Rollins, Inc. (NYSE:ROL) Receives $64.42 Average PT from Brokerages

Shares of Rollins, Inc. (NYSE:ROL) have received a consensus recommendation of “Moderate Buy” from the fourteen analysts that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $64.4167.

A number of research firms have commented on ROL. Jefferies Financial Group set a $66.00 price objective on Rollins and gave the stock a “buy” rating in a research note on Monday, November 3rd. Barclays upgraded Rollins from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $60.00 to $72.00 in a research report on Friday, December 5th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $64.00 price objective on shares of Rollins in a research report on Thursday, October 30th. JPMorgan Chase & Co. initiated coverage on shares of Rollins in a research note on Friday, September 26th. They set an “overweight” rating and a $70.00 price objective on the stock. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a research report on Monday, December 8th.

Insider Activity

In other news, insider Thomas D. Tesh sold 2,395 shares of Rollins stock in a transaction on Friday, November 14th. The stock was sold at an average price of $57.77, for a total value of $138,359.15. Following the transaction, the insider owned 34,732 shares in the company, valued at approximately $2,006,467.64. This trade represents a 6.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 4.47% of the company’s stock.

Institutional Trading of Rollins

A number of institutional investors have recently bought and sold shares of ROL. J.W. Cole Advisors Inc. raised its position in Rollins by 16.2% in the second quarter. J.W. Cole Advisors Inc. now owns 128,043 shares of the business services provider’s stock worth $7,224,000 after acquiring an additional 17,845 shares during the period. Savant Capital LLC increased its stake in shares of Rollins by 7.2% during the 2nd quarter. Savant Capital LLC now owns 21,419 shares of the business services provider’s stock worth $1,208,000 after purchasing an additional 1,435 shares during the last quarter. Prudential Financial Inc. raised its holdings in shares of Rollins by 11.0% in the 2nd quarter. Prudential Financial Inc. now owns 158,775 shares of the business services provider’s stock worth $8,958,000 after purchasing an additional 15,699 shares during the period. Marshall Wace LLP lifted its stake in Rollins by 78.0% in the second quarter. Marshall Wace LLP now owns 2,282,659 shares of the business services provider’s stock valued at $128,788,000 after purchasing an additional 1,000,185 shares during the last quarter. Finally, Aviva PLC grew its holdings in Rollins by 441.9% during the second quarter. Aviva PLC now owns 121,369 shares of the business services provider’s stock valued at $6,848,000 after purchasing an additional 98,973 shares during the period. Institutional investors own 51.79% of the company’s stock.

Rollins Price Performance

NYSE:ROL opened at $59.96 on Thursday. Rollins has a 52 week low of $45.34 and a 52 week high of $61.84. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.71 and a current ratio of 0.77. The firm’s 50-day simple moving average is $58.43 and its 200 day simple moving average is $57.45. The firm has a market cap of $29.06 billion, a price-to-earnings ratio of 56.04 and a beta of 0.79.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, October 29th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.03. Rollins had a net margin of 14.02% and a return on equity of 37.60%. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the prior year, the business posted $0.29 EPS. The business’s revenue was up 12.0% compared to the same quarter last year. As a group, sell-side analysts predict that Rollins will post 1.09 earnings per share for the current year.

Rollins Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 10th were paid a dividend of $0.1825 per share. The ex-dividend date was Monday, November 10th. This is a boost from Rollins’s previous quarterly dividend of $0.17. This represents a $0.73 annualized dividend and a yield of 1.2%. Rollins’s dividend payout ratio is currently 68.22%.

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.