Rollins (NYSE:ROL) Reaches New 1-Year Low – Should You Sell?

Shares of Rollins, Inc. (NYSE:ROL) reached a new 52-week low on Thursday . The stock traded as low as $35.81 and last traded at $36.06, with a volume of 470210 shares traded. The stock had previously closed at $36.70.

Analysts Set New Price Targets

Several equities research analysts recently commented on ROL shares. Citigroup initiated coverage on Rollins in a research report on Wednesday, July 15th. They set a “neutral” rating and a $46.00 target price on the stock. Barclays set a $45.00 target price on Rollins and gave the stock an “overweight” rating in a report on Friday, July 24th. Bank of America reissued a “neutral” rating and issued a $35.00 price target (down from $55.00) on shares of Rollins in a research note on Thursday, July 23rd. Canaccord Genuity Group set a $45.00 price target on Rollins and gave the stock a “hold” rating in a report on Thursday, July 23rd. Finally, Sanford C. Bernstein downgraded shares of Rollins from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $70.00 to $52.00 in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $48.71.

Rollins Stock Down 2.2%

The firm has a market cap of $17.28 billion, a P/E ratio of 32.66, a price-to-earnings-growth ratio of 3.98 and a beta of 0.75. The stock’s 50 day simple moving average is $40.68 and its 200 day simple moving average is $49.65. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.58 and a current ratio of 0.63.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). Rollins had a net margin of 13.55% and a return on equity of 38.81%. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the business posted $0.30 earnings per share. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. Research analysts anticipate that Rollins, Inc. will post 1.18 EPS for the current year.

Rollins Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be given a $0.1825 dividend. This represents a $0.73 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, August 10th. Rollins’s dividend payout ratio is presently 66.36%.

Hedge Funds Weigh In On Rollins

Hedge funds have recently modified their holdings of the company. LRI Investments LLC raised its stake in Rollins by 8.7% in the 4th 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 Rollins by 1.1% during 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 boosted its position 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 acquiring an additional 185 shares during the last quarter. New Mexico Educational Retirement Board boosted its holdings 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 worth $773,000 after purchasing an additional 200 shares during the last quarter. Finally, Inspire Investing LLC boosted its stake in Rollins by 3.9% during the fourth 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. Institutional investors own 51.79% of the company’s 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.