Rollins, Inc. (NYSE:ROL) Given Average Rating of “Moderate Buy” by Analysts
by Amy Steele · The Cerbat GemShares of Rollins, Inc. (NYSE:ROL – Get Free Report) have been given an average recommendation of “Moderate Buy” by the sixteen research firms that are presently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $64.8571.
Several equities research analysts recently issued reports on ROL shares. Bank of America started coverage on shares of Rollins in a report on Tuesday, February 17th. They issued a “buy” rating and a $67.00 target price on the stock. Morgan Stanley set a $70.00 target price on shares of Rollins in a report on Friday, February 13th. UBS Group set a $58.00 target price on shares of Rollins and gave the stock a “neutral” rating in a report on Friday. Canaccord Genuity Group set a $52.00 target price on shares of Rollins and gave the stock a “hold” rating in a report on Friday, February 13th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Rollins in a research note on Monday, December 29th.
Rollins Trading Up 0.3%
NYSE:ROL opened at $54.80 on Wednesday. The stock has a market cap of $26.41 billion, a price-to-earnings ratio of 50.28, a PEG ratio of 3.37 and a beta of 0.84. The company’s 50 day moving average price is $57.38 and its 200-day moving average price is $58.82. Rollins has a 52 week low of $51.77 and a 52 week high of $66.14. The company has a quick ratio of 0.55, a current ratio of 0.60 and a debt-to-equity ratio of 0.35.
Rollins (NYSE:ROL – Get Free Report) last issued its earnings results on Wednesday, February 11th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.02). Rollins had a return on equity of 38.16% and a net margin of 14.00%.The company had revenue of $912.91 million during the quarter, compared to analysts’ expectations of $925.08 million. During the same quarter in the prior year, the business posted $0.22 EPS. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. On average, equities research analysts forecast that Rollins will post 1.09 earnings per share for the current fiscal year.
Rollins Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 25th were paid a dividend of $0.1825 per share. This represents a $0.73 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Wednesday, February 25th. Rollins’s dividend payout ratio (DPR) is currently 66.97%.
Insider Buying and Selling at Rollins
In other news, CEO Jerry Jr. Gahlhoff sold 4,510 shares of Rollins stock in a transaction on Monday, January 26th. The shares were sold at an average price of $63.26, for a total transaction of $285,302.60. Following the transaction, the chief executive officer owned 328,386 shares in the company, valued at $20,773,698.36. This trade represents a 1.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman John F. Wilson sold 7,538 shares of Rollins stock in a transaction on Monday, January 26th. The stock was sold at an average price of $63.26, for a total transaction of $476,853.88. Following the transaction, the chairman owned 600,049 shares in the company, valued at $37,959,099.74. This represents a 1.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 67,039 shares of company stock worth $4,177,480. Insiders own 5.77% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Rollins by 5.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,812 shares of the business services provider’s stock valued at $1,663,000 after purchasing an additional 1,620 shares during the period. Empowered Funds LLC raised its position in shares of Rollins by 16.7% during the 1st quarter. Empowered Funds LLC now owns 6,427 shares of the business services provider’s stock valued at $347,000 after purchasing an additional 918 shares during the period. Woodline Partners LP raised its position in shares of Rollins by 40.7% during the 1st quarter. Woodline Partners LP now owns 23,728 shares of the business services provider’s stock valued at $1,282,000 after purchasing an additional 6,859 shares during the period. Geneos Wealth Management Inc. raised its position in shares of Rollins by 75.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 375 shares during the period. Finally, First Trust Advisors LP raised its position in shares of Rollins by 185.0% during the 2nd quarter. First Trust Advisors LP now owns 368,718 shares of the business services provider’s stock valued at $20,803,000 after purchasing an additional 239,361 shares during the period. Hedge funds and other 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.