Rollins (NYSE:ROL) Issues Quarterly Earnings Results, Meets Expectations

Rollins (NYSE:ROL) announced its earnings results on Wednesday. The business services provider reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20, Briefing.com reports. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The firm had revenue of $748.35 million for the quarter, compared to the consensus estimate of $739.12 million. During the same period in the prior year, the firm earned $0.18 EPS. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis.

Rollins Trading Up 0.5 %

NYSE ROL opened at $42.87 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.71 and a quick ratio of 0.65. The firm’s fifty day moving average price is $44.41 and its 200 day moving average price is $42.04. The company has a market capitalization of $20.77 billion, a price-to-earnings ratio of 48.72, a price-to-earnings-growth ratio of 3.37 and a beta of 0.63. Rollins has a 12 month low of $32.19 and a 12 month high of $47.45.

Rollins Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.40%. Rollins’s dividend payout ratio (DPR) is 68.18%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ROL. StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a research note on Thursday. The Goldman Sachs Group began coverage on shares of Rollins in a research note on Tuesday, January 2nd. They set a “buy” rating and a $49.00 target price on the stock. UBS Group reaffirmed a “neutral” rating and set a $49.00 target price on shares of Rollins in a research note on Monday, April 15th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research report on Thursday, February 15th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.83.

Insider Activity at Rollins

In related news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total transaction of $230,900.00. Following the completion of the sale, the chief financial officer now owns 99,078 shares in the company, valued at approximately $4,575,422.04. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total transaction of $230,900.00. Following the completion of the sale, the chief financial officer now owns 99,078 shares in the company, valued at approximately $4,575,422.04. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Thomas D. Tesh sold 5,147 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $46.00, for a total transaction of $236,762.00. Following the sale, the insider now owns 35,387 shares of the company’s stock, valued at approximately $1,627,802. The disclosure for this sale can be found here. Insiders have sold 22,824 shares of company stock valued at $994,558 in the last ninety days. Insiders own 4.69% 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.