Rollins, Inc. (NYSE:ROL) Receives Consensus Rating of “Moderate Buy” from Brokerages

Rollins, Inc. (NYSE:ROL) has received a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $58.78.

Several equities research analysts recently commented on ROL shares. Barclays lifted their target price on shares of Rollins from $50.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, April 4th. The Goldman Sachs Group set a $61.00 price target on shares of Rollins and gave the stock a “buy” rating in a report on Thursday, April 24th. Jefferies Financial Group upgraded Rollins from a “hold” rating to a “buy” rating and increased their price objective for the company from $55.00 to $65.00 in a report on Monday, June 2nd. Royal Bank Of Canada raised their target price on Rollins from $52.00 to $62.00 and gave the stock an “outperform” rating in a research report on Thursday, April 17th. Finally, Wells Fargo & Company upped their price target on Rollins from $63.00 to $65.00 and gave the company an “overweight” rating in a research report on Wednesday.

Rollins Stock Down 2.4%

Shares of NYSE:ROL opened at $56.14 on Thursday. The company has a fifty day moving average of $56.60 and a 200-day moving average of $52.35. The company has a market capitalization of $27.21 billion, a PE ratio of 56.70 and a beta of 0.77. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.81 and a current ratio of 0.87. Rollins has a 52-week low of $45.34 and a 52-week high of $58.65.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.22. Rollins had a return on equity of 37.31% and a net margin of 13.78%. The business had revenue of $822.50 million for the quarter, compared to analyst estimates of $817.09 million. During the same quarter in the previous year, the company posted $0.20 EPS. Rollins’s quarterly revenue was up 9.9% compared to the same quarter last year. On average, equities analysts predict that Rollins will post 1.09 EPS for the current fiscal year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Monday, May 12th were issued a $0.165 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.66 annualized dividend and a yield of 1.18%. Rollins’s payout ratio is 66.67%.

Insider Buying and Selling at Rollins

In related news, Chairman John F. Wilson sold 40,000 shares of the company’s stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $56.77, for a total transaction of $2,270,800.00. Following the sale, the chairman now owns 662,727 shares in the company, valued at $37,623,011.79. This represents a 5.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Thomas D. Tesh sold 1,921 shares of the firm’s stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $56.54, for a total value of $108,613.34. Following the sale, the insider now directly owns 38,028 shares of the company’s stock, valued at $2,150,103.12. This represents a 4.81% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 43,842 shares of company stock valued at $2,480,861. 4.47% of the stock is currently owned by insiders.

Institutional Trading of Rollins

Several hedge funds have recently modified their holdings of ROL. Apeiron RIA LLC acquired a new position in shares of Rollins during the 1st quarter valued at $503,000. Geneos Wealth Management Inc. increased its stake in Rollins by 75.8% in the first quarter. Geneos Wealth Management Inc. now owns 870 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 375 shares in the last quarter. IFM Investors Pty Ltd increased its stake in Rollins by 43.7% in the first quarter. IFM Investors Pty Ltd now owns 72,443 shares of the business services provider’s stock valued at $3,914,000 after purchasing an additional 22,038 shares in the last quarter. Bayforest Capital Ltd acquired a new position in shares of Rollins during the first quarter valued at about $428,000. Finally, SCS Capital Management LLC bought a new position in shares of Rollins during the 1st quarter worth about $251,000. Institutional investors own 51.79% of the company’s stock.

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.