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 $141.11, down 0.62% from the previous day, and has increased 8.89% in one year. It has underperformed other stocks in the Industrial Distribution industry by 0.17 percentage points. Siteone Landscape Supply stock is currently +44.94% from its 52-week low of $97.36, and -14.64% from its 52-week high of $165.32.
As of May 26, 2023, there are 44.98M SITE shares outstanding. The market capitalization of SITE is $6.35B. In the last 24 hours, 269,188 SITE shares were traded.
How to Buy Siteone Landscape Supply Stock
Not sure how to invest in Siteone Landscape Supply stock? Here's how.
- 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.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your method of payment and add your info.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. Here's why:
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- 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 AccountStep 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
- Click here to get started.
- Provide your personal data to open your new brokerage account.
- Submit your data by hitting the "Create Account" button.
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.
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
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 30.48x, relative to Industrial Distribution industry P/E ratio of 335.09x
- SITE could be undervalued based on its P/B ratio of 4.87x, relative to Industrial Distribution industry P/B ratio of 5.64x
- SITE could be overvalued based on its PEG ratio of 3.79x
You can do more valuation research on SITE's stock here.
Is SITE a healthy company?
Positive Financial Indicators:
- Total SITE debt is lower than 5 years ago, relative to shareholder equity.
- SITE earnings of $269.00M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the SITE balance sheet.
- There are more short-term assets than short-term liabilities on the SITE balance sheet.
Negative Financial Indicators:
- SITE's operating cash flow of $182.90M allows it to safely service it's debt of $993.10M.
- SITE profit margin has gone down from 7.3% to 5.2% in the past year.
- SITE has a relatively high debt to equity ratio of 1.17.
Is SITE stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 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.
Most Recent SITE Analyst Recommendations
Matthew Bouley, a top 8% analyst from Barclays downgrades SITE to a strong sell rating and lowers their SITE price target from $146.00 to $144.00, on May 24, 2023.
W. Andrew Carter, a bottom 10% analyst from Stifel Nicolaus maintains SITE with a hold rating and raises their SITE price target from $125.00 to $140.00, on May 8, 2023.
Joe Ahlersmeyer, a top 13% analyst from Deutsche Bank maintains SITE with a hold rating and lowers their SITE price target from $163.00 to $153.00, on May 5, 2023.
David Manthey, a top 6% analyst from Baird maintains SITE with a buy rating and raises their SITE price target from $163.00 to $170.00, on May 4, 2023.
Jeffrey Stevenson, a bottom 18% analyst from Loop Capital upgrades SITE to a strong buy rating and announces their SITE price target of $155.00, on Apr 10, 2023.
You can dig deeper into what analysts are projecting on the Siteone Landscape Supply stock forecast page.
SITE Trading Indicators
SITE Performance Metrics
Last year, SITE earnings were $208.60M. During the past 5 year, SITE's earnings have gone up by 31% per year. This was faster than the Industrial Distribution industry average of 18.55%.
Last year, SITE revenue was $4.05B. In the last 5 year, SITE's revenue has gone up by 16.35% per year. This was faster than the Industrial Distribution industry average of 13.25%.
Dive into SITE's earnings and revenue performance here.
Are SITE insiders buying or selling the stock?
In the last 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 $1,130,160.00 worth of SITE shares on May 24, 2023.
Get more info about who owns SITE stock here.
Does SITE provide a stable income stream?
No, Siteone Landscape Supply doesn't provide an income stream by paying out dividends.
SITE Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your SITE purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you want additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your SITE position
Now that you own some shares in SITE, you'll want to stay up-to-date on your shares.
Make a watchlist to get notified of important updates regarding your SITE stock.
SITE Feed
How to Buy Stock in Siteone Landscape Supply
To summarize, here are the 6 steps you need to take to buy Siteone Landscape Supply stock right now:
- Decide where to buy Siteone Landscape Supply stock
- Open a brokerage account
- Fund your investment account
- Evaluate Siteone Landscape Supply stock
- Make your SITE purchase
- Keep tabs on your SITE position
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Siteone Landscape Supply, click below.
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