Brokerages Set Rollins, Inc. (NYSE:ROL) PT at $63.07

Rollins, Inc. (NYSE:ROL) has been assigned an average rating of “Moderate Buy” from the sixteen analysts that are presently covering the company, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $63.0714.

A number of research firms recently weighed in on ROL. UBS Group increased their price objective on shares of Rollins from $58.00 to $61.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Canaccord Genuity Group set a $51.00 target price on Rollins and gave the company a “hold” rating in a research note on Friday, April 24th. The Goldman Sachs Group reiterated a “buy” rating and issued a $67.00 price target on shares of Rollins in a report on Thursday, April 23rd. Weiss Ratings cut shares of Rollins from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 26th. Finally, Sanford C. Bernstein downgraded shares of Rollins from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $70.00 to $52.00 in a research note on Friday, May 29th.

Institutional Trading of Rollins

A number of institutional investors have recently modified their holdings of the company. DV Equities LLC purchased a new stake in Rollins during the fourth quarter valued at approximately $25,000. Cornerstone Planning Group LLC grew its holdings in Rollins by 528.4% in the fourth quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after purchasing an additional 354 shares during the last quarter. Board of the Pension Protection Fund purchased a new position in Rollins in the fourth quarter worth $30,000. Torren Management LLC acquired a new position in shares of Rollins during the fourth quarter worth $36,000. Finally, Fideuram Asset Management Ireland dac acquired a new position in shares of Rollins during the fourth quarter worth $43,000. 51.79% of the stock is currently owned by institutional investors.

Rollins Trading Up 0.1%

ROL stock opened at $43.41 on Monday. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35. Rollins has a twelve month low of $41.50 and a twelve month high of $66.14. The stock has a market capitalization of $20.90 billion, a price-to-earnings ratio of 39.83, a price-to-earnings-growth ratio of 2.67 and a beta of 0.75. The firm’s fifty day simple moving average is $49.38 and its two-hundred day simple moving average is $55.50.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, meeting the consensus estimate of $0.24. Rollins had a net margin of 13.77% and a return on equity of 38.37%. 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 prior year, the firm posted $0.22 earnings per share. The business’s revenue for the quarter was up 10.2% on a year-over-year basis. As a group, analysts anticipate that Rollins will post 1.24 earnings per share for the current year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Monday, May 11th were issued a $0.1825 dividend. The ex-dividend date was Monday, May 11th. This represents a $0.73 dividend on an annualized basis and a yield of 1.7%. Rollins’s payout ratio is currently 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.