Analysts at William Blair started coverage on shares of Rollins (NYSE:ROL) in a report issued on Monday, The Fly reports. The brokerage set an “outperform” rating on the business services provider’s stock.
Several other research firms also recently weighed in on ROL. Zacks Investment Research raised shares of Rollins from a “hold” rating to a “buy” rating and set a $57.00 target price on the stock in a research report on Saturday. KeyCorp reissued a “hold” rating on shares of Rollins in a research report on Sunday, October 29th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Rollins has a consensus rating of “Buy” and an average price target of $47.67.
Rollins (ROL) traded down $0.37 during midday trading on Monday, hitting $50.24. 470,098 shares of the company traded hands, compared to its average volume of 633,417. The company has a market cap of $10,970.00, a price-to-earnings ratio of 61.27 and a beta of 0.28. Rollins has a 1 year low of $34.75 and a 1 year high of $51.78.
Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, January 24th. The business services provider reported $0.21 EPS for the quarter, topping the consensus estimate of $0.20 by $0.01. The firm had revenue of $414.70 million during the quarter, compared to analyst estimates of $412.08 million. Rollins had a net margin of 10.70% and a return on equity of 29.76%. Rollins’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.17 EPS. analysts expect that Rollins will post 1.12 EPS for the current fiscal year.
In related news, Vice Chairman Gary W. Rollins bought 2,180 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were bought at an average price of $45.84 per share, with a total value of $99,931.20. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. 56.30% of the stock is currently owned by insiders.
Hedge funds have recently added to or reduced their stakes in the company. Beacon Capital Management purchased a new stake in shares of Rollins in the 4th quarter valued at $0. Advisor Group Inc. boosted its holdings in shares of Rollins by 16.8% in the 3rd quarter. Advisor Group Inc. now owns 3,523 shares of the business services provider’s stock valued at $102,000 after acquiring an additional 506 shares during the last quarter. TrimTabs Asset Management LLC boosted its holdings in shares of Rollins by 89.0% in the 1st quarter. TrimTabs Asset Management LLC now owns 3,669 shares of the business services provider’s stock valued at $136,000 after acquiring an additional 1,728 shares during the last quarter. First Quadrant L P CA boosted its holdings in shares of Rollins by 909.7% in the 2nd quarter. First Quadrant L P CA now owns 3,857 shares of the business services provider’s stock valued at $157,000 after acquiring an additional 3,475 shares during the last quarter. Finally, First Manhattan Co. purchased a new stake in shares of Rollins in the 4th quarter valued at $185,000. 37.61% of the stock is currently 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.