SiteOne Landscape Supply (SITE) to Release Quarterly Earnings on Tuesday

SiteOne Landscape Supply (NYSE:SITE) will be announcing its earnings results before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter.

SiteOne Landscape Supply (NYSE:SITE) opened at $78.74 on Friday. SiteOne Landscape Supply has a twelve month low of $38.46 and a twelve month high of $79.92. The stock has a market capitalization of $3,106.27, a PE ratio of 72.91 and a beta of 1.42. The company has a current ratio of 2.69, a quick ratio of 1.21 and a debt-to-equity ratio of 2.35.

In other SiteOne Landscape Supply news, EVP Ross Anker sold 6,080 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $77.19, for a total transaction of $469,315.20. Following the transaction, the executive vice president now owns 34,040 shares in the company, valued at approximately $2,627,547.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John T. Guthrie sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $70.91, for a total value of $1,418,200.00. Following the transaction, the chief financial officer now owns 57,854 shares in the company, valued at approximately $4,102,427.14. The disclosure for this sale can be found here. Insiders have sold a total of 65,223 shares of company stock worth $4,717,951 in the last quarter. Company insiders own 4.00% of the company’s stock.

A number of research analysts recently issued reports on SITE shares. Barclays set a $65.00 price target on SiteOne Landscape Supply and gave the company a “hold” rating in a report on Monday, January 8th. UBS Group boosted their price target on SiteOne Landscape Supply from $54.00 to $66.00 and gave the company a “buy” rating in a report on Friday, November 10th. Zacks Investment Research downgraded SiteOne Landscape Supply from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. SunTrust Banks boosted their price target on SiteOne Landscape Supply to $70.00 and gave the company a “buy” rating in a report on Thursday, November 9th. Finally, Royal Bank of Canada set a $85.00 price target on SiteOne Landscape Supply and gave the company a “buy” rating in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $71.00.

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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.

Earnings History for SiteOne Landscape Supply (NYSE:SITE)

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