Rollins, Inc. (NYSE:ROL) Receives Average Rating of “Hold” from Analysts

Rollins, Inc. (NYSE:ROL) has earned a consensus recommendation of “Hold” from the nineteen brokerages that are presently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $48.7059.

ROL has been the subject of several analyst reports. JPMorgan Chase & Co. restated an “underweight” rating and issued a $45.00 target price (down from $70.00) on shares of Rollins in a report on Friday, July 24th. Bank of America reiterated a “neutral” rating and set a $35.00 price target (down from $55.00) on shares of Rollins in a report on Thursday, July 23rd. BNP Paribas Exane decreased their price objective on shares of Rollins from $63.00 to $44.00 and set a “hold” rating for the company in a research note on Friday, July 24th. Zacks Research downgraded shares of Rollins from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Finally, Citigroup initiated coverage on Rollins in a research report on Wednesday, July 15th. They set a “neutral” rating and a $46.00 target price for the company.

Rollins Stock Performance

NYSE:ROL opened at $34.70 on Friday. The firm has a market capitalization of $16.69 billion, a PE ratio of 31.54, a PEG ratio of 3.72 and a beta of 0.74. The stock’s fifty day moving average is $38.76 and its 200 day moving average is $47.55. Rollins has a fifty-two week low of $34.35 and a fifty-two week high of $66.14. 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 posted its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). Rollins had a return on equity of 38.81% and a net margin of 13.55%.The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the previous year, the firm earned $0.30 earnings per share. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. On average, sell-side analysts anticipate that Rollins will post 1.18 earnings per share for the current year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were issued a dividend of $0.1825 per share. The ex-dividend date was Monday, August 10th. This represents a $0.73 dividend on an annualized basis and a yield of 2.1%. Rollins’s payout ratio is presently 66.36%.

Institutional Trading of Rollins

Several institutional investors and hedge funds have recently made changes to their positions in the business. Sequoia Financial Advisors LLC boosted its stake in shares of 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 purchasing an additional 183 shares during the period. IFM Investors Pty Ltd increased its stake in Rollins by 0.3% in the 1st 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 period. New Mexico Educational Retirement Board lifted its holdings in 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 valued at $773,000 after buying an additional 200 shares in the last quarter. Inspire Investing LLC lifted its holdings in Rollins by 3.9% during the 4th quarter. Inspire Investing LLC now owns 5,457 shares of the business services provider’s stock valued at $328,000 after buying an additional 203 shares in the last quarter. Finally, DGS Capital Management LLC boosted its position in Rollins by 4.0% in the 1st quarter. DGS Capital Management LLC now owns 5,602 shares of the business services provider’s stock valued at $299,000 after buying an additional 215 shares during the period. 51.79% of the stock is currently owned by institutional investors.

About Rollins

Rollins, Inc is a global provider of pest and termite control services for residential and commercial customers. The company helps protect homes, businesses, and other properties from insects, rodents, termites, wildlife, and other pests through inspection, prevention, treatment, and ongoing monitoring programs.

Rollins operates through a portfolio of recognized pest control brands, including Orkin, Terminix, HomeTeam Pest Defense, Western Exterminator, and Critter Control. Its services include general pest management, termite protection, mosquito and bed bug control, wildlife management, and specialized commercial pest control programs.

Founded in 1948 and headquartered in Atlanta, Georgia, Rollins serves customers across the United States and internationally.