Brokerages Set Rollins, Inc. (NYSE:ROL) Price Target at $46.60

Shares of Rollins, Inc. (NYSE:ROL) have been given an average recommendation of “Moderate Buy” by the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $46.60.

A number of equities analysts have recently weighed in on the company. StockNews.com upgraded Rollins from a “hold” rating to a “buy” rating in a report on Wednesday, July 10th. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research report on Thursday, July 25th. Morgan Stanley boosted their price target on shares of Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. Finally, UBS Group reissued a “neutral” rating and set a $49.00 price objective on shares of Rollins in a research report on Monday, April 15th.

Rollins Stock Performance

ROL opened at $48.01 on Monday. Rollins has a 1-year low of $32.19 and a 1-year high of $50.87. The company has a market capitalization of $23.25 billion, a price-to-earnings ratio of 53.94, a price-to-earnings-growth ratio of 3.72 and a beta of 0.70. The business has a 50 day moving average price of $48.43 and a two-hundred day moving average price of $45.98. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.78 and a quick ratio of 0.72.

Rollins (NYSE:ROL) last issued its earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. The firm had revenue of $891.90 million during the quarter, compared to analysts’ expectations of $895.02 million. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period last year, the firm posted $0.23 earnings per share. Research analysts predict that Rollins will post 1 EPS for the current fiscal year.

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Monday, August 12th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Monday, August 12th. Rollins’s dividend payout ratio is presently 67.42%.

Insider Buying and Selling at Rollins

In other news, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $47.82, for a total transaction of $224,084.52. Following the completion of the sale, the insider now owns 95,023 shares in the company, valued at approximately $4,543,999.86. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Rollins news, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $47.82, for a total transaction of $224,084.52. Following the completion of the sale, the insider now owns 95,023 shares of the company’s stock, valued at $4,543,999.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jerry Jr. Gahlhoff sold 12,000 shares of Rollins stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $47.20, for a total transaction of $566,400.00. Following the completion of the transaction, the chief executive officer now directly owns 288,671 shares in the company, valued at approximately $13,625,271.20. The disclosure for this sale can be found here. Insiders have sold a total of 20,017 shares of company stock worth $948,707 over the last three months. Corporate insiders own 4.69% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ROL. Norges Bank bought a new position in shares of Rollins during the 4th quarter worth about $256,862,000. APG Asset Management US Inc. acquired a new position in Rollins in the 4th quarter valued at approximately $77,075,000. TD Asset Management Inc lifted its position in shares of Rollins by 217.3% in the 4th quarter. TD Asset Management Inc now owns 2,468,600 shares of the business services provider’s stock worth $107,804,000 after acquiring an additional 1,690,668 shares during the period. Montrusco Bolton Investments Inc. acquired a new stake in shares of Rollins during the 4th quarter worth approximately $47,089,000. Finally, Epoch Investment Partners Inc. increased its position in shares of Rollins by 102.8% during the fourth quarter. Epoch Investment Partners Inc. now owns 1,688,661 shares of the business services provider’s stock valued at $73,744,000 after purchasing an additional 855,882 shares during the period. Institutional investors and hedge funds 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.