Rollins (NYSE:ROL) Reaches New 52-Week Low – Should You Sell?

Rollins, Inc. (NYSE:ROL) shares reached a new 52-week low on Monday . The company traded as low as $32.42 and last traded at $32.1880, with a volume of 16335172 shares traded. The stock had previously closed at $32.43.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Barclays set a $45.00 price objective on Rollins and gave the stock an “overweight” rating in a report on Friday, July 24th. Zacks Research lowered Rollins from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. Raymond James Financial set a $35.00 price target on Rollins in a research report on Thursday, July 23rd. Argus downgraded Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Finally, Morgan Stanley decreased their price objective on shares of Rollins from $70.00 to $65.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $48.71.

Rollins Stock Performance

The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $15.47 billion, a PE ratio of 29.19, a PEG ratio of 3.49 and a beta of 0.74. The stock’s 50 day moving average price is $37.71 and its two-hundred day moving average price is $46.52.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Rollins had a net margin of 13.55% and a return on equity of 38.81%. Rollins’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.30 EPS. On average, equities analysts expect that Rollins, Inc. will post 1.18 earnings per share for the current year.

Rollins Dividend Announcement

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

Institutional Trading of Rollins

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. National Pension Service lifted its stake in shares of Rollins by 138.3% during the fourth quarter. National Pension Service now owns 51,277 shares of the business services provider’s stock valued at $3,078,000 after buying an additional 29,758 shares during the period. Dudley & Shanley Inc. increased its stake in Rollins by 8.8% in the second quarter. Dudley & Shanley Inc. now owns 495,655 shares of the business services provider’s stock valued at $20,689,000 after purchasing an additional 39,925 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in Rollins by 16.8% in the 1st quarter. Public Employees Retirement System of Ohio now owns 216,278 shares of the business services provider’s stock worth $11,551,000 after buying an additional 31,173 shares during the last quarter. Danske Bank A S purchased a new stake in Rollins in the 2nd quarter valued at about $61,792,000. Finally, USS Investment Management Ltd increased its stake in shares of Rollins by 55.9% during the 1st quarter. USS Investment Management Ltd now owns 3,131,337 shares of the business services provider’s stock valued at $167,260,000 after acquiring an additional 1,123,237 shares during the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Rollins Company Profile

Rollins, Inc is a global provider of pest and termite control services for residential and commercial customers. The company helps protect homes, businesses, and other properties from insects, rodents, termites, wildlife, and other pests through inspection, prevention, treatment, and ongoing monitoring programs.

Rollins operates through a portfolio of recognized pest control brands, including Orkin, Terminix, HomeTeam Pest Defense, Western Exterminator, and Critter Control. Its services include general pest management, termite protection, mosquito and bed bug control, wildlife management, and specialized commercial pest control programs.

Founded in 1948 and headquartered in Atlanta, Georgia, Rollins serves customers across the United States and internationally.