Stifel Reiterates SiteOne Landscape Supply (SITE) at Hold: Positively Biased for 3Q25

Stifel analyst W, Andrew Carter reiterated a Hold rating and $140.00 price target on SiteOne Landscape Supply (NYSE: SITE).

The analyst commented, "Ahead of SITE 3Q25 earnings scheduled for Wednesday October 29th BMO, we are maintaining our Hold rating but outlining a positive bias ahead of 3Q25 results. Our 3Q25 Proprietary Landscape Survey suggested an improving environment with favorable weather across all regions while we view POOL’s Horizon 3Q25 performance as a clear positive. We are slightly increasing our estimates for two branches closed after 2Q25 earnings while increasing our estimate for stronger organic daily sales and gross margin performances where we see the most upside with SITE benefiting from tariff-based pricing while in the late innings of enduring commodity deflation. We believe our consensus matching FY26E outlook appropriately considers a soft 2026 volume environment with internal margin initiatives providing support/upside potential. We will be watchful of the price performance with SITE’s premium to peers appropriate but potentially poised to expand amid increased investor attention and enthusiasm."

For an analyst ratings summary and ratings history on SiteOne Landscape Supply click here. For more ratings news on SiteOne Landscape Supply click here.

Shares of SiteOne Landscape Supply closed at $125.07 yesterday.

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