StockNews.com Downgrades Rollins (NYSE:ROL) to Hold

Rollins (NYSE:ROL) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Thursday.

Several other research analysts have also recently issued reports on the company. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note on Thursday, February 15th. UBS Group restated a “neutral” rating and set a $49.00 price target on shares of Rollins in a research note on Monday, April 15th. Finally, The Goldman Sachs Group assumed coverage on Rollins in a research note on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price target on the stock. Three equities 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, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

Rollins Stock Up 1.4 %

Shares of NYSE ROL opened at $44.90 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.71 and a quick ratio of 0.65. The company has a market cap of $21.76 billion, a P/E ratio of 50.45, a PEG ratio of 3.38 and a beta of 0.63. Rollins has a 1 year low of $32.19 and a 1 year high of $47.45. The firm has a 50-day simple moving average of $44.54 and a two-hundred day simple moving average of $42.11.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. Rollins had a net margin of 13.94% and a return on equity of 37.47%. The business had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. During the same quarter last year, the firm earned $0.18 earnings per share. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. Research analysts anticipate that Rollins will post 0.99 earnings per share for the current year.

Insider Activity

In related news, insider Elizabeth B. Chandler sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the sale, the insider now owns 99,709 shares of the company’s stock, valued at $4,093,054.45. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, insider Elizabeth B. Chandler sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the sale, the insider now owns 99,709 shares of the company’s stock, valued at $4,093,054.45. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Traci Hornfeck sold 2,677 shares of the firm’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the sale, 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 90 days, insiders have sold 22,824 shares of company stock worth $994,558. Company insiders own 4.69% of the company’s stock.

Institutional Investors Weigh In On Rollins

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Rollins by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 32,231,567 shares of the business services provider’s stock valued at $1,407,553,000 after purchasing an additional 211,560 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Rollins by 40.6% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 9,293,419 shares of the business services provider’s stock worth $346,923,000 after acquiring an additional 2,682,017 shares in the last quarter. Norges Bank acquired a new stake in Rollins in the fourth quarter worth about $256,862,000. Invesco Ltd. boosted its holdings in Rollins by 18.4% in the third quarter. Invesco Ltd. now owns 3,992,323 shares of the business services provider’s stock worth $149,033,000 after acquiring an additional 620,179 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in Rollins by 10.9% in the third quarter. Northern Trust Corp now owns 3,165,604 shares of the business services provider’s stock worth $118,172,000 after acquiring an additional 312,274 shares in the last quarter. 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.