Rollins, Inc. (NYSE:ROL) Expected to Post Earnings of $0.22 Per Share

Wall Street brokerages expect that Rollins, Inc. (NYSE:ROL) will report $0.22 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Rollins’ earnings. The lowest EPS estimate is $0.20 and the highest is $0.24. Rollins reported earnings of $0.21 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 4.8%. The business is scheduled to report its next earnings results on Wednesday, October 23rd.

According to Zacks, analysts expect that Rollins will report full-year earnings of $0.72 per share for the current fiscal year, with EPS estimates ranging from $0.70 to $0.74. For the next financial year, analysts forecast that the company will report earnings of $0.79 per share, with EPS estimates ranging from $0.78 to $0.80. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Rollins.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, July 24th. The business services provider reported $0.21 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.21. Rollins had a return on equity of 31.43% and a net margin of 11.99%. The company had revenue of $524.00 million for the quarter, compared to analysts’ expectations of $523.88 million. During the same quarter last year, the business earned $0.30 earnings per share. Rollins’s revenue was up 9.1% on a year-over-year basis.

A number of research analysts recently commented on the company. Stifel Nicolaus cut Rollins from a “hold” rating to a “sell” rating and decreased their price target for the stock from $36.50 to $25.00 in a research report on Wednesday, June 26th. Zacks Investment Research upgraded Rollins from a “sell” rating to a “hold” rating and set a $37.00 price target on the stock in a research report on Monday, July 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $36.25.

A number of institutional investors have recently added to or reduced their stakes in ROL. Dimensional Fund Advisors LP grew its position in Rollins by 61.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,042,411 shares of the business services provider’s stock valued at $37,629,000 after acquiring an additional 397,259 shares during the last quarter. Raymond James & Associates grew its position in Rollins by 6.5% in the first quarter. Raymond James & Associates now owns 127,415 shares of the business services provider’s stock valued at $5,303,000 after acquiring an additional 7,729 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Rollins by 7.2% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,617 shares of the business services provider’s stock valued at $359,000 after acquiring an additional 581 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its position in Rollins by 0.3% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 577,880 shares of the business services provider’s stock valued at $24,051,000 after acquiring an additional 1,561 shares during the last quarter. Finally, Keybank National Association OH grew its position in Rollins by 12.6% in the first quarter. Keybank National Association OH now owns 10,243 shares of the business services provider’s stock valued at $426,000 after acquiring an additional 1,143 shares during the last quarter. Hedge funds and other institutional investors own 42.16% of the company’s stock.

Shares of NYSE ROL traded down $0.57 during mid-day trading on Thursday, reaching $33.50. The company had a trading volume of 1,140,342 shares, compared to its average volume of 1,361,897. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 0.77. Rollins has a one year low of $31.36 and a one year high of $43.91. The firm has a market cap of $10.95 billion, a price-to-earnings ratio of 47.18 and a beta of 0.35. The business’s 50-day simple moving average is $33.45 and its 200 day simple moving average is $36.98.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Friday, August 9th were given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date was Thursday, August 8th. Rollins’s dividend payout ratio is presently 59.15%.

About Rollins

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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Earnings History and Estimates for Rollins (NYSE:ROL)

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