ServiceMaster Global Holdings, Inc. (NYSE:SERV) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Saturday.

Several other research analysts have also weighed in on the company. Nomura boosted their price target on ServiceMaster Global Holdings from $36.00 to $39.00 and gave the stock a “reduce” rating in a research report on Friday. Zacks Investment Research raised ServiceMaster Global Holdings from a “sell” rating to a “hold” rating in a research report on Friday. Royal Bank Of Canada lowered their price target on ServiceMaster Global Holdings from $44.00 to $43.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Robert W. Baird reaffirmed a “hold” rating and set a $52.00 price target on shares of ServiceMaster Global Holdings in a research report on Wednesday. Finally, Morgan Stanley set a $52.00 price target on ServiceMaster Global Holdings and gave the stock a “buy” rating in a research report on Monday, October 23rd. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company’s stock. ServiceMaster Global Holdings has a consensus rating of “Hold” and a consensus price target of $48.75.

Shares of ServiceMaster Global Holdings (NYSE:SERV) traded up $0.19 during trading on Friday, reaching $47.18. The company had a trading volume of 513,203 shares, compared to its average volume of 771,614. ServiceMaster Global Holdings has a 1-year low of $34.98 and a 1-year high of $48.48. The firm has a market cap of $6,370.00, a price-to-earnings ratio of 21.36 and a beta of 1.00. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.90 and a current ratio of 1.03.

ServiceMaster Global Holdings (NYSE:SERV) last posted its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.12. The firm had revenue of $797.00 million for the quarter, compared to analyst estimates of $795.41 million. ServiceMaster Global Holdings had a return on equity of 40.22% and a net margin of 8.16%. The business’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.59 EPS. analysts anticipate that ServiceMaster Global Holdings will post 2.09 EPS for the current fiscal year.

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In other news, insider Timothy M. Haynes sold 5,000 shares of ServiceMaster Global Holdings stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $45.90, for a total transaction of $229,500.00. Following the completion of the transaction, the insider now directly owns 22,335 shares in the company, valued at approximately $1,025,176.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mary Kay Wegner sold 22,841 shares of ServiceMaster Global Holdings stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $44.40, for a total value of $1,014,140.40. Following the transaction, the insider now owns 5,572 shares of the company’s stock, valued at $247,396.80. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its stake in shares of ServiceMaster Global Holdings by 8.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 317,220 shares of the business services provider’s stock worth $13,244,000 after acquiring an additional 25,882 shares during the period. JPMorgan Chase & Co. boosted its stake in ServiceMaster Global Holdings by 4.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,463,249 shares of the business services provider’s stock valued at $96,535,000 after purchasing an additional 94,580 shares during the period. BT Investment Management Ltd bought a new stake in ServiceMaster Global Holdings in the 2nd quarter valued at $864,000. Stevens Capital Management LP bought a new stake in ServiceMaster Global Holdings in the 2nd quarter valued at $941,000. Finally, Princeton Portfolio Strategies Group LLC boosted its stake in ServiceMaster Global Holdings by 8.7% in the 2nd quarter. Princeton Portfolio Strategies Group LLC now owns 171,755 shares of the business services provider’s stock valued at $6,731,000 after purchasing an additional 13,710 shares during the period.

ServiceMaster Global Holdings Company Profile

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.

Analyst Recommendations for ServiceMaster Global Holdings (NYSE:SERV)

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