Rollins (NYSE:ROL) Rating Lowered to Hold at StockNews.com

Rollins (NYSE:ROL) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Thursday.

Several other equities research analysts have also issued reports on ROL. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 target price on shares of Rollins in a report on Thursday, February 15th. The Goldman Sachs Group assumed coverage on shares of Rollins in a report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price objective for the company. Finally, UBS Group reaffirmed a “neutral” rating and set a $49.00 price objective on shares of Rollins in a report on Monday, April 15th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $46.83.

Rollins Trading Up 0.5 %

Rollins stock opened at $42.87 on Thursday. The firm has a 50 day moving average of $44.41 and a 200 day moving average of $42.04. The firm has a market capitalization of $20.77 billion, a price-to-earnings ratio of 48.72, a P/E/G ratio of 3.35 and a beta of 0.63. Rollins has a 12-month low of $32.19 and a 12-month high of $47.45. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.42.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. The company had revenue of $748.35 million during the quarter, compared to analyst estimates of $739.12 million. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.18 EPS. As a group, research analysts predict that Rollins will post 0.99 earnings per share for the current year.

Insider Activity

In other news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the completion of the transaction, the chief financial officer now directly owns 99,078 shares in the company, valued at approximately $4,575,422.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the sale, the chief financial officer now directly owns 99,078 shares in the company, valued at $4,575,422.04. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Thomas D. Tesh sold 5,147 shares of the firm’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $46.00, for a total value of $236,762.00. Following the completion of the sale, the insider now owns 35,387 shares of the company’s stock, valued at $1,627,802. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,824 shares of company stock worth $994,558. 4.69% of the stock is currently owned by insiders.

Institutional Trading of Rollins

Several institutional investors and hedge funds have recently made changes to their positions in the business. Simplicity Wealth LLC bought a new stake in shares of Rollins during the first quarter worth $344,000. Spire Wealth Management lifted its position in shares of Rollins by 126.0% during the first quarter. Spire Wealth Management now owns 1,706 shares of the business services provider’s stock worth $79,000 after purchasing an additional 951 shares during the last quarter. North Point Portfolio Managers Corp OH lifted its position in shares of Rollins by 0.3% during the first quarter. North Point Portfolio Managers Corp OH now owns 273,638 shares of the business services provider’s stock worth $12,661,000 after purchasing an additional 764 shares during the last quarter. Silver Lake Advisory LLC bought a new stake in shares of Rollins during the first quarter worth $357,000. Finally, New Mexico Educational Retirement Board lifted its position in shares of Rollins by 17.4% during the first quarter. New Mexico Educational Retirement Board now owns 14,175 shares of the business services provider’s stock worth $656,000 after purchasing an additional 2,100 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

Rollins Company Profile

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.