Zacks: Rollins, Inc. (ROL) Receives Average Recommendation of “Hold” from Analysts
Shares of Rollins, Inc. (NYSE:ROL) have been given a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.
Zacks has also assigned Rollins an industry rank of 246 out of 265 based on the ratings given to related companies.
A number of research analysts recently issued reports on ROL shares. KeyCorp reissued a “hold” rating on shares of Rollins in a research report on Sunday, October 29th. Zacks Investment Research cut shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th.
Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, October 25th. The business services provider reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). Rollins had a net margin of 11.15% and a return on equity of 29.60%. The business had revenue of $450.40 million for the quarter, compared to analysts’ expectations of $449.92 million. During the same period last year, the business earned $0.23 earnings per share. The company’s revenue was up 6.2% on a year-over-year basis. analysts predict that Rollins will post 0.85 EPS for the current year.
In other news, Vice Chairman Gary W. Rollins bought 2,180 shares of the firm’s stock in a transaction on Wednesday, December 13th. The stock was acquired at an average cost of $45.84 per share, with a total value of $99,931.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 56.30% of the stock is currently owned by insiders.
Institutional investors have recently modified their holdings of the business. Toronto Dominion Bank raised its holdings in Rollins by 243.6% in the third quarter. Toronto Dominion Bank now owns 4,144 shares of the business services provider’s stock worth $191,000 after buying an additional 2,938 shares during the last quarter. Hengehold Capital Management LLC purchased a new position in Rollins in the third quarter worth about $202,000. Clinton Group Inc. purchased a new position in Rollins in the second quarter worth about $217,000. Achmea Investment Management B.V. purchased a new position in Rollins in the second quarter worth about $221,000. Finally, Wolverine Trading LLC purchased a new position in Rollins in the third quarter worth about $232,000. 37.64% of the stock is owned by institutional investors and hedge funds.
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Rollins Company Profile
Rollins, Inc is a service company, which operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America, Australia, and Europe with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Canada, Australia, and Mexico.
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