Rollins, Inc. (NYSE:ROL) Receives $46.83 Average Target Price from Analysts

Rollins, Inc. (NYSE:ROL) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $46.83.

Several equities analysts recently weighed in on ROL shares. Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a report on Thursday, February 15th. UBS Group restated a “neutral” rating and set a $49.00 price objective on shares of Rollins in a research note on Monday, April 15th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, April 17th. Finally, The Goldman Sachs Group began coverage on Rollins in a report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 target price on the stock.

Insider Activity

In other Rollins news, insider Elizabeth B. Chandler sold 10,000 shares of Rollins stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the sale, the insider now directly owns 99,709 shares in the company, valued at approximately $4,093,054.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Traci Hornfeck sold 2,677 shares of the business’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the sale, the insider now owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the transaction, the insider now directly owns 99,709 shares in the company, valued at approximately $4,093,054.45. The disclosure for this sale can be found here. Insiders sold 22,824 shares of company stock worth $994,558 over the last ninety days. Corporate insiders own 4.69% of the company’s stock.

Institutional Trading of Rollins

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Rollins by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 32,231,567 shares of the business services provider’s stock worth $1,407,553,000 after acquiring an additional 211,560 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Rollins by 40.6% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 9,293,419 shares of the business services provider’s stock worth $346,923,000 after purchasing an additional 2,682,017 shares during the period. Norges Bank bought a new stake in Rollins during the fourth quarter valued at $256,862,000. Invesco Ltd. raised its holdings in shares of Rollins by 18.4% during the third quarter. Invesco Ltd. now owns 3,992,323 shares of the business services provider’s stock worth $149,033,000 after purchasing an additional 620,179 shares during the period. Finally, Northern Trust Corp lifted its position in shares of Rollins by 10.9% in the 3rd quarter. Northern Trust Corp now owns 3,165,604 shares of the business services provider’s stock worth $118,172,000 after buying an additional 312,274 shares during the last quarter. 51.79% of the stock is owned by institutional investors.

Rollins Stock Performance

NYSE ROL opened at $42.45 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.71 and a quick ratio of 0.65. Rollins has a 1-year low of $32.19 and a 1-year high of $47.45. The firm has a market capitalization of $20.57 billion, a P/E ratio of 48.24, a P/E/G ratio of 3.36 and a beta of 0.63. The business’s 50-day simple moving average is $44.46 and its 200-day simple moving average is $41.99.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, February 14th. The business services provider reported $0.21 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.21. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The firm had revenue of $754.10 million for the quarter, compared to analysts’ expectations of $753.40 million. During the same period in the previous year, the company posted $0.17 earnings per share. Rollins’s revenue was up 14.0% compared to the same quarter last year. Equities analysts predict that Rollins will post 0.99 EPS for the current year.

About Rollins

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.