Rollins (NYSE:ROL) Sets New 52-Week Low - What's Next?

Rollins, Inc. (NYSE:ROL - Get Free Report) shares reached a new 52-week low on Wednesday . The stock traded as low as $55.77 and last traded at $57.06, with a volume of 1994224 shares traded. The stock had previously closed at $56.34.

Analysts Set New Price Targets

Several equities analysts recently issued reports on ROL shares. Royal Bank of Canada lifted their price target on shares of Rollins from $52.00 to $62.00 and gave the company an "outperform" rating in a report on Thursday, April 17th. Canaccord Genuity Group boosted their price objective on shares of Rollins from $49.00 to $50.00 and gave the stock a "hold" rating in a research report on Friday, April 25th. UBS Group increased their price objective on Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a research report on Friday, January 17th. Barclays boosted their target price on Rollins from $50.00 to $55.00 and gave the stock an "equal weight" rating in a research report on Friday, April 4th. Finally, StockNews.com upgraded Rollins from a "hold" rating to a "buy" rating in a report on Thursday, April 17th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $55.57.

Rollins Stock Up 1.1 %

The business has a fifty day moving average of $53.45 and a 200 day moving average of $50.42. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. The firm has a market cap of $27.48 billion, a P/E ratio of 59.06 and a beta of 0.80.

Rollins (NYSE:ROL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The business services provider reported $0.22 earnings per share for the quarter, meeting analysts' consensus estimates of $0.22. Rollins had a net margin of 13.76% and a return on equity of 37.94%. The business had revenue of $822.50 million for the quarter, compared to the consensus estimate of $817.09 million. During the same period last year, the company posted $0.20 EPS. Rollins's revenue for the quarter was up 9.9% on a year-over-year basis. On average, equities research analysts predict that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Monday, May 12th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.16%. The ex-dividend date is Monday, May 12th. Rollins's dividend payout ratio (DPR) is 66.67%.

Insider Buying and Selling

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

Institutional Investors Weigh In On Rollins

Several institutional investors have recently added to or reduced their stakes in ROL. Asset Advisors Investment Management LLC raised its stake in shares of Rollins by 57.0% in the 1st quarter. Asset Advisors Investment Management LLC now owns 33,750 shares of the business services provider's stock valued at $1,824,000 after purchasing an additional 12,257 shares during the period. Wealthfront Advisers LLC raised its position in Rollins by 5.7% in the 1st quarter. Wealthfront Advisers LLC now owns 93,125 shares of the business services provider's stock valued at $5,032,000 after buying an additional 5,056 shares during the last quarter. Whittier Trust Co. boosted its position in Rollins by 19.7% during the 1st quarter. Whittier Trust Co. now owns 5,419 shares of the business services provider's stock worth $293,000 after acquiring an additional 890 shares during the last quarter. Dakota Wealth Management bought a new position in shares of Rollins during the 1st quarter worth approximately $6,254,000. Finally, Asahi Life Asset Management CO. LTD. acquired a new stake in shares of Rollins in the first quarter valued at approximately $360,000. 51.79% of the stock is owned by 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.