Rollins, Inc. (NYSE:ROL) Receives $55.19 Consensus Target Price from Analysts

Rollins, Inc. (NYSE:ROL) has received a consensus rating of “Hold” from the eighteen brokerages that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, nine have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $48.7059.

ROL has been the topic of a number of recent analyst reports. Canaccord Genuity Group set a $45.00 price objective on Rollins and gave the stock a “hold” rating in a research note on Thursday, July 23rd. Weiss Ratings downgraded Rollins from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 26th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $67.00 target price on shares of Rollins in a report on Thursday, April 23rd. Royal Bank Of Canada downgraded Rollins from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from $52.00 to $40.00 in a research report on Thursday, July 23rd. Finally, Citigroup started coverage on Rollins in a report on Wednesday, July 15th. They set a “neutral” rating and a $46.00 price target for the company.

Trending Headlines about Rollins

Here are the key news stories impacting Rollins this week:

• Positive Sentiment: Analysts tracked by American Banking News have assigned Rollins an average price target of $55.19, implying substantial upside from current levels. However, this target may not fully reflect the latest earnings concerns. Rollins receives $55.19 average price target
• Positive Sentiment: Commercial pest control, termite services, technology investments and acquisitions are helping offset softer residential demand, providing potential support for future growth. Rollins trends to watch
• Neutral Sentiment: Options-market activity is drawing investor attention, but the available report does not establish whether traders are positioning for a sustained rally or further volatility. Rollins options market activity
• Negative Sentiment: Zacks Research downgraded Rollins from “Hold” to “Strong Sell,” adding to the negative analyst sentiment and likely weighing on the shares. Zacks Research downgrade
• Negative Sentiment: A Seeking Alpha analysis downgraded the stock, arguing that the recent earnings miss, margin pressure and premium valuation require more evidence of a durable growth recovery. Rollins reported revenue growth, but earnings and revenue fell short of consensus estimates. Rollins earnings growth recovery analysis
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of Rollins investors. The announcement does not establish wrongdoing, but it introduces additional legal and headline risk. Pomerantz investor investigation

Rollins Price Performance

NYSE ROL opened at $38.38 on Friday. Rollins has a 1 year low of $36.59 and a 1 year high of $66.14. The company has a fifty day simple moving average of $44.92 and a 200 day simple moving average of $53.13. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 0.34. The company has a market cap of $18.47 billion, a P/E ratio of 34.89, a P/E/G ratio of 4.20 and a beta of 0.75.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, July 22nd. The business services provider reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.09 billion. Rollins had a return on equity of 38.81% and a net margin of 13.55%.The business’s revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.30 EPS. On average, sell-side analysts predict that Rollins will post 1.2 EPS for the current year.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be given a dividend of $0.1825 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.73 dividend on an annualized basis and a yield of 1.9%. Rollins’s payout ratio is 66.36%.

Institutional Trading of Rollins

Hedge funds have recently bought and sold shares of the stock. DV Equities LLC acquired a new position in shares of Rollins during the fourth quarter valued at about $25,000. Cornerstone Planning Group LLC lifted its stake in shares of Rollins by 528.4% in the fourth quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock valued at $26,000 after buying an additional 354 shares during the period. Torren Management LLC acquired a new stake in Rollins during the fourth quarter worth about $36,000. Fideuram Asset Management Ireland dac acquired a new stake in Rollins during the fourth quarter worth about $43,000. Finally, Quarry LP increased its stake in Rollins by 155.2% during the fourth quarter. Quarry LP now owns 740 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 450 shares during the period. 51.79% of the stock is owned by institutional investors.

Rollins Company Profile

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.