Rollins (NYSE:ROL) Posts Quarterly Earnings Results, Hits Estimates

Rollins (NYSE:ROL) posted its quarterly earnings data on Wednesday. The business services provider reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20, Briefing.com reports. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The company had revenue of $748.35 million during the quarter, compared to analyst estimates of $739.12 million. During the same quarter last year, the firm posted $0.18 EPS. The business’s revenue for the quarter was up 13.7% on a year-over-year basis.

Rollins Price Performance

Shares of ROL opened at $42.87 on Thursday. The firm has a market cap of $20.77 billion, a PE ratio of 48.72, a PEG ratio of 3.37 and a beta of 0.63. The firm’s 50 day moving average price is $44.41 and its 200 day moving average price is $42.04. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.65 and a current ratio of 0.71. Rollins has a twelve month low of $32.19 and a twelve month high of $47.45.

Rollins Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.40%. Rollins’s dividend payout ratio (DPR) is 68.18%.

Insider Activity at Rollins

In related news, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total transaction of $230,900.00. Following the transaction, the chief financial officer now owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total transaction of $230,900.00. Following the transaction, the chief financial officer now owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Traci Hornfeck sold 2,677 shares of the firm’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the transaction, the insider now directly owns 14,376 shares in the company, valued at approximately $625,068.48. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,824 shares of company stock valued at $994,558. 4.69% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ROL has been the subject of several research reports. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research report on Thursday, February 15th. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a report on Thursday. UBS Group reiterated a “neutral” rating and issued a $49.00 target price on shares of Rollins in a report on Monday, April 15th. Finally, The Goldman Sachs Group began coverage on shares of Rollins in a report on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 target price for the company. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Rollins has an average rating of “Moderate Buy” and a consensus target price of $46.83.

About Rollins

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.