Zacks Investment Research upgraded shares of Servicemaster Global (NYSE:SERV) from a sell rating to a hold rating in a research note issued to investors on Tuesday morning, Zacks.com reports.

According to Zacks, “ServiceMaster Global Holdings, Inc. provides outsourcing services for residential and commercial customers. The company’s brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. ServiceMaster. It offers lawn care and landscape maintenance, termite and pest control, home warranties, disaster response and reconstruction, cleaning and disaster restoration, house cleaning, furniture repair, and home inspection services. ServiceMaster Global Holdings, Inc. is headquartered in Memphis, Tennessee. “

Several other equities analysts also recently commented on the company. Morgan Stanley reiterated an overweight rating and issued a GBX 2,280 ($29.79) target price on shares of Anglo American in a research report on Wednesday, May 8th. ValuEngine downgraded Valero Energy from a hold rating to a sell rating in a research report on Wednesday, May 8th. Finally, Buckingham Research set a $19.00 target price on Adient and gave the company a sell rating in a research report on Wednesday, May 8th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of $46.89.

Servicemaster Global stock opened at $54.54 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.24 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $7.29 billion, a P/E ratio of 57.41, a PEG ratio of 2.08 and a beta of 0.75. Servicemaster Global has a 12 month low of $34.28 and a 12 month high of $56.50. The company has a 50-day moving average price of $53.25.

Servicemaster Global (NYSE:SERV) last posted its earnings results on Tuesday, May 7th. The business services provider reported $0.33 EPS for the quarter, beating the consensus estimate of $0.31 by $0.02. The firm had revenue of $482.00 million during the quarter, compared to the consensus estimate of $473.13 million. Servicemaster Global had a positive return on equity of 14.89% and a negative net margin of 0.41%. The business’s quarterly revenue was up 12.6% on a year-over-year basis. During the same period last year, the company earned $0.44 earnings per share. On average, equities research analysts forecast that Servicemaster Global will post 1.41 EPS for the current year.

In other news, Director Mark E. Tomkins sold 2,444 shares of the firm’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $53.94, for a total transaction of $131,829.36. Following the completion of the transaction, the director now directly owns 17,398 shares in the company, valued at $938,448.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Matthew Stevenson sold 8,556 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $54.29, for a total value of $464,505.24. Following the transaction, the insider now owns 10,396 shares of the company’s stock, valued at $564,398.84. The disclosure for this sale can be found here. Insiders have sold 64,192 shares of company stock valued at $3,430,404 over the last 90 days. 0.23% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently modified their holdings of SERV. LPL Financial LLC raised its position in shares of Servicemaster Global by 17.7% during the fourth quarter. LPL Financial LLC now owns 9,408 shares of the business services provider’s stock worth $346,000 after acquiring an additional 1,417 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Servicemaster Global by 91.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 13,543 shares of the business services provider’s stock worth $497,000 after purchasing an additional 6,459 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Servicemaster Global by 6.7% in the fourth quarter. Bank of New York Mellon Corp now owns 591,431 shares of the business services provider’s stock worth $21,729,000 after purchasing an additional 37,281 shares in the last quarter. Great West Life Assurance Co. Can increased its holdings in Servicemaster Global by 8.7% in the fourth quarter. Great West Life Assurance Co. Can now owns 16,256 shares of the business services provider’s stock worth $576,000 after purchasing an additional 1,305 shares in the last quarter. Finally, Bessemer Group Inc. increased its holdings in Servicemaster Global by 741.7% in the fourth quarter. Bessemer Group Inc. now owns 11,279 shares of the business services provider’s stock worth $415,000 after purchasing an additional 9,939 shares in the last quarter.

About Servicemaster Global

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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