Rollins (NYSE:ROL) Stock Rating Lowered by Wall Street Zen

Rollins (NYSE:ROL) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Several other research firms have also weighed in on ROL. Wells Fargo & Company lowered their price objective on Rollins from $27.00 to $26.00 and set an “underweight” rating on the stock in a research note on Friday, October 23rd. Canaccord Genuity Group set a $33.00 target price on Rollins and gave the stock a “hold” rating in a research report on Friday, October 23rd. Argus lowered Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Zacks Research cut Rollins from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Finally, Raymond James Financial set a $35.00 price target on Rollins in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Rollins has a consensus rating of “Hold” and a consensus target price of $39.25.

Rollins Stock Performance

NYSE ROL opened at $37.96 on Friday. The stock has a market cap of $18.15 billion, a P/E ratio of 34.83, a PEG ratio of 4.30 and a beta of 0.73. The company’s 50-day simple moving average is $33.63 and its 200 day simple moving average is $46.37. Rollins has a twelve month low of $29.28 and a twelve month high of $66.14. The company has a quick ratio of 0.58, a current ratio of 0.62 and a debt-to-equity ratio of 0.35.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, October 21st. The business services provider reported $0.34 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.34. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.11 billion. Rollins had a net margin of 13.19% and a return on equity of 39.43%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.35 earnings per share. As a group, research analysts forecast that Rollins will post 1.14 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rollins

A number of large investors have recently bought and sold shares of the business. WINTON GROUP Ltd acquired a new stake in shares of Rollins during the second quarter worth $3,619,000. Amundi lifted its position in Rollins by 71.4% in the 2nd quarter. Amundi now owns 1,851,904 shares of the business services provider’s stock valued at $77,300,000 after acquiring an additional 771,578 shares in the last quarter. Dudley & Shanley Inc. lifted its position in Rollins by 8.8% in the 2nd quarter. Dudley & Shanley Inc. now owns 495,655 shares of the business services provider’s stock valued at $20,689,000 after acquiring an additional 39,925 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in Rollins by 16.8% in the 1st quarter. Public Employees Retirement System of Ohio now owns 216,278 shares of the business services provider’s stock worth $11,551,000 after purchasing an additional 31,173 shares during the period. Finally, Danske Bank A S acquired a new position in Rollins in the 2nd quarter worth $61,792,000. 51.79% of the stock is currently owned by institutional investors.

About Rollins

Rollins, Inc is a global provider of pest and termite control services for residential and commercial customers. Its services include inspections, prevention and treatment for common household and business pests, as well as termite protection, mosquito control and wildlife removal.

The company operates through brands including Orkin, HomeTeam Pest Defense and Clark Pest Control. Founded in 1948, Rollins expanded into pest control with its 1964 acquisition of Orkin, which remains one of its best-known brands.

Based in Atlanta, Georgia, Rollins serves customers across the United States and in international markets.