Rollins, Inc. (NYSE:ROL) Receives $64.00 Average Price Target from Brokerages

Shares of Rollins, Inc. (NYSE:ROL) have been given a consensus recommendation of “Moderate Buy” by the seventeen analysts that are presently covering the firm, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $64.00.

Several research firms have recently commented on ROL. Morgan Stanley set a $70.00 target price on Rollins in a research note on Friday, February 13th. Weiss Ratings cut Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 21st. The Goldman Sachs Group reissued a “buy” rating and issued a $67.00 target price on shares of Rollins in a research note on Thursday, April 23rd. UBS Group lifted their target price on Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, Bank of America began coverage on Rollins in a research note on Tuesday, February 17th. They issued a “buy” rating and a $67.00 target price for the company.

Institutional Investors Weigh In On Rollins

Several hedge funds and other institutional investors have recently made changes to their positions in ROL. DV Equities LLC bought a new position in shares of Rollins in the 4th quarter worth $25,000. Cornerstone Planning Group LLC boosted its position in shares of Rollins by 528.4% in the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after purchasing an additional 354 shares during the last quarter. Board of the Pension Protection Fund bought a new position in shares of Rollins in the 4th quarter worth $30,000. Torren Management LLC bought a new position in shares of Rollins in the 4th quarter worth $36,000. Finally, Fideuram Asset Management Ireland dac bought a new position in shares of Rollins in the 4th quarter worth $43,000. 51.79% of the stock is owned by institutional investors and hedge funds.

Rollins Trading Up 0.6%

ROL stock opened at $47.84 on Thursday. The business has a fifty day moving average price of $52.78 and a 200 day moving average price of $57.39. Rollins has a fifty-two week low of $44.43 and a fifty-two week high of $66.14. The stock has a market capitalization of $23.03 billion, a price-to-earnings ratio of 43.89, a P/E/G ratio of 2.93 and a beta of 0.73. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.65 and a quick ratio of 0.59.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. The firm had revenue of $906.42 million during the quarter, compared to analysts’ expectations of $895.17 million. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The business’s revenue was up 10.2% on a year-over-year basis. During the same period last year, the firm posted $0.22 EPS. Analysts expect that Rollins will post 1.24 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th were paid a $0.1825 dividend. This represents a $0.73 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, May 11th. Rollins’s dividend payout ratio (DPR) is 66.97%.

About Rollins

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.