SERV has been the subject of a number of other research reports. Nomura restated a “buy” rating and set a $62.00 price objective on shares of Servicemaster Global in a report on Thursday, August 8th. Zacks Investment Research upgraded shares of Servicemaster Global from a “hold” rating to a “buy” rating and set a $62.00 price objective for the company in a report on Wednesday, September 18th. Morgan Stanley raised their price objective on shares of Servicemaster Global from $54.00 to $57.00 and gave the stock an “equal weight” rating in a report on Thursday, October 10th. Buckingham Research raised their price objective on shares of Servicemaster Global from $53.00 to $61.00 and gave the stock a “neutral” rating in a report on Thursday, August 22nd. They noted that the move was a valuation call. Finally, Royal Bank of Canada upgraded shares of Servicemaster Global from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from $55.00 to $63.00 in a report on Tuesday, October 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. Servicemaster Global presently has an average rating of “Hold” and an average target price of $55.00.
Shares of SERV stock traded down $11.44 on Tuesday, hitting $44.70. The stock had a trading volume of 5,896,789 shares, compared to its average volume of 790,380. The business has a 50 day moving average of $55.78 and a 200 day moving average of $53.68. The stock has a market cap of $7.54 billion, a price-to-earnings ratio of 47.05, a price-to-earnings-growth ratio of 2.06 and a beta of 0.54. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.17 and a quick ratio of 1.09. Servicemaster Global has a 12-month low of $34.28 and a 12-month high of $58.78.
Servicemaster Global (NYSE:SERV) last posted its quarterly earnings data on Tuesday, August 6th. The business services provider reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.03. Servicemaster Global had a negative net margin of 2.02% and a positive return on equity of 11.17%. The business had revenue of $560.00 million during the quarter, compared to the consensus estimate of $549.25 million. During the same quarter last year, the company posted $0.79 earnings per share. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. As a group, research analysts expect that Servicemaster Global will post 1.47 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of SERV. FMR LLC boosted its stake in Servicemaster Global by 19.9% in the first quarter. FMR LLC now owns 2,470,671 shares of the business services provider’s stock valued at $115,380,000 after acquiring an additional 409,942 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Servicemaster Global by 112.3% during the first quarter. First Trust Advisors LP now owns 101,414 shares of the business services provider’s stock worth $4,736,000 after purchasing an additional 53,645 shares in the last quarter. Dudley & Shanley Inc. boosted its position in shares of Servicemaster Global by 1.3% during the second quarter. Dudley & Shanley Inc. now owns 625,427 shares of the business services provider’s stock worth $32,578,000 after purchasing an additional 8,034 shares in the last quarter. Nisa Investment Advisors LLC bought a new position in shares of Servicemaster Global during the second quarter worth $104,000. Finally, AdvisorNet Financial Inc boosted its position in shares of Servicemaster Global by 84.1% during the second quarter. AdvisorNet Financial Inc now owns 1,657 shares of the business services provider’s stock worth $86,000 after purchasing an additional 757 shares in the last quarter.
About Servicemaster Global
ServiceMaster Global Holdings, Inc provides services to residential and commercial customers in the termite, pest control, cleaning, and restoration markets in all 50 states and the District of Columbia. The company operates through two segments, Terminix and ServiceMaster Brands. The Terminix segment offers termite and pest control services, including termite remediation, annual termite inspection, and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.
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