SiteOne Landscape Supply (NYSE:SITE) Hits New 12-Month Low on Disappointing Earnings

SiteOne Landscape Supply, Inc. (NYSE:SITE)’s stock price hit a new 52-week low during trading on Wednesday after the company announced weaker than expected quarterly earnings. The company traded as low as $90.09 and last traded at $95.3490, with a volume of 155286 shares trading hands. The stock had previously closed at $103.47.

The industrial products company reported $3.14 EPS for the quarter, missing the consensus estimate of $3.36 by ($0.22). The business had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.54 billion. SiteOne Landscape Supply had a return on equity of 9.22% and a net margin of 3.24%.The company’s revenue was up 4.7% compared to the same quarter last year. During the same period last year, the business posted $2.86 earnings per share.

More SiteOne Landscape Supply News

Here are the key news stories impacting SiteOne Landscape Supply this week:

• Positive Sentiment: Robert W. Baird maintained an “outperform” rating and said the stock could have substantial upside, although it lowered its price target to $155 from $160. The target remains well above the recent share price, providing a potential valuation-supportive signal. Benzinga report
• Neutral Sentiment: SiteOne reported second-quarter revenue of approximately $1.53 billion, broadly in line with expectations of $1.54 billion. The results keep attention on demand trends across the landscaping, irrigation and outdoor-living markets. SiteOne Landscape Supply Announces Second Quarter 2026 Earnings
• Negative Sentiment: Adjusted earnings per share came in at $3.14, missing the analyst consensus of $3.35 by $0.21. The earnings shortfall is the clearest near-term pressure on SITE because it suggests profitability was weaker than expected despite revenue being close to forecasts. SiteOne Landscape Q2 Earnings Snapshot
• Negative Sentiment: The company’s reported net margin was only 3.24%, underscoring the potential impact of costs and operating leverage on earnings. Analysts’ estimates for full-year EPS remain around $4.02, so investors will look for any outlook changes or evidence that margins can improve. SiteOne misses Q2 revenue estimates

Analysts Set New Price Targets

Several research firms have weighed in on SITE. UBS Group reissued a “neutral” rating on shares of SiteOne Landscape Supply in a research note on Thursday, June 25th. Zacks Research cut SiteOne Landscape Supply from a “hold” rating to a “strong sell” rating in a research note on Monday, June 22nd. Bank of America decreased their price objective on SiteOne Landscape Supply from $182.00 to $167.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Stifel Nicolaus lowered their target price on SiteOne Landscape Supply from $157.00 to $153.00 and set a “buy” rating for the company in a research note on Monday, June 22nd. Finally, Deutsche Bank Aktiengesellschaft raised SiteOne Landscape Supply from a “hold” rating to a “buy” rating and set a $160.00 target price for the company in a research note on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $156.18.

Insider Transactions at SiteOne Landscape Supply

In other SiteOne Landscape Supply news, Director Fred M. Diaz sold 563 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $115.13, for a total transaction of $64,818.19. Following the completion of the transaction, the director owned 11,829 shares of the company’s stock, valued at $1,361,872.77. This represents a 4.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On SiteOne Landscape Supply

Large investors have recently made changes to their positions in the business. Basecamp Wealth Advisors LLC increased its stake in shares of SiteOne Landscape Supply by 219.0% during the first quarter. Basecamp Wealth Advisors LLC now owns 185 shares of the industrial products company’s stock valued at $25,000 after buying an additional 127 shares during the period. Whittier Trust Co. raised its holdings in shares of SiteOne Landscape Supply by 72.7% during the first quarter. Whittier Trust Co. now owns 209 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 88 shares in the last quarter. Rothschild Investment LLC lifted its stake in SiteOne Landscape Supply by 1,521.4% in the fourth quarter. Rothschild Investment LLC now owns 227 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 213 shares during the period. IFP Advisors Inc lifted its stake in SiteOne Landscape Supply by 106.8% in the fourth quarter. IFP Advisors Inc now owns 306 shares of the industrial products company’s stock worth $38,000 after acquiring an additional 158 shares during the period. Finally, Empowered Funds LLC bought a new stake in SiteOne Landscape Supply in the fourth quarter valued at $42,000.

SiteOne Landscape Supply Trading Down 9.8%

The company has a quick ratio of 0.96, a current ratio of 2.33 and a debt-to-equity ratio of 0.39. The firm’s fifty day moving average is $107.80 and its two-hundred day moving average is $127.54. The firm has a market cap of $4.13 billion, a P/E ratio of 27.68, a PEG ratio of 1.37 and a beta of 1.34.

About SiteOne Landscape Supply

SiteOne Landscape Supply is a leading distributor of landscape supplies and irrigation equipment in North America. The company serves a broad range of customers, including independent landscapers, lawn and garden retailers, municipalities and other commercial landscape professionals. Its product portfolio spans irrigation and lighting controls, pipes and fittings, fertilizers and soils, lighting fixtures, hardscapes, outdoor lighting systems and related installation accessories.

In addition to core product lines, SiteOne offers agronomic services designed to optimize turf and plant health, as well as online tools and training resources to help customers plan, specify and manage projects more efficiently.