SiteOne Landscape's Outstanding Corporate Bonds
SiteOne Landscape issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. SiteOne Landscape Supply uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most SiteOne bonds can be classified according to their maturity, which is the date when SiteOne Landscape Supply has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand SiteOne Landscape's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing SiteOne Landscape's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0182 | |||
| Market Risk Adjusted Performance | 0.0472 | |||
| Mean Deviation | 1.69 | |||
| Semi Deviation | 2.0 | |||
| Downside Deviation | 2.04 | |||
| Coefficient Of Variation | 6960.32 | |||
| Standard Deviation | 2.13 | |||
| Variance | 4.54 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.0005) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0372 | |||
| Maximum Drawdown | 9.36 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 3.78 | |||
| Downside Variance | 4.14 | |||
| Semi Variance | 3.99 | |||
| Expected Short fall | (1.83) | |||
| Skewness | 0.0973 | |||
| Kurtosis | (0.01) |
| Risk Adjusted Performance | 0.0182 | |||
| Market Risk Adjusted Performance | 0.0472 | |||
| Mean Deviation | 1.69 | |||
| Semi Deviation | 2.0 | |||
| Downside Deviation | 2.04 | |||
| Coefficient Of Variation | 6960.32 | |||
| Standard Deviation | 2.13 | |||
| Variance | 4.54 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.0005) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0372 | |||
| Maximum Drawdown | 9.36 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 3.78 | |||
| Downside Variance | 4.14 | |||
| Semi Variance | 3.99 | |||
| Expected Short fall | (1.83) | |||
| Skewness | 0.0973 | |||
| Kurtosis | (0.01) |
Consider SiteOne Landscape's intraday indicators
SiteOne Landscape intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of SiteOne Landscape stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
SiteOne Landscape Corporate Filings
F4 | 22nd of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 13th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 30th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
SiteOne Stock media impact
Far too much social signal, news, headlines, and media speculation about SiteOne Landscape that are available to investors today. That information is available publicly through SiteOne media outlets and privately through word of mouth or via SiteOne internal channels. However, regardless of the origin, that massive amount of SiteOne data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of SiteOne Landscape news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of SiteOne Landscape relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to SiteOne Landscape's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive SiteOne Landscape alpha.
SiteOne Landscape Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards SiteOne Landscape can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
SiteOne Landscape Supply Historical Investor Sentiment
Investor biases related to SiteOne Landscape's public news can be used to forecast risks associated with an investment in SiteOne. The trend in average sentiment can be used to explain how an investor holding SiteOne can time the market purely based on public headlines and social activities around SiteOne Landscape Supply. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SiteOne Landscape's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SiteOne Landscape and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average SiteOne Landscape news discussions. The higher the estimate score, the more favorable the investor's outlook on SiteOne Landscape.
SiteOne Landscape Corporate Directors
| Fred Diaz | Independent Director | Profile | |
| Jack Wyszomierski | Independent Director | Profile | |
| William Douglas | Lead Independent Director | Profile | |
| Larisa Drake | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SiteOne Landscape Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SiteOne Landscape. If investors know SiteOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SiteOne Landscape listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.22) | Earnings Share 3.11 | Revenue Per Share | Quarterly Revenue Growth 0.056 | Return On Assets |
The market value of SiteOne Landscape Supply is measured differently than its book value, which is the value of SiteOne that is recorded on the company's balance sheet. Investors also form their own opinion of SiteOne Landscape's value that differs from its market value or its book value, called intrinsic value, which is SiteOne Landscape's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SiteOne Landscape's market value can be influenced by many factors that don't directly affect SiteOne Landscape's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between SiteOne Landscape's value and its price, as these two are different measures arrived at by various means. Investors typically determine if SiteOne Landscape is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SiteOne Landscape's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.