Rollins (NYSE:ROL) Given New $55.00 Price Target at Wells Fargo & Company

Rollins (NYSE:ROL) had its target price trimmed by Wells Fargo & Company from $58.00 to $55.00 in a research note released on Friday,Benzinga reports. The brokerage currently has an equal weight rating on the business services provider’s stock.

A number of other brokerages have also recently weighed in on ROL. Loop Capital began coverage on shares of Rollins in a research report on Monday, April 13th. They set a “hold” rating and a $56.00 price target for the company. The Goldman Sachs Group reissued a “buy” rating and issued a $67.00 price objective on shares of Rollins in a research report on Thursday, April 23rd. Royal Bank Of Canada set a $67.00 price objective on shares of Rollins and gave the company an “outperform” rating in a research report on Thursday, February 12th. Bank of America began coverage on shares of Rollins in a research report on Tuesday, February 17th. They issued a “buy” rating and a $67.00 price objective for the company. Finally, Morgan Stanley set a $70.00 price objective on shares of Rollins in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $65.20.

Rollins Stock Up 0.0%

Shares of Rollins stock opened at $53.42 on Friday. The company has a fifty day moving average price of $54.63 and a 200 day moving average price of $58.44. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. Rollins has a twelve month low of $51.95 and a twelve month high of $66.14. The stock has a market cap of $25.72 billion, a price-to-earnings ratio of 49.01, a price-to-earnings-growth ratio of 3.29 and a beta of 0.79.

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

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th will be paid a $0.1825 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, May 11th. Rollins’s dividend payout ratio is 66.97%.

Insider Activity

In other news, insider Elizabeth B. Chandler sold 14,201 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $59.36, for a total value of $842,971.36. Following the sale, the insider owned 55,977 shares in the company, valued at approximately $3,322,794.72. This represents a 20.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 5.77% of the company’s stock.

Institutional Investors Weigh In On Rollins

Institutional investors have recently modified their holdings of the stock. DV Equities LLC acquired a new stake in shares of Rollins in the 4th quarter valued at about $25,000. Cornerstone Planning Group LLC raised its stake 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 valued at $26,000 after purchasing an additional 354 shares in the last quarter. Board of the Pension Protection Fund acquired a new stake in shares of Rollins in the 4th quarter valued at about $30,000. Root Financial Partners LLC acquired a new stake in shares of Rollins in the 3rd quarter valued at about $31,000. Finally, Torren Management LLC acquired a new stake in shares of Rollins in the 4th quarter valued at about $36,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins News Summary

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Rollins reinforced its long-term value-creation strategy, emphasizing a resilient capital-light model, recurring customer relationships, disciplined M&A, and a medium-term growth algorithm. Rollins Reinforces Long-Term Value Creation Strategy and Medium-Term Growth Algorithm
• Positive Sentiment: Analysts continue to see Rollins as a durable business with long-term earnings potential, supported by steady demand and ongoing margin opportunities. Analyst Reiterates Buy on Rollins
• Positive Sentiment: Rollins’ latest earnings were solid, with revenue beating expectations and EPS meeting estimates, which helps reinforce the company’s stable operating profile. Rollins Inc. At 52-Week Lows Despite Steady Long-Term Contracts
• Neutral Sentiment: Some commentary notes that Rollins has underperformed the broader market over the past year, but analysts are still moderately optimistic about the stock’s prospects. Rollins Stock: Analyst Estimates & Ratings
• Neutral Sentiment: Independent commentary suggests the stock is near 52-week lows, which may attract value investors but also reflects recent weakness. Analyst Initiates Buy on Rollins

Rollins Company Profile

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.