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Bullish Case: SITE's historical price performance shows significant uptrends over extended periods. Recent acquisitions and analyst upgrades suggest continued expansion and market confidence, supporting medium-term growth potential.


Bearish Case: Recent insider sales and high analyst valuation thresholds indicate potential overvaluation concerns. Flat options term structure and mixed institutional moves may hint at uncertainty and risk of downside revaluation.


Potential Outcomes:

1. Acquisition synergies drive market share, enhancing earnings (30%).

2. Insider sales signal overvaluation, leading to a price correction (35%).

3. Market stabilizes with nominal gains/losses amid analyst revisions (35%).


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April 26, 2024


SiteOne Landscape Supply Forecast

SITE        SiteOne Landscape Supply
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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TRMB Forecast + Options Trading Strategies   TRMB  Trimble (0.88)


HIW Forecast + Options Trading Strategies   HIW  Highwoods Properties (0.86)


SG Forecast + Options Trading Strategies   SG  Sweetgreen (0.84)


CMI Forecast + Options Trading Strategies   CMI  Cummins (0.82)



Uncorrelated Stock Forecasts

Assets with little price relationship to SITE



CCI Forecast + Options Trading Strategies   CCI  Crown Castle International (0.0)


DQ Forecast + Options Trading Strategies   DQ  Daqo New Energy (-0.0)


NTR Forecast + Options Trading Strategies   NTR  Nutrien (-0.0)


FOXF Forecast + Options Trading Strategies   FOXF  Fox Factory (-0.0)


NFG Forecast + Options Trading Strategies   NFG  National Fuel Gas (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SITE



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.62)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.73)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.74)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.74)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.76)





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