Rollins, Inc. (NYSE:ROL) Stock Has Consensus Target Price of $40.82 According to Analysts

Key Points

• Rollins has a consensus “Hold” rating from 19 analysts, with three sell, eleven hold, four buy and one strong-buy recommendations. The average 12-month price target is $40.82.
• Several firms recently lowered their price targets, including Wells Fargo, JPMorgan, Bank of America, Piper Sandler and BNP Paribas Exane, generally assigning neutral or underweight ratings.
• Rollins reported quarterly EPS of $0.34, in line with estimates, while revenue rose 6.2% year over year to $1.09 billion but missed expectations. The company also raised its quarterly dividend to $0.20 per share, representing a 2.3% annualized yield.

Rollins, Inc. (NYSE:ROL - Get Free Report) has earned a consensus rating of "Hold" from the nineteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $40.82.

A number of research firms have commented on ROL. Wells Fargo & Company cut their target price on shares of Rollins from $27.00 to $26.00 and set an "underweight" rating on the stock in a research report on Friday, October 23rd. JPMorgan Chase & Co. reduced their price target on Rollins from $40.00 to $35.00 and set a "neutral" rating for the company in a research report on Tuesday, October 13th. Bank of America cut Rollins from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $55.00 to $35.00 in a research note on Thursday, July 23rd. Piper Sandler downgraded Rollins from an "overweight" rating to a "neutral" rating and dropped their price objective for the company from $46.00 to $33.00 in a research report on Wednesday, September 23rd. Finally, BNP Paribas Exane cut their price objective 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.

Rollins Trading Down 0.1%

NYSE ROL opened at $34.65 on Friday. The stock has a market cap of $16.56 billion, a PE ratio of 31.79, a PEG ratio of 3.92 and a beta of 0.73. Rollins has a 12 month low of $29.28 and a 12 month high of $66.14. The company's 50-day moving average price is $33.53 and its 200-day moving average price is $46.99. 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 issued its earnings results on Wednesday, October 21st. The business services provider reported $0.34 EPS for the quarter, hitting analysts' consensus estimates of $0.34. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.11 billion. Rollins had a net margin of 13.19% and a return on equity of 39.43%. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.35 EPS. Equities research analysts forecast that Rollins will post 1.14 earnings per share for the current year.

Rollins Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $0.80 dividend on an annualized basis and a yield of 2.3%. This is an increase from Rollins's previous quarterly dividend of $0.1825. Rollins's payout ratio is presently 66.97%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rakuten Investment Management Inc. lifted its stake in Rollins by 12.7% during the 3rd quarter. Rakuten Investment Management Inc. now owns 53,826 shares of the business services provider's stock worth $1,642,000 after acquiring an additional 6,048 shares in the last quarter. Markel Group Inc. increased its holdings in Rollins by 4.3% in the third quarter. Markel Group Inc. now owns 1,581,025 shares of the business services provider's stock valued at $47,620,000 after buying an additional 64,500 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Rollins by 1.4% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 36,624 shares of the business services provider's stock worth $1,103,000 after acquiring an additional 500 shares in the last quarter. Signature Equity Partners LLC boosted its holdings in shares of Rollins by 9,805.8% in the 3rd quarter. Signature Equity Partners LLC now owns 5,151 shares of the business services provider's stock valued at $155,000 after buying an additional 5,099 shares in the last quarter. Finally, Greenleaf Trust boosted its stake in Rollins by 40.1% in the third quarter. Greenleaf Trust now owns 15,505 shares of the business services provider's stock valued at $467,000 after acquiring an additional 4,434 shares in the last quarter. 51.79% of the stock is currently owned by institutional investors and hedge funds.

About Rollins

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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