Rollins (NYSE:ROL – Get Rating) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.
Separately, Redburn Partners initiated coverage on Rollins in a report on Wednesday, February 1st. They set a “buy” rating and a $62.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.25.
Rollins Stock Up 0.9 %
ROL opened at $36.49 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.65 and a current ratio of 0.71. Rollins has a one year low of $31.43 and a one year high of $43.06. The business’s 50-day simple moving average is $35.94 and its 200-day simple moving average is $37.12. The stock has a market capitalization of $17.96 billion, a P/E ratio of 49.31 and a beta of 0.65.
Insider Buying and Selling at Rollins
In other Rollins news, insider Elizabeth B. Chandler sold 2,129 shares of Rollins stock in a transaction that occurred on Thursday, January 26th. The stock was sold at an average price of $36.57, for a total value of $77,857.53. Following the sale, the insider now owns 96,960 shares of the company’s stock, valued at approximately $3,545,827.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 53.10% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Rollins
A number of institutional investors have recently added to or reduced their stakes in ROL. Eagle Bay Advisors LLC purchased a new stake in shares of Rollins during the 2nd quarter worth approximately $29,000. Tobam purchased a new stake in shares of Rollins during the 4th quarter worth approximately $33,000. Harvest Fund Management Co. Ltd purchased a new stake in shares of Rollins during the 4th quarter worth approximately $35,000. Federated Hermes Inc. purchased a new stake in shares of Rollins during the 2nd quarter worth approximately $40,000. Finally, Fred Alger Management LLC purchased a new stake in shares of Rollins during the 3rd quarter worth approximately $41,000. Hedge funds and other institutional investors own 38.98% of the company’s stock.
Rollins, Inc engages in the provision of pest and termite control services through its wholly-owned subsidiaries to both residential and commercial customers in the United States, Canada, Central America, South America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Mexico, and Australia.
- Get a free copy of the StockNews.com research report on Rollins (ROL)
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