Rollins, Inc. (NYSE:ROL) Receives $47.83 Average Target Price from Analysts

Rollins, Inc. (NYSE:ROL) has received a consensus rating of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $47.83.

Several equities analysts have recently weighed in on ROL shares. Wells Fargo & Company started coverage on shares of Rollins in a report on Monday, August 12th. They set an “overweight” rating and a $54.00 target price for the company. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, July 10th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Thursday, July 25th.

Rollins Price Performance

Shares of ROL opened at $50.09 on Tuesday. The business’s 50-day moving average is $49.22 and its two-hundred day moving average is $47.44. The company has a market capitalization of $24.26 billion, a P/E ratio of 56.28, a P/E/G ratio of 3.93 and a beta of 0.70. Rollins has a fifty-two week low of $32.19 and a fifty-two week high of $51.96. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.72 and a current ratio of 0.78.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, July 24th. The business services provider reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. Rollins had a return on equity of 40.10% and a net margin of 14.23%. The firm had revenue of $891.90 million for the quarter, compared to analyst estimates of $895.02 million. During the same period last year, the company earned $0.23 earnings per share. Rollins’s revenue for the quarter was up 8.7% compared to the same quarter last year. Research analysts predict that Rollins will post 1 earnings per share for the current year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th were paid a dividend of $0.15 per share. The ex-dividend date was Monday, August 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.20%. Rollins’s dividend payout ratio is currently 67.42%.

Insider Buying and Selling

In related news, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total value of $237,716.90. Following the sale, the insider now directly owns 89,338 shares in the company, valued at approximately $4,533,010.12. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, insider Elizabeth B. Chandler sold 4,686 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $47.82, for a total transaction of $224,084.52. Following the completion of the sale, the insider now owns 95,023 shares of the company’s stock, valued at $4,543,999.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total transaction of $237,716.90. Following the completion of the sale, the insider now owns 89,338 shares of the company’s stock, valued at $4,533,010.12. The disclosure for this sale can be found here. Insiders own 4.69% of the company’s stock.

Institutional Trading of Rollins

Large investors have recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Rollins during the 4th quarter worth approximately $256,862,000. APG Asset Management US Inc. purchased a new stake in Rollins in the 4th quarter valued at $77,075,000. TD Asset Management Inc increased its stake in shares of Rollins by 217.3% in the 4th quarter. TD Asset Management Inc now owns 2,468,600 shares of the business services provider’s stock worth $107,804,000 after acquiring an additional 1,690,668 shares during the last quarter. Epoch Investment Partners Inc. boosted its position in shares of Rollins by 102.8% during the 4th quarter. Epoch Investment Partners Inc. now owns 1,688,661 shares of the business services provider’s stock valued at $73,744,000 after acquiring an additional 855,882 shares during the last quarter. Finally, Premier Fund Managers Ltd acquired a new position in shares of Rollins during the 4th quarter valued at about $26,259,000. Hedge funds and other institutional investors own 51.79% of the company’s stock.

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.