Goldman Sachs Group began coverage on shares of Servicemaster Global (NYSE:SERV) in a report released on Wednesday, The Fly reports. The brokerage set a “neutral” rating on the business services provider’s stock.

Several other research firms have also recently weighed in on SERV. Zacks Investment Research cut Servicemaster Global from a “hold” rating to a “strong sell” rating in a report on Friday, August 10th. Buckingham Research set a $47.00 price objective on Servicemaster Global and gave the stock a “buy” rating in a research note on Thursday, September 13th. Stifel Nicolaus started coverage on Servicemaster Global in a research note on Monday, July 23rd. They issued a “buy” rating and a $70.00 price objective for the company. William Blair restated a “buy” rating on shares of Servicemaster Global in a research note on Tuesday, September 11th. Finally, Morgan Stanley set a $61.00 price objective on Servicemaster Global and gave the stock a “buy” rating in a research note on Thursday, September 13th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company. Servicemaster Global has an average rating of “Hold” and a consensus price target of $48.13.

NYSE SERV opened at $43.01 on Wednesday. The firm has a market cap of $5.76 billion, a PE ratio of 20.38, a PEG ratio of 1.95 and a beta of 0.81. The company has a current ratio of 1.15, a quick ratio of 1.09 and a debt-to-equity ratio of 1.90. Servicemaster Global has a 1-year low of $30.79 and a 1-year high of $45.64.

Servicemaster Global (NYSE:SERV) last released its quarterly earnings results on Tuesday, November 6th. The business services provider reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.12). The firm had revenue of $873.00 million for the quarter, compared to the consensus estimate of $865.00 million. Servicemaster Global had a net margin of 16.61% and a return on equity of 23.65%. Servicemaster Global’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.73 earnings per share. As a group, analysts forecast that Servicemaster Global will post 2.11 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of the company. Marshall Wace LLP increased its stake in Servicemaster Global by 3.3% in the 2nd quarter. Marshall Wace LLP now owns 34,190 shares of the business services provider’s stock worth $2,033,000 after buying an additional 1,107 shares in the last quarter. BlueMountain Capital Management LLC increased its stake in Servicemaster Global by 1.5% in the 2nd quarter. BlueMountain Capital Management LLC now owns 76,741 shares of the business services provider’s stock worth $4,564,000 after buying an additional 1,115 shares in the last quarter. Swiss National Bank increased its stake in Servicemaster Global by 0.6% in the 3rd quarter. Swiss National Bank now owns 236,207 shares of the business services provider’s stock worth $14,652,000 after buying an additional 1,300 shares in the last quarter. Xact Kapitalforvaltning AB increased its stake in Servicemaster Global by 7.9% in the 3rd quarter. Xact Kapitalforvaltning AB now owns 19,011 shares of the business services provider’s stock worth $1,179,000 after buying an additional 1,400 shares in the last quarter. Finally, Gabelli Funds LLC increased its stake in Servicemaster Global by 1.4% in the 3rd quarter. Gabelli Funds LLC now owns 104,600 shares of the business services provider’s stock worth $6,488,000 after buying an additional 1,400 shares in the last quarter. Hedge funds and other institutional investors own 98.35% of the company’s stock.

Servicemaster Global Company Profile

ServiceMaster Global Holdings, Inc provides residential and commercial services in the United States. The company operates through three segments: Terminix, American Home Shield, and the Franchise Services Group. The Terminix segment offers termite and pest control services, including termite remediation, annual termite inspection, and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.

Read More: Closed-End Mutual Funds (CEFs)

The Fly

Analyst Recommendations for Servicemaster Global (NYSE:SERV)

Receive News & Ratings for Servicemaster Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Servicemaster Global and related companies with MarketBeat.com's FREE daily email newsletter.