Rollins, Inc. (NYSE:ROL – Get Free Report) has been assigned an average recommendation of “Hold” from the eighteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $39.25.
ROL has been the topic of a number of research reports. The Goldman Sachs Group set a $42.00 price objective on Rollins in a research report on Thursday, October 22nd. BNP Paribas Exane lowered their target price on Rollins from $44.00 to $35.00 and set a “neutral” rating for the company in a report on Tuesday, September 29th. Morgan Stanley dropped their target price on Rollins from $45.00 to $43.00 and set an “overweight” rating for the company in a research report on Tuesday, October 13th. Raymond James Financial set a $35.00 price target on Rollins in a research note on Thursday, July 23rd. Finally, Royal Bank Of Canada cut Rollins from an “outperform” rating to a “sector perform” rating and reduced their price target for the stock from $52.00 to $40.00 in a report on Thursday, July 23rd.
Rollins Stock Performance
Shares of Rollins stock opened at $38.76 on Friday. The company’s 50 day moving average price is $33.59 and its two-hundred day moving average price is $46.50. The firm has a market capitalization of $18.53 billion, a P/E ratio of 33.37, a P/E/G ratio of 4.34 and a beta of 0.73. Rollins has a fifty-two week low of $29.28 and a fifty-two week high of $66.14. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.62 and a quick ratio of 0.58.
Rollins (NYSE:ROL – Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The business services provider reported $0.34 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.34. Rollins had a net margin of 13.19% and a return on equity of 39.43%. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the business earned $0.35 earnings per share. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. On average, equities analysts forecast that Rollins will post 1.14 earnings per share for the current fiscal year.
Rollins Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be issued a $0.20 dividend. This is a boost from Rollins’s previous quarterly dividend of $0.1825. The ex-dividend date is Tuesday, November 10th. This represents a $0.80 dividend on an annualized basis and a yield of 2.1%. Rollins’s dividend payout ratio (DPR) is 66.97%.
Institutional Investors Weigh In On Rollins
Hedge funds have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC grew its position in Rollins by 1.1% during the first quarter. Sequoia Financial Advisors LLC now owns 16,365 shares of the business services provider’s stock valued at $874,000 after buying an additional 183 shares during the period. IFM Investors Pty Ltd increased its holdings in Rollins by 0.3% during the first quarter. IFM Investors Pty Ltd now owns 57,895 shares of the business services provider’s stock worth $3,092,000 after buying an additional 185 shares during the last quarter. DGS Capital Management LLC increased its holdings in Rollins by 4.0% during the first quarter. DGS Capital Management LLC now owns 5,602 shares of the business services provider’s stock worth $299,000 after buying an additional 215 shares during the last quarter. Sterling Group Wealth Management LLC raised its position in Rollins by 6.1% in the first quarter. Sterling Group Wealth Management LLC now owns 4,106 shares of the business services provider’s stock worth $219,000 after acquiring an additional 235 shares during the period. Finally, Gallacher Capital Management LLC raised its position in Rollins by 5.6% in the first quarter. Gallacher Capital Management LLC now owns 5,087 shares of the business services provider’s stock worth $272,000 after acquiring an additional 268 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.
Rollins Company Profile
Rollins, Inc is a provider of pest and termite control services for residential and commercial customers. The company offers protection against common pests such as ants, cockroaches, rodents, termites, mosquitoes and bedbugs, along with wildlife control and other specialty services.
Rollins serves customers through a portfolio of regional and international brands, including Orkin, the company’s best-known pest control business; HomeTeam Pest Defense; Western Pest Services; Critter Control; and other local and specialized operations.
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