Rollins, Inc. (NYSE:ROL) Receives $47.83 Consensus PT from Analysts

Shares of Rollins, Inc. (NYSE:ROL) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $47.83.

Several analysts have recently weighed in on ROL shares. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 target price on shares of Rollins in a report on Thursday, July 25th. Finally, Wells Fargo & Company initiated coverage on shares of Rollins in a research report on Monday, August 12th. They set an “overweight” rating and a $54.00 price target on the stock.

Rollins Stock Up 1.0 %

NYSE ROL opened at $50.16 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.72 and a current ratio of 0.78. The firm has a 50-day simple moving average of $49.73 and a 200 day simple moving average of $47.95. Rollins has a twelve month low of $32.19 and a twelve month high of $51.96. The stock has a market cap of $24.29 billion, a PE ratio of 53.36 and a beta of 0.70.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, July 24th. The business services provider reported $0.27 EPS for the quarter, hitting analysts’ consensus estimates of $0.27. The firm had revenue of $891.90 million during the quarter, compared to analysts’ expectations of $895.02 million. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.23 earnings per share. On average, research analysts forecast that Rollins will post 1 EPS for the current year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Monday, August 12th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $0.60 annualized dividend and a yield of 1.20%. Rollins’s dividend payout ratio (DPR) is presently 63.83%.

Insiders Place Their Bets

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total transaction of $237,716.90. Following the sale, the insider now directly owns 89,338 shares of the company’s stock, valued at $4,533,010.12. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, insider Elizabeth B. Chandler sold 4,685 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total transaction of $237,716.90. Following the transaction, the insider now directly owns 89,338 shares in the company, valued at $4,533,010.12. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $47.82, for a total transaction of $224,084.52. Following the completion of the transaction, the insider now owns 95,023 shares in the company, valued at approximately $4,543,999.86. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,056 shares of company stock valued at $698,347 in the last three months. 4.69% of the stock is currently owned by corporate insiders.

Institutional Trading of Rollins

Institutional investors have recently bought and sold shares of the business. Quest Partners LLC bought a new stake in shares of Rollins during the 2nd quarter worth approximately $33,000. Ridgewood Investments LLC acquired a new stake in shares of Rollins during the second quarter worth $34,000. Quent Capital LLC increased its position in shares of Rollins by 43.9% during the second quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock worth $38,000 after buying an additional 236 shares during the period. Whittier Trust Co. of Nevada Inc. grew its holdings in Rollins by 10,233.3% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock worth $45,000 after purchasing an additional 921 shares during the period. Finally, Blue Trust Inc. grew its holdings in Rollins by 114.2% in the second quarter. Blue Trust Inc. now owns 1,604 shares of the business services provider’s stock worth $74,000 after purchasing an additional 855 shares during the period. Institutional investors own 51.79% of the company’s stock.

Rollins Company Profile

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.