Brokerages expect that Servicemaster Global Holdings Inc (NYSE:SERV) will post earnings per share of $0.24 for the current quarter, according to Zacks. Four analysts have made estimates for Servicemaster Global’s earnings, with estimates ranging from $0.19 to $0.32. Servicemaster Global posted earnings of $0.35 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 31.4%. The firm is scheduled to announce its next earnings results on Tuesday, February 26th.

On average, analysts expect that Servicemaster Global will report full year earnings of $2.11 per share for the current year, with EPS estimates ranging from $2.08 to $2.15. For the next fiscal year, analysts expect that the company will post earnings of $1.57 per share, with EPS estimates ranging from $1.39 to $1.97. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Servicemaster Global.

Servicemaster Global (NYSE:SERV) last posted its earnings results on Tuesday, November 6th. The business services provider reported $0.67 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.79 by ($0.12). Servicemaster Global had a return on equity of 23.65% and a net margin of 16.61%. The business had revenue of $873.00 million for the quarter, compared to analysts’ expectations of $865.00 million. During the same quarter in the previous year, the firm earned $0.73 earnings per share. Servicemaster Global’s quarterly revenue was up 9.5% compared to the same quarter last year.

SERV has been the subject of a number of research reports. William Blair reiterated a “buy” rating on shares of Servicemaster Global in a report on Tuesday, September 11th. Morgan Stanley set a $61.00 target price on Servicemaster Global and gave the company a “buy” rating in a report on Thursday, September 13th. Zacks Investment Research cut Servicemaster Global from a “hold” rating to a “strong sell” rating in a report on Friday, August 10th. ValuEngine upgraded Servicemaster Global from a “sell” rating to a “hold” rating in a report on Monday, October 8th. Finally, Goldman Sachs Group started coverage on Servicemaster Global in a report on Wednesday, November 14th. They set a “neutral” rating and a $44.00 target price for the company. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $47.67.

Shares of SERV traded down $0.23 during midday trading on Friday, reaching $42.22. The stock had a trading volume of 97,896 shares, compared to its average volume of 1,501,627. Servicemaster Global has a 12-month low of $30.90 and a 12-month high of $45.64. The company has a current ratio of 1.15, a quick ratio of 1.09 and a debt-to-equity ratio of 1.90. The stock has a market capitalization of $5.76 billion, a P/E ratio of 20.01, a PEG ratio of 1.96 and a beta of 0.81.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SERV. Iridian Asset Management LLC CT raised its position in Servicemaster Global by 299.4% during the 3rd quarter. Iridian Asset Management LLC CT now owns 4,552,256 shares of the business services provider’s stock valued at $282,376,000 after purchasing an additional 3,412,432 shares during the last quarter. Capital International Investors bought a new position in Servicemaster Global during the 3rd quarter valued at approximately $210,902,000. Eagle Asset Management Inc. raised its position in Servicemaster Global by 1,857.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 915,375 shares of the business services provider’s stock valued at $56,780,000 after purchasing an additional 868,601 shares during the last quarter. Standard Life Aberdeen plc bought a new position in Servicemaster Global during the 2nd quarter valued at approximately $49,603,000. Finally, Atlanta Capital Management Co. L L C raised its position in Servicemaster Global by 12.4% during the 3rd quarter. Atlanta Capital Management Co. L L C now owns 6,264,021 shares of the business services provider’s stock valued at $388,557,000 after purchasing an additional 693,233 shares during the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

About Servicemaster Global

ServiceMaster Global Holdings, Inc provides residential and commercial services in the United States. The company operates through three segments: Terminix, American Home Shield, and the Franchise Services Group. The Terminix segment offers termite and pest control services, including termite remediation, annual termite inspection, and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.

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Earnings History and Estimates for Servicemaster Global (NYSE:SERV)

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