Shares of ServiceMaster Global Holdings, Inc. (NYSE:SERV) have earned a consensus recommendation of “Hold” from the thirteen research firms that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, three have given a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $48.73.

Several brokerages have weighed in on SERV. Zacks Investment Research upgraded ServiceMaster Global from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research report on Wednesday, October 4th. CIBC assumed coverage on ServiceMaster Global in a research note on Wednesday, September 20th. They issued an “outperform” rating and a $55.00 price target on the stock. BidaskClub raised ServiceMaster Global from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. Robert W. Baird reaffirmed a “hold” rating and issued a $52.00 price target on shares of ServiceMaster Global in a research note on Wednesday, November 1st. Finally, Morgan Stanley upped their price target on ServiceMaster Global from $49.00 to $51.00 and gave the stock an “overweight” rating in a research note on Thursday, September 28th.

Shares of ServiceMaster Global (SERV) traded up $0.08 during mid-day trading on Thursday, hitting $50.32. 570,711 shares of the stock traded hands, compared to its average volume of 561,222. The firm has a market cap of $6,794.66, a P/E ratio of 22.87 and a beta of 1.00. ServiceMaster Global has a one year low of $36.34 and a one year high of $50.49. The company has a current ratio of 1.03, a quick ratio of 0.99 and a debt-to-equity ratio of 3.12.

ServiceMaster Global (NYSE:SERV) last announced its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.73 EPS for the quarter, topping the consensus estimate of $0.61 by $0.12. ServiceMaster Global had a net margin of 8.16% and a return on equity of 40.22%. The company had revenue of $797.00 million during the quarter, compared to the consensus estimate of $795.41 million. During the same quarter last year, the firm posted $0.59 EPS. The company’s quarterly revenue was up 5.1% on a year-over-year basis. equities analysts expect that ServiceMaster Global will post 2.09 EPS for the current year.

In related news, insider Mary Kay Wegner sold 6,562 shares of the stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $47.13, for a total transaction of $309,267.06. Following the sale, the insider now directly owns 6,562 shares of the company’s stock, valued at $309,267.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CAO John Patrick Mullen sold 3,646 shares of the stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $46.47, for a total value of $169,429.62. Following the sale, the chief accounting officer now directly owns 3,280 shares in the company, valued at $152,421.60. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. The Manufacturers Life Insurance Company boosted its holdings in shares of ServiceMaster Global by 18.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,529 shares of the business services provider’s stock worth $177,000 after purchasing an additional 708 shares during the period. BNP Paribas Arbitrage SA raised its position in ServiceMaster Global by 117.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,559 shares of the business services provider’s stock valued at $179,000 after purchasing an additional 2,466 shares in the last quarter. SG Americas Securities LLC raised its position in ServiceMaster Global by 112.7% during the 2nd quarter. SG Americas Securities LLC now owns 5,107 shares of the business services provider’s stock valued at $200,000 after purchasing an additional 2,706 shares in the last quarter. CIBC Asset Management Inc bought a new stake in ServiceMaster Global during the 3rd quarter valued at $206,000. Finally, Oakbrook Investments LLC bought a new stake in ServiceMaster Global during the 3rd quarter valued at $213,000.

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ServiceMaster Global Company Profile

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 (NYSE:SERV)

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