Brokerages expect Servicemaster Global Holdings Inc (NYSE:SERV) to post earnings per share (EPS) of $0.34 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Servicemaster Global’s earnings. The lowest EPS estimate is $0.32 and the highest is $0.35. Servicemaster Global reported earnings per share of $0.44 during the same quarter last year, which indicates a negative year over year growth rate of 22.7%. The firm is scheduled to announce its next earnings results on Thursday, February 22nd.
On average, analysts expect that Servicemaster Global will report full-year earnings of $2.09 per share for the current fiscal year, with EPS estimates ranging from $2.08 to $2.11. For the next fiscal year, analysts anticipate that the firm will post earnings of $2.38 per share, with EPS estimates ranging from $2.24 to $2.71. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow Servicemaster Global.
SERV has been the subject of a number of research reports. Zacks Investment Research upgraded shares of Servicemaster Global from a “hold” rating to a “buy” rating and set a $57.00 price target for the company in a research 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 research report on Monday, October 23rd. Robert W. Baird restated a “hold” rating and set a $52.00 price objective on shares of Servicemaster Global in a research report on Wednesday, November 1st. Royal Bank of Canada restated a “hold” rating and set a $46.00 price objective on shares of Servicemaster Global in a research report on Monday, November 20th. Finally, William Blair initiated coverage on Servicemaster Global in a research report on Monday, January 29th. They set an “outperform” rating for the company. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company’s stock. Servicemaster Global has an average rating of “Hold” and a consensus target price of $51.17.
Several hedge funds and other institutional investors have recently made changes to their positions in SERV. Atlanta Capital Management Co. L L C grew its stake in shares of Servicemaster Global by 42.7% during the 2nd quarter. Atlanta Capital Management Co. L L C now owns 5,196,144 shares of the business services provider’s stock valued at $203,636,000 after buying an additional 1,554,084 shares during the period. Frontier Capital Management Co. LLC purchased a new stake in shares of Servicemaster Global during the 3rd quarter valued at $54,170,000. Pictet Asset Management Ltd. grew its stake in shares of Servicemaster Global by 14,093.4% during the 3rd quarter. Pictet Asset Management Ltd. now owns 780,635 shares of the business services provider’s stock valued at $36,479,000 after buying an additional 775,135 shares during the period. Davidson Kempner Capital Management LP purchased a new stake in shares of Servicemaster Global during the 3rd quarter valued at $36,216,000. Finally, Longview Partners Guernsey LTD grew its stake in shares of Servicemaster Global by 4.6% during the 3rd quarter. Longview Partners Guernsey LTD now owns 9,490,981 shares of the business services provider’s stock valued at $443,514,000 after buying an additional 417,782 shares during the period.
Servicemaster Global (NYSE SERV) traded down $0.49 during mid-day trading on Tuesday, hitting $50.58. 701,725 shares of the stock were exchanged, compared to its average volume of 472,156. Servicemaster Global has a 52 week low of $36.34 and a 52 week high of $54.48. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.99 and a current ratio of 1.03. The firm has a market cap of $7,091.70, a P/E ratio of 29.04 and a beta of 0.93.
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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.
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