Analysts Set Rollins, Inc. (NYSE:ROL) PT at $66.08

Shares of Rollins, Inc. (NYSE:ROL) have received an average rating of “Moderate Buy” from the fifteen research firms that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $66.0769.

Several research firms have issued reports on ROL. UBS Group set a $65.00 price objective on Rollins in a report on Wednesday, January 21st. Canaccord Genuity Group set a $52.00 target price on shares of Rollins and gave the stock a “hold” rating in a report on Friday, February 13th. Sanford C. Bernstein reissued an “outperform” rating on shares of Rollins in a research report on Tuesday, December 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a report on Monday, December 29th. Finally, Wells Fargo & Company set a $56.00 price target on shares of Rollins and gave the company an “equal weight” rating in a research report on Thursday, February 12th.

Rollins Trading Down 0.6%

Rollins stock opened at $52.47 on Friday. The firm has a market cap of $25.29 billion, a price-to-earnings ratio of 48.14, a price-to-earnings-growth ratio of 3.26 and a beta of 0.80. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.55 and a current ratio of 0.60. The firm’s 50 day moving average price is $59.54 and its two-hundred day moving average price is $58.98. Rollins has a 1 year low of $49.73 and a 1 year high of $66.14.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, February 11th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). Rollins had a return on equity of 38.16% and a net margin of 14.00%.The company had revenue of $912.91 million during the quarter, compared to analyst estimates of $925.08 million. During the same quarter in the previous year, the firm earned $0.22 earnings per share. The business’s revenue was up 9.7% compared to the same quarter last year. On average, research analysts predict that Rollins will post 1.09 EPS for the current fiscal year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th were issued a dividend of $0.1825 per share. The ex-dividend date was Wednesday, February 25th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.4%. Rollins’s payout ratio is currently 66.97%.

Insider Activity

In related news, CEO Jerry Jr. Gahlhoff sold 4,510 shares of the company’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $63.26, for a total transaction of $285,302.60. Following the transaction, the chief executive officer directly owned 328,386 shares of the company’s stock, valued at approximately $20,773,698.36. The trade was a 1.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Gary W. Rollins sold 19,094 shares of the stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $63.26, for a total value of $1,207,886.44. Following the completion of the sale, the chairman directly owned 5,322,469 shares of the company’s stock, valued at approximately $336,699,388.94. This represents a 0.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 69,435 shares of company stock valued at $4,321,384 in the last ninety days. Corporate insiders own 4.47% of the company’s stock.

Institutional Investors Weigh In On Rollins

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Rockefeller Capital Management L.P. increased its holdings in Rollins by 108.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 9,905 shares of the business services provider’s stock worth $595,000 after buying an additional 5,156 shares during the last quarter. Larry Mathis Financial Planning LLC acquired a new stake in Rollins in the fourth quarter valued at approximately $245,000. Montanaro Asset Management Ltd lifted its stake in Rollins by 2.7% in the fourth quarter. Montanaro Asset Management Ltd now owns 305,000 shares of the business services provider’s stock valued at $18,306,000 after acquiring an additional 8,000 shares during the last quarter. Corient Private Wealth LLC grew its position in Rollins by 0.7% in the fourth quarter. Corient Private Wealth LLC now owns 495,487 shares of the business services provider’s stock worth $29,739,000 after acquiring an additional 3,296 shares in the last quarter. Finally, Bayban bought a new stake in Rollins in the fourth quarter worth approximately $49,000. 51.79% of the stock is owned by hedge funds and other institutional investors.

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.