Equities research analysts expect ServiceMaster Global Holdings, Inc. (NYSE:SERV) to post $0.69 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for ServiceMaster Global Holdings’ earnings, with the highest EPS estimate coming in at $0.71 and the lowest estimate coming in at $0.67. ServiceMaster Global Holdings reported earnings of $0.67 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 3%. The firm is scheduled to report its next quarterly earnings report before the market opens on Monday, July 31st.

According to Zacks, analysts expect that ServiceMaster Global Holdings will report full year earnings of $2.13 per share for the current financial year, with EPS estimates ranging from $2.08 to $2.19. For the next financial year, analysts anticipate that the firm will report earnings of $2.43 per share, with EPS estimates ranging from $2.34 to $2.51. Zacks’ EPS averages are an average based on a survey of research analysts that cover ServiceMaster Global Holdings.

ServiceMaster Global Holdings (NYSE:SERV) last released its earnings results on Thursday, April 27th. The business services provider reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by $0.04. The business had revenue of $643 million during the quarter, compared to analysts’ expectations of $638.52 million. ServiceMaster Global Holdings had a return on equity of 43.03% and a net margin of 5.61%. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.34 EPS.

Several research analysts have recently issued reports on the company. Royal Bank Of Canada reaffirmed a “buy” rating and set a $44.00 price objective on shares of ServiceMaster Global Holdings in a research report on Tuesday, June 27th. Zacks Investment Research raised ServiceMaster Global Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, April 13th. J P Morgan Chase & Co began coverage on ServiceMaster Global Holdings in a research report on Thursday, April 20th. They set an “overweight” rating and a $49.00 price objective for the company. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $49.00 price objective on shares of ServiceMaster Global Holdings in a research report on Thursday, April 6th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $48.00 price objective on shares of ServiceMaster Global Holdings in a research report on Friday, June 23rd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $42.17.

Several hedge funds have recently made changes to their positions in the company. Moody Lynn & Lieberson LLC raised its stake in shares of ServiceMaster Global Holdings by 0.3% in the first quarter. Moody Lynn & Lieberson LLC now owns 9,745 shares of the business services provider’s stock valued at $407,000 after buying an additional 29 shares in the last quarter. Utah Retirement Systems increased its position in shares of ServiceMaster Global Holdings by 0.4% in the first quarter. Utah Retirement Systems now owns 24,700 shares of the business services provider’s stock valued at $1,031,000 after buying an additional 100 shares in the last quarter. Pitcairn Co. increased its position in shares of ServiceMaster Global Holdings by 1.3% in the first quarter. Pitcairn Co. now owns 10,875 shares of the business services provider’s stock valued at $454,000 after buying an additional 135 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of ServiceMaster Global Holdings by 5.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,597 shares of the business services provider’s stock valued at $211,000 after buying an additional 309 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its position in shares of ServiceMaster Global Holdings by 1.0% in the first quarter. Public Employees Retirement System of Ohio now owns 57,309 shares of the business services provider’s stock valued at $2,393,000 after buying an additional 553 shares in the last quarter.

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ServiceMaster Global Holdings (SERV) opened at 39.66 on Thursday. The stock’s 50 day moving average price is $39.27 and its 200 day moving average price is $38.98. ServiceMaster Global Holdings has a 52 week low of $32.41 and a 52 week high of $42.45. The stock has a market cap of $5.32 billion, a price-to-earnings ratio of 35.10 and a beta of 1.01.

About ServiceMaster Global Holdings

ServiceMaster Global Holdings, Inc is a provider of essential residential and commercial services. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec.

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