Rollins (NYSE:ROL) Receives “Neutral” Rating from JPMorgan Chase & Co.

Rollins (NYSE:ROL)‘s stock had its “neutral” rating restated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday,Benzinga reports. They presently have a $45.00 price objective on the business services provider’s stock, down from their prior price objective of $70.00. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 14.12% from the company’s previous close.

ROL has been the topic of several other research reports. Sanford C. Bernstein cut shares of Rollins from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $70.00 to $52.00 in a research report on Friday, May 29th. Wells Fargo & Company cut Rollins from an “overweight” rating to an “underweight” rating and reduced their target price for the company from $46.00 to $32.00 in a research note on Friday. UBS Group set a $50.00 price target on Rollins in a research report on Wednesday, July 15th. Loop Capital initiated coverage on Rollins in a research note on Monday, April 13th. They set a “hold” rating and a $56.00 price target for the company. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $67.00 price objective on shares of Rollins in a research report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Rollins has an average rating of “Hold” and a consensus price target of $51.06.

Rollins Stock Down 9.3%

ROL opened at $39.43 on Friday. The firm has a market capitalization of $18.98 billion, a P/E ratio of 35.85, a price-to-earnings-growth ratio of 2.67 and a beta of 0.75. Rollins has a one year low of $36.59 and a one year high of $66.14. The company has a fifty day moving average price of $46.40 and a 200-day moving average price of $53.87. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.65 and a quick ratio of 0.59.

Rollins (NYSE:ROL) last issued its quarterly earnings data 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 business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Rollins had a return on equity of 38.81% and a net margin of 13.55%.The company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the business posted $0.30 EPS. Equities research analysts expect that Rollins will post 1.24 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rollins

Large investors have recently made changes to their positions in the business. LRI Investments LLC increased its stake in Rollins by 8.7% in the fourth quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock valued at $138,000 after purchasing an additional 183 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Rollins by 1.1% in the first quarter. Sequoia Financial Advisors LLC now owns 16,365 shares of the business services provider’s stock worth $874,000 after acquiring an additional 183 shares during the last quarter. IFM Investors Pty Ltd grew its holdings in Rollins by 0.3% in the first quarter. IFM Investors Pty Ltd now owns 57,895 shares of the business services provider’s stock valued at $3,092,000 after purchasing an additional 185 shares during the period. New Mexico Educational Retirement Board grew its stake in shares of Rollins by 1.6% during the 4th quarter. New Mexico Educational Retirement Board now owns 12,875 shares of the business services provider’s stock valued at $773,000 after buying an additional 200 shares during the period. Finally, Inspire Investing LLC increased its holdings in shares of Rollins by 3.9% during the 4th quarter. Inspire Investing LLC now owns 5,457 shares of the business services provider’s stock worth $328,000 after buying an additional 203 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

Rollins News Roundup

Here are the key news stories impacting Rollins this week:

• Negative Sentiment: Rollins missed both earnings and revenue estimates, raising concerns that growth is slowing more than the market expected.
• Negative Sentiment: Management pointed to softer residential lead volume and margin pressure, suggesting near-term profitability may remain under strain.
• Neutral Sentiment: The company still delivered 7.9% year-over-year revenue growth and continued its long streak of quarterly revenue gains.
• Neutral Sentiment: Bank of America reaffirmed a neutral rating but cut its price target to $35 from $55, reflecting a more cautious stance on the stock.

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.