$SITE

SiteOne Landscape Supply, Inc.

No enriched coverage for $SITE in the last 7 days.

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SiteOne Landscape Supply (SITE) Margin Gain Supports Bullish Narratives Into Q1 2026 Earnings

SiteOne Landscape Supply (SITE) reported Q1 2026 results showing a net profit margin increase to 3.2% from 2.7%, supporting bullish narratives despite volatile quarterly EPS. The company's earnings grew 22.6% over the last year, trading at a P/E of 35.3x, above peers, although forecast revenue growth is more modest at 4.8% annually. Analysts expect 14% yearly earnings growth and the stock is trading below its DCF fair value and analyst target, suggesting potential upside if growth expectations are met.

Georgia-based landscape supplies distributor acquires Reinders

SiteOne Landscape Supply Inc., a publicly traded company based in Roswell, Georgia, has acquired Reinders, a fifth-generation family-owned distributor of landscape supplies headquartered in Sussex, Wisconsin. The terms of the deal were not disclosed, but SiteOne, the largest wholesale distributor of landscape supplies in North America, aims to expand its market presence and offerings in the Midwest. Ann Reinders, vice president of operations, will remain with the company, while Craig Reinders will lead Spartan Turf Products, the family's Toro distribution business.

Cartenna Capital LP Takes Position in SiteOne Landscape Supply, Inc. $SITE

Cartenna Capital LP has disclosed a new position in SiteOne Landscape Supply, Inc. (NYSE:SITE), purchasing 495,000 shares valued at approximately $63.76 million, making it their 19th largest holding. Other institutional investors have also adjusted their stakes in SiteOne Landscape Supply, which recently reported earnings that beat analyst expectations. The company's stock currently has an average analyst rating of "Hold" with an average price target of $159.44.