William Blair reiterated their buy rating on shares of Rollins (NYSE:ROL) in a research report released on Friday morning. William Blair also issued estimates for Rollins’ Q4 2018 earnings at $0.16 EPS.
A number of other research analysts have also issued reports on the company. ValuEngine raised Rollins from a buy rating to a strong-buy rating in a report on Tuesday, November 20th. Zacks Investment Research raised Rollins from a sell rating to a hold rating in a report on Wednesday, October 31st. Buckingham Research lifted their target price on Rollins from $50.00 to $56.00 and gave the stock a neutral rating in a report on Monday, October 29th. Gabelli began coverage on Rollins in a report on Monday, September 17th. They set a hold rating and a $51.00 target price on the stock. Finally, Stifel Nicolaus reaffirmed a hold rating and set a $55.00 target price (up from $50.00) on shares of Rollins in a report on Saturday, August 18th. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of $55.80.
Shares of NYSE ROL traded down $1.70 during midday trading on Friday, reaching $57.25. 916,433 shares of the company traded hands, compared to its average volume of 922,708. Rollins has a 52 week low of $44.71 and a 52 week high of $64.42. The stock has a market cap of $12.86 billion, a P/E ratio of 65.80, a P/E/G ratio of 5.49 and a beta of 0.31.
Rollins (NYSE:ROL) last released its earnings results on Wednesday, October 24th. The business services provider reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. The firm had revenue of $487.70 million for the quarter, compared to analyst estimates of $489.64 million. Rollins had a return on equity of 32.90% and a net margin of 11.97%. Rollins’s revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.24 earnings per share. Analysts expect that Rollins will post 1.09 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 10th. Investors of record on Friday, November 9th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Thursday, November 8th. Rollins’s payout ratio is currently 64.37%.
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Capital Analysts LLC increased its stake in Rollins by 1.1% in the 3rd quarter. Capital Analysts LLC now owns 81,865 shares of the business services provider’s stock worth $4,968,000 after purchasing an additional 889 shares in the last quarter. Nordea Investment Management AB grew its stake in Rollins by 11.3% during the 3rd quarter. Nordea Investment Management AB now owns 9,533 shares of the business services provider’s stock valued at $579,000 after acquiring an additional 967 shares in the last quarter. Baird Financial Group Inc. grew its stake in Rollins by 10.9% during the 3rd quarter. Baird Financial Group Inc. now owns 10,062 shares of the business services provider’s stock valued at $596,000 after acquiring an additional 986 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its stake in Rollins by 8.3% during the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 13,960 shares of the business services provider’s stock valued at $734,000 after acquiring an additional 1,069 shares in the last quarter. Finally, Cue Financial Group Inc. grew its stake in Rollins by 5.3% during the 3rd quarter. Cue Financial Group Inc. now owns 24,165 shares of the business services provider’s stock valued at $1,467,000 after acquiring an additional 1,225 shares in the last quarter. 38.93% of the stock is currently owned by hedge funds and other institutional investors.
Rollins Company Profile
Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.
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