Rollins, Inc. (NYSE:ROL) Stock Has Consensus Price Target of $40.82 According to Analysts

Shares of Rollins, Inc. (NYSE:ROL) have been assigned a consensus rating of “Hold” from the eighteen analysts that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $39.25.

ROL has been the subject of a number of analyst reports. Weiss Ratings downgraded Rollins from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, October 28th. Argus cut Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, August 5th. UBS Group increased their target price on shares of Rollins from $36.00 to $37.00 and gave the company a “neutral” rating in a research report on Friday, October 23rd. Barclays set a $45.00 price target on shares of Rollins and gave the stock an “overweight” rating in a report on Friday, July 24th. Finally, Sanford C. Bernstein lowered their price target on shares of Rollins from $42.00 to $35.00 and set a “market perform” rating for the company in a report on Monday, October 19th.

Hedge Funds Weigh In On Rollins

A number of hedge funds have recently bought and sold shares of ROL. WINTON GROUP Ltd purchased a new position in Rollins in the second quarter worth $3,619,000. Amundi grew its stake in Rollins by 71.4% in the 2nd quarter. Amundi now owns 1,851,904 shares of the business services provider’s stock valued at $77,300,000 after purchasing an additional 771,578 shares during the period. Dudley & Shanley Inc. increased its position in shares of Rollins by 8.8% during the 2nd quarter. Dudley & Shanley Inc. now owns 495,655 shares of the business services provider’s stock valued at $20,689,000 after purchasing an additional 39,925 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Rollins by 16.8% during the 1st quarter. Public Employees Retirement System of Ohio now owns 216,278 shares of the business services provider’s stock valued at $11,551,000 after purchasing an additional 31,173 shares during the last quarter. Finally, Danske Bank A S purchased a new position in shares of Rollins in the 2nd quarter worth about $61,792,000. Institutional investors own 51.79% of the company’s stock.

Rollins Trading Down 2.1%

Shares of NYSE ROL opened at $37.96 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.58 and a current ratio of 0.62. Rollins has a 52-week low of $29.28 and a 52-week high of $66.14. The firm has a 50 day moving average price of $33.63 and a two-hundred day moving average price of $46.37. The stock has a market cap of $18.15 billion, a P/E ratio of 34.83, a price-to-earnings-growth ratio of 4.30 and a beta of 0.73.

Rollins (NYSE:ROL) last released its quarterly earnings results on Wednesday, October 21st. The business services provider reported $0.34 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.34. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.11 billion. Rollins had a net margin of 13.19% and a return on equity of 39.43%. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.35 earnings per share. As a group, equities analysts forecast that Rollins will post 1.14 EPS for the current year.

Rollins Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.1%. This is a boost from Rollins’s previous quarterly dividend of $0.1825. The ex-dividend date is Tuesday, November 10th. Rollins’s dividend payout ratio is currently 66.97%.

Rollins Company Profile

Rollins, Inc is a global provider of pest and termite control services for residential and commercial customers. Its services include inspections, prevention and treatment for common household and business pests, as well as termite protection, mosquito control and wildlife removal.

The company operates through brands including Orkin, HomeTeam Pest Defense and Clark Pest Control. Founded in 1948, Rollins expanded into pest control with its 1964 acquisition of Orkin, which remains one of its best-known brands.

Based in Atlanta, Georgia, Rollins serves customers across the United States and in international markets.