Rollins, Inc. (NYSE:ROL) Stock Has Consensus Target Price of $45.94

Rollins, Inc. (NYSE:ROL) has earned a consensus rating of “Hold” from the nineteen analysts that are currently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $45.94.

A number of brokerages have issued reports on ROL. Citigroup reaffirmed an “underperform” rating on shares of Rollins in a report on Monday. Zacks Research downgraded Rollins from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. Wells Fargo & Company reissued an “underweight” rating and set a $27.00 target price (down from $32.00) on shares of Rollins in a research report on Tuesday, September 29th. Bank of America reissued a “neutral” rating and set a $35.00 target price (down from $55.00) on shares of Rollins in a research report on Thursday, July 23rd. Finally, BNP Paribas Exane decreased their target price on Rollins from $44.00 to $35.00 and set a “neutral” rating for the company in a research note on Tuesday, September 29th.

Rollins Price Performance

Shares of ROL opened at $31.95 on Wednesday. Rollins has a twelve month low of $29.28 and a twelve month high of $66.14. The firm’s fifty day simple moving average is $34.47 and its 200-day simple moving average is $43.95. The firm has a market capitalization of $15.37 billion, a price-to-earnings ratio of 29.05, a PEG ratio of 3.59 and a beta of 0.73. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 0.34.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.02). The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Rollins had a return on equity of 38.81% and a net margin of 13.55%. Rollins’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period last year, the firm posted $0.30 earnings per share. Equities analysts forecast that Rollins will post 1.16 EPS for the current fiscal year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were issued a dividend of $0.1825 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.73 dividend on an annualized basis and a yield of 2.3%. Rollins’s dividend payout ratio (DPR) is presently 66.36%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ROL. Sequoia Financial Advisors LLC grew its position in Rollins by 1.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 16,365 shares of the business services provider’s stock valued at $874,000 after buying an additional 183 shares during the last quarter. IFM Investors Pty Ltd raised its position in Rollins by 0.3% during the 1st quarter. IFM Investors Pty Ltd now owns 57,895 shares of the business services provider’s stock worth $3,092,000 after buying an additional 185 shares during the last quarter. DGS Capital Management LLC raised its position in Rollins by 4.0% during the 1st quarter. DGS Capital Management LLC now owns 5,602 shares of the business services provider’s stock worth $299,000 after buying an additional 215 shares during the last quarter. Sterling Group Wealth Management LLC lifted its stake in shares of Rollins by 6.1% in the 1st quarter. Sterling Group Wealth Management LLC now owns 4,106 shares of the business services provider’s stock worth $219,000 after acquiring an additional 235 shares during the period. Finally, Gallacher Capital Management LLC lifted its stake in shares of Rollins by 5.6% in the 1st quarter. Gallacher Capital Management LLC now owns 5,087 shares of the business services provider’s stock worth $272,000 after acquiring an additional 268 shares during the period. 51.79% of the stock is owned by hedge funds and other institutional investors.

Rollins Company Profile

Rollins, Inc is a global provider of pest and wildlife control services. The company serves residential and commercial customers with solutions for common pests, including insects, rodents, termites, bedbugs and mosquitoes. Its services also include wildlife management, sanitation and related specialty treatments.

Rollins operates through a portfolio of well-known brands, including Orkin, Terminix, HomeTeam Pest Defense and Critter Control. These brands provide recurring pest prevention, inspections, extermination, termite control and other property protection services to homeowners, businesses and institutions.

Founded in 1948 and headquartered in Atlanta, Georgia, Rollins has expanded its operations across the United States and into international markets.