UBS Group Reaffirms Neutral Rating for Rollins (NYSE:ROL)

Rollins (NYSE:ROL)‘s stock had its “neutral” rating reaffirmed by equities research analysts at UBS Group in a research report issued on Monday, Marketbeat reports. They currently have a $49.00 price objective on the business services provider’s stock. UBS Group’s price target would indicate a potential upside of 13.14% from the stock’s current price.

A number of other equities analysts have also commented on the stock. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Morgan Stanley assumed coverage on shares of Rollins in a research report on Thursday, December 21st. They set an “equal weight” rating and a $42.00 target price for the company. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Thursday, February 15th. Finally, The Goldman Sachs Group assumed coverage on shares of Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 target price for the company. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $46.83.

Rollins Price Performance

Shares of NYSE:ROL opened at $43.31 on Monday. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $20.99 billion, a PE ratio of 49.22, a P/E/G ratio of 3.50 and a beta of 0.63. Rollins has a twelve month low of $32.19 and a twelve month high of $47.45. The company has a 50-day moving average price of $44.55 and a two-hundred day moving average price of $41.81.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, February 14th. The business services provider reported $0.21 EPS for the quarter, meeting analysts’ consensus estimates of $0.21. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The company had revenue of $754.10 million during the quarter, compared to analyst estimates of $753.40 million. During the same period last year, the business earned $0.17 earnings per share. Rollins’s revenue was up 14.0% compared to the same quarter last year. Equities analysts forecast that Rollins will post 0.99 EPS for the current year.

Insiders Place Their Bets

In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total transaction of $230,900.00. Following the transaction, the chief financial officer now directly owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Elizabeth B. Chandler sold 10,000 shares of Rollins stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total value of $410,500.00. Following the transaction, the insider now directly owns 99,709 shares of the company’s stock, valued at $4,093,054.45. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the completion of the transaction, the chief financial officer now directly owns 99,078 shares in the company, valued at $4,575,422.04. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 22,824 shares of company stock valued at $994,558. 4.69% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Treasurer of the State of North Carolina boosted its holdings in Rollins by 14.9% in the third quarter. Treasurer of the State of North Carolina now owns 118,662 shares of the business services provider’s stock valued at $4,430,000 after acquiring an additional 15,393 shares in the last quarter. Caprock Group LLC bought a new stake in Rollins in the fourth quarter valued at $1,617,000. Asset Management One Co. Ltd. boosted its holdings in Rollins by 17.7% in the fourth quarter. Asset Management One Co. Ltd. now owns 171,348 shares of the business services provider’s stock valued at $7,498,000 after acquiring an additional 25,709 shares in the last quarter. Crown Oak Advisors LLC bought a new stake in Rollins in the fourth quarter valued at $9,547,000. Finally, Briaud Financial Planning Inc bought a new stake in Rollins in the third quarter valued at $98,000. 51.79% of the stock is owned by hedge funds and other institutional investors.

About Rollins

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.