$446.10 Million in Sales Expected for Rollins, Inc. (ROL) This Quarter

Equities analysts expect Rollins, Inc. (NYSE:ROL) to post $446.10 million in sales for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Rollins’ earnings, with the highest sales estimate coming in at $447.00 million and the lowest estimate coming in at $445.20 million. Rollins posted sales of $414.71 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 7.6%. The firm is scheduled to issue its next earnings report on Wednesday, January 23rd.

On average, analysts expect that Rollins will report full year sales of $1.82 billion for the current year. For the next financial year, analysts anticipate that the company will post sales of $1.93 billion, with estimates ranging from $1.91 billion to $1.94 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for Rollins.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, October 24th. The business services provider reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.01. The business had revenue of $487.70 million during the quarter, compared to analysts’ expectations of $489.64 million. Rollins had a net margin of 11.97% and a return on equity of 32.90%. The business’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter last year, the company posted $0.24 earnings per share.

ROL has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Rollins from a “sell” rating to a “hold” rating in a report on Wednesday, October 31st. ValuEngine raised shares of Rollins from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 20th. Buckingham Research raised their price target on shares of Rollins from $50.00 to $56.00 and gave the stock a “neutral” rating in a report on Monday, October 29th. Gabelli initiated coverage on shares of Rollins in a report on Monday, September 17th. They issued a “hold” rating and a $51.00 price target for the company. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $55.00 price target (up previously from $50.00) on shares of Rollins in a report on Saturday, August 18th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $55.80.

Several institutional investors have recently modified their holdings of ROL. Chevy Chase Trust Holdings Inc. purchased a new position in shares of Rollins during the third quarter worth $117,000. Fort L.P. purchased a new position in shares of Rollins during the second quarter worth $122,000. Flagship Harbor Advisors LLC purchased a new position in shares of Rollins during the second quarter worth $174,000. Jefferies Group LLC purchased a new position in shares of Rollins during the third quarter worth $206,000. Finally, BB&T Corp purchased a new position in Rollins in the third quarter valued at $207,000. 38.93% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE ROL traded down $0.96 during midday trading on Tuesday, reaching $57.99. The company had a trading volume of 11,479 shares, compared to its average volume of 867,004. The stock has a market cap of $13.64 billion, a P/E ratio of 66.44, a P/E/G ratio of 5.82 and a beta of 0.31. Rollins has a 1 year low of $44.71 and a 1 year high of $64.42.

Rollins shares are going to split on Tuesday, December 11th. The 3-2 split was announced on Tuesday, October 23rd. The newly minted shares will be payable to shareholders after the closing bell on Monday, December 10th.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 10th. Investors of record on Friday, November 9th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, November 8th. This represents a $0.56 annualized dividend and a dividend yield of 0.97%. Rollins’s dividend payout ratio (DPR) is presently 64.37%.

About Rollins

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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Earnings History and Estimates for Rollins (NYSE:ROL)

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