Rollins, Inc. (NYSE:ROL) Receives $46.83 Consensus Target Price from Analysts

Shares of Rollins, Inc. (NYSE:ROL) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $46.83.

A number of analysts recently weighed in on ROL shares. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note on Thursday, February 15th. The Goldman Sachs Group initiated coverage on shares of Rollins in a report on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 target price for the company. Morgan Stanley initiated coverage on shares of Rollins in a report on Thursday, December 21st. They issued an “equal weight” rating and a $42.00 target price for the company. Finally, UBS Group reduced their target price on shares of Rollins from $50.00 to $49.00 and set a “buy” rating for the company in a report on Friday, February 16th.

Insider Activity

In other news, insider Traci Hornfeck sold 2,677 shares of the company’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $43.48, for a total transaction of $116,395.96. Following the transaction, the insider now owns 14,376 shares in the company, valued at $625,068.48. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, insider Traci Hornfeck sold 2,677 shares of the company’s stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total value of $116,395.96. Following the sale, the insider now owns 14,376 shares in the company, valued at $625,068.48. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Elizabeth B. Chandler sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total value of $410,500.00. Following the completion of the sale, the insider now owns 99,709 shares in the company, valued at approximately $4,093,054.45. The disclosure for this sale can be found here. Insiders have sold a total of 22,824 shares of company stock worth $994,558 over the last 90 days. 4.69% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Rollins

Several hedge funds have recently bought and sold shares of ROL. Markel Corp boosted its position in Rollins by 0.4% in the 1st quarter. Markel Corp now owns 1,248,275 shares of the business services provider’s stock worth $43,752,000 after purchasing an additional 5,000 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Rollins by 4.7% in the 1st quarter. JPMorgan Chase & Co. now owns 228,203 shares of the business services provider’s stock worth $7,999,000 after purchasing an additional 10,319 shares in the last quarter. American Century Companies Inc. boosted its position in Rollins by 19.1% in the 1st quarter. American Century Companies Inc. now owns 17,031 shares of the business services provider’s stock worth $597,000 after purchasing an additional 2,730 shares in the last quarter. HighTower Advisors LLC boosted its position in Rollins by 4.7% in the 1st quarter. HighTower Advisors LLC now owns 49,502 shares of the business services provider’s stock worth $1,731,000 after purchasing an additional 2,243 shares in the last quarter. Finally, Natixis Advisors L.P. boosted its position in Rollins by 24.3% in the 1st quarter. Natixis Advisors L.P. now owns 46,760 shares of the business services provider’s stock worth $1,639,000 after purchasing an additional 9,129 shares in the last quarter. Hedge funds and other institutional investors own 51.79% of the company’s stock.

Rollins Stock Down 0.9 %

Shares of ROL opened at $46.27 on Tuesday. The firm has a market capitalization of $22.42 billion, a P/E ratio of 52.58, a P/E/G ratio of 3.65 and a beta of 0.63. Rollins has a 12-month low of $32.19 and a 12-month high of $47.45. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.42. The firm has a fifty day moving average price of $44.28 and a 200-day moving average price of $41.17.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, February 14th. The business services provider reported $0.21 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.21. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The company had revenue of $754.10 million during the quarter, compared to analyst estimates of $753.40 million. During the same period in the prior year, the firm earned $0.17 earnings per share. The firm’s revenue for the quarter was up 14.0% compared to the same quarter last year. Equities research analysts expect that Rollins will post 0.99 earnings per share for the current year.

Rollins Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 21st were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 20th. This represents a $0.60 annualized dividend and a dividend yield of 1.30%. Rollins’s dividend payout ratio (DPR) is currently 68.18%.

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.