Rollins, Inc. (ROL) – What Are Analysts Saying About This Stock?

Rollins, Inc. (NYSE:ROL) has earned an average rating of “Hold” from the nineteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $45.94.

ROL has been the subject of several analyst reports. Wells Fargo & Company reaffirmed an “underweight” rating and set a $27.00 price objective (down from $32.00) on shares of Rollins in a research report on Tuesday, September 29th. Weiss Ratings cut shares of Rollins from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. Canaccord Genuity Group set a $45.00 price objective on shares of Rollins and gave the company a “hold” rating in a research note on Thursday, July 23rd. Citigroup reissued an “underperform” rating on shares of Rollins in a report on Monday, October 5th. Finally, BNP Paribas Exane reduced their price objective on Rollins from $44.00 to $35.00 and set a “neutral” rating for the company in a research note on Tuesday, September 29th.

Institutional Trading of Rollins

A number of hedge funds have recently added to or reduced their stakes in the stock. Wealth Enhancement Trust Services Inc. raised its stake in shares of Rollins by 108.9% during the third quarter. Wealth Enhancement Trust Services Inc. now owns 36,997 shares of the business services provider’s stock valued at $1,114,000 after purchasing an additional 19,287 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Rollins by 17.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 11,125 shares of the business services provider’s stock valued at $464,000 after acquiring an additional 1,692 shares in the last quarter. State Street Corp raised its holdings in Rollins by 3.7% during the second quarter. State Street Corp now owns 13,561,228 shares of the business services provider’s stock worth $566,046,000 after purchasing an additional 488,046 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in Rollins by 580.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,090,688 shares of the business services provider’s stock valued at $45,525,000 after purchasing an additional 930,397 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new stake in shares of Rollins in the 2nd quarter worth $3,619,000. 51.79% of the stock is owned by institutional investors and hedge funds.

Rollins Price Performance

Shares of ROL opened at $31.95 on Wednesday. The company has a market cap of $15.37 billion, a P/E ratio of 29.05, a PEG ratio of 3.56 and a beta of 0.73. Rollins has a fifty-two week low of $29.28 and a fifty-two week high of $66.14. The company has a quick ratio of 0.58, a current ratio of 0.63 and a debt-to-equity ratio of 0.34. The firm’s 50 day moving average price is $34.47 and its 200 day moving average price is $43.88.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.02). Rollins had a net margin of 13.55% and a return on equity of 38.81%. The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the business posted $0.30 earnings per share. The firm’s revenue was up 7.9% on a year-over-year basis. On average, research analysts forecast that Rollins will post 1.16 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were issued a dividend of $0.1825 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 2.3%. Rollins’s dividend payout ratio (DPR) is currently 66.36%.

About Rollins

Rollins, Inc is a global provider of pest and wildlife control services. The company serves residential and commercial customers with solutions for common pests, including insects, rodents, termites, bedbugs and mosquitoes. Its services also include wildlife management, sanitation and related specialty treatments.

Rollins operates through a portfolio of well-known brands, including Orkin, Terminix, HomeTeam Pest Defense and Critter Control. These brands provide recurring pest prevention, inspections, extermination, termite control and other property protection services to homeowners, businesses and institutions.

Founded in 1948 and headquartered in Atlanta, Georgia, Rollins has expanded its operations across the United States and into international markets.