Rollins, Inc. (NYSE:ROL) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Rollins, Inc. (NYSE:ROL) have earned an average rating of “Moderate Buy” from the six analysts that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $47.00.

A number of equities analysts have issued reports on ROL shares. UBS Group reissued a “neutral” rating and set a $49.00 price target on shares of Rollins in a research report on Monday, April 15th. Morgan Stanley raised their target price on shares of Rollins from $42.00 to $43.00 and gave the stock an “equal weight” rating in a report on Friday, April 26th. Finally, StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a report on Tuesday.

Insiders Place Their Bets

In other news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the firm’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $47.20, for a total transaction of $566,400.00. Following the sale, the chief executive officer now directly owns 288,671 shares in the company, valued at approximately $13,625,271.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Friday, April 26th. The shares were sold at an average price of $45.00, for a total transaction of $225,000.00. Following the transaction, the chief financial officer now directly owns 94,078 shares of the company’s stock, valued at $4,233,510. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Jerry Jr. Gahlhoff sold 12,000 shares of Rollins stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $47.20, for a total transaction of $566,400.00. Following the completion of the sale, the chief executive officer now owns 288,671 shares in the company, valued at approximately $13,625,271.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 20,331 shares of company stock worth $949,623. Company insiders own 4.69% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. LPL Financial LLC boosted its stake in Rollins by 19.2% during the 3rd quarter. LPL Financial LLC now owns 174,515 shares of the business services provider’s stock worth $6,515,000 after purchasing an additional 28,073 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its position in Rollins by 23.4% during the third quarter. O Shaughnessy Asset Management LLC now owns 18,114 shares of the business services provider’s stock worth $676,000 after acquiring an additional 3,434 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in Rollins by 32.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 12,254 shares of the business services provider’s stock valued at $457,000 after acquiring an additional 2,985 shares in the last quarter. Lazard Asset Management LLC raised its holdings in Rollins by 57.0% in the 3rd quarter. Lazard Asset Management LLC now owns 112,317 shares of the business services provider’s stock valued at $4,191,000 after acquiring an additional 40,756 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in Rollins by 12.9% in the 3rd quarter. Truist Financial Corp now owns 392,164 shares of the business services provider’s stock valued at $14,639,000 after acquiring an additional 44,670 shares during the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Price Performance

Shares of ROL opened at $50.23 on Thursday. The firm has a market capitalization of $24.32 billion, a PE ratio of 56.44, a price-to-earnings-growth ratio of 3.72 and a beta of 0.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.66. The company’s fifty day moving average price is $47.16 and its 200-day moving average price is $45.08. Rollins has a 1-year low of $32.19 and a 1-year high of $50.31.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20. Rollins had a return on equity of 37.73% and a net margin of 13.94%. The business had revenue of $748.35 million for the quarter, compared to the consensus estimate of $739.12 million. During the same quarter in the previous year, the business earned $0.18 EPS. The company’s quarterly revenue was up 13.7% compared to the same quarter last year. On average, equities research analysts predict that Rollins will post 1 EPS for the current year.

Rollins Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Friday, May 10th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, May 9th. This represents a $0.60 dividend on an annualized basis and a yield of 1.19%. Rollins’s payout ratio is 67.42%.

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.