SiteOne Landscape Supply (SITE)

• Market cap: $6.12B
• 1 day: 1.99%
• 5 days: -3.55%
• 1 month: -2.80%
• 3 months: -9.08%
• 6 months: 3.30%
• Year to date: -15.65%
• 1 year: -16.92%
• 5 years: 49.62%
• 10 years: 408.55%
• Sector: Industrials
• Industry: Professional & Commercial Equipment & Supplies

About: SiteOne Landscape Supply Inc is a supplier of tools and equipment. The company serves various businesses which include wholesale irrigation, outdoor lighting, nursery, landscape supplies, grass seeds, and fertilizers, turf protection products, turf care equipment, and golf course accessories for green industry professionals mainly in the United States and Canada. Its product portfolio includes irrigation supplies, fertilizer and herbicides, landscape accessories, nursery goods, natural stones and blocks, outdoor lighting and ice melt products and other products.

Employees: 7,800

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

541% more call options, than puts

Call options by funds: $5.7M | Put options by funds: $890K

400% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 5 (+4) [Q3]

26% more repeat investments, than reductions

Existing positions increased: 144 | Existing positions reduced: 114

25% more capital invested

Capital invested by funds: $5.65B [Q2] → $7.06B (+$1.41B) [Q3]

0.62% more ownership

Funds ownership: 102.9% [Q2] → 103.52% (+0.62%) [Q3]

2% less funds holding

Funds holding: 373 [Q2] → 365 (-8) [Q3]

14% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 58

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $120 12% downside
• Avg. target: $159 17% upside
• High target: $183 35% upside

4 analyst ratings

• positive: 2 50%
• neutral: 1 25%
• negative: 1 25%

Jefferies Stephen Volkmann 20% 1-year accuracy 2 / 10 met price target	29% upside $175	Buy Upgraded	6 Dec 2024
Barclays Matthew Bouley 34% 1-year accuracy 21 / 61 met price target	12% downside $120	Underweight Maintained	31 Oct 2024
Baird David Manthey 59% 1-year accuracy 22 / 37 met price target	35% upside $183	Outperform Maintained	16 Oct 2024
Goldman Sachs Charles Perron-Piche 0% 1-year accuracy 0 / 1 met price target	16% upside $158	Neutral Initiated	10 Oct 2024