On a scale of 0 to 100, Siteone Landscape holds a
performance score of 9. The entity has a beta of 1.285, which indicates a somewhat significant risk relative to the market. Let's try to break down what Siteone's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Siteone Landscape will likely underperform. Although it is vital to follow
Siteone Landscape Supply current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring
future performance of any stock is to evaluate the business as a whole together with its past performance, including all
available fundamental and
technical indicators. By inspecting
Siteone Landscape Supply technical indicators, you can presently evaluate if the expected return of 0.31% will be sustainable into the future. Please operates Siteone Landscape
downside variance, as well as the
relationship between the accumulation distribution and
market facilitation index to make a quick decision on whether Siteone Landscape Supply existing
price patterns will revert.
What is the right price you would pay to acquire a share of SiteOne Landscape? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with SiteOne Landscape Supply this year
Annual and quarterly reports issued by SiteOne Landscape Supply are formal
financial statements that are published yearly and quarterly and sent to SiteOne stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as SiteOne Landscape often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
SiteOne Landscape Gross Profit
SiteOne Landscape Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing SiteOne Landscape previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show SiteOne Landscape Gross Profit growth over the last 10 years. Please check SiteOne Landscape's
gross profit and other
fundamental indicators for more details.
Is Siteone a risky opportunity?
Let's check the volatility. Siteone is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Siteone (NYSE:SITE) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. purchasing a share of a Siteone Landscape stock makes you a part-owner of that company.
Siteone Landscape Supply Current Consensus
Here is the latest trade recommendation based on an ongoing consensus estimate among financial analysis covering Siteone Landscape Supply. The Siteone consensus assessment is calculated by taking the average estimates from all of the analysts covering Siteone Landscape
| Strong Buy2 | Hold1 | Strong Sell2 |
| Strong Buy | 2 | 40.0 |
| Buy | 0 | 0.0 |
| Hold | 1 | 20.0 |
| Sell | 0 | 0.0 |
| Strong Sell | 2 | 40.0 |
Over 3 percent surge for Siteone Landscape. What does it mean for shareholders?
Latest expected short fall indicator falls down to -1.81. Possible price growth? Siteone Landscape Supply currently demonstrates below-average downside deviation. It has Information Ratio of 0.04 and Jensen Alpha of 0.08. However, we advise investors to further question Siteone Landscape Supply expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Siteone Landscape's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Siteone Landscape's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Final Take On Siteone Landscape
Although other entities within the industrial distribution industry are still a little expensive, even after the recent corrections, Siteone Landscape may offer a potential longer-term growth to shareholders. To conclude, as of the 24th of February 2021, our actual 30 days buy vs. sell advice on the firm is
Hold. We believe Siteone Landscape is
overvalued with
low probability of financial unrest for the next two years.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of SiteOne Landscape Supply. Please refer to our
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