Rollins, Inc. (NYSE:ROL) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Thirteen analysts have given Rollins, Inc. a consensus rating of "Moderate Buy", with eight analysts issuing buy recommendations and five recommending a hold.
• The average one-year target price for Rollins stock is $62.18, with various brokerages providing differing price targets ranging from $59.00 to $70.00.
• In the most recent earnings report, Rollins reported $0.30 earnings per share, exceeding expectations and showing a year-over-year revenue increase of 12.1% to $999.53 million.

Rollins, Inc. (NYSE:ROL - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the thirteen analysts that are covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $62.1818.

Several brokerages have recently issued reports on ROL. Wells Fargo & Company restated an "overweight" rating and issued a $65.00 target price (up previously from $63.00) on shares of Rollins in a report on Wednesday, June 25th. Weiss Ratings reiterated a "buy (b)" rating on shares of Rollins in a research report on Tuesday, October 14th. Zacks Research downgraded shares of Rollins from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 13th. UBS Group upped their price target on shares of Rollins from $59.00 to $61.00 and gave the company a "neutral" rating in a research report on Friday, July 25th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Rollins in a research report on Friday, September 26th. They issued an "overweight" rating and a $70.00 price target for the company.

Rollins Trading Up 0.5%

Shares of Rollins stock opened at $56.33 on Wednesday. The company has a fifty day simple moving average of $56.97 and a 200-day simple moving average of $56.54. Rollins has a 12-month low of $45.34 and a 12-month high of $59.12. The company has a current ratio of 0.68, a quick ratio of 0.63 and a debt-to-equity ratio of 0.34. The stock has a market cap of $27.30 billion, a price-to-earnings ratio of 55.77 and a beta of 0.69.

Rollins (NYSE:ROL - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The business services provider reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.01. Rollins had a net margin of 13.70% and a return on equity of 36.96%. The business had revenue of $999.53 million during the quarter, compared to analysts' expectations of $988.77 million. During the same quarter in the prior year, the business posted $0.27 EPS. The company's revenue for the quarter was up 12.1% on a year-over-year basis. On average, equities analysts forecast that Rollins will post 1.09 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Chairman John F. Wilson sold 30,000 shares of the company's stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $58.04, for a total value of $1,741,200.00. Following the completion of the sale, the chairman owned 632,727 shares in the company, valued at $36,723,475.08. This represents a 4.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 4.47% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Rollins

A number of large investors have recently bought and sold shares of ROL. GAMMA Investing LLC raised its position in Rollins by 21.5% during the 1st quarter. GAMMA Investing LLC now owns 9,729 shares of the business services provider's stock worth $526,000 after buying an additional 1,722 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Rollins by 305.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 159,741 shares of the business services provider's stock worth $8,631,000 after buying an additional 120,294 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund purchased a new position in Rollins during the 1st quarter worth $439,000. Oppenheimer & Co. Inc. purchased a new position in Rollins during the 1st quarter worth $464,000. Finally, Asset Management One Co. Ltd. raised its position in Rollins by 3.0% during the 1st quarter. Asset Management One Co. Ltd. now owns 313,295 shares of the business services provider's stock worth $16,842,000 after buying an additional 9,209 shares during the last quarter. Hedge funds and other institutional investors own 51.79% of the company's stock.

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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