SiteOne Landscape Supply Inc (NYSE:SITE) currently has a daily average trading volume of 315.69K but it saw 1481265 shares traded in last market. With a market cap of 6.48B USD, the company’s current market price of $143.51 came falling about -8.53 while comparing to the previous closing price of $156.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $188.01 and as low as $116.81.
Taking a look at 20-day trading activity of SiteOne Landscape Supply Inc (SITE) gives us an average price of $164.12, while its current price level is -23.67% below from 52-week high level whereas it is 22.86% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $169.75 while that of 200 days or SMA-200 reads an average of $158.25. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.55% during that period while stretching the period over a month that decreases to 3.15%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 28.19 which implies that the stock is in oversold territory.
Stifel downgraded its recommendation for the stock as a “Hold” from “Buy” on December 19, 2023 while assigning a price target range of $150-$167. Deutsche Bank also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $123 and $120.
Over the week, SITE’s stock price is moving -12.37% down while it is -13.26% when we observe its performance for the past one month. Year-to-date it is -11.69% down and over the past year, the stock is showing a downside performance of -3.01%.
Currently, SiteOne Landscape Supply Inc’s total number of outstanding shares is 45.08M. Company’s return on investment (ROI) stands at 7.75% and return on equity (ROE) at 12.43%. It has a price to earnings ratio (P/E ratio) of 37.85 while having a 28.74 of forward P/E ratio. Stock’s beta reads 1.54. Stock has a price to book (P/B) ratio of 4.35 while price to sale or P/S ratio amounts to 1.51. Its return on asset (ROA) is 6.47% on average.
