Rollins, Inc. (NYSE:ROL) Receives $46.83 Average Target Price from Analysts

Rollins, Inc. (NYSE:ROL) has been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $46.83.

ROL has been the subject of several recent research reports. StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a report on Thursday. UBS Group reaffirmed a “neutral” rating and set a $49.00 price target on shares of Rollins in a report on Monday, April 15th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price target on shares of Rollins in a report on Thursday, February 15th. Finally, The Goldman Sachs Group began coverage on Rollins in a report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price target for the company.

Rollins Price Performance

ROL stock opened at $42.87 on Friday. The company has a market capitalization of $20.77 billion, a P/E ratio of 48.72, a PEG ratio of 3.35 and a beta of 0.63. Rollins has a twelve month low of $32.19 and a twelve month high of $47.45. The business has a 50 day simple moving average of $44.41 and a 200-day simple moving average of $42.04. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.42.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The firm had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. During the same period last year, the company earned $0.18 earnings per share. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. As a group, equities analysts anticipate that Rollins will post 0.99 EPS for the current year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.40%. Rollins’s payout ratio is 68.18%.

Insiders Place Their Bets

In other news, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total transaction of $116,395.96. Following the completion of the transaction, the insider now owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, insider Elizabeth B. Chandler sold 10,000 shares of Rollins stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total transaction of $410,500.00. Following the completion of the transaction, the insider now owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Traci Hornfeck sold 2,677 shares of Rollins stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the transaction, the insider now directly owns 14,376 shares of the company’s stock, valued at approximately $625,068.48. The disclosure for this sale can be found here. Over the last quarter, insiders sold 22,824 shares of company stock worth $994,558. 4.69% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ROL. Lindbrook Capital LLC grew its holdings in Rollins by 72.4% in the 4th quarter. Lindbrook Capital LLC now owns 619 shares of the business services provider’s stock valued at $27,000 after buying an additional 260 shares during the period. Spire Wealth Management raised its position in shares of Rollins by 139.7% in the 4th quarter. Spire Wealth Management now owns 755 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 440 shares in the last quarter. Principal Securities Inc. acquired a new position in shares of Rollins in the 4th quarter valued at approximately $36,000. Operose Advisors LLC acquired a new stake in shares of Rollins during the 3rd quarter valued at approximately $47,000. Finally, First Horizon Advisors Inc. raised its position in shares of Rollins by 224.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,603 shares of the business services provider’s stock valued at $60,000 after acquiring an additional 1,109 shares in the last quarter. Institutional investors and hedge funds own 51.79% of the company’s stock.

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.