BNP Paribas Exane Issues Pessimistic Forecast for Rollins (NYSE:ROL) Stock Price

Rollins (NYSE:ROL) had its price target cut by stock analysts at BNP Paribas Exane from $44.00 to $35.00 in a research note issued on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the business services provider’s stock. BNP Paribas Exane’s target price would indicate a potential upside of 14.36% from the stock’s previous close.

ROL has been the topic of several other reports. Wells Fargo & Company cut shares of Rollins from an “overweight” rating to an “underweight” rating and dropped their target price for the stock from $46.00 to $32.00 in a report on Friday, July 24th. Piper Sandler lowered shares of Rollins from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $46.00 to $33.00 in a report on Wednesday, September 23rd. UBS Group reiterated a “neutral” rating and set a $43.00 price objective (down from $50.00) on shares of Rollins in a research note on Friday, July 24th. Morgan Stanley cut their price objective on shares of Rollins from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Wednesday, July 8th. Finally, Royal Bank Of Canada lowered Rollins from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from $52.00 to $40.00 in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Rollins currently has a consensus rating of “Hold” and a consensus target price of $47.41.

Rollins Trading Up 1.9%

Shares of NYSE ROL opened at $30.61 on Tuesday. Rollins has a twelve month low of $29.74 and a twelve month high of $66.14. The firm has a market cap of $14.73 billion, a PE ratio of 27.82, a price-to-earnings-growth ratio of 3.27 and a beta of 0.74. The business has a fifty day simple moving average of $36.11 and a two-hundred day simple moving average of $45.40. The company has a quick ratio of 0.58, a current ratio of 0.63 and a debt-to-equity ratio of 0.34.

Rollins (NYSE:ROL) last posted its quarterly 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 firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.09 billion. Rollins had a return on equity of 38.81% and a net margin of 13.55%.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. Analysts expect that Rollins will post 1.17 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Raiffeisen Bank International AG grew its holdings in Rollins by 73.5% in the second quarter. Raiffeisen Bank International AG now owns 642 shares of the business services provider’s stock worth $27,000 after purchasing an additional 272 shares during the last quarter. Westpac Banking Corp purchased a new stake in shares of Rollins during the 2nd quarter valued at $42,000. Fideuram Asset Management Ireland dac acquired a new stake in shares of Rollins in the 4th quarter worth $43,000. Root Financial Partners LLC boosted its position in shares of Rollins by 47.3% in the 4th quarter. Root Financial Partners LLC now owns 782 shares of the business services provider’s stock worth $47,000 after purchasing an additional 251 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its stake in Rollins by 121.6% during the 4th quarter. Hantz Financial Services Inc. now owns 820 shares of the business services provider’s stock worth $49,000 after buying an additional 450 shares during the last quarter. 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.