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

Key Points

• Wall Street Zen downgraded Rollins from “hold” to “sell.” Across analysts, the stock has an average “hold” rating and a $39.25 price target.
• Rollins reported quarterly EPS of $0.34, matching estimates, while revenue of $1.09 billion fell short of expectations. Revenue increased 6.2% year over year.
• Shares opened at $37.96 and were down 2.1%; the stock’s 12-month range is $29.28 to $66.14.

Rollins (NYSE:ROL - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report issued on Saturday, Wall Street Zen reports.

A number of other research analysts have also weighed in on the stock. Citigroup reduced their price objective on shares of Rollins from $46.00 to $32.00 and set a "neutral" rating for the company in a research note on Thursday, October 15th. Wells Fargo & Company cut their target price on Rollins from $27.00 to $26.00 and set an "underweight" rating on the stock in a research report on Friday, October 23rd. BNP Paribas Exane decreased their target price on shares of Rollins from $44.00 to $35.00 and set a "neutral" rating on the stock in a research report on Tuesday, September 29th. UBS Group lifted their price target on Rollins from $36.00 to $37.00 and gave the company a "neutral" rating in a report on Friday, October 23rd. Finally, Barclays set a $45.00 target price on Rollins and gave the stock an "overweight" rating in a report on Friday, July 24th. One 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 given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $39.25.

Rollins Trading Down 2.1%

Shares of NYSE:ROL opened at $37.96 on Friday. The company has a market capitalization of $18.15 billion, a PE ratio of 31.33, a P/E/G ratio of 4.08 and a beta of 0.73. Rollins has a 12-month low of $29.28 and a 12-month high of $66.14. The business's fifty day simple moving average is $33.63 and its 200-day simple moving average is $46.37. The company has a current ratio of 0.62, a quick ratio of 0.58 and a debt-to-equity ratio of 0.35.

Rollins (NYSE:ROL - Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The business services provider reported $0.34 earnings per share for the quarter, meeting analysts' consensus estimates of $0.34. The company had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.11 billion. Rollins had a return on equity of 39.43% and a net margin of 13.19%. Rollins's quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $0.35 earnings per share. As a group, equities research analysts predict that Rollins will post 1.14 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rollins

Several hedge funds have recently made changes to their positions in the stock. Raiffeisen Bank International AG lifted its stake in shares of Rollins by 73.5% in the second quarter. Raiffeisen Bank International AG now owns 642 shares of the business services provider's stock worth $27,000 after buying an additional 272 shares in the last quarter. Heritage Family Offices LLP acquired a new stake in shares of Rollins in the third quarter worth $27,000. Carnegie Lake Advisors LLC acquired a new stake in shares of Rollins in the 3rd quarter valued at $29,000. Westpac Banking Corp bought a new position in Rollins during the second quarter worth about $42,000. Finally, Pinnacle Wealth Planning Services Inc. grew its stake in shares of Rollins by 137.7% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,236 shares of the business services provider's stock valued at $37,000 after buying an additional 716 shares in the last quarter. Institutional investors own 51.79% of the company's stock.

Rollins Company Profile

Rollins, Inc is a provider of pest and termite control services for residential and commercial customers. The company offers protection against common pests such as ants, cockroaches, rodents, termites, mosquitoes and bedbugs, along with wildlife control and other specialty services.

Rollins serves customers through a portfolio of regional and international brands, including Orkin, the company's best-known pest control business; HomeTeam Pest Defense; Western Pest Services; Critter Control; and other local and specialized operations.

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