Rollins, Inc. (NYSE:ROL) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Rollins, Inc. (NYSE:ROL) have been given an average recommendation of “Moderate Buy” by the six research firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $46.83.

A number of equities research analysts have commented on the company. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research report on Thursday, February 15th. UBS Group reaffirmed a “neutral” rating and set a $49.00 price objective on shares of Rollins in a research report on Monday, April 15th. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, The Goldman Sachs Group initiated coverage on Rollins in a research report on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 target price for the company.

Rollins Stock Up 0.5 %

Shares of ROL stock opened at $42.87 on Friday. The stock has a 50 day moving average of $44.41 and a 200 day moving average of $42.04. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.42. The stock has a market cap of $20.77 billion, a P/E ratio of 48.72, a P/E/G ratio of 3.35 and a beta of 0.63. Rollins has a twelve month low of $32.19 and a twelve month high of $47.45.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.20. The firm had revenue of $748.35 million for the quarter, compared to analyst estimates of $739.12 million. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The business’s revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.18 earnings per share. As a group, sell-side analysts expect that Rollins will post 0.99 EPS for the current year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.40%. Rollins’s payout ratio is currently 68.18%.

Insider Buying and Selling at Rollins

In related news, insider Traci Hornfeck sold 2,677 shares of the stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the transaction, the insider now directly owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Traci Hornfeck sold 2,677 shares of the stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the sale, the insider now owns 14,376 shares in the company, valued at approximately $625,068.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total value of $410,500.00. Following the completion of the sale, the insider now owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The disclosure for this sale can be found here. Insiders have sold 22,824 shares of company stock worth $994,558 over the last quarter. 4.69% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Rollins

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Simplicity Wealth LLC bought a new stake in Rollins in the first quarter valued at $344,000. Spire Wealth Management lifted its stake in Rollins by 126.0% in the first quarter. Spire Wealth Management now owns 1,706 shares of the business services provider’s stock valued at $79,000 after buying an additional 951 shares during the period. North Point Portfolio Managers Corp OH grew its holdings in Rollins by 0.3% during the first quarter. North Point Portfolio Managers Corp OH now owns 273,638 shares of the business services provider’s stock valued at $12,661,000 after purchasing an additional 764 shares during the period. Silver Lake Advisory LLC bought a new stake in shares of Rollins in the 1st quarter valued at $357,000. Finally, New Mexico Educational Retirement Board increased its position in shares of Rollins by 17.4% in the 1st quarter. New Mexico Educational Retirement Board now owns 14,175 shares of the business services provider’s stock valued at $656,000 after buying an additional 2,100 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

Rollins Company Profile

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.