WallStreetZenWallStreetZen

How to Buy Siteone Landscape Supply Stock

Siteone Landscape Supply Inc

Siteone Landscape Supply is a industrial distribution company located in Georgia, United States, which is part of the Industrials sector, and is traded under the ticker SITE on the NYSE exchange.

Siteone Landscape Supply stock last closed at $163.76, up 0.68% from the previous day, and has increased 14.73% in one year. It has underperformed other stocks in the Industrial Distribution industry by 0.17 percentage points. Siteone Landscape Supply stock is currently +40.19% from its 52-week low of $116.81, and -12.9% from its 52-week high of $188.01.

As of Apr 24, 2024, there are 45.14M SITE shares outstanding. The market capitalization of SITE is $7.39B. In the last 24 hours, 249,010 SITE shares were traded.

How to Buy Siteone Landscape Supply Stock

Not sure how to invest in Siteone Landscape Supply stock? Here's how.
  1. Decide where to buy Siteone Landscape Supply stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Siteone Landscape Supply stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Select your method of payment and add your info.
  4. Evaluate Siteone Landscape Supply stock: The Siteone Landscape Supply ticker symbol is SITE. Is Siteone Landscape Supply stock a good investment? Should you buy shares of SITE? How do SITE's underlying business fundamentals look? Do top analysts think Siteone Landscape Supply is a good buy? Why has SITE's stock price moved recently? (Hint: Our stock research website can help you understand if SITE is a good stock to buy).
  5. Make your SITE purchase: Decide if you will purchase SITE shares at the current market price or use a limit order to purchase SITE stock at a particular price.
  6. Keep tabs on your SITE position: Create a watchlist to important notifications about your investment in Siteone Landscape Supply shares.

Step 1: Decide where to buy Siteone Landscape Supply stock

You will need an online brokerage account to access the NYSE market and buy SITE shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best online stock brokerage. Here's why:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to world financial markets: From Tech to Financial Services, New York to Tokyo — you can fill your portfolio with stocks from the world's leading exchanges.
  • Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your stock purchase by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open a brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal details so you can buy SITE today.

How to Open a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal data to open your new brokerage account.
  1. Submit your data by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your investment account

Now that you have opened your account on the best stock investing app, your next step is to transfer the money for your investment:

Check out the video below for more details depositing money into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Siteone Landscape Supply stock

After you have selected the best place to buy Siteone Landscape Supply stock, it's crucial to evaluate their stock before you invest, so you can understand the risk and opportunity.

Siteone Landscape Supply stock data

SITE Price
$163.76
1w %
1.91%
1y %
14.73%
5y %
147.9%
P/E
42.65x
P/B
4.97x
P/S
1.72x
PEG
1.21x
Revenue
$4.30B
Earnings
$173.40M
Fore. Rev. Growth
6.33%
Fore. Earn. Growth
39.01%
Market Cap
$7.39B
Next Earnings
May 1, 2024
Next Dividend
N/A

Siteone Landscape Supply Zen Score

WallStreetZen was designed to help average investors do more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on SITE's stock page.

What is the fair value of SITE stock?

Analysts use many financial metrics, analyses, models, and charts to gauge SITE's true value.

Using relative valuations metrics:

  • SITE may be undervalued based on its P/E ratio of 42.65x, relative to Industrial Distribution industry P/E ratio of 495.16x
  • SITE could be undervalued based on its P/B ratio of 4.97x, relative to Industrial Distribution industry P/B ratio of 6.87x
  • SITE could be overvalued based on its PEG ratio of 1.21x

You can do more valuation research on SITE's stock here.

Is SITE a healthy company?

Positive Financial Indicators:

  • SITE's operating cash flow of $297.50M allows it to safely service it's debt of $861.40M.
  • There are more short-term assets than short-term liabilities on the SITE balance sheet.
  • There are more short-term assets than long-term liabilities on the SITE balance sheet.
  • SITE earnings of $223.20M is not enough to cover its interest payments.
  • Total SITE debt is lower than 5 years ago, relative to shareholder equity.

Negative Financial Indicators:

  • SITE profit margin has gone down from 6.1% to 4% in the past year.
  • SITE has a relatively high debt to equity ratio of 0.9.

Is SITE stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 5 Wall Street analysts who give ratings on SITE, the consensus analyst rating on SITE is a Hold

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Siteone Landscape Supply stock forecast page.

SITE Technical Indicators

SMA10
163.17
SMA20
167.97
SMA50
170.37
SMA100
163.34
SMA200
158.59
MACD
-3.33
MACD Signal
-2.28
MACD Histogram
-1.06
RSI
45.58
Stochastic %K
24.42
Stochastic %D
15.06
StochRSI %K
30.59
StochRSI %D
16.07

Is SITE Making Money?

Last year, SITE earnings were $173.40M. During the last five year, SITE's earnings have gone up by 15.98% per year. This was faster than the Industrial Distribution industry average of 12.2%.

Last year, SITE revenue was $4.30B. In the last 5 year, SITE's revenue has increased by 15.28% per year. This was slower than the Industrial Distribution industry average of 23.09%.

Dive into SITE's earnings and revenue performance here.

What are SITE insiders up to?

In the past 12 months, executives and large shareholders at SITE have bought more shares than they have sold.

Doug Black, CEO of SITE, was the latest SITE insider to sell. They sold $1,621,000.00 worth of SITE stock on Apr 17, 2024.

Dig into more about who owns SITE stock here.

Can I rely on SITE as an income stream?

No, Siteone Landscape Supply doesn't provide an income stream by paying out dividends.

Get opinions from other investors

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Make your SITE purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.

Click the Open Trade button and your broker will execute the order.

If you need more help with investing in stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Keep tabs on your SITE position

Now that you own some SITE stock, you'll want to keep up with your new investment.

Put SITE on a watchlist to get notified of important updates regarding your SITE stock.

SITE Feed

How to Buy Stock in Siteone Landscape Supply

To reiterate, here are the 6 steps to buy stock in Siteone Landscape Supply:

  1. Decide where to buy Siteone Landscape Supply stock
  2. Open a brokerage account
  3. Fund your investment account
  4. Evaluate Siteone Landscape Supply stock
  5. Make your SITE purchase
  6. Keep tabs on your SITE position

If you are looking for a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Siteone Landscape Supply, get started below.

NYSE: SITE
$163.76+1.11 (+0.68%)
Updated Apr 24, 2024
Open eToro Account
NYSE: SITE
$163.76+1.11 (+0.68%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Siteone Landscape Supply share?

As of Apr 24, 2024, it costs $163.76 to buy one share of Siteone Landscape Supply stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.611 shares of SITE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Siteone Landscape Supply stock?

According to 5 Wall Street analysts who monitor Siteone Landscape Supply, their consensus recommendation is to hold Siteone Landscape Supply stock.

What is the best way to buy Siteone Landscape Supply stock?

One way to place an order for Siteone Landscape Supply stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.