SITE Stock Forecast & Price Target

SiteOne Landscape Supply Inc is projected to experience a positive financial trajectory, with EBITDA estimated to rise approximately 3% year-over-year, reaching $410 million in 2025, supported by an increasing EBITDA margin. The company is also expected to maintain positive volume growth, bolstered by anticipated share gains, as reflected in the guidance for organic daily sales growth of 2.5% for Q4. Overall, the combination of rising EBITDA and organic sales growth suggests a robust outlook for the company's financial performance moving forward.

SiteOne Landscape Supply is experiencing a decline in projected fiscal year revenue growth, which has been adjusted downward to 0.5% from an initial estimate of 1%, largely due to a weaker outlook for new residential projects. The anticipated deflation in grass seed prices, projected to be between 10-20% year-over-year in the second half of the fiscal year, has contributed significantly to subdued pricing trends, reflecting a challenging pricing environment across its product offerings. Furthermore, the company's EBITDA guidance has been revised downwards, with the midpoint falling below market expectations, indicating a more cautious financial outlook moving forward.