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

Shares of Rollins, Inc. (NYSE:ROL) have earned a consensus recommendation of “Moderate Buy” from the sixteen ratings firms that are covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $63.0714.

Several research firms have issued reports on ROL. Weiss Ratings lowered Rollins from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. Sanford C. Bernstein downgraded Rollins from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $70.00 to $52.00 in a research report on Friday, May 29th. Loop Capital initiated coverage on Rollins in a research report on Monday, April 13th. They issued a “hold” rating and a $56.00 target price on the stock. Canaccord Genuity Group set a $51.00 target price on Rollins and gave the company a “hold” rating in a research report on Friday, April 24th. Finally, UBS Group upped their target price on Rollins from $58.00 to $61.00 and gave the company a “neutral” rating in a research report on Friday, April 24th.

Rollins Price Performance

NYSE:ROL opened at $43.21 on Monday. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.35. The stock’s 50 day moving average price is $50.61 and its two-hundred day moving average price is $56.06. The firm has a market capitalization of $20.81 billion, a price-to-earnings ratio of 39.65, a P/E/G ratio of 2.66 and a beta of 0.73. Rollins has a 12-month low of $42.61 and a 12-month high of $66.14.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. The firm had revenue of $906.42 million for the quarter, compared to analyst estimates of $895.17 million. Rollins had a return on equity of 38.37% and a net margin of 13.77%.The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.22 earnings per share. On average, analysts anticipate 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 was paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th were given a $0.1825 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.73 annualized dividend and a dividend yield of 1.7%. Rollins’s dividend payout ratio is presently 66.97%.

Institutional Investors Weigh In On Rollins

A number of large investors have recently added to or reduced their stakes in the stock. LRI Investments LLC grew its position in Rollins by 8.7% during the fourth quarter. LRI Investments LLC now owns 2,293 shares of the business services provider’s stock worth $138,000 after buying an additional 183 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in Rollins by 1.1% during the first quarter. Sequoia Financial Advisors LLC now owns 16,365 shares of the business services provider’s stock worth $874,000 after buying an additional 183 shares in the last quarter. IFM Investors Pty Ltd grew its position in Rollins by 0.3% during the first quarter. IFM Investors Pty Ltd now owns 57,895 shares of the business services provider’s stock worth $3,092,000 after buying an additional 185 shares in the last quarter. New Mexico Educational Retirement Board grew its position in Rollins by 1.6% during the fourth quarter. New Mexico Educational Retirement Board now owns 12,875 shares of the business services provider’s stock worth $773,000 after buying an additional 200 shares in the last quarter. Finally, Inspire Investing LLC grew its position in Rollins by 3.9% during the fourth quarter. Inspire Investing LLC now owns 5,457 shares of the business services provider’s stock worth $328,000 after buying an additional 203 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

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.