Rollins, Inc. (NYSE:ROL) Receives Average Recommendation of "Moderate Buy" from Analysts

Rollins, Inc. (NYSE:ROL - Get Free Report) has been assigned an average rating of "Moderate Buy" from the nine analysts that are covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $58.56.

A number of brokerages have recently commented on ROL. Royal Bank Of Canada increased their price objective on Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a research report on Thursday, April 17th. Wall Street Zen raised Rollins from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. Jefferies Financial Group upgraded Rollins from a "hold" rating to a "buy" rating and increased their price target for the company from $55.00 to $65.00 in a research report on Monday, June 2nd. The Goldman Sachs Group set a $61.00 price target on Rollins and gave the stock a "buy" rating in a research note on Thursday, April 24th. Finally, Wells Fargo & Company upped their price objective on shares of Rollins from $62.00 to $63.00 and gave the company an "overweight" rating in a research note on Wednesday, June 11th.

Rollins Stock Performance

NYSE:ROL opened at $56.06 on Thursday. Rollins has a twelve month low of $45.34 and a twelve month high of $58.65. The company has a current ratio of 0.87, a quick ratio of 0.81 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average of $56.41 and a 200-day moving average of $52.10. The firm has a market cap of $27.17 billion, a price-to-earnings ratio of 56.62 and a beta of 0.77.

Rollins (NYSE:ROL - Get Free Report) last released its earnings results on Wednesday, April 23rd. The business services provider reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. The business had revenue of $822.50 million during the quarter, compared to analyst estimates of $817.09 million. Rollins had a net margin of 13.78% and a return on equity of 37.31%. The business's quarterly revenue was up 9.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.20 earnings per share. Analysts forecast that Rollins will post 1.09 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Monday, May 12th were paid a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.18%. The ex-dividend date was Monday, May 12th. Rollins's dividend payout ratio is currently 66.67%.

Insiders Place Their Bets

In other Rollins news, Chairman John F. Wilson sold 40,000 shares of the company's stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $56.77, for a total value of $2,270,800.00. Following the transaction, the chairman now owns 662,727 shares in the company, valued at approximately $37,623,011.79. This represents a 5.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thomas D. Tesh sold 1,921 shares of the business's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $56.54, for a total transaction of $108,613.34. Following the transaction, the insider now owns 38,028 shares in the company, valued at approximately $2,150,103.12. This represents a 4.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 43,842 shares of company stock worth $2,480,861. 4.47% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Rollins

A number of hedge funds have recently modified their holdings of the stock. Empowered Funds LLC increased its position in Rollins by 19.7% in the 4th quarter. Empowered Funds LLC now owns 5,509 shares of the business services provider's stock worth $255,000 after purchasing an additional 905 shares during the last quarter. Bank Pictet & Cie Europe AG grew its stake in shares of Rollins by 6.6% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 66,050 shares of the business services provider's stock valued at $3,061,000 after buying an additional 4,100 shares in the last quarter. CIBC Asset Management Inc increased its holdings in Rollins by 4.8% in the fourth quarter. CIBC Asset Management Inc now owns 49,185 shares of the business services provider's stock worth $2,280,000 after buying an additional 2,246 shares during the last quarter. Truist Financial Corp raised its position in Rollins by 1.9% during the fourth quarter. Truist Financial Corp now owns 386,267 shares of the business services provider's stock valued at $17,903,000 after acquiring an additional 7,182 shares in the last quarter. Finally, D.A. Davidson & CO. bought a new position in Rollins during the fourth quarter valued at approximately $3,055,000. 51.79% of the stock is owned by institutional investors and hedge funds.

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.

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