Rollins, Inc. (NYSE:ROL) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analysts maintain a consensus “Hold” rating on Rollins, with 10 holds, five buys, three sells and one strong buy among 19 firms. The average 12-month price target is $48.71.
• Recent analyst actions were largely cautious: Wells Fargo downgraded the stock to “underweight” with a $32 target, while RBC cut it to “sector perform” with a $40 target.
• Rollins’ latest quarterly results fell slightly short of expectations, with EPS of $0.32 versus a $0.34 estimate and revenue of $1.08 billion versus $1.09 billion expected. The company announced a quarterly dividend of $0.1825, representing a 2.0% annualized yield.

Shares of Rollins, Inc. (NYSE:ROL - Get Free Report) have received a consensus recommendation of "Hold" from the nineteen ratings firms that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $48.7059.

Several research firms have weighed in on ROL. Weiss Ratings cut shares of Rollins from a "hold (c)" rating to a "hold (c-)" rating in a report on Tuesday, August 11th. Wells Fargo & Company lowered shares of Rollins from an "overweight" rating to an "underweight" rating and decreased their target price for the company from $46.00 to $32.00 in a report on Friday, July 24th. Royal Bank Of Canada cut Rollins from an "outperform" rating to a "sector perform" rating and lowered their price target for the stock from $52.00 to $40.00 in a report on Thursday, July 23rd. Canaccord Genuity Group set a $45.00 target price on shares of Rollins and gave the stock a "hold" rating in a research note on Thursday, July 23rd. Finally, Raymond James Financial set a $35.00 price target on shares of Rollins in a research report on Thursday, July 23rd.

Rollins Price Performance

Shares of ROL opened at $35.97 on Tuesday. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 0.34. The company's fifty day simple moving average is $42.13 and its 200 day simple moving average is $50.97. The company has a market cap of $17.31 billion, a price-to-earnings ratio of 32.70, a PEG ratio of 3.95 and a beta of 0.75. Rollins has a 1-year low of $35.92 and a 1-year high of $66.14.

Rollins (NYSE:ROL - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.02). Rollins had a net margin of 13.55% and a return on equity of 38.81%. The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the business posted $0.30 earnings per share. The company's revenue for the quarter was up 7.9% on a year-over-year basis. On average, research analysts forecast that Rollins will post 1.19 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be issued a $0.1825 dividend. The ex-dividend date is Monday, August 10th. This represents a $0.73 annualized dividend and a yield of 2.0%. Rollins's payout ratio is presently 66.36%.

Institutional Trading of Rollins

Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in Rollins in the second quarter valued at $1,204,334,000. Norges Bank bought a new stake in Rollins in the 4th quarter worth about $244,669,000. Legal & General Group Plc bought a new stake in Rollins during the second quarter worth $84,181,000. Pictet Asset Management Holding SA raised its stake in shares of Rollins by 188.2% during the 1st quarter. Pictet Asset Management Holding SA now owns 2,908,818 shares of the business services provider's stock worth $155,335,000 after purchasing an additional 1,899,515 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in Rollins in the second quarter valued at about $65,993,000. Institutional investors own 51.79% of the company's stock.

Rollins Company Profile

Rollins, Inc NYSE: ROL is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.

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