SiteOne Landscape Supply (SITE) Receives Daily News Sentiment Rating of 0.00

News stories about SiteOne Landscape Supply (NYSE:SITE) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SiteOne Landscape Supply earned a news sentiment score of 0.00 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 45.8673596933611 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

SITE has been the subject of several analyst reports. UBS boosted their target price on SiteOne Landscape Supply from $54.00 to $66.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Royal Bank of Canada upped their price objective on SiteOne Landscape Supply from $63.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 4th. Zacks Investment Research cut SiteOne Landscape Supply from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th. BidaskClub raised SiteOne Landscape Supply from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 21st. Finally, SunTrust Banks upped their target price on SiteOne Landscape Supply to $70.00 and gave the company a “buy” rating in a research report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. SiteOne Landscape Supply currently has an average rating of “Buy” and a consensus target price of $66.00.

SiteOne Landscape Supply (NYSE:SITE) opened at $71.82 on Monday. The stock has a market capitalization of $2,855.54, a P/E ratio of 66.49 and a beta of 2.64. SiteOne Landscape Supply has a one year low of $32.82 and a one year high of $75.66. The company has a debt-to-equity ratio of 2.35, a quick ratio of 1.21 and a current ratio of 2.69.

SiteOne Landscape Supply (NYSE:SITE) last released its quarterly earnings data on Wednesday, November 8th. The industrial products company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.14). SiteOne Landscape Supply had a net margin of 2.49% and a return on equity of 26.42%. The firm had revenue of $502.40 million during the quarter, compared to analysts’ expectations of $506.28 million. During the same period in the previous year, the business earned $0.36 earnings per share. The business’s revenue for the quarter was up 13.0% on a year-over-year basis. research analysts anticipate that SiteOne Landscape Supply will post 1.23 earnings per share for the current year.

In other news, EVP Ross Anker sold 41,824 shares of the firm’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $69.09, for a total transaction of $2,889,620.16. Following the sale, the executive vice president now owns 88,881 shares in the company, valued at $6,140,788.29. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Pascal Convers sold 9,750 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $74.25, for a total value of $723,937.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 94,887 shares of company stock worth $6,704,265. 4.00% of the stock is owned by insiders.

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About SiteOne Landscape Supply

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.

Insider Buying and Selling by Quarter for SiteOne Landscape Supply (NYSE:SITE)

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