Let’s look at the key reasons that are pushing SiteOne Landscape Supply Inc (SITE) to new highs

SiteOne Landscape Supply Inc (NYSE: SITE) on Friday, soared 2.84% from the previous trading day, before settling in for the closing price of $138.86. Within the past 52 weeks, SITE’s price has moved between $114.60 and $188.01.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 16.47%. The company achieved an average annual earnings per share of -30.62%. With a float of $44.42 million, this company’s outstanding shares have now reached $45.12 million.

Considering the fact that the conglomerate employs 7800 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 34.48%, operating margin of 4.52%, and the pretax margin is 4.09%.

SiteOne Landscape Supply Inc (SITE) Breakdown of a Key Holders of the stock

Observing investor behavior towards Industrial Distribution industry stocks is more important than anything else. The insider ownership of SiteOne Landscape Supply Inc is 1.56%, while institutional ownership is 104.82%. The most recent insider transaction that took place on Nov 21 ’24, was worth 924,300. In this transaction EVP, Human Resources of this company sold 6,500 shares at a rate of $142.20, taking the stock ownership to the 12,942 shares. Before that another transaction happened on Nov 21 ’24, when Company’s Officer proposed sale 6,500 for $142.20, making the entire transaction worth $924,321.

SiteOne Landscape Supply Inc (SITE) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.39 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -30.62% per share during the next fiscal year.

SiteOne Landscape Supply Inc (NYSE: SITE) Trading Performance Indicators

SiteOne Landscape Supply Inc (SITE) is currently performing well based on its current performance indicators. A quick ratio of 1.16 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.43. Likewise, its price to free cash flow for the trailing twelve months is 27.70.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.11, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach 3.97 in one year’s time.

Technical Analysis of SiteOne Landscape Supply Inc (SITE)

Compared to the last year’s volume of 0.33 million, its volume of 0.38 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 84.13%. Additionally, its Average True Range was 4.38.

During the past 100 days, SiteOne Landscape Supply Inc’s (SITE) raw stochastic average was set at 48.78%, which indicates a significant decrease from 98.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.52% in the past 14 days, which was lower than the 34.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $141.72, while its 200-day Moving Average is $143.30. Nevertheless, the first resistance level for the watch stands at $143.66 in the near term. At $144.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $145.86. If the price goes on to break the first support level at $141.46, it is likely to go to the next support level at $140.10. Now, if the price goes above the second support level, the third support stands at $139.26.

SiteOne Landscape Supply Inc (NYSE: SITE) Key Stats

Market capitalization of the company is 6.44 billion based on 45,121K outstanding shares. Right now, sales total 4,301 M and income totals 173,400 K. The company made 1,209 M in profit during its latest quarter, and 44,400 K in sales during its previous quarter.