Rollins, Inc. (NYSE:ROL) Given Average Recommendation of “Hold” by Analysts

Rollins, Inc. (NYSE:ROL) has received a consensus recommendation of “Hold” from the nineteen ratings firms that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $48.7059.

Several equities research analysts have issued reports on ROL shares. Royal Bank Of Canada lowered Rollins from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from $52.00 to $40.00 in a research note on Thursday, July 23rd. UBS Group reiterated a “neutral” rating and set a $43.00 target price (down from $50.00) on shares of Rollins in a report on Friday, July 24th. Sanford C. Bernstein lowered shares of Rollins from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $70.00 to $52.00 in a report on Friday, May 29th. JPMorgan Chase & Co. restated an “underweight” rating and set a $45.00 price target (down from $70.00) on shares of Rollins in a research report on Friday, July 24th. Finally, Morgan Stanley lowered their target price on shares of Rollins from $70.00 to $65.00 and set an “overweight” rating for the company in a report on Wednesday, July 8th.

Institutional Trading of Rollins

Several large investors have recently modified their holdings of ROL. Vanguard Group Inc. increased its position in shares of Rollins by 4.3% during the 4th quarter. Vanguard Group Inc. now owns 38,282,523 shares of the business services provider’s stock valued at $2,297,717,000 after purchasing an additional 1,562,241 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Rollins during the second quarter worth about $1,204,334,000. State Street Corp lifted its holdings in shares of Rollins by 4.7% in the fourth quarter. State Street Corp now owns 12,850,361 shares of the business services provider’s stock worth $771,279,000 after buying an additional 575,946 shares in the last quarter. Geode Capital Management LLC lifted its stake in 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 in the last quarter. Finally, Invesco Ltd. lifted its position in shares of Rollins by 8.2% in the fourth quarter. Invesco Ltd. now owns 6,089,189 shares of the business services provider’s stock worth $365,473,000 after buying an additional 461,869 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

Rollins Stock Performance

NYSE ROL opened at $35.97 on Tuesday. The stock has a market capitalization of $17.31 billion, a PE ratio of 32.70, a P/E/G ratio of 3.95 and a beta of 0.75. Rollins has a 1 year low of $35.92 and a 1 year high of $66.14. The company’s 50 day simple moving average is $42.13 and its two-hundred day simple moving average is $50.97. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.63 and a quick ratio of 0.58.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, July 22nd. The business services provider reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Rollins had a return on equity of 38.81% and a net margin of 13.55%.Rollins’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.30 earnings per share. Analysts predict that Rollins will post 1.19 earnings per share for the current fiscal year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a dividend of $0.1825 per share. The ex-dividend date is Monday, August 10th. This represents a $0.73 annualized dividend and a yield of 2.0%. Rollins’s dividend payout ratio is currently 66.36%.

About Rollins

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.