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SiteOne Landscape Supply Inc. ($SITE) Stock Forecast: Down 13.5% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is SiteOne Landscape Supply Inc.?

SiteOne Landscape Supply Inc. (SITE) is a leading wholesale distributor of landscape supplies in the United States. The company offers a wide range of products such as irrigation supplies, fertilizers, and outdoor lighting to professional landscapers and homeowners.

Why is SiteOne Landscape Supply Inc. going down?

SITE stock is down 13.5% on Apr 29, 2026 15:36

  • SITE stock showed significant bearish movement today.
  • Despite facing challenges in Q1 2026 with lower than expected earnings and revenue, SITE displayed a slight pre-market gain, showing resilience in the market.
  • Strategic initiatives like private label expansion, acquisitions, and margin improvements were underscored as key growth drivers for the company.
  • Investor sentiment towards SITE appears cautious, with a focus on the company's execution of growth strategies and financial performance.

SITE Price Chart

SITE Technical Analysis

SITE News

Earnings call transcript: SiteOne Q1 2026 misses forecasts, stock steady

SiteOne Landscape Supply Inc. reported a challenging Q1 2026, missing EPS forecasts with -0.60 against an anticipated -0.34 and revenue of $940.1 million, below the $981.8 million expectation. Despite these misses and a downward revision of future earnings by analysts, the stock saw a slight pre-market gain of 0.21%. The company highlighted strategic initiatives like private label growth and acquisitions as key drivers for future performance amidst market uncertainties.

https://www.investing.com/news/transcripts/earnings-call-transcript-siteone-q1-2026-misses-forecasts-stock-steady-93CH-4645387

0 Missing News Article Image Earnings call transcript: SiteOne Q1 2026 misses forecasts, stock steady

SiteOne Landscape: Q1 Earnings Snapshot

SiteOne Landscape Supply, Inc. (SITE) reported a first-quarter loss of $26.6 million, equivalent to 60 cents per share. The company's revenue for the period was $940.1 million, which did not meet the Street's forecasts of $991.5 million from analysts surveyed by Zacks.

https://www.kare11.com/article/syndication/associatedpress/siteone-landscape-q1-earnings-snapshot/616-aa037e66-7611-47e6-af81-7d0c38a4f265

1 News Article Image SiteOne Landscape: Q1 Earnings Snapshot

Late spring slowed sales volume, but SiteOne grew Q1 EBITDA 14%

SiteOne Landscape Supply (NYSE: SITE) announced its Q1 2026 earnings, reporting a 14% increase in Adjusted EBITDA to $25.5 million despite a 1% decrease in organic daily sales due to unfavorable weather. The company maintained its full-year 2026 Adjusted EBITDA outlook of $425 million to $455 million, driven by anticipated pricing increases and operational efficiencies. SiteOne also highlighted continued acquisition growth and expected gross margin expansion.

https://www.stocktitan.net/news/SITE/site-one-landscape-supply-announces-first-quarter-2026-fjtvlwaog9sj.html

2 News Article Image Late spring slowed sales volume, but SiteOne grew Q1 EBITDA 14%

Margins improve as SiteOne (NYSE: SITE) reports Q1 2026 results and keeps EBITDA guidance

SiteOne Landscape Supply reported essentially flat net sales in Q1 2026 at $940.1 million, with organic daily sales declining 1% due to unfavorable weather, though pricing remained positive. Despite an increase in SG&A, the company saw its gross margin improve to 33.9% and Adjusted EBITDA increase 14% to $25.5 million, due to higher price realization and commercial initiatives. SiteOne reaffirmed its full-year 2026 Adjusted EBITDA guidance of $425 million to $455 million, incorporating an expected $4 million to $5 million headwind from an extra fiscal week.

https://www.stocktitan.net/sec-filings/SITE/8-k-site-one-landscape-supply-inc-reports-material-event-fe6eb1396b3b.html

3 News Article Image Margins improve as SiteOne (NYSE: SITE) reports Q1 2026 results and keeps EBITDA guidance

Earnings Flash (SITE) SiteOne Landscape Supply, Inc. Reports Q1 Revenue $940.1M, vs. FactSet Est of $982.3M

SiteOne Landscape Supply, Inc. reported its Q1 revenue at $940.1 million, falling short of FactSet's estimated $982.3 million. This financial update indicates that the company's first-quarter performance did not meet analyst expectations for revenue.

https://www.marketscreener.com/news/earnings-flash-site-siteone-landscape-supply-inc-reports-q1-revenue-940-1m-vs-factset-est-of-ce7f59d3de8cfe25

4 News Article Image Earnings Flash (SITE) SiteOne Landscape Supply, Inc. Reports Q1 Revenue $940.1M, vs. FactSet Est of $982.3M

SiteOne Landscape Supply Inc. Price History

29.03.2026 - SITE Stock was down 9.7%

  • The bearish movement in SITE's stock today could be attributed to several factors:
  • Despite positive sentiment and expectations of revenue growth, investors may have been disappointed by the lack of concrete information in the Q1 earnings preview, leading to uncertainty.
  • The recent amendment to the credit agreement with JPMorgan Chase and other lenders may have raised concerns about the company's cost of capital and financial flexibility, impacting investor confidence.
  • The acquisition of Stone Center of Virginia, while expanding SiteOne's market presence, could have raised questions about the company's overall strategy and potential integration challenges, leading to some selling pressure on the stock.
  • Overall, the combination of uncertainty surrounding the upcoming earnings report, changes in the credit agreement, and recent acquisitions may have contributed to the bearish movement in SITE's stock today.

29.03.2026 - SITE Stock was down 13.5%

  • SITE stock showed significant bearish movement today.
  • Despite facing challenges in Q1 2026 with lower than expected earnings and revenue, SITE displayed a slight pre-market gain, showing resilience in the market.
  • Strategic initiatives like private label expansion, acquisitions, and margin improvements were underscored as key growth drivers for the company.
  • Investor sentiment towards SITE appears cautious, with a focus on the company's execution of growth strategies and financial performance.

10.11.2024 - SITE Stock was down 5.1%

  • The bearish movement of SITE's stock could be attributed to profit-taking by investors following a recent price surge.
  • Amidst the optimistic market sentiment, investors may be reallocating funds from SITE to other promising stocks, particularly in light of Shopify Inc.'s recent upgrade.
  • The fluctuation in analyst ratings could be prompting investors to adjust their portfolios, resulting in a temporary decrease in SITE's stock price.
  • It is plausible that investors are diverting their attention towards companies like Shopify Inc. with positive upgrades, leading to a sell-off in SITE as they fund new positions.

25.01.2026 - SITE Stock was down 6.0%

  • SiteOne Landscape Supply fell short of third-quarter EPS expectations by $0.24, though it surpassed revenue forecasts, potentially contributing to the stock's downward trend.
  • The company's recent 10-K filing highlighted a 4% uptick in net sales and a 27% increase in net income, attributed to acquisitions and improved gross margins. However, the report also pointed out challenges like economic cyclicality and supply chain weaknesses.
  • Despite outlining promising long-term growth prospects, the market's reaction appears to be negative due to the EPS miss. Concerns about SiteOne's ability to address economic cyclicality and supply chain vulnerabilities in the short term may be weighing on investor sentiment.

10.02.2026 - SITE Stock was up 5.6%

  • A capital management company reduced its stake in SiteOne Landscape Supply, Inc., but the company still reported an earnings beat with revenue up 3.2% year-over-year, contributing to positive market sentiment.
  • Despite a recent share price pullback, various valuation metrics present a mixed picture, with one suggesting fair value and another indicating potential overvaluation compared to industry peers.
  • Another investment firm increased its stake in SiteOne Landscape Supply, Inc., following the company exceeding quarterly EPS estimates and seeing a revenue increase, further boosting investor confidence.
  • The market dynamics and changing evaluations of SiteOne Landscape Supply, Inc. have influenced investor sentiment, with analysts providing mixed views but overall maintaining a consensus "Hold" rating with an average target price of $159.44.

21.03.2026 - SITE Stock was up 5.2%

  • A Buy rating on SITE.US was maintained with a lowered price target of $167. This signifies confidence in the company's prospects despite the price adjustment.
  • SITE.US is deemed undervalued with a strong GF Score™ of 87/100, emphasizing its profitability and valuation metrics.
  • Coverage on SITE.US was initiated with a neutral rating, indicating the stock's potential to perform in line with the overall market.
  • The bullish movement in SITE.US today may be credited to the ongoing confidence from previous sources, highlighting the undervaluation and profitability metrics that likely attracted investors despite a neutral rating from another source.

11.01.2026 - SITE Stock was up 9.6%

  • The favorable movement in SITE's stock today could be linked to positive investor sentiment towards the industrial distributors segment.
  • Despite concerns about overvaluation, investors may be optimistic about SiteOne's earnings results surpassing expectations.
  • Recent stock price stability might present a buying opportunity for investors interested in potential positive earnings outcomes.
  • Overall, today's bullish movement in SITE could be driven by investor expectations of strong financial performance, notwithstanding lingering valuation concerns.

29.09.2025 - SITE Stock was up 8.4%

  • SITE's significant upward movement today may be linked to expectations surrounding its forthcoming Q3 earnings.
  • Investors appear hopeful about SITE's potential to demonstrate increased earnings, supported by cost-saving initiatives and strategic acquisitions amid difficulties in new residential construction demand.
  • The optimistic outlook regarding SITE's earnings is likely boosting investor trust and pushing the stock price upwards.

24.02.2026 - SITE Stock was up 0.4%

  • The acquisition of Reinders, a family-owned distributor of landscape supplies, by SiteOne Landscape Supply has expanded SITE's market presence and product offerings, potentially contributing to the bullish movement.
  • Despite recent stock volatility and concerns about overvaluation based on P/E ratio comparisons, strong financial results in Q3 2025, including increased net sales and net income, may have reassured investors and bolstered confidence in SITE's future performance.
  • Succession plans for CFO and insider trading activities detailed in SEC filings offer insights into the company's strategic direction and leadership stability, potentially positively influencing investor sentiment.
  • Overall, strategic acquisitions, solid financial performance, and transparent regulatory disclosures may have driven investor optimism and the bullish market movement for SITE.

17.03.2026 - SITE Stock was up 5.5%

  • Despite a recent neutral rating and price target adjustment by an analyst, SITE's stock saw significant upward movement, indicating positive investor sentiment.
  • Mixed financial results for the Fourth Quarter and Full Year 2024 showed a decline in net income but growth in net sales. However, the company's optimistic 2025 outlook, expecting increased Organic Daily Sales and Adjusted EBITDA, seemed to reassure investors.
  • The revised price target of $140.00 per share, down from $182.00, influenced market uncertainty initially but subsequent bullish activity suggested potential investor interest at a discounted level.
  • Overall, the market reaction appears driven by evaluations of SITE's worth, growth prospects, and sentiment following recent analyst actions.

09.00.2026 - SITE Stock was up 5.0%

  • Significant bullish movement observed in the stock of SiteOne Landscape Supply (NYSE: SITE) today.
  • Historical ROCE of 9.1% and underperformance compared to industry peers may have previously impacted investor sentiment.
  • Analysis indicates a neutral sentiment and oscillation trend that could have prompted short positions, potentially leading to a short squeeze and the surge in the stock today.
  • Investors might be reevaluating the stock today, potentially driven by renewed optimism or shifts in market dynamics, contributing to the bullish movement despite past performance.

09.00.2026 - SITE Stock was up 5.3%

  • Company A was upgraded to "Outperform" from "Sector Perform" by one analyst firm, maintaining a price target of $151. This upgrade, coupled with previous favorable analyst evaluations, contributed to the upward movement in the stock price.
  • Two additional analyst firms, along with others, provided "Buy" ratings for Company A, highlighting its strong market position and potential for margin growth. This endorsement further bolstered investor confidence.
  • Although there have been concerns regarding the company's return on capital and historical stock performance, the recent analyst upgrades and positive sentiments have had a more significant impact, leading to the stock's upward trend.
  • The favorable outlook on Company A, supported by analyst upgrades and growth prospects, likely motivated investors to drive up the stock price today.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.