ServiceMaster Global Holdings, Inc. (NYSE:SERV) has been given a consensus recommendation of “Hold” by the ten analysts that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and six have assigned a 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 $43.57.

SERV has been the subject of a number of research analyst reports. Instinet raised their price objective on ServiceMaster Global Holdings from $30.00 to $32.00 and gave the company a “reduce” rating in a research report on Thursday, May 25th. Royal Bank Of Canada restated a “buy” rating and set a $44.00 price objective on shares of ServiceMaster Global Holdings in a research report on Tuesday, June 27th. Zacks Investment Research upgraded ServiceMaster Global Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, April 13th. Credit Suisse Group restated an “outperform” rating and set a $52.00 price objective (up previously from $47.00) on shares of ServiceMaster Global Holdings in a research report on Tuesday, August 1st. Finally, J P Morgan Chase & Co initiated coverage on ServiceMaster Global Holdings in a research report on Thursday, April 20th. They set an “overweight” rating and a $49.00 price objective for the company.

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ServiceMaster Global Holdings (NYSE:SERV) traded up 1.14% during midday trading on Friday, reaching $45.11. The company’s stock had a trading volume of 164,701 shares. ServiceMaster Global Holdings has a one year low of $32.41 and a one year high of $45.31. The firm has a 50 day moving average price of $39.89 and a 200 day moving average price of $39.22. The firm has a market cap of $6.02 billion, a P/E ratio of 27.51 and a beta of 1.05.

ServiceMaster Global Holdings (NYSE:SERV) last issued its quarterly earnings data on Monday, July 31st. The business services provider reported $0.69 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.69. The firm had revenue of $807 million during the quarter, compared to analyst estimates of $806.64 million. ServiceMaster Global Holdings had a return on equity of 40.74% and a net margin of 7.92%. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.67 earnings per share. Equities research analysts forecast that ServiceMaster Global Holdings will post $2.04 EPS for the current fiscal year.

In related news, insider Timothy M. Haynes sold 45,623 shares of ServiceMaster Global Holdings stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $44.48, for a total value of $2,029,311.04. Following the completion of the transaction, the insider now owns 29,833 shares in the company, valued at $1,326,971.84. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Robert J. Gillette sold 1,142,961 shares of ServiceMaster Global Holdings stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $42.58, for a total value of $48,667,279.38. Following the completion of the transaction, the chief executive officer now owns 642,022 shares of the company’s stock, valued at approximately $27,337,296.76. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,197,814 shares of company stock valued at $51,100,588. 1.20% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC raised its position in ServiceMaster Global Holdings by 6.9% in the first quarter. FMR LLC now owns 15,507,134 shares of the business services provider’s stock valued at $647,423,000 after buying an additional 997,837 shares in the last quarter. Janus Capital Management LLC raised its position in ServiceMaster Global Holdings by 6.2% in the first quarter. Janus Capital Management LLC now owns 14,212,322 shares of the business services provider’s stock valued at $593,365,000 after buying an additional 831,991 shares in the last quarter. Vanguard Group Inc. raised its position in ServiceMaster Global Holdings by 5.0% in the first quarter. Vanguard Group Inc. now owns 10,436,101 shares of the business services provider’s stock valued at $435,707,000 after buying an additional 494,133 shares in the last quarter. Longview Partners Guernsey LTD raised its position in ServiceMaster Global Holdings by 5.4% in the second quarter. Longview Partners Guernsey LTD now owns 9,073,199 shares of the business services provider’s stock valued at $355,579,000 after buying an additional 464,930 shares in the last quarter. Finally, BlackRock Inc. raised its position in ServiceMaster Global Holdings by 31,635.5% in the first quarter. BlackRock Inc. now owns 5,574,344 shares of the business services provider’s stock valued at $232,730,000 after buying an additional 5,556,779 shares in the last quarter.

About ServiceMaster Global Holdings

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.

Analyst Recommendations for ServiceMaster Global Holdings (NYSE:SERV)

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