Brokerages Set Rollins, Inc. (NYSE:ROL) Price Target at $66.08

Rollins, Inc. (NYSE:ROLGet Free Report) has been given an average rating of “Moderate Buy” by the fifteen research firms that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $66.0769.

Several research firms have issued reports on ROL. Canaccord Genuity Group set a $52.00 price objective on shares of Rollins and gave the company a “hold” rating in a research note on Friday, February 13th. Sanford C. Bernstein reissued an “outperform” rating on shares of Rollins in a research report on Tuesday, December 2nd. Bank of America initiated coverage on Rollins in a research report on Tuesday, February 17th. They set a “buy” rating and a $67.00 price target on the stock. Wells Fargo & Company set a $56.00 price objective on Rollins and gave the company an “equal weight” rating in a research note on Thursday, February 12th. Finally, UBS Group set a $65.00 target price on shares of Rollins in a research report on Wednesday, January 21st.

Read Our Latest Report on Rollins

Rollins Price Performance

ROL stock opened at $59.74 on Tuesday. The business has a 50 day moving average price of $61.51 and a 200 day moving average price of $59.17. The company has a quick ratio of 0.55, a current ratio of 0.60 and a debt-to-equity ratio of 0.35. The stock has a market cap of $28.74 billion, a price-to-earnings ratio of 54.81, a PEG ratio of 3.65 and a beta of 0.78. Rollins has a fifty-two week low of $49.73 and a fifty-two week high of $66.14.

Rollins (NYSE:ROLGet Free Report) last released its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). Rollins had a return on equity of 38.16% and a net margin of 14.00%.The company had revenue of $912.91 million for the quarter, compared to analyst estimates of $925.08 million. During the same period in the previous year, the business posted $0.22 EPS. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. Equities research analysts anticipate that Rollins will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th will be paid a $0.1825 dividend. The ex-dividend date is Wednesday, February 25th. This represents a $0.73 dividend on an annualized basis and a yield of 1.2%. Rollins’s payout ratio is currently 66.97%.

Insider Buying and Selling at Rollins

In other Rollins news, insider Thomas D. Tesh sold 887 shares of Rollins stock in a transaction that occurred on Monday, January 26th. The stock was sold at an average price of $63.26, for a total value of $56,111.62. Following the transaction, the insider directly owned 28,344 shares in the company, valued at approximately $1,793,041.44. This trade represents a 3.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Elizabeth B. Chandler sold 14,201 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $59.36, for a total value of $842,971.36. Following the sale, the insider owned 55,977 shares of the company’s stock, valued at $3,322,794.72. This trade represents a 20.24% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 73,351 shares of company stock valued at $4,554,785. Corporate insiders own 4.47% of the company’s stock.

Hedge Funds Weigh In On Rollins

Large investors have recently bought and sold shares of the company. DV Equities LLC acquired a new position in shares of Rollins during the fourth quarter worth about $25,000. Cornerstone Planning Group LLC raised its stake in shares of Rollins by 528.4% during the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after buying an additional 354 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Rollins in the 2nd quarter valued at approximately $30,000. Board of the Pension Protection Fund purchased a new stake in shares of Rollins in the fourth quarter valued at approximately $30,000. Finally, Root Financial Partners LLC purchased a new stake in shares of Rollins in the third quarter valued at approximately $31,000. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Key Rollins News

Here are the key news stories impacting Rollins this week:

Rollins Company Profile

(Get Free Report)

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.

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Analyst Recommendations for Rollins (NYSE:ROL)

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