Analysts Set Rollins, Inc. (NYSE:ROL) PT at $48.71

Shares of Rollins, Inc. (NYSE:ROL) have been assigned a consensus rating of “Hold” from the nineteen analysts that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $48.7059.

ROL has been the topic of a number of recent analyst reports. Morgan Stanley reduced their target price on Rollins from $70.00 to $65.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 8th. Argus lowered shares of Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Weiss Ratings cut shares of Rollins from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. UBS Group reaffirmed a “neutral” rating and issued a $43.00 price target (down from $50.00) on shares of Rollins in a research note on Friday, July 24th. Finally, Raymond James Financial set a $35.00 price objective on shares of Rollins in a report on Thursday, July 23rd.

Hedge Funds Weigh In On Rollins

A number of hedge funds and other institutional investors have recently made changes to their positions in ROL. California State Teachers Retirement System raised its holdings in shares of Rollins by 5,022.4% in the second quarter. California State Teachers Retirement System now owns 20,917,333 shares of the business services provider’s stock valued at $873,089,000 after acquiring an additional 20,508,985 shares in the last quarter. HB Wealth Management LLC lifted its stake in Rollins by 2.2% in the second quarter. HB Wealth Management LLC now owns 27,719 shares of the business services provider’s stock worth $1,157,000 after acquiring an additional 593 shares during the period. Saudi Central Bank grew its holdings in Rollins by 88.6% during the 2nd quarter. Saudi Central Bank now owns 20,243 shares of the business services provider’s stock worth $845,000 after acquiring an additional 9,510 shares in the last quarter. AlphaGrep UK Ltd bought a new position in Rollins during the 2nd quarter worth about $284,000. Finally, Raiffeisen Bank International AG increased its position in Rollins by 73.5% during the 2nd quarter. Raiffeisen Bank International AG now owns 642 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 272 shares during the period. Institutional investors own 51.79% of the company’s stock.

Rollins Stock Up 1.0%

Shares of NYSE:ROL opened at $37.27 on Tuesday. The firm has a market capitalization of $17.93 billion, a PE ratio of 33.88, a price-to-earnings-growth ratio of 4.03 and a beta of 0.75. The business has a 50 day simple moving average of $41.06 and a two-hundred day simple moving average of $50.04. Rollins has a 1 year low of $35.83 and a 1 year high of $66.14. 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 issued its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). Rollins had a return on equity of 38.81% and a net margin of 13.55%.The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the company posted $0.30 earnings per share. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. On average, equities analysts predict that Rollins will post 1.19 EPS for the current year.

Rollins Dividend Announcement

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

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.