Rollins (NYSE:ROL) Releases Earnings Results

Rollins (NYSE:ROL) announced its quarterly earnings data on Wednesday. The business services provider reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20, Briefing.com reports. The company had revenue of $748.35 million for the quarter, compared to analyst estimates of $739.12 million. Rollins had a return on equity of 35.97% and a net margin of 14.15%. Rollins’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.18 EPS.

Rollins Price Performance

ROL traded up $0.22 during midday trading on Wednesday, hitting $42.87. The company had a trading volume of 4,031,701 shares, compared to its average volume of 1,955,611. The company has a market capitalization of $20.77 billion, a PE ratio of 48.61, a P/E/G ratio of 3.35 and a beta of 0.63. Rollins has a twelve month low of $32.19 and a twelve month high of $47.45. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.65 and a current ratio of 0.71. The firm’s 50-day simple moving average is $44.44 and its 200-day simple moving average is $42.03.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.40%. Rollins’s dividend payout ratio is 68.18%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on ROL shares. UBS Group restated a “neutral” rating and issued a $49.00 price objective on shares of Rollins in a research note on Monday, April 15th. The Goldman Sachs Group initiated coverage on shares of Rollins in a research note on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price target for the company. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, April 17th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Thursday, February 15th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $46.83.

Insider Buying and Selling at Rollins

In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of Rollins 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 completion of the sale, the chief financial officer now owns 99,078 shares of the company’s stock, valued at approximately $4,575,422.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the transaction, the chief financial officer now owns 99,078 shares in the company, valued at $4,575,422.04. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Thomas D. Tesh sold 5,147 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $46.00, for a total value of $236,762.00. Following the completion of the sale, the insider now directly owns 35,387 shares of the company’s stock, valued at $1,627,802. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,824 shares of company stock worth $994,558. Company insiders own 4.69% of the company’s stock.

About Rollins

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.