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

Rollins, Inc. (NYSE:ROL - Get Free Report) has earned an average rating of "Hold" from the seven ratings firms that are presently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $55.57.

Several equities research analysts have issued reports on ROL shares. Canaccord Genuity Group lifted their target price on shares of Rollins from $49.00 to $50.00 and gave the stock a "hold" rating in a research note on Friday, April 25th. UBS Group raised their price target on shares of Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a report on Friday, January 17th. Royal Bank of Canada raised their price objective on Rollins from $52.00 to $62.00 and gave the stock an "outperform" rating in a research report on Thursday, April 17th. Morgan Stanley increased their price objective on shares of Rollins from $48.00 to $50.00 and gave the stock an "equal weight" rating in a research report on Friday, February 14th. Finally, StockNews.com raised Rollins from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th.

Rollins Stock Performance

Shares of ROL traded up $0.63 during trading hours on Wednesday, hitting $56.70. The stock had a trading volume of 2,522,798 shares, compared to its average volume of 1,715,551. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.62 and a current ratio of 0.69. Rollins has a fifty-two week low of $44.85 and a fifty-two week high of $57.20. The firm has a 50-day moving average price of $53.45 and a 200 day moving average price of $50.41. The firm has a market capitalization of $27.48 billion, a price-to-earnings ratio of 59.06 and a beta of 0.80.

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

Rollins Dividend Announcement

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

Insider Transactions at Rollins

In other news, insider Elizabeth B. Chandler sold 13,193 shares of the company's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $51.18, for a total transaction of $675,217.74. Following the completion of the transaction, the insider now directly owns 76,526 shares of the company's stock, valued at approximately $3,916,600.68. This represents a 14.70 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Thomas D. Tesh sold 1,921 shares of the business's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the sale, the insider now owns 41,173 shares of the company's stock, valued at approximately $2,131,937.94. The trade was a 4.46 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 20,259 shares of company stock valued at $1,047,330. Insiders own 4.47% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. City Holding Co. purchased a new stake in shares of Rollins in the 1st quarter valued at about $27,000. Murphy & Mullick Capital Management Corp purchased a new stake in Rollins in the fourth quarter valued at approximately $29,000. Centricity Wealth Management LLC purchased a new position in shares of Rollins during the fourth quarter worth approximately $31,000. Mizuho Bank Ltd. acquired a new position in shares of Rollins in the 4th quarter valued at $37,000. Finally, CVA Family Office LLC raised its position in Rollins by 73.0% in the 1st quarter. CVA Family Office LLC now owns 806 shares of the business services provider's stock valued at $44,000 after purchasing an additional 340 shares during the last quarter. 51.79% of the stock is owned by hedge funds and other institutional investors.

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.