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

Shares of Rollins, Inc. (NYSE:ROL - Get Free Report) have been given a consensus rating of "Moderate Buy" by the eleven brokerages that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $61.40.

Several brokerages have commented on ROL. Argus began coverage on Rollins in a report on Wednesday, June 18th. They set a "buy" rating and a $68.00 price target on the stock. Barclays increased their price target on Rollins from $55.00 to $60.00 and gave the company an "equal weight" rating in a report on Friday, July 25th. Piper Sandler increased their price target on Rollins from $70.00 to $72.00 and gave the company an "overweight" rating in a report on Friday, July 25th. 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 report on Monday, June 2nd. Finally, Wells Fargo & Company reiterated an "overweight" rating and set a $65.00 price target (up previously from $63.00) on shares of Rollins in a report on Wednesday, June 25th.

Insider Buying and Selling

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Rollins by 9.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,192 shares of the business services provider's stock valued at $1,353,000 after acquiring an additional 2,574 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Rollins by 56.4% in the first quarter. Farther Finance Advisors LLC now owns 6,254 shares of the business services provider's stock valued at $340,000 after buying an additional 2,254 shares during the last quarter. Pallas Capital Advisors LLC bought a new position in shares of Rollins in the first quarter valued at about $225,000. Oppenheimer & Co. Inc. bought a new position in shares of Rollins in the first quarter valued at about $464,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Rollins by 305.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 159,741 shares of the business services provider's stock valued at $8,631,000 after buying an additional 120,294 shares during the last quarter. 51.79% of the stock is owned by institutional investors.

Rollins Stock Up 1.0%

NYSE:ROL traded up $0.55 during mid-day trading on Tuesday, reaching $56.85. The stock had a trading volume of 903,273 shares, compared to its average volume of 1,835,015. The business's 50 day moving average is $56.84 and its 200 day moving average is $55.40. Rollins has a fifty-two week low of $45.34 and a fifty-two week high of $59.10. The stock has a market cap of $27.55 billion, a P/E ratio of 56.29 and a beta of 0.69. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.63.

Rollins (NYSE:ROL - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.01. Rollins had a return on equity of 36.96% and a net margin of 13.70%.The firm had revenue of $999.53 million for the quarter, compared to the consensus estimate of $988.77 million. During the same quarter in the prior year, the company posted $0.27 earnings per share. The firm's revenue was up 12.1% on a year-over-year basis. As a group, sell-side analysts predict that Rollins will post 1.09 earnings per share for the current year.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Monday, August 11th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, August 11th. Rollins's dividend payout ratio (DPR) is 65.35%.

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.