Rollins (ROL) PT Raised to $56.00 at Buckingham Research

Rollins (NYSE:ROL) had its target price increased by stock analysts at Buckingham Research from $50.00 to $56.00 in a research report issued to clients and investors on Monday. The firm currently has a “neutral” rating on the business services provider’s stock. Buckingham Research’s target price would indicate a potential downside of 3.90% from the stock’s previous close.

Several other research firms have also recently weighed in on ROL. Zacks Investment Research raised shares of Rollins from a “sell” rating to a “hold” rating in a research report on Wednesday, September 19th. Gabelli assumed coverage on shares of Rollins in a research report on Monday, September 17th. They set a “hold” rating and a $51.00 price objective for the company. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $55.00 price objective (up previously from $50.00) on shares of Rollins in a research report on Saturday, August 18th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $55.80.

ROL opened at $58.27 on Monday. Rollins has a twelve month low of $42.82 and a twelve month high of $64.39. The stock has a market cap of $12.43 billion, a P/E ratio of 66.71, a PEG ratio of 5.33 and a beta of 0.27.



Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, October 24th. The business services provider reported $0.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.30 by $0.01. Rollins had a net margin of 11.97% and a return on equity of 32.90%. The business had revenue of $487.70 million during the quarter, compared to analysts’ expectations of $489.64 million. During the same quarter in the prior year, the business posted $0.24 earnings per share. Rollins’s revenue was up 8.3% compared to the same quarter last year. On average, analysts expect that Rollins will post 1.08 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the business. Schwab Charles Investment Management Inc. raised its stake in Rollins by 3.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 432,128 shares of the business services provider’s stock worth $22,722,000 after acquiring an additional 15,969 shares in the last quarter. Pensionfund DSM Netherlands acquired a new position in Rollins during the third quarter worth about $2,428,000. Wells Fargo & Company MN raised its stake in Rollins by 8.8% during the second quarter. Wells Fargo & Company MN now owns 248,464 shares of the business services provider’s stock worth $13,063,000 after acquiring an additional 20,165 shares in the last quarter. Markel Corp raised its stake in Rollins by 5.2% during the second quarter. Markel Corp now owns 504,700 shares of the business services provider’s stock worth $26,537,000 after acquiring an additional 25,000 shares in the last quarter. Finally, Swiss National Bank raised its stake in Rollins by 2.9% during the second quarter. Swiss National Bank now owns 324,500 shares of the business services provider’s stock worth $17,062,000 after acquiring an additional 9,000 shares in the last quarter. 38.17% of the stock is 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.

See Also: How dollar cost averaging works

Analyst Recommendations for Rollins (NYSE:ROL)

Receive News & Ratings for Rollins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rollins and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply