Rollins, Inc. (NYSE:ROL) has earned a consensus recommendation of “Hold” from the eight research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $35.65.
Several research firms recently commented on ROL. ValuEngine upgraded shares of Xylem from a “hold” rating to a “buy” rating in a research report on Tuesday, April 23rd. Nomura raised their price target on shares of Spotify from $188.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, April 30th. Macquarie began coverage on shares of Rollins in a research report on Monday, April 29th. They issued a “neutral” rating and a $38.90 target price on the stock. Finally, Stifel Nicolaus lifted their target price on shares of FactSet Research Systems from $230.00 to $242.00 and gave the company a “hold” rating in a research report on Wednesday, June 26th.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Xact Kapitalforvaltning AB lifted its stake in shares of Rollins by 12.5% in the second quarter. Xact Kapitalforvaltning AB now owns 42,718 shares of the business services provider’s stock worth $1,532,000 after buying an additional 4,757 shares in the last quarter. Patten Group Inc. raised its stake in Rollins by 6.9% during the second quarter. Patten Group Inc. now owns 5,918 shares of the business services provider’s stock worth $212,000 after purchasing an additional 380 shares during the period. Riverbridge Partners LLC raised its stake in Rollins by 2.0% during the second quarter. Riverbridge Partners LLC now owns 2,096,058 shares of the business services provider’s stock worth $75,186,000 after purchasing an additional 40,222 shares during the period. DNB Asset Management AS raised its stake in Rollins by 7.4% during the second quarter. DNB Asset Management AS now owns 75,659 shares of the business services provider’s stock worth $2,714,000 after purchasing an additional 5,182 shares during the period. Finally, Amundi Pioneer Asset Management Inc. raised its stake in Rollins by 62.8% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 223,006 shares of the business services provider’s stock worth $9,281,000 after purchasing an additional 86,010 shares during the period. Institutional investors and hedge funds own 40.34% of the company’s stock.
Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.14 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.01). The firm had revenue of $429.10 million for the quarter, compared to analyst estimates of $438.55 million. Rollins had a net margin of 12.34% and a return on equity of 31.78%. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.22 EPS. As a group, equities research analysts forecast that Rollins will post 0.72 EPS for the current fiscal year.
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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