Rollins (NYSE:ROL) Hits New 1-Year Low – Time to Sell?

Rollins, Inc. (NYSE:ROL)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as $51.18 and last traded at $51.9720, with a volume of 333880 shares. The stock had previously closed at $53.16.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ROL. Morgan Stanley set a $70.00 target price on shares of Rollins in a report on Friday, February 13th. The Goldman Sachs Group reiterated a “buy” rating and issued a $67.00 target price on shares of Rollins in a report on Thursday, April 23rd. Rothschild & Co Redburn set a $66.00 target price on shares of Rollins and gave the stock a “buy” rating in a report on Monday, April 27th. Royal Bank Of Canada set a $67.00 target price on shares of Rollins and gave the stock an “outperform” rating in a report on Thursday, February 12th. Finally, Weiss Ratings downgraded shares of Rollins from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $64.00.

Rollins Trading Down 1.9%

The company has a debt-to-equity ratio of 0.35, a current ratio of 0.65 and a quick ratio of 0.59. The stock has a market cap of $23.80 billion, a price-to-earnings ratio of 45.35, a P/E/G ratio of 3.10 and a beta of 0.79. The company’s fifty day moving average price is $53.96 and its 200-day moving average price is $58.14.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. Rollins had a net margin of 13.77% and a return on equity of 38.37%. The firm had revenue of $906.42 million for the quarter, compared to the consensus estimate of $895.17 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. The company’s revenue for the quarter was up 10.2% compared to the same quarter last year. On average, research analysts expect that Rollins, Inc. will post 1.24 EPS for the current fiscal year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 11th will be issued a dividend of $0.1825 per share. The ex-dividend date is Monday, May 11th. This represents a $0.73 annualized dividend and a dividend yield of 1.5%. Rollins’s dividend payout ratio is 66.97%.

Institutional Trading of Rollins

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. DV Equities LLC purchased a new position in shares of Rollins in the fourth quarter worth about $25,000. Cornerstone Planning Group LLC raised its stake in shares of Rollins by 528.4% in the fourth quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after purchasing an additional 354 shares during the last quarter. Board of the Pension Protection Fund acquired a new position in Rollins in the 4th quarter worth approximately $30,000. Torren Management LLC acquired a new position in Rollins in the 4th quarter worth approximately $36,000. Finally, Fideuram Asset Management Ireland dac acquired a new position in Rollins in the 4th quarter worth approximately $43,000. Institutional investors and hedge funds own 51.79% of the company’s stock.

About Rollins

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.