SiteOne Landscape (SITE) Q2 Earnings and Revenues Miss Estimates
Earnings Performance: SiteOne Landscape reported quarterly earnings of $2.86 per share, slightly below the Zacks Consensus Estimate of $2.89, and revenues of $1.46 billion, missing expectations by 0.06%. The company has struggled to meet EPS estimates over the past four quarters.
Market Outlook: The stock currently holds a Zacks Rank #4 (Sell), indicating expected underperformance in the near future, with consensus estimates for upcoming quarters suggesting continued challenges.
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- New Investment Position: Wilson Asset Management disclosed in a February 2 SEC filing that it acquired 33,094 shares of SiteOne Landscape Supply in Q4, with an estimated trade value of $4.12 million, marking a new investment position in the company.
- Increased Stake: This acquisition brings Wilson's stake in SiteOne to 1.06%, representing a notable position within its $389.64 million reportable U.S. equity assets, indicating confidence in the company's future growth potential.
- Strong Financial Performance: SiteOne reported a 4% revenue growth to $1.26 billion in its latest quarterly report, with gross margin expanding by 70 basis points to 34.7% and net income increasing by 33%, reflecting effective pricing and cost control strategies.
- Market Competitive Advantage: SiteOne leads the $25 billion landscape supply industry with 680 branches and four distribution centers, showcasing its competitive edge in industry consolidation and economies of scale, which likely attracted Wilson Asset Management's interest.

- Active Options Trading: Procter & Gamble's options volume today reached 44,592 contracts, equivalent to approximately 4.5 million shares, representing 43.1% of its average daily trading volume over the past month, indicating heightened market interest in its future performance.
- High Strike Call Options: The $145 strike call option expiring on February 20, 2026, has seen 6,089 contracts traded today, representing about 608,900 underlying shares, suggesting increased investor expectations for P&G's stock price appreciation.
- SITE Options Activity: SiteOne Landscape Supply Inc's options volume today stands at 2,449 contracts, approximately 244,900 shares, accounting for 42.6% of its average daily trading volume over the past month, reflecting growing market interest in the company.
- Bullish Call Options: The $140 strike call option for SITE expiring on February 20, 2026, has recorded a trading volume of 1,965 contracts today, representing around 196,500 shares, indicating investor confidence in the company's future growth.
- Price Target Adjustment: Goldman Sachs has cut its price target for Netflix from $130 to $112, reflecting a cautious outlook ahead of the upcoming earnings report, which is expected to show solid performance by the end of 2025 as management executes its core strategic focus.
- Content Strategy: Goldman emphasizes that Netflix will continue to rely on original and returning original content to drive user engagement and growth, a strategy that may impact user retention and market share in the competitive streaming landscape.
- Market Expectations: While Goldman maintains a neutral rating on Netflix, the market's reaction to the forthcoming earnings report could lead to stock price volatility, particularly given the uncertainties in the macroeconomic environment.
- Competitive Pressure: Netflix faces competitive pressures from other streaming platforms, especially regarding content richness and user experience, which could affect its growth potential moving forward.
- Stock Volatility: SITE's 52-week low stands at $101.25 per share, with a high of $154, while the last trade was at $128.90, indicating significant price fluctuations that reflect market interest and potential investment opportunities.
- Market Trends: The current price of $128.90 is approaching the 52-week high, suggesting a gradual recovery in investor confidence, which may attract more buying interest and influence future market performance.
- Technical Indicators: SITE's stock has crossed above its 200-day moving average, potentially signaling a bullish trend in the short term, prompting investors to monitor this technical signal for optimal buying opportunities.
- Investor Sentiment: Despite the current price being in a fluctuating range, the market sentiment towards SITE remains neutral, necessitating cautious evaluation of market dynamics for informed investment strategies.

- Product Launch: Sitewire has introduced BudgetIQ™ and PermitIQ™, designed to standardize budget and permit checks, addressing financial and regulatory friction at the start of construction projects, thereby accelerating project initiation and reducing mid-project surprises.
- Budget Validation: BudgetIQ™ validates borrower budgets line-by-line using over 80 million local cost records, helping builders and lenders avoid maintaining manual costing catalogs costing $3,000 to $5,000 annually, significantly enhancing financial accuracy.
- Permit Trigger Analysis: PermitIQ™ analyzes project scopes to instantly flag permit triggers across over 20,000 jurisdictions, providing process maps and fee information, which helps teams identify conflicts early and mitigate delays of 1 to 30 weeks, ensuring project timelines are met.
- Integrated Platform: Both products are integrated into the Sitewire platform alongside virtual inspections and draw management, allowing lenders to go live within 24 hours without internal IT support, enhancing operational efficiency and borrower experience.
Partnership Announcement: Goodway Group has been selected by SiteOne Landscape Supply as its paid media strategy partner to enhance growth among professional customers in various landscape supply categories.
Strategic Focus: The collaboration will involve a comprehensive onboarding and planning phase aimed at creating a full-funnel, measurement-driven media program that simplifies the customer journey and fosters loyalty.
Goals and Objectives: Goodway Group will conduct competitive market analysis and budget modeling to ensure that SiteOne's media investments align with growth priorities and deliver measurable business outcomes.
Vision for Growth: SiteOne's leadership emphasizes the importance of this partnership in advancing their marketing sophistication and building lasting customer relationships through a customer-first approach.









