Rollins, Inc. (NYSE:ROL) Receives Average Recommendation of “Moderate Buy” from Analysts

Rollins, Inc. (NYSE:ROL) has earned an average recommendation of “Moderate Buy” from the fifteen research firms that are currently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $66.0769.

Several research firms have weighed in on ROL. UBS Group set a $65.00 target price on Rollins in a research note on Wednesday, January 21st. Jefferies Financial Group set a $66.00 price objective on shares of Rollins and gave the company a “buy” rating in a research report on Monday, November 3rd. The Goldman Sachs Group reiterated a “buy” rating and issued a $64.00 price objective on shares of Rollins in a research note on Thursday, October 30th. Morgan Stanley set a $70.00 target price on shares of Rollins in a research note on Friday, February 13th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a report on Monday, December 29th.

Rollins Trading Down 1.6%

NYSE ROL opened at $60.37 on Tuesday. The firm’s 50 day moving average price is $61.51 and its two-hundred day moving average price is $59.16. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.55 and a current ratio of 0.60. Rollins has a twelve month low of $49.73 and a twelve month high of $66.14. The stock has a market cap of $29.04 billion, a price-to-earnings ratio of 55.39, a PEG ratio of 3.78 and a beta of 0.78.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, February 11th. The business services provider reported $0.25 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 business had revenue of $912.91 million during the quarter, compared to analyst estimates of $925.08 million. The business’s quarterly revenue was up 9.7% on a year-over-year basis. During the same period last year, the business earned $0.22 EPS. Equities analysts anticipate that Rollins will post 1.09 EPS for the current year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th will be paid a $0.1825 dividend. The ex-dividend date is Wednesday, February 25th. This represents a $0.73 dividend on an annualized basis and a yield of 1.2%. Rollins’s payout ratio is 66.97%.

Insider Buying and Selling

In related news, Chairman Gary W. Rollins sold 19,094 shares of the stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $63.26, for a total value of $1,207,886.44. Following the transaction, the chairman owned 5,322,469 shares in the company, valued at approximately $336,699,388.94. This represents a 0.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman John F. Wilson sold 7,538 shares of the firm’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $63.26, for a total transaction of $476,853.88. Following the transaction, the chairman directly owned 600,049 shares in the company, valued at approximately $37,959,099.74. The trade was a 1.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 59,150 shares of company stock worth $3,711,814. Insiders own 4.47% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in Rollins by 4.3% in the fourth quarter. Vanguard Group Inc. now owns 38,282,523 shares of the business services provider’s stock worth $2,297,717,000 after purchasing an additional 1,562,241 shares in the last quarter. State Street Corp grew its position in Rollins by 4.7% in the 4th quarter. State Street Corp now owns 12,850,361 shares of the business services provider’s stock worth $771,279,000 after purchasing an additional 575,946 shares during the last quarter. Geode Capital Management LLC increased its stake in Rollins by 6.6% during the fourth quarter. Geode Capital Management LLC now owns 10,163,847 shares of the business services provider’s stock valued at $608,256,000 after acquiring an additional 626,866 shares during the period. Invesco Ltd. increased its position in shares of Rollins by 8.2% during the fourth quarter. Invesco Ltd. now owns 6,089,189 shares of the business services provider’s stock valued at $365,473,000 after purchasing an additional 461,869 shares during the period. Finally, Norges Bank bought a new stake in Rollins in the 4th quarter valued at $244,669,000. Institutional investors and hedge funds 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.