TheStreet downgraded shares of Servicemaster Global (NYSE:SERV) from a b+ rating to a c rating in a research note released on Friday, TheStreetRatingsTable reports.

A number of other equities analysts have also weighed in on SERV. Zacks Investment Research lowered Servicemaster Global from a hold rating to a sell rating in a research report on Friday, November 8th. Bank of America decreased their target price on Servicemaster Global from $50.00 to $42.00 and set an underperform rating for the company in a research report on Wednesday, October 23rd. ValuEngine lowered Servicemaster Global from a buy rating to a hold rating in a research report on Wednesday, November 6th. Royal Bank of Canada decreased their target price on Servicemaster Global to $54.00 and set an outperform rating for the company in a research report on Wednesday, November 6th. Finally, Buckingham Research reissued a neutral rating and issued a $45.00 target price (down previously from $61.00) on shares of Servicemaster Global in a research report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. Servicemaster Global has a consensus rating of Hold and a consensus price target of $53.86.

Servicemaster Global stock traded up $0.70 during mid-day trading on Friday, reaching $36.85. The stock had a trading volume of 140,005 shares, compared to its average volume of 3,124,856. The company has a market capitalization of $4.72 billion, a price-to-earnings ratio of 38.77, a PEG ratio of 1.55 and a beta of 0.50. The company has a 50-day moving average price of $46.63 and a two-hundred day moving average price of $52.39. Servicemaster Global has a one year low of $33.53 and a one year high of $58.78. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.93 and a quick ratio of 0.84.

Servicemaster Global (NYSE:SERV) last issued its earnings results on Tuesday, November 5th. The business services provider reported $0.31 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.31. Servicemaster Global had a positive return on equity of 7.91% and a negative net margin of 4.64%. The business had revenue of $528.00 million during the quarter, compared to analyst estimates of $528.05 million. During the same quarter in the previous year, the firm earned $0.24 EPS. Servicemaster Global’s revenue was up 6.5% on a year-over-year basis. On average, equities research analysts anticipate that Servicemaster Global will post 1.33 earnings per share for the current fiscal year.

In other Servicemaster Global news, Director Steven B. Hochhauser purchased 2,000 shares of Servicemaster Global stock in a transaction dated Monday, November 11th. The stock was purchased at an average price of $35.01 per share, with a total value of $70,020.00. Following the transaction, the director now directly owns 7,723 shares of the company’s stock, valued at $270,382.23. The purchase was disclosed in a document filed with the SEC, which is available through this link. 0.23% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Mercantile Trust Co. purchased a new stake in shares of Servicemaster Global during the 2nd quarter valued at about $165,000. Nisa Investment Advisors LLC purchased a new stake in shares of Servicemaster Global during the 2nd quarter valued at about $104,000. Royal Bank of Canada increased its position in shares of Servicemaster Global by 40.7% during the 2nd quarter. Royal Bank of Canada now owns 12,854 shares of the business services provider’s stock valued at $670,000 after purchasing an additional 3,718 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Servicemaster Global by 28.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 29,861 shares of the business services provider’s stock valued at $1,555,000 after purchasing an additional 6,603 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Servicemaster Global by 3.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 715,277 shares of the business services provider’s stock valued at $37,259,000 after purchasing an additional 23,328 shares during the last quarter.

Servicemaster Global Company Profile

ServiceMaster Global Holdings, Inc provides services to residential and commercial customers in the termite, pest control, cleaning, and restoration markets in all 50 states and the District of Columbia. The company operates through two segments, Terminix and ServiceMaster Brands. The Terminix segment offers termite and pest control services, including termite remediation, annual termite inspection, and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.

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Analyst Recommendations for Servicemaster Global (NYSE:SERV)

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