Shares of Rollins, Inc. (NYSE:ROL) have earned an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $38.15.
A number of brokerages have weighed in on ROL. Royal Bank of Canada assumed coverage on Rollins in a report on Tuesday, October 8th. They set a “sector perform” rating and a $34.00 price target for the company. Stifel Nicolaus upgraded Rollins from a “sell” rating to a “hold” rating and raised their target price for the company from $28.50 to $34.00 in a research note on Wednesday, November 6th. Jefferies Financial Group assumed coverage on Rollins in a research note on Wednesday, November 27th. They issued a “hold” rating and a $38.00 target price for the company. Finally, Zacks Investment Research upgraded Rollins from a “sell” rating to a “hold” rating and set a $41.00 target price for the company in a research note on Thursday, October 24th.
Rollins stock traded down $0.93 during trading hours on Thursday, reaching $33.68. 1,238,129 shares of the company’s stock were exchanged, compared to its average volume of 1,358,619. The company has a quick ratio of 0.75, a current ratio of 0.79 and a debt-to-equity ratio of 0.39. The firm’s 50 day simple moving average is $36.82 and its 200 day simple moving average is $35.65. Rollins has a twelve month low of $31.36 and a twelve month high of $43.91. The firm has a market capitalization of $11.33 billion, a PE ratio of 47.44 and a beta of 0.31.
Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $0.22 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.22. Rollins had a return on equity of 31.20% and a net margin of 10.42%. The firm had revenue of $556.50 million during the quarter, compared to the consensus estimate of $547.92 million. During the same period last year, the business posted $0.31 EPS. The business’s revenue was up 14.1% compared to the same quarter last year. Analysts anticipate that Rollins will post 0.73 EPS for the current year.
The company also recently announced a None dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Monday, November 11th will be paid a $0.155 dividend. The ex-dividend date of this dividend is Thursday, November 7th. Rollins’s dividend payout ratio is presently 59.15%.
Several institutional investors and hedge funds have recently modified their holdings of the company. JS Capital Management LLC acquired a new stake in shares of Rollins in the 3rd quarter valued at about $266,000. Millennium Management LLC grew its stake in shares of Rollins by 432.8% in the 3rd quarter. Millennium Management LLC now owns 227,156 shares of the business services provider’s stock valued at $7,739,000 after buying an additional 184,521 shares during the period. Man Group plc grew its stake in shares of Rollins by 175.9% in the 3rd quarter. Man Group plc now owns 90,405 shares of the business services provider’s stock valued at $3,080,000 after buying an additional 57,632 shares during the period. Select Equity Group L.P. acquired a new stake in shares of Rollins in the 3rd quarter valued at about $32,724,000. Finally, Squarepoint Ops LLC grew its stake in shares of Rollins by 4,291.1% in the 3rd quarter. Squarepoint Ops LLC now owns 362,791 shares of the business services provider’s stock valued at $12,360,000 after buying an additional 354,529 shares during the period. Institutional investors own 42.39% of the company’s stock.
Rollins Company Profile
Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.
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