Rollins (NYSE:ROL) Upgraded at StockNews.com

Rollins (NYSE:ROL) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday.

A number of other brokerages have also recently commented on ROL. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 target price on shares of Rollins in a report on Monday, January 6th. UBS Group boosted their price objective on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Barclays initiated coverage on shares of Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price objective on the stock. Morgan Stanley boosted their price objective on shares of Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. Finally, Canaccord Genuity Group boosted their price objective on shares of Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Rollins currently has a consensus rating of “Hold” and a consensus price target of $52.00.

Rollins Stock Down 1.5 %

ROL stock opened at $49.96 on Wednesday. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.34. Rollins has a twelve month low of $40.76 and a twelve month high of $52.83. The company’s 50 day moving average is $48.13 and its two-hundred day moving average is $49.04. The stock has a market cap of $24.19 billion, a P/E ratio of 52.04 and a beta of 0.76.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a net margin of 14.18% and a return on equity of 38.67%. Research analysts expect that Rollins will post 0.99 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Rollins

Several institutional investors have recently made changes to their positions in ROL. Creative Planning boosted its position in shares of Rollins by 27.1% during the 3rd quarter. Creative Planning now owns 23,169 shares of the business services provider’s stock worth $1,172,000 after purchasing an additional 4,946 shares in the last quarter. Bleakley Financial Group LLC boosted its position in shares of Rollins by 4.3% during the 3rd quarter. Bleakley Financial Group LLC now owns 8,354 shares of the business services provider’s stock worth $423,000 after purchasing an additional 341 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Rollins by 307.2% during the 3rd quarter. Blue Trust Inc. now owns 6,532 shares of the business services provider’s stock worth $319,000 after purchasing an additional 4,928 shares in the last quarter. Eastern Bank purchased a new stake in shares of Rollins during the 3rd quarter worth $2,538,000. Finally, Bank Pictet & Cie Europe AG boosted its position in shares of Rollins by 3.7% during the 3rd quarter. Bank Pictet & Cie Europe AG now owns 61,950 shares of the business services provider’s stock worth $3,133,000 after purchasing an additional 2,200 shares in the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

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.