Rollins, Inc. (NYSE:ROL) Receives $55.19 Average Price Target from Analysts

Rollins, Inc. (NYSE:ROL) has been given a consensus rating of “Hold” by the eighteen analysts that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $48.7059.

A number of brokerages recently weighed in on ROL. BNP Paribas Exane lowered their target price on shares of Rollins from $63.00 to $44.00 and set a “neutral” rating on the stock in a report on Friday. Loop Capital began coverage on shares of Rollins in a research note on Monday, April 13th. They issued a “hold” rating and a $56.00 price target for the company. Weiss Ratings downgraded shares of Rollins from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 26th. Wells Fargo & Company lowered shares of Rollins from an “overweight” rating to an “underweight” rating and lowered their price objective for the stock from $46.00 to $32.00 in a research note on Friday. Finally, Piper Sandler dropped their target price on shares of Rollins from $72.00 to $46.00 and set an “overweight” rating on the stock in a report on Friday.

Rollins Stock Up 0.1%

ROL stock opened at $38.59 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.63 and a debt-to-equity ratio of 0.34. The business has a 50 day moving average price of $46.11 and a two-hundred day moving average price of $53.72. The company has a market cap of $18.57 billion, a price-to-earnings ratio of 35.08, a P/E/G ratio of 4.14 and a beta of 0.75. Rollins has a twelve month low of $36.59 and a twelve month high of $66.14.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.09 billion. Rollins had a return on equity of 38.81% and a net margin of 13.55%.The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period last year, the firm earned $0.30 EPS. Analysts anticipate that Rollins will post 1.21 EPS for the current fiscal year.

Rollins Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be paid a dividend of $0.1825 per share. This represents a $0.73 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Monday, August 10th. Rollins’s payout ratio is currently 66.36%.

Trending Headlines about Rollins

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Management said termite and ancillary services continued to post solid growth, and lead volumes improved toward late June and early July, which could support a recovery in coming quarters.
• Positive Sentiment: Several analysts still see upside from current levels despite trimming targets, including Piper Sandler maintaining an overweight rating and BNP Paribas Exane keeping a neutral view with a higher target than the stock’s recent trading level.
• Neutral Sentiment: Rollins has been described as balancing solid Q2 growth with a softer outlook, suggesting the quarter was mixed rather than uniformly negative.
• Neutral Sentiment: Ongoing media coverage around the earnings call and transcript is reinforcing investor focus on management’s commentary about demand trends and margin performance.
• Negative Sentiment: Rollins reported Q2 earnings of $0.32 per share, below the consensus estimate of $0.34, and revenue of about $1.08 billion also came in slightly short of expectations.
• Negative Sentiment: Analysts turned more cautious after the report, with JPMorgan reaffirming an underweight rating and sharply lowering its price target, while Bank of America also cut its target and kept a neutral stance.
• Negative Sentiment: Commentary around slower residential demand and a “downbeat” earnings release has added to the selloff, as the market appears to be recalibrating expectations after a period of high optimism.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ROL. Tema ETFs LLC lifted its holdings in Rollins by 10.5% during the 2nd quarter. Tema ETFs LLC now owns 4,581 shares of the business services provider’s stock valued at $191,000 after purchasing an additional 435 shares during the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of Rollins by 51.3% in the second quarter. Wealthcare Advisory Partners LLC now owns 5,990 shares of the business services provider’s stock valued at $250,000 after purchasing an additional 2,032 shares during the last quarter. Dudley & Shanley Inc. increased its holdings in shares of Rollins by 8.8% in the second quarter. Dudley & Shanley Inc. now owns 495,655 shares of the business services provider’s stock valued at $20,689,000 after purchasing an additional 39,925 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its position in shares of Rollins by 5.7% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 54,039 shares of the business services provider’s stock valued at $2,256,000 after purchasing an additional 2,931 shares during the period. Finally, Czech National Bank lifted its stake in shares of Rollins by 4.6% during the 2nd quarter. Czech National Bank now owns 83,596 shares of the business services provider’s stock worth $3,489,000 after buying an additional 3,672 shares during the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

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.