Rollins (NYSE:ROL) Price Target Increased to $43.00 by Analysts at Morgan Stanley

Rollins (NYSE:ROL) had its price objective raised by research analysts at Morgan Stanley from $42.00 to $43.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has an “equal weight” rating on the business services provider’s stock. Morgan Stanley’s price objective would suggest a potential downside of 4.76% from the stock’s current price.

ROL has been the subject of a number of other research reports. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a research note on Thursday. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research note on Thursday, February 15th. The Goldman Sachs Group began coverage on Rollins in a research note on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price objective for the company. Finally, UBS Group reiterated a “neutral” rating and issued a $49.00 target price on shares of Rollins in a research report on Monday, April 15th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $47.00.

Rollins Stock Up 2.0 %

Shares of NYSE:ROL traded up $0.88 during mid-day trading on Friday, hitting $45.15. 620,723 shares of the company traded hands, compared to its average volume of 1,944,620. The firm has a market cap of $21.88 billion, a P/E ratio of 50.76, a PEG ratio of 3.38 and a beta of 0.63. 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 52-week low of $32.19 and a 52-week high of $47.45. The firm’s 50 day simple moving average is $44.46 and its 200 day simple moving average is $42.06.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, April 24th. The business services provider reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. The business had revenue of $748.35 million for the quarter, compared to the consensus estimate of $739.12 million. Rollins had a return on equity of 37.47% and a net margin of 13.94%. The company’s revenue was up 13.7% on a year-over-year basis. During the same period last year, the business posted $0.18 EPS. On average, equities analysts anticipate that Rollins will post 0.99 EPS for the current year.

Insider Buying and Selling

In related news, insider Elizabeth B. Chandler sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total value of $410,500.00. Following the sale, the insider now owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CFO Kenneth D. Krause sold 5,000 shares of the business’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the sale, the chief financial officer now owns 99,078 shares of the company’s stock, valued at approximately $4,575,422.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Elizabeth B. Chandler sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was 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 directly owns 99,709 shares in the company, valued at approximately $4,093,054.45. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,824 shares of company stock valued at $994,558. Insiders own 4.69% of the company’s stock.

Institutional Trading of Rollins

A number of hedge funds and other institutional investors have recently modified their holdings of ROL. CWM LLC grew its holdings in shares of Rollins by 63.7% during the third quarter. CWM LLC now owns 5,429 shares of the business services provider’s stock valued at $203,000 after buying an additional 2,112 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Rollins by 13.8% during the third quarter. IFP Advisors Inc now owns 6,037 shares of the business services provider’s stock valued at $225,000 after buying an additional 731 shares in the last quarter. DAVENPORT & Co LLC grew its stake in Rollins by 16.9% in the third quarter. DAVENPORT & Co LLC now owns 12,064 shares of the business services provider’s stock valued at $450,000 after purchasing an additional 1,740 shares in the last quarter. Koshinski Asset Management Inc. grew its stake in Rollins by 9.7% in the third quarter. Koshinski Asset Management Inc. now owns 10,001 shares of the business services provider’s stock valued at $373,000 after purchasing an additional 883 shares in the last quarter. Finally, Oak Thistle LLC purchased a new position in Rollins in the third quarter valued at about $801,000. Institutional investors own 51.79% of the company’s stock.

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.