Rollins (ROL) Stock Rating Lowered by Zacks Investment Research

Rollins (NYSE:ROL) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Saturday.

According to Zacks, “Rollins, Inc. is a premier global consumer and commercial services company. Rollins, Inc. provides essential pest control services and protection against termite damage, rodents and insects. Through its wholly owned subsidiaries, Orkin LLC., Orkin Canada, Western Pest Services, The Industrial Fumigant Company, HomeTeam Pest Defense, AllPest, Critter Control, Inc., Trutech LLC., Waltham Services LLC., PermaTreat, Crane Pest Control, Statewide Pest Control, Murray Pest Control, Safeguard Pest Control, and Northwest Exterminating. “

Separately, William Blair began coverage on shares of Rollins in a research note on Monday, January 29th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $47.67.

Rollins stock opened at $52.16 on Friday. The company has a market capitalization of $11,381.83, a PE ratio of 59.95 and a beta of 0.22. Rollins has a 1 year low of $37.25 and a 1 year high of $54.25.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, January 24th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $414.70 million for the quarter, compared to the consensus estimate of $412.08 million. Rollins had a net margin of 10.70% and a return on equity of 29.76%. The business’s revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.17 EPS. sell-side analysts anticipate that Rollins will post 1.1 earnings per share for the current fiscal year.

In other news, COO John F. Wilson sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $50.09, for a total value of $1,001,800.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 56.30% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Stifel Financial Corp increased its stake in Rollins by 2.9% during the 3rd quarter. Stifel Financial Corp now owns 42,101 shares of the business services provider’s stock worth $1,944,000 after buying an additional 1,184 shares during the period. Dorsey Wright & Associates increased its stake in Rollins by 1.3% during the 4th quarter. Dorsey Wright & Associates now owns 112,054 shares of the business services provider’s stock worth $5,214,000 after buying an additional 1,488 shares during the period. Swiss National Bank increased its stake in Rollins by 0.4% during the 4th quarter. Swiss National Bank now owns 359,900 shares of the business services provider’s stock worth $16,746,000 after buying an additional 1,600 shares during the period. Toronto Dominion Bank increased its stake in Rollins by 39.5% during the 4th quarter. Toronto Dominion Bank now owns 5,781 shares of the business services provider’s stock worth $269,000 after buying an additional 1,637 shares during the period. Finally, ETRADE Capital Management LLC increased its stake in Rollins by 19.5% during the 4th quarter. ETRADE Capital Management LLC now owns 12,256 shares of the business services provider’s stock worth $570,000 after buying an additional 1,998 shares during the period. 38.14% of the stock is currently owned by hedge funds and other institutional investors.

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Rollins Company Profile

Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.

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