Rollins (NYSE:ROL) Announces Earnings Results

Rollins (NYSE:ROL) announced its quarterly earnings data on Wednesday. The business services provider reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20, Briefing.com reports. The company had revenue of $748.35 million during the quarter, compared to analysts’ expectations of $739.12 million. Rollins had a return on equity of 37.47% and a net margin of 13.94%. Rollins’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.18 EPS.

Rollins Price Performance

NYSE:ROL traded up $0.60 during mid-day trading on Friday, reaching $44.87. The stock had a trading volume of 225,468 shares, compared to its average volume of 1,939,715. The stock has a 50-day simple moving average of $44.46 and a two-hundred day simple moving average of $42.06. The stock has a market capitalization of $21.74 billion, a PE ratio of 49.75, a P/E/G ratio of 3.38 and a beta of 0.63. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.71 and a quick ratio of 0.65. Rollins has a 12 month low of $32.19 and a 12 month high of $47.45.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, May 9th. This represents a $0.60 annualized dividend and a yield of 1.34%. Rollins’s dividend payout ratio is 67.42%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. UBS Group reaffirmed a “neutral” rating and set a $49.00 price objective on shares of Rollins in a research report on Monday, April 15th. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a report on Thursday. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a report on Thursday, February 15th. Finally, The Goldman Sachs Group began coverage on Rollins in a research note on Tuesday, January 2nd. They set a “buy” rating and a $49.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $46.83.

Insider Buying and Selling

In other Rollins news, insider Traci Hornfeck sold 2,677 shares of the company’s stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the transaction, the insider now owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total transaction of $230,900.00. Following the sale, the chief financial officer now owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Traci Hornfeck sold 2,677 shares of the business’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the sale, the insider now directly owns 14,376 shares of the company’s stock, valued at $625,068.48. The disclosure for this sale can be found here. Insiders sold a total of 22,824 shares of company stock worth $994,558 in the last three months. 4.69% of the stock is owned by corporate insiders.

About Rollins

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.