Rollins, Inc. (NYSE:ROL) Receives $64.00 Consensus Target Price from Analysts

Shares of Rollins, Inc. (NYSE:ROL) have received an average recommendation of “Moderate Buy” from the seventeen research firms that are presently covering the stock, Marketbeat reports. Seven research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $64.00.

A number of brokerages have recently weighed in on ROL. Sanford C. Bernstein downgraded Rollins from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $70.00 to $52.00 in a report on Friday, May 29th. Loop Capital began coverage on Rollins in a report on Monday, April 13th. They set a “hold” rating and a $56.00 price target on the stock. UBS Group lifted their price target on Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a report on Friday, April 24th. The Goldman Sachs Group reiterated a “buy” rating and set a $67.00 price target on shares of Rollins in a report on Thursday, April 23rd. Finally, Rothschild & Co Redburn set a $66.00 price target on Rollins and gave the company a “buy” rating in a report on Monday, April 27th.

Trending Headlines about Rollins

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: An article from Insider Monkey presented a bullish thesis on Rollins, Inc. (ROL), suggesting some investors see upside in the pest-control company’s fundamentals and valuation. Is Rollins, Inc. (ROL) A Good Stock To Buy Now?
• Positive Sentiment: Options activity was unusually heavy, with traders buying 2,830 call options versus a normal average of 703, indicating increased bullish speculation in Rollins (ROL).
• Neutral Sentiment: Recent articles about “Rollins” largely refer to USDA Secretary Brooke Rollins and WWE wrestler Seth Rollins, not the publicly traded company, so they are unlikely to have a meaningful impact on Rollins, Inc. (ROL).
• Negative Sentiment: No company-specific negative operating news was identified in the provided articles for Rollins, Inc. (ROL).

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. DV Equities LLC purchased a new position in Rollins in the fourth quarter valued at about $25,000. Cornerstone Planning Group LLC grew its stake in Rollins by 528.4% in the fourth quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 354 shares in the last quarter. Board of the Pension Protection Fund purchased a new position in Rollins in the fourth quarter valued at about $30,000. Torren Management LLC purchased a new position in Rollins in the fourth quarter valued at about $36,000. Finally, Fideuram Asset Management Ireland dac purchased a new position in Rollins in the fourth quarter valued at about $43,000. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Rollins Stock Performance

Shares of ROL stock opened at $46.63 on Thursday. Rollins has a 1-year low of $44.43 and a 1-year high of $66.14. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $22.45 billion, a price-to-earnings ratio of 42.78, a P/E/G ratio of 2.90 and a beta of 0.73. The stock’s fifty day simple moving average is $52.99 and its 200-day simple moving average is $57.55.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The business had revenue of $906.42 million for the quarter, compared to the consensus estimate of $895.17 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. Rollins’s revenue for the quarter was up 10.2% compared to the same quarter last year. On average, sell-side analysts predict that Rollins will post 1.24 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 11th will be paid a $0.1825 dividend. The ex-dividend date is Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a yield of 1.6%. Rollins’s payout ratio is 66.97%.

Rollins Company Profile

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.