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

Shares of Rollins, Inc. (NYSE:ROL) have earned a consensus rating of “Moderate Buy” from the seventeen brokerages that are currently covering the firm, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $64.00.

A number of equities analysts recently issued reports on ROL shares. Bank of America started coverage on shares of Rollins in a research report on Tuesday, February 17th. They set a “buy” rating and a $67.00 target price on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $67.00 target price on shares of Rollins in a report on Thursday, April 23rd. Rothschild & Co Redburn set a $66.00 target price on shares of Rollins and gave the stock a “buy” rating in a report on Monday, April 27th. Wells Fargo & Company lowered their target price on shares of Rollins from $58.00 to $55.00 and set an “equal weight” rating on the stock in a report on Friday, May 15th. Finally, Loop Capital started coverage on shares of Rollins in a report on Monday, April 13th. They issued a “hold” rating and a $56.00 target price on the stock.

Rollins Price Performance

Shares of Rollins stock opened at $45.75 on Thursday. Rollins has a 1-year low of $44.43 and a 1-year high of $66.14. The firm has a fifty day simple moving average of $53.37 and a 200-day simple moving average of $57.80. The stock has a market capitalization of $22.03 billion, a price-to-earnings ratio of 41.97, a PEG ratio of 2.77 and a beta of 0.73. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.35.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. Rollins had a net margin of 13.77% and a return on equity of 38.37%. The business had revenue of $906.42 million for the quarter, compared to analyst estimates of $895.17 million. During the same quarter in the previous year, the firm posted $0.22 earnings per share. Rollins’s revenue was up 10.2% compared to the same quarter last year. On average, sell-side analysts expect that Rollins will post 1.24 earnings per share for the current year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th will be issued a $0.1825 dividend. The ex-dividend date of this dividend is Monday, May 11th. This represents a $0.73 annualized dividend and a dividend yield of 1.6%. Rollins’s dividend payout ratio is presently 66.97%.

Institutional Investors Weigh In On Rollins

Large investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Rollins by 5.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,812 shares of the business services provider’s stock worth $1,663,000 after buying an additional 1,620 shares in the last quarter. Empowered Funds LLC lifted its position in Rollins by 16.7% during the 1st quarter. Empowered Funds LLC now owns 6,427 shares of the business services provider’s stock worth $347,000 after buying an additional 918 shares in the last quarter. Woodline Partners LP lifted its position in Rollins by 40.7% during the 1st quarter. Woodline Partners LP now owns 23,728 shares of the business services provider’s stock worth $1,282,000 after buying an additional 6,859 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in Rollins by 75.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock worth $47,000 after buying an additional 375 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in Rollins by 185.0% during the 2nd quarter. First Trust Advisors LP now owns 368,718 shares of the business services provider’s stock worth $20,803,000 after buying an additional 239,361 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

About Rollins

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.