Sanford C. Bernstein Has Lowered Expectations for Rollins (NYSE:ROL) Stock Price

Rollins (NYSE:ROL) had its price objective dropped by equities research analysts at Sanford C. Bernstein from $42.00 to $35.00 in a report released on Monday, MarketBeat Ratings reports. The firm currently has a “market perform” rating on the business services provider’s stock. Sanford C. Bernstein’s price objective would suggest a potential upside of 5.00% from the company’s previous close.

A number of other equities research analysts have also weighed in on ROL. Piper Sandler lowered shares of Rollins from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $46.00 to $33.00 in a report on Wednesday, September 23rd. BNP Paribas Exane dropped their price target on shares of Rollins from $44.00 to $35.00 and set a “neutral” rating for the company in a research note on Tuesday, September 29th. Barclays set a $45.00 price target on shares of Rollins and gave the company an “overweight” rating in a research note on Friday, July 24th. UBS Group set a $36.00 price target on shares of Rollins and gave the stock a “neutral” rating in a report on Wednesday, October 14th. Finally, Bank of America reissued a “neutral” rating and issued a $35.00 price objective (down from $55.00) on shares of Rollins in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $42.47.

Rollins Price Performance

Rollins stock opened at $33.33 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.58 and a current ratio of 0.63. Rollins has a 52 week low of $29.28 and a 52 week high of $66.14. The stock has a market capitalization of $16.04 billion, a P/E ratio of 28.16, a price-to-earnings-growth ratio of 3.63 and a beta of 0.73. The stock has a fifty day moving average of $33.82 and a 200-day moving average of $42.88.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.09 billion. Rollins had a net margin of 13.55% and a return on equity of 38.81%. The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.30 EPS. On average, sell-side analysts expect that Rollins will post 1.16 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rollins

Hedge funds and other institutional investors have recently made changes to their positions in the business. Raiffeisen Bank International AG boosted its stake in Rollins by 73.5% in the second quarter. Raiffeisen Bank International AG now owns 642 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 272 shares during the last quarter. Westpac Banking Corp purchased a new stake in shares of Rollins during the 2nd quarter worth approximately $42,000. Bayban purchased a new stake in shares of Rollins during the 4th quarter worth approximately $49,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Rollins during the 2nd quarter worth approximately $88,000. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Rollins in the 2nd quarter worth approximately $93,000. 51.79% of the stock is owned by institutional investors.

Trending Headlines about Rollins

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Rollins’ board approved a quarterly cash dividend of $0.20 per share, payable December 10 to shareholders of record November 10. The payout is approximately 10% higher than a year ago, signaling confidence in cash generation and providing added income support for investors. Rollins Increases Regular Quarterly Cash Dividend
• Positive Sentiment: A recent Seeking Alpha analysis describes Rollins as a durable business positioned in a secular-growth market, suggesting the stock’s valuation reset may create longer-term appeal despite recent underperformance. Rollins De-Rated, But A Great Mousetrap In A Secular Growth Market
• Neutral Sentiment: Rollins is scheduled to report quarterly earnings shortly. Investors will focus on revenue growth, margins and management’s outlook, particularly after the company’s most recent quarter fell slightly short of consensus earnings and revenue estimates. Rollins Reports Earnings Tomorrow: What to Expect
• Negative Sentiment: Canaccord Genuity lowered its price target from $45 to $36 and retained a Hold rating, while Bernstein cut its target from $42 to $35 with a Market Perform rating. The revisions imply limited upside and reflect more cautious expectations for the stock’s valuation. Rollins Analyst Price Target Changes

Rollins Company Profile

Rollins, Inc is a provider of pest and termite control services for residential and commercial customers. The company offers protection against common pests such as ants, cockroaches, rodents, termites, mosquitoes and bedbugs, along with wildlife control and other specialty services.

Rollins serves customers through a portfolio of regional and international brands, including Orkin, the company’s best-known pest control business; HomeTeam Pest Defense; Western Pest Services; Critter Control; and other local and specialized operations.