Shares of Rollins Inc. (NYSE:ROL) have earned a consensus broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.
Analysts have set a 12-month consensus price objective of $32.00 for the company and are forecasting that the company will post $0.22 EPS for the current quarter, according to Zacks. Zacks has also given Rollins an industry rank of 107 out of 265 based on the ratings given to its competitors.
Several analysts have recently commented on ROL shares. Zacks Investment Research cut Rollins from a “buy” rating to a “hold” rating in a research report on Tuesday, September 20th. Nomura raised their target price on Rollins from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, September 7th.
Several hedge funds have recently made changes to their positions in ROL. 1832 Asset Management L.P. raised its stake in shares of Rollins by 161.9% in the first quarter. 1832 Asset Management L.P. now owns 1,851,600 shares of the company’s stock valued at $84,914,000 after buying an additional 1,144,500 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Rollins by 131.4% in the first quarter. Goldman Sachs Group Inc. now owns 1,125,637 shares of the company’s stock valued at $30,528,000 after buying an additional 639,196 shares in the last quarter. BlackRock Institutional Trust Company N.A. raised its stake in shares of Rollins by 16.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 3,292,539 shares of the company’s stock valued at $96,373,000 after buying an additional 460,362 shares in the last quarter. Aviva PLC purchased a new stake in shares of Rollins during the second quarter valued at about $6,074,000. Finally, Renaissance Technologies LLC raised its stake in shares of Rollins by 16.0% in the first quarter. Renaissance Technologies LLC now owns 1,485,975 shares of the company’s stock valued at $40,300,000 after buying an additional 204,475 shares in the last quarter. Institutional investors and hedge funds own 35.59% of the company’s stock.
Shares of Rollins (NYSE:ROL) traded down 0.3936% during midday trading on Thursday, hitting $28.6468. The stock had a trading volume of 72,431 shares. The firm has a 50-day moving average price of $28.71 and a 200-day moving average price of $28.08. The firm has a market cap of $6.25 billion, a price-to-earnings ratio of 40.0095 and a beta of 0.41. Rollins has a 1-year low of $23.69 and a 1-year high of $29.71.
Rollins (NYSE:ROL) last issued its earnings results on Wednesday, July 27th. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by $0.01. The business earned $411.10 million during the quarter, compared to analyst estimates of $415.60 million. Rollins had a return on equity of 29.21% and a net margin of 10.26%. The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the business earned $0.21 EPS. On average, equities analysts anticipate that Rollins will post $0.76 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 9th. Investors of record on Wednesday, August 10th were issued a dividend of $0.10 per share. The ex-dividend date was Monday, August 8th. This represents a $0.40 annualized dividend and a dividend yield of 1.39%. Rollins’s dividend payout ratio is 54.80%.
Rollins, Inc is a service company, which provides pest and termite control services. The Company operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America and Australia with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, and Mexico.
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