Rollins, Inc. (NYSE:ROL) Receives $48.71 Consensus PT from Analysts

Rollins, Inc. (NYSE:ROL) has been given a consensus rating of “Hold” by the nineteen research firms that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $48.7059.

Several analysts have recently issued reports on ROL shares. UBS Group reissued 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. Royal Bank Of Canada downgraded Rollins from an “outperform” rating to a “sector perform” rating and dropped their price target for the company from $52.00 to $40.00 in a research note on Thursday, July 23rd. Raymond James Financial set a $35.00 price objective on shares of Rollins in a research report on Thursday, July 23rd. BNP Paribas Exane reduced their price objective on shares of Rollins from $63.00 to $44.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. Finally, Piper Sandler decreased their target price on shares of Rollins from $72.00 to $46.00 and set an “overweight” rating on the stock in a report on Friday, July 24th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Raiffeisen Bank International AG lifted its stake in Rollins by 73.5% during the second quarter. Raiffeisen Bank International AG now owns 642 shares of the business services provider’s stock worth $27,000 after purchasing an additional 272 shares during the last quarter. Fideuram Asset Management Ireland dac acquired a new stake in shares of Rollins in the 4th quarter valued at $43,000. Root Financial Partners LLC increased its stake in shares of Rollins by 47.3% in the 4th quarter. Root Financial Partners LLC now owns 782 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 251 shares during the last quarter. Hantz Financial Services Inc. increased its stake in shares of Rollins by 121.6% in the 4th quarter. Hantz Financial Services Inc. now owns 820 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 450 shares during the last quarter. Finally, Bayban bought a new position in shares of Rollins in the 4th quarter valued at $49,000. 51.79% of the stock is owned by institutional investors.

Rollins Stock Down 1.6%

NYSE ROL opened at $32.49 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 0.34. The company has a market cap of $15.63 billion, a price-to-earnings ratio of 29.53, a PEG ratio of 3.55 and a beta of 0.74. The company has a 50 day moving average of $37.71 and a 200-day moving average of $46.62. Rollins has a 1-year low of $32.42 and a 1-year high of $66.14.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.09 billion. Rollins had a return on equity of 38.81% and a net margin of 13.55%.The company’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.30 EPS. On average, equities research analysts expect that Rollins will post 1.18 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were issued a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, August 10th. Rollins’s dividend payout ratio is 66.36%.

About Rollins

Rollins, Inc is a global provider of pest and termite control services for residential and commercial customers. The company helps protect homes, businesses, and other properties from insects, rodents, termites, wildlife, and other pests through inspection, prevention, treatment, and ongoing monitoring programs.

Rollins operates through a portfolio of recognized pest control brands, including Orkin, Terminix, HomeTeam Pest Defense, Western Exterminator, and Critter Control. Its services include general pest management, termite protection, mosquito and bed bug control, wildlife management, and specialized commercial pest control programs.

Founded in 1948 and headquartered in Atlanta, Georgia, Rollins serves customers across the United States and internationally.