Rollins, Inc. (ROL) – What Are Researchers Saying About This Stock?

Shares of Rollins, Inc. (NYSE:ROL) have been assigned an average rating of “Hold” from the nineteen ratings firms that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $45.24.

A number of equities research analysts have issued reports on ROL shares. Barclays set a $45.00 price objective on shares of Rollins and gave the stock an “overweight” rating in a research report on Friday, July 24th. Zacks Research cut shares of Rollins from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Argus cut shares of Rollins from a “buy” rating to a “hold” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. cut their target price on Rollins from $40.00 to $35.00 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Wells Fargo & Company reaffirmed an “underweight” rating and issued a $27.00 target price (down from $32.00) on shares of Rollins in a report on Tuesday, September 29th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ROL. Wealth Enhancement Trust Services Inc. increased its position in shares of Rollins by 108.9% during the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 36,997 shares of the business services provider’s stock valued at $1,114,000 after purchasing an additional 19,287 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Rollins by 17.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 11,125 shares of the business services provider’s stock worth $464,000 after buying an additional 1,692 shares during the last quarter. State Street Corp boosted its holdings in shares of Rollins by 3.7% in the 2nd quarter. State Street Corp now owns 13,561,228 shares of the business services provider’s stock worth $566,046,000 after buying an additional 488,046 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Rollins by 580.4% during the second quarter. The Manufacturers Life Insurance Company now owns 1,090,688 shares of the business services provider’s stock valued at $45,525,000 after buying an additional 930,397 shares during the period. Finally, WINTON GROUP Ltd bought a new position in Rollins during the second quarter valued at about $3,619,000. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Rollins Price Performance

ROL opened at $32.19 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.63 and a quick ratio of 0.58. The company has a market capitalization of $15.49 billion, a price-to-earnings ratio of 29.26, a P/E/G ratio of 3.57 and a beta of 0.73. The firm’s fifty day moving average price is $34.23 and its two-hundred day moving average price is $43.58. Rollins has a 1 year low of $29.28 and a 1 year high of $66.14.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, July 22nd. The business services provider reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). Rollins had a net margin of 13.55% and a return on equity of 38.81%. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the prior year, the company earned $0.30 EPS. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. As a group, analysts anticipate that Rollins will post 1.16 earnings per share for the current fiscal year.

Rollins Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were issued a dividend of $0.1825 per share. This represents a $0.73 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Monday, August 10th. Rollins’s dividend payout ratio (DPR) is 66.36%.

About Rollins

Rollins, Inc is a global provider of pest and wildlife control services. The company serves residential and commercial customers with solutions for common pests, including insects, rodents, termites, bedbugs and mosquitoes. Its services also include wildlife management, sanitation and related specialty treatments.

Rollins operates through a portfolio of well-known brands, including Orkin, Terminix, HomeTeam Pest Defense and Critter Control. These brands provide recurring pest prevention, inspections, extermination, termite control and other property protection services to homeowners, businesses and institutions.

Founded in 1948 and headquartered in Atlanta, Georgia, Rollins has expanded its operations across the United States and into international markets.