Rollins, Inc. (NYSE:ROL) Receives $62.18 Consensus PT from Brokerages

Shares of Rollins, Inc. (NYSE:ROL) have earned an average recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $62.1818.

A number of equities research analysts have weighed in on ROL shares. Barclays boosted their target price on shares of Rollins from $55.00 to $60.00 and gave the company an “equal weight” rating in a research note on Friday, July 25th. JPMorgan Chase & Co. started coverage on Rollins in a research note on Friday, September 26th. They issued an “overweight” rating and a $70.00 price objective for the company. Weiss Ratings restated a “buy (b)” rating on shares of Rollins in a research note on Tuesday, October 14th. Piper Sandler upped their price objective on Rollins from $70.00 to $72.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Finally, UBS Group upped their price objective on Rollins from $59.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, July 25th.

Institutional Investors Weigh In On Rollins

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Citizens Financial Group Inc. RI purchased a new stake in shares of Rollins in the 3rd quarter worth $224,000. Swmg LLC increased its stake in Rollins by 34.4% in the 3rd quarter. Swmg LLC now owns 15,809 shares of the business services provider’s stock worth $898,000 after buying an additional 4,047 shares in the last quarter. Freedom Day Solutions LLC increased its stake in Rollins by 2.3% in the 3rd quarter. Freedom Day Solutions LLC now owns 48,006 shares of the business services provider’s stock worth $2,820,000 after buying an additional 1,101 shares in the last quarter. Legacy Trust purchased a new stake in Rollins in the 3rd quarter worth $382,000. Finally, Oregon Public Employees Retirement Fund increased its stake in Rollins by 31.9% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 32,047 shares of the business services provider’s stock worth $1,882,000 after buying an additional 7,742 shares in the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

Rollins Price Performance

Shares of ROL opened at $56.65 on Wednesday. The firm has a market cap of $27.45 billion, a PE ratio of 56.09 and a beta of 0.69. The company has a current ratio of 0.68, a quick ratio of 0.63 and a debt-to-equity ratio of 0.34. The firm has a fifty day simple moving average of $56.91 and a two-hundred day simple moving average of $56.62. Rollins has a 1-year low of $45.34 and a 1-year high of $59.12.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, July 23rd. The business services provider reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. The business had revenue of $999.53 million during the quarter, compared to analyst estimates of $988.77 million. Rollins had a net margin of 13.70% and a return on equity of 36.96%. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.27 EPS. On average, equities analysts anticipate that Rollins will post 1.09 EPS for the current year.

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.