Rollins, Inc. (NYSE:ROL) Receives $55.57 Average Price Target from Analysts

Rollins, Inc. (NYSE:ROL - Get Free Report) has received an average rating of "Hold" from the seven research firms that are currently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $55.57.

ROL has been the subject of a number of analyst reports. The Goldman Sachs Group set a $61.00 target price on shares of Rollins and gave the company a "buy" rating in a research report on Thursday, April 24th. Wall Street Zen upgraded Rollins from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. Barclays raised their price objective on Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a research report on Friday, April 4th. Canaccord Genuity Group boosted their target price on Rollins from $49.00 to $50.00 and gave the stock a "hold" rating in a research note on Friday, April 25th. Finally, Morgan Stanley increased their price target on Rollins from $48.00 to $50.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th.

Insider Buying and Selling at Rollins

In other news, insider Traci Hornfeck sold 3,224 shares of the company's stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the sale, the insider now directly owns 9,602 shares of the company's stock, valued at $509,866.20. This represents a 25.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas D. Tesh sold 1,921 shares of the business's stock in a transaction on Thursday, April 10th. The shares were sold at an average price of $52.81, for a total transaction of $101,448.01. Following the transaction, the insider now owns 39,640 shares of the company's stock, valued at $2,093,388.40. This represents a 4.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,987 shares of company stock worth $480,725. 4.47% of the stock is currently owned by insiders.

Institutional Trading of Rollins

A number of hedge funds have recently modified their holdings of the stock. City Holding Co. acquired a new position in Rollins in the first quarter valued at approximately $27,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of Rollins during the 4th quarter valued at approximately $29,000. Centricity Wealth Management LLC acquired a new position in shares of Rollins in the 4th quarter valued at $31,000. GW&K Investment Management LLC boosted its holdings in Rollins by 961.4% during the first quarter. GW&K Investment Management LLC now owns 605 shares of the business services provider's stock worth $33,000 after buying an additional 548 shares in the last quarter. Finally, Mizuho Bank Ltd. acquired a new stake in Rollins during the fourth quarter valued at $37,000. Hedge funds and other institutional investors own 51.79% of the company's stock.

Rollins Stock Up 0.3%

Shares of NYSE ROL traded up $0.16 during mid-day trading on Friday, reaching $56.90. 1,304,445 shares of the company were exchanged, compared to its average volume of 1,743,441. Rollins has a 1 year low of $45.25 and a 1 year high of $57.63. The firm has a 50-day moving average of $55.27 and a 200 day moving average of $51.48. The stock has a market cap of $27.58 billion, a price-to-earnings ratio of 59.27 and a beta of 0.79. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, hitting analysts' consensus estimates of $0.22. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The business had revenue of $822.50 million during the quarter, compared to the consensus estimate of $817.09 million. During the same period in the previous year, the company posted $0.20 earnings per share. The firm's revenue was up 9.9% on a year-over-year basis. On average, research analysts expect that Rollins will post 1.09 earnings per share for the current year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Monday, May 12th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.66 dividend on an annualized basis and a yield of 1.16%. Rollins's dividend payout ratio is currently 66.67%.

Rollins Company Profile

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.