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SITE ONE LANDSCAPE SUPPLY STORE 225 FREE
If you are no longer interested in SiteOne Landscape Supply, you can use our free platform to see our list of over 50 other stocks with a high growth potential. But before you make this decision, take a look at whether its fundamentals have changed. Given the uncertainty from negative growth in the future, this could be the right time to de-risk your portfolio. What This Means For YouĪre you a shareholder? If you believe SITE is currently trading above its value, selling high and buying it back up again when its price falls towards its real value can be profitable. It appears that risk of future uncertainty is high, at least in the near term. Though in the case of SiteOne Landscape Supply, it is expected to deliver a negative earnings growth of -15%, which doesn’t help build up its investment thesis. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. What does the future of SiteOne Landscape Supply look like?įuture outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. But, is there another opportunity to buy low in the future? Since SiteOne Landscape Supply’s share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This means that the buying opportunity has probably disappeared for now. The stock is currently priced at US$136 on the market compared to my intrinsic value of $106.73. SiteOne Landscape Supply appears to be overvalued by 27% at the moment, based on my discounted cash flow valuation. But what if there is still an opportunity to buy? Today I will analyse the most recent data on SiteOne Landscape Supply’s outlook and valuation to see if the opportunity still exists.Ĭheck out our latest analysis for SiteOne Landscape Supply What Is SiteOne Landscape Supply Worth? As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock.
( NYSE:SITE) might not be the most widely known stock at the moment, it saw a double-digit share price rise of over 10% in the past couple of months on the NYSE.
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