Rollins, Inc. (NYSE:ROL) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Rollins, Inc. (NYSE:ROL) has been assigned an average rating of “Moderate Buy” from the fifteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $66.0769.

Several analysts have recently weighed in on the stock. Canaccord Genuity Group set a $52.00 price objective on shares of Rollins and gave the stock a “hold” rating in a report on Friday, February 13th. Sanford C. Bernstein reissued an “outperform” rating on shares of Rollins in a report on Tuesday, December 2nd. UBS Group set a $65.00 price target on shares of Rollins in a research note on Wednesday, January 21st. Jefferies Financial Group set a $66.00 target price on Rollins and gave the company a “buy” rating in a research note on Monday, November 3rd. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $64.00 target price on shares of Rollins in a report on Thursday, October 30th.

Insider Buying and Selling at Rollins

In other Rollins news, CEO Jerry Jr. Gahlhoff sold 1,307 shares of the business’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $62.83, for a total value of $82,118.81. Following the sale, the chief executive officer owned 327,079 shares in the company, valued at approximately $20,550,373.57. The trade was a 0.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman John F. Wilson sold 5,344 shares of the business’s stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $62.83, for a total transaction of $335,763.52. Following the completion of the sale, the chairman directly owned 594,705 shares in the company, valued at approximately $37,365,315.15. This represents a 0.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 59,150 shares of company stock valued at $3,711,814 over the last quarter. 4.47% of the stock is currently owned by corporate insiders.

Institutional Trading of Rollins

Institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of Rollins during the 4th quarter worth approximately $244,669,000. Westfield Capital Management Co. LP boosted its holdings in shares of Rollins by 1,923.1% during the second quarter. Westfield Capital Management Co. LP now owns 1,878,134 shares of the business services provider’s stock worth $105,964,000 after acquiring an additional 1,785,300 shares during the period. Invesco Ltd. boosted its stake in Rollins by 41.2% in the 2nd quarter. Invesco Ltd. now owns 5,657,997 shares of the business services provider’s stock valued at $319,224,000 after purchasing an additional 1,649,676 shares during the period. Vanguard Group Inc. boosted its position in shares of Rollins by 4.3% in the fourth quarter. Vanguard Group Inc. now owns 38,282,523 shares of the business services provider’s stock valued at $2,297,717,000 after acquiring an additional 1,562,241 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in Rollins by 11,772.1% in the 4th quarter. Bessemer Group Inc. now owns 1,084,398 shares of the business services provider’s stock valued at $65,086,000 after purchasing an additional 1,075,264 shares during the period. Institutional investors own 51.79% of the company’s stock.

Rollins Price Performance

Shares of ROL stock opened at $60.37 on Tuesday. The stock’s fifty day simple moving average is $61.51 and its 200 day simple moving average is $59.16. Rollins has a one year low of $49.73 and a one year high of $66.14. The firm has a market cap of $29.04 billion, a price-to-earnings ratio of 55.39, a P/E/G ratio of 3.78 and a beta of 0.78. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.60 and a quick ratio of 0.55.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, February 11th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). Rollins had a net margin of 14.00% and a return on equity of 38.16%. The company had revenue of $912.91 million for the quarter, compared to the consensus estimate of $925.08 million. During the same period in the previous year, the business posted $0.22 earnings per share. The firm’s revenue was up 9.7% compared to the same quarter last year. On average, analysts expect that Rollins will post 1.09 earnings per share for the current fiscal year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 25th will be issued a dividend of $0.1825 per share. This represents a $0.73 annualized dividend and a yield of 1.2%. The ex-dividend date is Wednesday, February 25th. Rollins’s dividend payout ratio (DPR) is 66.97%.

Rollins Company Profile

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.