Servicemaster Global (NYSE:SERV) had its price objective raised by research analysts at Royal Bank of Canada to $52.00 in a research note issued on Friday, The Fly reports. The brokerage currently has a “sector perform” rating on the business services provider’s stock. Royal Bank of Canada’s price target points to a potential downside of 1.59% from the company’s current price. The analysts noted that the move was a valuation call.

Other equities research analysts have also issued reports about the stock. Zacks Investment Research raised shares of Servicemaster Global from a “hold” rating to a “buy” rating and set a $57.00 price target on the stock in a report on Thursday, January 4th. Morgan Stanley set a $52.00 price target on shares of Servicemaster Global and gave the company a “buy” rating in a report on Monday, October 23rd. Robert W. Baird reaffirmed a “hold” rating and issued a $52.00 price target on shares of Servicemaster Global in a report on Wednesday, November 1st. Nomura upped their price target on shares of Servicemaster Global from $36.00 to $39.00 and gave the company a “reduce” rating in a report on Friday, November 3rd. Finally, BidaskClub lowered shares of Servicemaster Global from a “hold” rating to a “sell” rating in a report on Friday, October 13th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $49.92.

Shares of Servicemaster Global (NYSE:SERV) opened at $52.84 on Friday. Servicemaster Global has a 1-year low of $36.34 and a 1-year high of $53.79. The company has a debt-to-equity ratio of 3.12, a current ratio of 1.03 and a quick ratio of 0.99. The company has a market cap of $7,170.02, a price-to-earnings ratio of 30.37 and a beta of 1.00.

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

In related news, insider Mary Kay Wegner sold 1,256 shares of the firm’s stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $50.29, for a total value of $63,164.24. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, SVP James T. Lucke sold 21,000 shares of the firm’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $50.24, for a total transaction of $1,055,040.00. Following the completion of the transaction, the senior vice president now directly owns 21,000 shares in the company, valued at $1,055,040. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,464 shares of company stock worth $1,596,901. Corporate insiders own 1.20% of the company’s stock.

A number of institutional investors have recently modified their holdings of SERV. State of Alaska Department of Revenue raised its holdings in Servicemaster Global by 100.0% in the 4th quarter. State of Alaska Department of Revenue now owns 21,445 shares of the business services provider’s stock valued at $1,098,000 after acquiring an additional 10,720 shares during the last quarter. Frontier Capital Management Co. LLC raised its holdings in Servicemaster Global by 15.5% in the 4th quarter. Frontier Capital Management Co. LLC now owns 1,338,337 shares of the business services provider’s stock valued at $68,617,000 after acquiring an additional 179,131 shares during the last quarter. Schwab Charles Investment Management Inc. raised its holdings in Servicemaster Global by 7.5% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 525,234 shares of the business services provider’s stock valued at $26,929,000 after acquiring an additional 36,688 shares during the last quarter. Bank of Montreal Can raised its holdings in Servicemaster Global by 1,684.5% in the 4th quarter. Bank of Montreal Can now owns 117,025 shares of the business services provider’s stock valued at $5,999,000 after acquiring an additional 110,467 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in Servicemaster Global in the 3rd quarter valued at about $790,000.

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Servicemaster Global 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.

The Fly

Analyst Recommendations for Servicemaster Global (NYSE:SERV)