Rollins, Inc. (NYSE:ROL) Receives $66.08 Consensus Price Target from Brokerages

Rollins, Inc. (NYSE:ROLGet Free Report) has been assigned an average rating of “Moderate Buy” from the fifteen research firms that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $66.0769.

A number of equities analysts have issued reports on the company. Bank of America initiated coverage on shares of Rollins in a research note on Tuesday, February 17th. They issued a “buy” rating and a $67.00 target price on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a research note on Monday, December 29th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Rollins in a report on Tuesday, December 2nd. UBS Group set a $65.00 target price on shares of Rollins in a research note on Wednesday, January 21st. Finally, 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.

Get Our Latest Research Report on ROL

Rollins Stock Down 0.2%

Shares of ROL opened at $53.16 on Friday. The company’s fifty day moving average is $60.27 and its two-hundred day moving average is $59.12. Rollins has a fifty-two week low of $49.73 and a fifty-two 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. The firm has a market cap of $25.62 billion, a PE ratio of 48.77, a price-to-earnings-growth ratio of 3.28 and a beta of 0.80.

Rollins (NYSE:ROLGet Free Report) last announced 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). The company had revenue of $912.91 million for the quarter, compared to analysts’ expectations of $925.08 million. Rollins had a net margin of 14.00% and a return on equity of 38.16%. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.22 earnings per share. Analysts forecast that Rollins will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 25th were given a dividend of $0.1825 per share. The ex-dividend date was Wednesday, February 25th. This represents a $0.73 dividend on an annualized basis and a yield of 1.4%. Rollins’s payout ratio is currently 66.97%.

Insider Buying and Selling

In related news, CEO Jerry Jr. Gahlhoff sold 1,307 shares of the stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $62.83, for a total value of $82,118.81. Following the completion of the transaction, the chief executive officer directly owned 327,079 shares of the company’s stock, valued at $20,550,373.57. This represents a 0.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Thomas D. Tesh sold 887 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 value of $56,111.62. Following the completion of the sale, the insider owned 28,344 shares in the company, valued at approximately $1,793,041.44. This represents a 3.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 69,435 shares of company stock valued at $4,321,384 in the last ninety days. Insiders own 4.47% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position 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 acquiring an additional 1,562,241 shares in the last quarter. State Street Corp boosted its position in shares of Rollins by 4.7% during the 4th quarter. State Street Corp now owns 12,850,361 shares of the business services provider’s stock valued at $771,279,000 after purchasing an additional 575,946 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Rollins by 6.6% in the 4th quarter. Geode Capital Management LLC now owns 10,163,847 shares of the business services provider’s stock worth $608,256,000 after purchasing an additional 626,866 shares during the last quarter. Invesco Ltd. grew its stake in shares of Rollins by 8.2% in the 4th quarter. Invesco Ltd. now owns 6,089,189 shares of the business services provider’s stock worth $365,473,000 after purchasing an additional 461,869 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Rollins in the 4th quarter worth approximately $244,669,000. 51.79% of the stock is currently owned by institutional investors.

Rollins News Roundup

Here are the key news stories impacting Rollins this week:

About Rollins

(Get Free Report)

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.

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Analyst Recommendations for Rollins (NYSE:ROL)

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