Professional
Added to YB: 2022-07-22
Pitch date: 2022-07-22
SITE [bullish]
SiteOne Landscape Supply, Inc.
+2.92%
current return
Author Info
No bio for this author
Company Info
SiteOne Landscape Supply, Inc., together with its subsidiaries, engages in the wholesale distribution of landscape supplies in the United States and Canada.
Market Cap
$5.7B
Pitch Price
$126.19
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.12
P/E
41.77
EV/Sales
1.41
Sector
Trading Companies and Distributors
Category
value
Choice Equities Capital new position: SiteOne Landscaping Supply (SITE)
SITE: Dominant lawncare supplies distributor, 5x nearest peer. Fragmented industry ripe for consolidation. Stock -60% from highs, implying impaired growth. Even w/ 25% EBITDA cut, trades at cheapest valuation since 2015 IPO. Strong balance sheet to pursue long-term growth & M&A.
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