Brokerages Set Rollins, Inc. (NYSE:ROL) Target Price at $46.83

Shares of Rollins, Inc. (NYSE:ROL) have been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $46.83.

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group started coverage on Rollins in a report on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 price objective on the stock. UBS Group reiterated a “neutral” rating and issued a $49.00 price target on shares of Rollins in a report on Monday, April 15th. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, April 17th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a report on Thursday, February 15th.

Insider Activity

In related news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total transaction of $230,900.00. Following the sale, the chief financial officer now directly owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the transaction, the chief financial officer now owns 99,078 shares in the company, valued at approximately $4,575,422.04. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Traci Hornfeck sold 2,677 shares of the company’s stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the transaction, the insider now directly owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The disclosure for this sale can be found here. Insiders sold a total of 22,824 shares of company stock valued at $994,558 in the last three months. 4.69% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Rollins

A number of institutional investors have recently added to or reduced their stakes in ROL. National Bank of Canada FI increased its stake in Rollins by 54.4% during the 3rd quarter. National Bank of Canada FI now owns 60,055 shares of the business services provider’s stock worth $2,199,000 after buying an additional 21,161 shares in the last quarter. Vontobel Holding Ltd. raised its stake in Rollins by 7.4% in the 3rd quarter. Vontobel Holding Ltd. now owns 31,720 shares of the business services provider’s stock valued at $1,184,000 after purchasing an additional 2,190 shares during the last quarter. CWM LLC lifted its holdings in Rollins by 63.7% in the 3rd quarter. CWM LLC now owns 5,429 shares of the business services provider’s stock valued at $203,000 after purchasing an additional 2,112 shares in the last quarter. AE Wealth Management LLC boosted its stake in Rollins by 273.5% during the 3rd quarter. AE Wealth Management LLC now owns 51,845 shares of the business services provider’s stock worth $1,935,000 after purchasing an additional 37,966 shares during the last quarter. Finally, Kentucky Retirement Systems purchased a new stake in shares of Rollins during the third quarter worth $749,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Stock Performance

ROL opened at $42.45 on Friday. The firm’s 50-day moving average price is $44.46 and its 200-day moving average price is $41.99. The company has a market cap of $20.57 billion, a P/E ratio of 48.24, a price-to-earnings-growth ratio of 3.36 and a beta of 0.63. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.42. Rollins has a 52-week low of $32.19 and a 52-week high of $47.45.

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

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.