Shares of ServiceMaster Global Holdings, Inc. (NYSE:SERV) have earned a consensus recommendation of “Hold” from the fourteen ratings firms that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $48.45.

SERV has been the topic of several recent analyst reports. Morgan Stanley set a $52.00 target price on ServiceMaster Global Holdings and gave the stock a “buy” rating in a report on Monday, October 23rd. Zacks Investment Research upgraded ServiceMaster Global Holdings from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a report on Wednesday, October 4th. Royal Bank Of Canada reiterated a “buy” rating and set a $44.00 target price on shares of ServiceMaster Global Holdings in a report on Friday, September 15th. Robert W. Baird reiterated a “hold” rating and set a $51.00 target price on shares of ServiceMaster Global Holdings in a report on Tuesday, September 12th. Finally, BidaskClub upgraded ServiceMaster Global Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd.

In related news, insider Timothy M. Haynes sold 5,000 shares of ServiceMaster Global Holdings stock in a transaction dated Friday, August 25th. The stock was sold at an average price of $45.90, for a total value of $229,500.00. Following the sale, the insider now owns 22,335 shares of the company’s stock, valued at $1,025,176.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Mary Kay Wegner sold 6,562 shares of ServiceMaster Global Holdings stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $47.13, for a total value of $309,267.06. Following the completion of the sale, the insider now directly owns 6,562 shares in the company, valued at approximately $309,267.06. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its position in shares of ServiceMaster Global Holdings by 5.9% in the third quarter. Wells Fargo & Company MN now owns 121,043 shares of the business services provider’s stock valued at $5,656,000 after acquiring an additional 6,742 shares during the last quarter. Schroder Investment Management Group increased its position in shares of ServiceMaster Global Holdings by 4.3% in the third quarter. Schroder Investment Management Group now owns 1,730,764 shares of the business services provider’s stock valued at $81,796,000 after acquiring an additional 71,140 shares during the last quarter. Trexquant Investment LP acquired a new stake in shares of ServiceMaster Global Holdings in the third quarter valued at about $289,000. Legal & General Group Plc increased its position in shares of ServiceMaster Global Holdings by 14.2% in the third quarter. Legal & General Group Plc now owns 85,842 shares of the business services provider’s stock valued at $4,012,000 after acquiring an additional 10,656 shares during the last quarter. Finally, TD Asset Management Inc. acquired a new stake in shares of ServiceMaster Global Holdings in the third quarter valued at about $5,457,000.

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ServiceMaster Global Holdings (NYSE SERV) traded down $0.26 during trading hours on Friday, hitting $46.91. The stock had a trading volume of 549,900 shares, compared to its average volume of 800,947. ServiceMaster Global Holdings has a 1-year low of $35.25 and a 1-year high of $48.48. The company has a debt-to-equity ratio of 3.12, a current ratio of 1.03 and a quick ratio of 0.99. The company has a market cap of $6,334.21, a price-to-earnings ratio of 21.32 and a beta of 1.00.

ServiceMaster Global Holdings (NYSE:SERV) last posted its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.12. ServiceMaster Global Holdings had a return on equity of 40.22% and a net margin of 8.16%. The business had revenue of $797.00 million for the quarter, compared to analyst estimates of $795.41 million. During the same period last year, the company earned $0.59 EPS. The firm’s revenue was up 5.1% on a year-over-year basis. sell-side analysts predict that ServiceMaster Global Holdings will post 2.09 earnings per share for the current year.

ServiceMaster Global Holdings Company Profile

ServiceMaster Global Holdings, Inc is a provider of essential residential and commercial services. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec.

Analyst Recommendations for ServiceMaster Global Holdings (NYSE:SERV)

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