Servicemaster Global (NYSE:SERV) had its price target raised by research analysts at Buckingham Research from $48.00 to $53.00 in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the business services provider’s stock. Buckingham Research’s price objective would indicate a potential upside of 13.88% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. Oppenheimer set a $47.00 price objective on Servicemaster Global and gave the stock a “buy” rating in a research report on Tuesday, February 26th. Zacks Investment Research raised Servicemaster Global from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 5th. Morgan Stanley set a $36.00 price objective on Servicemaster Global and gave the stock a “hold” rating in a research report on Tuesday, January 8th. Finally, Bank of America cut Servicemaster Global from a “buy” rating to an “underperform” rating and cut their price objective for the stock from $45.00 to $36.00 in a research report on Wednesday, February 20th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. Servicemaster Global presently has an average rating of “Hold” and a consensus target price of $45.89.

Shares of NYSE:SERV opened at $46.54 on Tuesday. Servicemaster Global has a fifty-two week low of $33.27 and a fifty-two week high of $49.59. The stock has a market capitalization of $6.32 billion, a price-to-earnings ratio of 48.99, a P/E/G ratio of 1.78 and a beta of 1.01. The company has a quick ratio of 2.16, a current ratio of 2.26 and a debt-to-equity ratio of 0.78.

Servicemaster Global (NYSE:SERV) last posted its quarterly earnings data on Tuesday, February 26th. The business services provider reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). Servicemaster Global had a positive return on equity of 18.28% and a negative net margin of 1.42%. The business had revenue of $457.00 million for the quarter, compared to analyst estimates of $446.35 million. During the same period in the prior year, the firm posted $0.35 EPS. Servicemaster Global’s revenue for the quarter was up 11.7% on a year-over-year basis. As a group, analysts predict that Servicemaster Global will post 1.43 EPS for the current fiscal year.

In other Servicemaster Global news, VP John Patrick Mullen sold 22,376 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $47.80, for a total value of $1,069,572.80. Following the completion of the transaction, the vice president now owns 14,389 shares of the company’s stock, valued at approximately $687,794.20. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Institutional investors have recently bought and sold shares of the business. AdvisorNet Financial Inc acquired a new position in Servicemaster Global in the 4th quarter valued at approximately $33,000. Pzena Investment Management LLC acquired a new position in Servicemaster Global in the 4th quarter valued at approximately $208,000. Patten Group Inc. raised its holdings in Servicemaster Global by 7,037.5% in the 4th quarter. Patten Group Inc. now owns 5,710 shares of the business services provider’s stock valued at $210,000 after acquiring an additional 5,630 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in Servicemaster Global in the 4th quarter valued at approximately $238,000. Finally, Raymond James Trust N.A. raised its holdings in Servicemaster Global by 74.4% in the 4th quarter. Raymond James Trust N.A. now owns 6,747 shares of the business services provider’s stock valued at $248,000 after acquiring an additional 2,879 shares in 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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