Rollins, Inc. (NYSE:ROL) Receives $55.57 Consensus PT from Analysts

Shares of Rollins, Inc. (NYSE:ROL) have earned a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $55.57.

Several equities research analysts have commented on the stock. Morgan Stanley raised their price target on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Royal Bank of Canada lifted their target price on Rollins from $52.00 to $62.00 and gave the company an “outperform” rating in a research note on Thursday, April 17th. StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research note on Thursday, April 17th. The Goldman Sachs Group set a $61.00 price objective on shares of Rollins and gave the company a “buy” rating in a research note on Thursday, April 24th. Finally, Canaccord Genuity Group increased their target price on shares of Rollins from $49.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, April 25th.

Rollins Price Performance

Shares of ROL stock opened at $56.70 on Wednesday. The firm has a fifty day moving average of $53.45 and a two-hundred day moving average of $50.43. The firm has a market cap of $27.48 billion, a P/E ratio of 59.06 and a beta of 0.80. Rollins has a 1-year low of $45.00 and a 1-year high of $57.20. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.22. The firm had revenue of $822.50 million for the quarter, compared to analysts’ expectations of $817.09 million. Rollins had a return on equity of 37.94% and a net margin of 13.76%. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period last year, the business posted $0.20 earnings per share. As a group, research analysts anticipate that Rollins will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Monday, May 12th will be paid a $0.165 dividend. The ex-dividend date is Monday, May 12th. This represents a $0.66 dividend on an annualized basis and a yield of 1.16%. Rollins’s dividend payout ratio is currently 66.67%.

Insider Buying and Selling at Rollins

In other news, insider Elizabeth B. Chandler sold 13,193 shares of the company’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $51.18, for a total value of $675,217.74. Following the transaction, the insider now owns 76,526 shares in the company, valued at $3,916,600.68. This represents a 14.70 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Traci Hornfeck sold 3,224 shares of the stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $53.10, for a total transaction of $171,194.40. Following the completion of the sale, the insider now owns 9,602 shares of the company’s stock, valued at approximately $509,866.20. The trade was a 25.14 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,259 shares of company stock valued at $1,047,330. 4.47% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Rollins

Several institutional investors have recently bought and sold shares of the stock. Asset Advisors Investment Management LLC lifted its holdings in Rollins by 57.0% in the 1st quarter. Asset Advisors Investment Management LLC now owns 33,750 shares of the business services provider’s stock worth $1,824,000 after purchasing an additional 12,257 shares during the last quarter. Wealthfront Advisers LLC raised its position in shares of Rollins by 5.7% in the first quarter. Wealthfront Advisers LLC now owns 93,125 shares of the business services provider’s stock valued at $5,032,000 after purchasing an additional 5,056 shares during the period. Whittier Trust Co. lifted its stake in shares of Rollins by 19.7% in the first quarter. Whittier Trust Co. now owns 5,419 shares of the business services provider’s stock worth $293,000 after buying an additional 890 shares during the last quarter. Dakota Wealth Management bought a new stake in shares of Rollins during the 1st quarter worth $6,254,000. Finally, Asahi Life Asset Management CO. LTD. acquired a new position in Rollins in the 1st quarter valued at $360,000. 51.79% of the stock is currently owned by institutional investors.

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.