Rollins, Inc. (NYSE:ROL) has been given an average recommendation of “Hold” by the seven brokerages that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $55.50.
A number of brokerages recently weighed in on ROL. Zacks Investment Research raised shares of Rollins from a “sell” rating to a “hold” rating in a research note on Wednesday, September 19th. Gabelli began coverage on shares of Rollins in a research note on Monday, September 17th. They issued a “hold” rating and a $51.00 target price on the stock. Buckingham Research raised their target price on shares of Rollins from $50.00 to $56.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $55.00 target price (up from $50.00) on shares of Rollins in a research note on Saturday, August 18th.
Shares of ROL opened at $58.27 on Wednesday. The company has a market capitalization of $12.43 billion, a P/E ratio of 66.98, a P/E/G ratio of 5.33 and a beta of 0.27. Rollins has a 1-year low of $42.82 and a 1-year high of $64.39.
Rollins (NYSE:ROL) last announced its earnings results on Wednesday, October 24th. The business services provider reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. The business had revenue of $487.70 million for the quarter, compared to the consensus estimate of $489.64 million. Rollins had a net margin of 11.97% and a return on equity of 32.90%. Rollins’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period last year, the firm posted $0.24 earnings per share. As a group, equities analysts anticipate that Rollins will post 1.08 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Shareholders of record on Friday, November 9th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend is Thursday, November 8th. Rollins’s dividend payout ratio (DPR) is presently 64.37%.
Several hedge funds have recently bought and sold shares of ROL. Dimensional Fund Advisors LP raised its stake in shares of Rollins by 1.1% during the first quarter. Dimensional Fund Advisors LP now owns 634,306 shares of the business services provider’s stock worth $32,369,000 after acquiring an additional 6,917 shares in the last quarter. UBS Group AG raised its stake in shares of Rollins by 38.0% during the first quarter. UBS Group AG now owns 43,940 shares of the business services provider’s stock worth $2,242,000 after acquiring an additional 12,101 shares in the last quarter. Jane Street Group LLC raised its stake in shares of Rollins by 93.9% during the first quarter. Jane Street Group LLC now owns 9,288 shares of the business services provider’s stock worth $474,000 after acquiring an additional 4,498 shares in the last quarter. LPL Financial LLC raised its stake in shares of Rollins by 10.0% during the first quarter. LPL Financial LLC now owns 13,826 shares of the business services provider’s stock worth $706,000 after acquiring an additional 1,255 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in shares of Rollins by 14.5% during the first quarter. Legal & General Group Plc now owns 199,982 shares of the business services provider’s stock worth $10,205,000 after acquiring an additional 25,307 shares in the last quarter. 38.17% of the stock is currently owned by hedge funds and other institutional investors.
Rollins Company Profile
Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.
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