Rollins, Inc. (NYSE:ROL) Receives $51.50 Consensus Target Price from Brokerages

Rollins, Inc. (NYSE:ROLGet Free Report) has been assigned a consensus recommendation of “Hold” from the six brokerages that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $51.50.

ROL has been the subject of a number of research reports. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research note on Monday, January 6th. Barclays began coverage on Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price objective for the company. UBS Group upped their price objective on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. Canaccord Genuity Group began coverage on Rollins in a research note on Tuesday, January 7th. They issued a “hold” rating and a $48.00 price objective for the company. Finally, StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, January 8th.

View Our Latest Stock Report on Rollins

Insider Buying and Selling at Rollins

In other Rollins news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $49.88, for a total transaction of $735,730.00. Following the completion of the transaction, the insider now owns 124,214 shares of the company’s stock, valued at $6,195,794.32. This represents a 10.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 4.69% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ROL. Montrusco Bolton Investments Inc. lifted its holdings in shares of Rollins by 14.0% in the 3rd quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider’s stock valued at $465,503,000 after acquiring an additional 1,154,722 shares during the last quarter. Fiera Capital Corp purchased a new stake in Rollins in the 3rd quarter worth about $43,225,000. Point72 Asset Management L.P. purchased a new stake in Rollins in the 3rd quarter worth about $28,980,000. JPMorgan Chase & Co. raised its position in Rollins by 22.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,280,005 shares of the business services provider’s stock worth $115,323,000 after purchasing an additional 420,399 shares during the period. Finally, SG Americas Securities LLC raised its position in Rollins by 535.2% in the 4th quarter. SG Americas Securities LLC now owns 261,379 shares of the business services provider’s stock worth $12,115,000 after purchasing an additional 220,230 shares during the period. Institutional investors own 51.79% of the company’s stock.

Rollins Stock Performance

ROL stock opened at $48.32 on Monday. The stock has a market capitalization of $23.40 billion, a PE ratio of 50.33 and a beta of 0.75. Rollins has a 12-month low of $40.41 and a 12-month high of $52.16. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.34. The stock’s 50 day simple moving average is $48.17 and its 200 day simple moving average is $48.91.

Rollins (NYSE:ROLGet Free Report) last announced its earnings results on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). The company had revenue of $916.27 million for the quarter, compared to analysts’ expectations of $911.15 million. Rollins had a net margin of 14.18% and a return on equity of 38.67%. Rollins’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.28 earnings per share. As a group, research analysts forecast that Rollins will post 0.99 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Tuesday, February 25th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 dividend on an annualized basis and a yield of 1.37%. Rollins’s payout ratio is presently 68.75%.

About Rollins

(Get Free Report

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.

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Analyst Recommendations for Rollins (NYSE:ROL)

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