Wall Street analysts expect that Servicemaster Global Holdings Inc (NYSE:SERV) will announce earnings per share (EPS) of $0.36 for the current quarter, Zacks Investment Research reports. Five analysts have provided estimates for Servicemaster Global’s earnings, with the highest EPS estimate coming in at $0.40 and the lowest estimate coming in at $0.33. Servicemaster Global posted earnings per share of $0.67 during the same quarter last year, which indicates a negative year-over-year growth rate of 46.3%. The company is scheduled to report its next quarterly earnings results on Tuesday, November 5th.
On average, analysts expect that Servicemaster Global will report full-year earnings of $1.46 per share for the current fiscal year, with EPS estimates ranging from $1.39 to $1.50. For the next financial year, analysts anticipate that the business will report earnings of $1.70 per share, with EPS estimates ranging from $1.61 to $1.76. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Servicemaster Global.
Servicemaster Global (NYSE:SERV) last issued its earnings results on Tuesday, August 6th. The business services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. The business had revenue of $560.00 million for the quarter, compared to analyst estimates of $549.25 million. Servicemaster Global had a negative net margin of 2.02% and a positive return on equity of 11.17%. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.79 EPS.
SERV has been the subject of several recent analyst reports. Morgan Stanley upped their target price on shares of Servicemaster Global from $51.00 to $54.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 7th. Buckingham Research increased their target price on shares of Servicemaster Global from $53.00 to $61.00 and gave the company a “neutral” rating in a research note on Thursday, August 22nd. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Servicemaster Global from a “sell” rating to a “hold” rating in a research report on Friday, August 9th. ValuEngine upgraded shares of Servicemaster Global from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 4th. Finally, Nomura restated a “buy” rating and set a $62.00 price target on shares of Servicemaster Global in a research note on Thursday, August 8th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $49.78.
Shares of NYSE:SERV traded down $0.54 during trading on Monday, reaching $55.44. 104,532 shares of the company’s stock traded hands, compared to its average volume of 455,328. Servicemaster Global has a 12 month low of $34.28 and a 12 month high of $58.78. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.17 and a quick ratio of 1.09. The stock has a market capitalization of $7.61 billion, a P/E ratio of 58.36, a price-to-earnings-growth ratio of 2.10 and a beta of 0.56. The company has a 50 day moving average of $55.87 and a 200-day moving average of $51.92.
Several hedge funds have recently made changes to their positions in SERV. Cullen Frost Bankers Inc. acquired a new position in Servicemaster Global during the second quarter worth $32,000. Quadrant Capital Group LLC bought a new stake in shares of Servicemaster Global in the first quarter valued at about $49,000. Tobam bought a new stake in shares of Servicemaster Global in the second quarter valued at about $49,000. Quantamental Technologies LLC bought a new stake in Servicemaster Global during the second quarter worth about $83,000. Finally, AdvisorNet Financial Inc lifted its position in Servicemaster Global by 84.1% during the second quarter. AdvisorNet Financial Inc now owns 1,657 shares of the business services provider’s stock worth $86,000 after purchasing an additional 757 shares during the period.
Servicemaster Global Company Profile
ServiceMaster Global Holdings, Inc provides services to residential and commercial customers in the termite, pest control, cleaning, and restoration markets in all 50 states and the District of Columbia. The company operates through two segments, Terminix and ServiceMaster Brands. The Terminix segment offers termite and pest control services, including termite remediation, annual termite inspection, and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.
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