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

Rollins, Inc. (NYSE:ROL) has received an average rating of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $46.83.

A number of brokerages recently issued reports on ROL. The Goldman Sachs Group began coverage on Rollins in a report on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 target price on the stock. UBS Group reiterated a “neutral” rating and issued a $49.00 target price on shares of Rollins in a report on Monday, April 15th. 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. Finally, StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday.

Rollins Price Performance

Shares of ROL opened at $42.51 on Friday. Rollins has a 12-month low of $32.19 and a 12-month high of $47.45. The business’s fifty day moving average is $44.49 and its 200 day moving average is $41.86. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.42. The stock has a market cap of $20.60 billion, a P/E ratio of 48.31, a P/E/G ratio of 3.40 and a beta of 0.63.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, February 14th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.21. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The company had revenue of $754.10 million for the quarter, compared to analysts’ expectations of $753.40 million. During the same period last year, the business earned $0.17 EPS. Rollins’s quarterly revenue was up 14.0% compared to the same quarter last year. Sell-side analysts anticipate that Rollins will post 0.99 earnings per share for the current fiscal year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 21st were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend was Tuesday, February 20th. Rollins’s dividend payout ratio (DPR) is currently 68.18%.

Insider Buying and Selling at Rollins

In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO Kenneth D. Krause sold 5,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the completion of 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 Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Traci Hornfeck sold 2,677 shares of the business’s stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the transaction, the insider now directly owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The disclosure for this sale can be found here. Insiders sold 22,824 shares of company stock valued at $994,558 in the last quarter. 4.69% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Rollins

Institutional investors have recently made changes to their positions in the business. Norges Bank bought a new position in shares of Rollins during the fourth quarter valued at about $256,862,000. Vanguard Group Inc. boosted its holdings in Rollins by 18.7% during the 3rd quarter. Vanguard Group Inc. now owns 32,020,007 shares of the business services provider’s stock valued at $1,195,307,000 after acquiring an additional 5,041,371 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Rollins by 40.6% during the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 9,293,419 shares of the business services provider’s stock valued at $346,923,000 after acquiring an additional 2,682,017 shares during the period. APG Asset Management US Inc. purchased a new stake in Rollins during the 4th quarter valued at about $77,075,000. Finally, Durable Capital Partners LP purchased a new stake in Rollins during the 1st quarter valued at about $61,799,000. Hedge funds and other 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.