Equities analysts expect Servicemaster Global Holdings Inc (NYSE:SERV) to report sales of $474.10 million for the current quarter, Zacks reports. Five analysts have made estimates for Servicemaster Global’s earnings, with estimates ranging from $461.40 million to $481.51 million. Servicemaster Global posted sales of $675.00 million during the same quarter last year, which suggests a negative year-over-year growth rate of 29.8%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, May 7th.

On average, analysts expect that Servicemaster Global will report full-year sales of $2.04 billion for the current fiscal year, with estimates ranging from $2.03 billion to $2.05 billion. For the next fiscal year, analysts forecast that the company will post sales of $2.11 billion, with estimates ranging from $2.08 billion to $2.14 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Servicemaster Global.

Servicemaster Global (NYSE:SERV) last announced its quarterly earnings results on Tuesday, February 26th. The business services provider reported $0.19 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.02). The firm had revenue of $457.00 million for the quarter, compared to analysts’ expectations of $446.35 million. Servicemaster Global had a negative net margin of 1.42% and a positive return on equity of 18.28%. The company’s quarterly revenue was up 11.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.35 EPS.

Several research firms have recently commented on SERV. Oppenheimer raised their target price on shares of Servicemaster Global from $47.00 to $55.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 13th. Zacks Investment Research raised shares of 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 target price on shares of Servicemaster Global and gave the stock a “hold” rating in a research report on Tuesday, January 8th. Finally, Bank of America cut shares of Servicemaster Global from a “buy” rating to an “underperform” rating and dropped their target price for the stock from $45.00 to $36.00 in a research report on Wednesday, February 20th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $45.22.

SERV traded down $0.37 during trading on Wednesday, hitting $47.17. 391,438 shares of the stock traded hands, compared to its average volume of 1,138,504. The stock has a market capitalization of $6.46 billion, a P/E ratio of 49.65, a PEG ratio of 1.84 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 has a 12-month low of $33.27 and a 12-month high of $49.59.

In other news, VP John Patrick Mullen sold 22,376 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $47.80, for a total value of $1,069,572.80. Following the completion of the sale, the vice president now directly owns 14,389 shares of the company’s stock, valued at approximately $687,794.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.16% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. AdvisorNet Financial Inc bought a new position in shares of Servicemaster Global in the 4th quarter worth about $33,000. Stone Ridge Asset Management LLC bought a new position in shares of Servicemaster Global in the 3rd quarter worth about $205,000. Pzena Investment Management LLC bought a new position in shares of Servicemaster Global in the 4th quarter worth about $208,000. Patten Group Inc. increased its stake in shares of 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 worth $210,000 after acquiring an additional 5,630 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of Servicemaster Global in the 4th quarter worth about $238,000.

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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