|Over a week ago|
SiteOne Landscape provides update on COVID-19 » 07:0603/1803/18/20
SiteOne Landscape Supply…
SiteOne Landscape Supply announced how the company is preparing for and responding to the coronavirus (COVID-19). "As we all watch the current global situation with the coronavirus (COVID-19) and see the impact it is having on our daily lives, our communities and our businesses, we at SiteOne are keeping the safety of our associates, customers and suppliers as our top priority while continuing to deliver quality products and exceptional service to our customers and communities," said Doug Black, Chairman and CEO of SiteOne. "We are monitoring developments and following all appropriate recommendations from health and government authorities while proactively facilitating safe behaviors, minimizing potential exposures and maintaining safe and healthy environments in our branches and other facilities."
|Over a month ago|
SiteOne Landscape price target raised to $115 from $85 at SunTrust » 09:3302/1902/19/20
SunTrust analyst Keith…
SunTrust analyst Keith Hughes raised his price target on SiteOne Landscape to $115, saying the company posted "strong organic growth" with its Q4 earnings beat, even though the quarter benefited from favorable weather. The analyst still keeps his Hold rating on the stock however, noting that investors continue to drive up its multiple based on the company's revenue potential in spite of its flattish margins.
SiteOne Landscape price target raised to $116 from $90 at Baird » 08:3602/1902/19/20
Baird analyst David…
Baird analyst David Manthey raised his price target on SiteOne Landscape to $116 from $90 as he believes its model continues to perform well driving Q4 results and setting up a familiar algorithm for favorable 2020 guidance. He believes his estimated could be conservative given probable tailwinds and secular growth story, and he views any pullbacks as a buying opportunity. Manthey reiterated his Outperform rating on SiteOne Landscape shares.
SiteOne Landscape price target raised to $105 from $84 at RBC Capital » 06:5902/1902/19/20
RBC Capital analyst Mike…
RBC Capital analyst Mike Dahl raised his price target on SiteOne Landscape (SITE) to $105 after its Q4 earnings beat, also raising his FY20 EBITDA view by 3% after the company's guidance. The analyst still keeps his Sector Perform rating on SiteOne Landscape, noting that the company is facing more cyclical exposure and more fragmented markets that warrant a valuation discount relative to its closest peer Pool Corp (POOL).
SiteOne Landscape sees FY20 adjusted EBITDA $213M-$228M » 06:0302/1802/18/20
"We expect the…
"We expect the construction markets to reflect healthy new residential construction, solid repair and upgrade activity and potentially moderating new commercial construction," CEO Doug Black said. "We expect steady demand in the maintenance end market. Organic sales growth should be further supported by our increased ability to gain market share partially offset by lower expected price inflation. In total, we would expect another year of mid-single digit Organic Daily Sales growth in 2020. Further, we expect good acquisition activity in 2020 along with a higher average revenue per acquired company, both supporting an increase in acquired TTM sales and EBITDA versus 2019. Lastly, we expect to make good progress improving our Adjusted EBITDA margin in 2020."
SiteOne Landscape reports Q4 EPS 6c, consensus (5c) » 06:0202/1802/18/20
Reports Q4 revenue $535M,…
Reports Q4 revenue $535M, consensus $524.86M.
|Over a quarter ago|
SiteOne Landscape upgraded to Overweight from Equal Weight at Morgan Stanley » 06:0512/1712/17/19
Morgan Stanley analyst…
Morgan Stanley analyst Richard Hill upgraded SiteOne Landscape to Overweight from Equal Weight.
SiteOne Landscape initiated with a Hold at Deutsche Bank » 16:3311/2011/20/19
Deutsche Bank initiated…
Deutsche Bank initiated coverage of SiteOne Landscape with a Hold rating.
SiteOne Landscape management to meet with SunTrust » 08:5711/2011/20/19
Meeting to be held in…
Meeting to be held in Texas on November 20 hosted by SunTrust.
SiteOne Landscape price target raised to $85 from $70 at SunTrust » 09:2310/3110/31/19
SunTrust analyst Keith…
SunTrust analyst Keith Hughes raises his price target on SiteOne Landscape to $85 after its Q3 results topped expectations on "strong" organic growth and favorable weather conditions. The analyst notes that the management's initiatives should improve margins, but keeps his Hold rating given the current valuation levels on the stock.