Rollins (NYSE:ROL) Issues Quarterly Earnings Results

Rollins (NYSE:ROL - Get Free Report) announced its earnings results on Wednesday. The business services provider reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20, Briefing.com reports. The company had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The company's revenue was up 13.7% on a year-over-year basis. During the same period last year, the firm earned $0.18 earnings per share.

Rollins Stock Performance

Shares of NYSE:ROL traded up $0.22 during trading on Wednesday, hitting $42.87. 4,031,701 shares of the company traded hands, compared to its average volume of 1,955,611. The stock has a market capitalization of $20.77 billion, a price-to-earnings ratio of 48.61, a PEG ratio of 3.35 and a beta of 0.63. The business's fifty day moving average is $44.44 and its 200-day moving average is $42.03. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.42. Rollins has a one year low of $32.19 and a one year high of $47.45.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%. Rollins's payout ratio is currently 68.18%.

Analysts Set New Price Targets

ROL has been the subject of several recent analyst reports. Royal Bank of Canada restated an "outperform" rating and set a $52.00 target price on shares of Rollins in a research note on Thursday, February 15th. StockNews.com upgraded Rollins from a "hold" rating to a "buy" rating in a research note on Wednesday, April 17th. UBS Group reiterated a "neutral" rating and issued a $49.00 price target on shares of Rollins in a research note on Monday, April 15th. Finally, The Goldman Sachs Group initiated coverage on Rollins in a research note on Tuesday, January 2nd. They issued a "buy" rating and a $49.00 price target for the company. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Rollins has an average rating of "Moderate Buy" and a consensus target price of $46.83.

Insider Buying and Selling

In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the sale, the chief financial officer now directly owns 99,078 shares of the company's stock, valued at $4,575,422.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Rollins news, insider Thomas D. Tesh sold 5,147 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $46.00, for a total value of $236,762.00. Following the sale, the insider now directly owns 35,387 shares of the company's stock, valued at $1,627,802. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the sale, the chief financial officer now directly owns 99,078 shares in the company, valued at $4,575,422.04. The disclosure for this sale can be found here. Insiders sold a total of 22,824 shares of company stock worth $994,558 in the last three months. 4.69% of the stock is owned by insiders.

About Rollins

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.

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