Rollins Inc. (ROL) Stock Rating Lowered by Zacks Investment Research
According to Zacks, “Rollins Inc. provides services to both residential and commercial customers. The four primary services provided are termite and pest control, protective services, lawn care and plantscaping. Orkin Exterminating Company, Inc., a wholly owned subsidiary (Orkin), is one of the world’s largest termite and pest control companies. Rollins Protective Services, a division of the Registrant, is a pioneer in developing customized wired and wireless electronic security systems. “
Separately, Nomura boosted their price objective on shares of Rollins from $30.00 to $32.00 and gave the company a buy rating in a research report on Wednesday, September 7th.
Shares of Rollins (NYSE:ROL) opened at 29.21 on Wednesday. The company has a market cap of $6.38 billion, a P/E ratio of 40.80 and a beta of 0.41. The company’s 50 day moving average is $28.66 and its 200 day moving average is $28.07. Rollins has a 12 month low of $23.69 and a 12 month high of $29.71.
Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, July 27th. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.23 by $0.01. The firm had revenue of $411.10 million for the quarter, compared to the consensus estimate of $415.60 million. Rollins had a net margin of 10.26% and a return on equity of 29.21%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.21 earnings per share. On average, equities research analysts predict that Rollins will post $0.76 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 9th. Shareholders of record on Wednesday, August 10th were given a $0.10 dividend. The ex-dividend date of this dividend was Monday, August 8th. This represents a $0.40 annualized dividend and a yield of 1.37%. Rollins’s dividend payout ratio (DPR) is 54.80%.
Several large investors have recently made changes to their positions in ROL. Mason Street Advisors LLC acquired a new stake in shares of Rollins during the second quarter valued at $1,255,000. Front Street Capital Management Inc. acquired a new stake in shares of Rollins during the second quarter valued at $445,000. Public Employees Retirement System of Ohio boosted its stake in shares of Rollins by 0.3% in the second quarter. Public Employees Retirement System of Ohio now owns 39,232 shares of the company’s stock valued at $1,148,000 after buying an additional 102 shares during the last quarter. Calvert Investment Management Inc. acquired a new stake in shares of Rollins during the second quarter valued at $216,000. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of Rollins by 8.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 288,469 shares of the company’s stock valued at $8,444,000 after buying an additional 22,191 shares during the last quarter. 35.59% of the stock is owned by hedge funds and other institutional investors.
Rollins Company Profile
Rollins, Inc is a service company, which provides pest and termite control services. The Company 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 and Australia with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, and Mexico.
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