Rollins (NYSE:ROL) Price Target Increased to $43.00 by Analysts at Morgan Stanley

Rollins (NYSE:ROL) had its price target lifted by investment analysts at Morgan Stanley from $42.00 to $43.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has an “equal weight” rating on the business services provider’s stock. Morgan Stanley’s target price indicates a potential downside of 4.76% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a research note on Thursday. The Goldman Sachs Group assumed coverage on shares of Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price target for the company. UBS Group reissued a “neutral” rating and set a $49.00 price target on shares of Rollins in a research report on Monday, April 15th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Thursday, February 15th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

Rollins Trading Up 2.0 %

Shares of Rollins stock traded up $0.88 during trading on Friday, reaching $45.15. The company’s stock had a trading volume of 620,723 shares, compared to its average volume of 1,944,620. Rollins has a 52-week low of $32.19 and a 52-week high of $47.45. The company has a market cap of $21.88 billion, a price-to-earnings ratio of 50.76, a PEG ratio of 3.38 and a beta of 0.63. The firm’s 50-day moving average is $44.46 and its two-hundred day moving average is $42.06. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.42.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, April 24th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. Rollins had a net margin of 13.94% and a return on equity of 37.47%. The company had revenue of $748.35 million during the quarter, compared to analysts’ expectations of $739.12 million. During the same quarter in the prior year, the company earned $0.18 EPS. The firm’s revenue was up 13.7% on a year-over-year basis. On average, sell-side analysts anticipate that Rollins will post 0.99 earnings per share for the current year.

Insiders Place Their Bets

In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the transaction, the chief financial officer now directly owns 99,078 shares in the company, valued at approximately $4,575,422.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 dated Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the transaction, the chief financial officer now directly 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 this hyperlink. Also, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction dated 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 $4,093,054.45. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,824 shares of company stock worth $994,558. 4.69% of the stock is currently owned by corporate insiders.

Institutional Trading of Rollins

A number of institutional investors and hedge funds have recently bought and sold shares of the company. TRUE Private Wealth Advisors increased its stake in Rollins by 4.3% during the 1st quarter. TRUE Private Wealth Advisors now owns 9,010 shares of the business services provider’s stock valued at $417,000 after purchasing an additional 374 shares in the last quarter. Bridges Investment Management Inc. boosted its holdings in shares of Rollins by 29.8% during the 1st quarter. Bridges Investment Management Inc. now owns 48,260 shares of the business services provider’s stock valued at $2,233,000 after acquiring an additional 11,094 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Rollins by 8.6% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 55,872 shares of the business services provider’s stock valued at $2,585,000 after acquiring an additional 4,433 shares during the last quarter. Benedict Financial Advisors Inc. boosted its holdings in shares of Rollins by 0.8% during the 1st quarter. Benedict Financial Advisors Inc. now owns 48,900 shares of the business services provider’s stock valued at $2,263,000 after acquiring an additional 401 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Rollins by 4.9% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 148,696 shares of the business services provider’s stock valued at $6,880,000 after acquiring an additional 7,000 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

Rollins Company Profile

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.