Is SiteOne Landscape Stock a Good Investment?
SiteOne Landscape Investment Advice | SITE |
- Examine SiteOne Landscape's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research SiteOne Landscape's leadership team and their track record. Good management can help SiteOne Landscape navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Trading Companies & Distributors space and any emerging trends that could impact SiteOne Landscape's business and its evolving consumer preferences.
- Compare SiteOne Landscape's performance and market position to its competitors. Analyze how SiteOne Landscape is positioned in terms of product offerings, innovation, and market share.
- Check if SiteOne Landscape pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about SiteOne Landscape's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in SiteOne Landscape Supply stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if SiteOne Landscape Supply is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine SiteOne Landscape Stock
Researching SiteOne Landscape's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are owned by institutional investors. The book value of SiteOne Landscape was at this time reported as 35.01. The company has Price/Earnings To Growth (PEG) ratio of 2.52. SiteOne Landscape Supply had not issued any dividends in recent years.
To determine if SiteOne Landscape is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding SiteOne Landscape's research are outlined below:
| SiteOne Landscape generated a negative expected return over the last 90 days | |
| Over 98.0% of the company shares are owned by institutional investors |
SiteOne Landscape uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in SiteOne Landscape Supply. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to SiteOne Landscape's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
SiteOne Landscape's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.73 B.SiteOne Landscape's profitablity analysis
The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.01) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.01.Determining SiteOne Landscape's profitability involves analyzing its financial statements and using various financial metrics to determine if SiteOne Landscape is a good buy. For example, gross profit margin measures SiteOne Landscape's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of SiteOne Landscape's profitability and make more informed investment decisions.
Please note, the presentation of SiteOne Landscape's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SiteOne Landscape's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of SiteOne Landscape's management manipulating its earnings.
Basic technical analysis of SiteOne Stock
As of the 26th of March, SiteOne Landscape has the Risk Adjusted Performance of (0.03), coefficient of variation of (2,565), and Variance of 3.98. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SiteOne Landscape Supply, as well as the relationship between them. Please validate SiteOne Landscape Supply market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if SiteOne Landscape is priced more or less accurately, providing market reflects its prevalent price of 126.7 per share. Given that SiteOne Landscape Supply has information ratio of (0.04), we advise you to double-check SiteOne Landscape Supply's current market performance to make sure the company can sustain itself at a future point.SiteOne Landscape's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific SiteOne Landscape insiders, such as employees or executives, is commonly permitted as long as it does not rely on SiteOne Landscape's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases SiteOne Landscape insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
SiteOne Landscape's Outstanding Corporate Bonds
SiteOne Landscape issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. SiteOne Landscape Supply uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most SiteOne bonds can be classified according to their maturity, which is the date when SiteOne Landscape Supply has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand SiteOne Landscape's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing SiteOne Landscape's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 1.57 | |||
| Coefficient Of Variation | (2,565) | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.98 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 8.22 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 3.13 | |||
| Skewness | 0.1708 | |||
| Kurtosis | 0.0981 |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 1.57 | |||
| Coefficient Of Variation | (2,565) | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.98 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 8.22 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 3.13 | |||
| Skewness | 0.1708 | |||
| Kurtosis | 0.0981 |
Consider SiteOne Landscape's intraday indicators
SiteOne Landscape intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of SiteOne Landscape stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 9500.36 | |||
| Daily Balance Of Power | (0.25) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 127.35 | |||
| Day Typical Price | 127.14 | |||
| Price Action Indicator | (1.05) | |||
| Period Momentum Indicator | (0.79) | |||
| Relative Strength Index | 37.48 |
SiteOne Stock media impact
Far too much social signal, news, headlines, and media speculation about SiteOne Landscape that are available to investors today. That information is available publicly through SiteOne media outlets and privately through word of mouth or via SiteOne internal channels. However, regardless of the origin, that massive amount of SiteOne data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of SiteOne Landscape news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of SiteOne Landscape relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to SiteOne Landscape's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive SiteOne Landscape alpha.
SiteOne Landscape Corporate Directors
| Fred Diaz | Independent Director | Profile | |
| Jack Wyszomierski | Independent Director | Profile | |
| William Douglas | Lead Independent Director | Profile | |
| Larisa Drake | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SiteOne Landscape Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SiteOne Landscape. If investors know SiteOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SiteOne Landscape listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SiteOne Landscape Supply is measured differently than its book value, which is the value of SiteOne that is recorded on the company's balance sheet. Investors also form their own opinion of SiteOne Landscape's value that differs from its market value or its book value, called intrinsic value, which is SiteOne Landscape's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SiteOne Landscape's market value can be influenced by many factors that don't directly affect SiteOne Landscape's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between SiteOne Landscape's value and its price, as these two are different measures arrived at by various means. Investors typically determine if SiteOne Landscape is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SiteOne Landscape's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.