SiteOne Landscape Supply Inc (NYSE:SITE) EVP Ross Anker sold 6,080 shares of the firm’s stock in a transaction on Thursday, March 15th. The shares were sold at an average price of $73.03, for a total value of $444,022.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Ross Anker also recently made the following trade(s):
- On Thursday, February 15th, Ross Anker sold 6,080 shares of SiteOne Landscape Supply stock. The stock was sold at an average price of $77.19, for a total value of $469,315.20.
- On Tuesday, January 16th, Ross Anker sold 6,080 shares of SiteOne Landscape Supply stock. The stock was sold at an average price of $71.38, for a total value of $433,990.40.
Shares of NYSE SITE traded up $0.59 during midday trading on Thursday, reaching $76.77. 222,825 shares of the company were exchanged, compared to its average volume of 281,752. The company has a quick ratio of 1.28, a current ratio of 2.92 and a debt-to-equity ratio of 2.19. SiteOne Landscape Supply Inc has a 1 year low of $46.00 and a 1 year high of $80.56. The firm has a market cap of $3,089.93, a P/E ratio of 63.45 and a beta of 1.32.
SiteOne Landscape Supply (NYSE:SITE) last released its quarterly earnings results on Tuesday, February 20th. The industrial products company reported $0.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.05. SiteOne Landscape Supply had a return on equity of 27.59% and a net margin of 2.93%. The firm had revenue of $415.70 million for the quarter, compared to analyst estimates of $410.38 million. During the same quarter last year, the company posted ($0.14) earnings per share. The business’s revenue was up 14.9% on a year-over-year basis. analysts anticipate that SiteOne Landscape Supply Inc will post 1.9 earnings per share for the current year.
Several brokerages have issued reports 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 lowered SiteOne Landscape Supply from a “neutral” rating to a “sell” rating and set a $72.00 price objective on the stock. in a report on Monday, January 22nd. They noted that the move was a valuation call. William Blair raised SiteOne Landscape Supply from a “market perform” rating to an “outperform” rating in a report on Friday, January 26th. Barclays reaffirmed an “equal weight” rating and set a $67.00 price objective (up previously from $65.00) on shares of SiteOne Landscape Supply in a report on Wednesday, February 21st. Finally, SunTrust Banks raised their price objective on SiteOne Landscape Supply to $89.00 and gave the stock a “buy” rating in a report on Wednesday, February 21st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $74.67.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in SITE. We Are One Seven LLC purchased a new position in shares of SiteOne Landscape Supply during the fourth quarter worth about $156,000. Catalyst Capital Advisors LLC acquired a new stake in SiteOne Landscape Supply in the fourth quarter valued at about $161,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in SiteOne Landscape Supply by 57.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,305 shares of the industrial products company’s stock valued at $177,000 after purchasing an additional 843 shares during the period. First Allied Advisory Services Inc. acquired a new stake in SiteOne Landscape Supply in the fourth quarter valued at about $204,000. Finally, Prudential Financial Inc. acquired a new stake in SiteOne Landscape Supply in the third quarter valued at about $205,000.
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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.
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