SiteOne Landscape Supply, Inc. (NYSE:SITE) EVP Pascal Convers sold 9,750 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $74.25, for a total value of $723,937.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of SiteOne Landscape Supply, Inc. (NYSE SITE) traded up $0.22 during trading on Friday, reaching $75.00. The company had a trading volume of 409,776 shares, compared to its average volume of 428,573. The company has a market capitalization of $2,970.00 and a price-to-earnings ratio of 67.44. SiteOne Landscape Supply, Inc. has a 1-year low of $30.87 and a 1-year high of $75.52. The company has a quick ratio of 1.21, a current ratio of 2.69 and a debt-to-equity ratio of 2.35.
SiteOne Landscape Supply (NYSE:SITE) last issued its quarterly earnings results on Wednesday, November 8th. The industrial products company reported $0.41 EPS for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.14). The business had revenue of $502.40 million for the quarter, compared to the consensus estimate of $506.28 million. SiteOne Landscape Supply had a return on equity of 26.42% and a net margin of 2.49%. The business’s revenue was up 13.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.36 earnings per share. research analysts anticipate that SiteOne Landscape Supply, Inc. will post 1.23 EPS for the current fiscal year.
A number of institutional investors have recently modified their holdings of the stock. GSA Capital Partners LLP bought a new stake in SiteOne Landscape Supply during the third quarter worth $1,228,000. Neuberger Berman Group LLC bought a new stake in SiteOne Landscape Supply during the third quarter worth $24,028,000. Bamco Inc. NY lifted its holdings in SiteOne Landscape Supply by 11.2% during the third quarter. Bamco Inc. NY now owns 1,720,722 shares of the industrial products company’s stock worth $99,974,000 after acquiring an additional 172,650 shares during the period. Point72 Asset Management L.P. bought a new stake in SiteOne Landscape Supply during the third quarter worth $424,000. Finally, ThornTree Capital Partners LP raised its stake in shares of SiteOne Landscape Supply by 8.8% in the third quarter. ThornTree Capital Partners LP now owns 383,676 shares of the industrial products company’s stock valued at $22,292,000 after buying an additional 31,000 shares during the period.
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SiteOne Landscape Supply Company Profile
SiteOne Landscape Supply, Inc is a national wholesale distributor of landscape supplies in the United States and Canada. The Company is a supplier of irrigation, landscape lighting, hardscapes, lawn care supplies, nursery stock, and landscape accessories to green industry professionals. As of October 2, 2016, the Company had over 450 stores.
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