What Analysts Are Saying About SiteOne Landscape Supply Stock
Portfolio Pulse from Benzinga Insights
SiteOne Landscape Supply (NYSE:SITE) has been analyzed by 7 analysts, with a spectrum of opinions. The average 12-month price target is $148.43, down from $154.83. Analysts from firms like Stifel, Barclays, Truist Securities, and RBC Capital have updated their ratings and price targets, reflecting changes in market dynamics and company performance. SITE's financial health indicators show a market cap below industry average, revenue growth of 3.85%, a net margin of 5.0%, ROE of 3.91%, ROA of 1.96%, and a debt-to-equity ratio of 0.61.
January 08, 2024 | 3:01 pm
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SiteOne Landscape Supply's average price target has been lowered to $148.43, indicating a potential downside based on analyst sentiment. Financial indicators show mixed performance with solid ROA but lower market cap and ROE compared to industry standards.
The reduction in the average price target suggests that analysts see less upside potential for SITE, which could lead to a negative short-term impact on the stock price. The mixed financial indicators, such as lower market cap and ROE, may also concern investors, although a strong ROA could provide some positive sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100