Rollins, Inc. (NYSE:ROL) Receives $51.50 Consensus Target Price from Analysts

Rollins, Inc. (NYSE:ROL) has been given a consensus recommendation of “Hold” by the six research firms that are currently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have given 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 $52.00.

Several equities research analysts recently issued reports on ROL shares. Canaccord Genuity Group boosted their price objective on Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a report on Friday, February 14th. UBS Group boosted their price objective on Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a report on Friday, January 17th. Barclays started coverage on Rollins in a research note on Monday, November 4th. They set an “equal weight” rating and a $50.00 target price for the company. Wells Fargo & Company boosted their target price on Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Finally, StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday.

Rollins Price Performance

ROL stock opened at $49.96 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $24.19 billion, a PE ratio of 52.04 and a beta of 0.76. Rollins has a 12-month low of $40.76 and a 12-month high of $52.83. The business’s fifty day moving average price is $48.13 and its 200 day moving average price is $49.04.

Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. Rollins had a return on equity of 38.67% and a net margin of 14.18%. On average, sell-side analysts anticipate that Rollins will post 0.99 EPS for the current year.

Rollins Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be paid a dividend of $0.165 per share. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 annualized dividend and a yield of 1.32%. Rollins’s payout ratio is 68.75%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Montrusco Bolton Investments Inc. boosted its position in shares of Rollins by 14.0% during the 3rd quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider’s stock worth $465,503,000 after acquiring an additional 1,154,722 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Rollins by 17.6% during the 4th quarter. Geode Capital Management LLC now owns 8,557,923 shares of the business services provider’s stock worth $395,819,000 after acquiring an additional 1,282,508 shares in the last quarter. Invesco Ltd. boosted its position in shares of Rollins by 16.9% during the 4th quarter. Invesco Ltd. now owns 4,267,060 shares of the business services provider’s stock worth $197,778,000 after acquiring an additional 617,876 shares in the last quarter. Norges Bank acquired a new position in shares of Rollins during the 4th quarter worth about $176,784,000. Finally, Northern Trust Corp boosted its position in shares of Rollins by 11.8% in the 4th quarter. Northern Trust Corp now owns 3,046,844 shares of the business services provider’s stock valued at $141,221,000 after purchasing an additional 322,610 shares during the period. 51.79% of the stock is owned by institutional investors and hedge funds.

About Rollins

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.