Rollins (NYSE:ROL) posted its quarterly earnings results on Wednesday. The business services provider reported $0.22 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.22, Briefing.com reports. The business had revenue of $556.50 million for the quarter, compared to the consensus estimate of $547.92 million. Rollins had a net margin of 11.99% and a return on equity of 31.43%. Rollins’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.31 earnings per share.
ROL stock traded up $0.07 during mid-day trading on Thursday, reaching $38.60. 1,139,300 shares of the stock traded hands, compared to its average volume of 1,351,029. The business has a 50-day moving average of $34.60 and a two-hundred day moving average of $36.30. The firm has a market capitalization of $12.54 billion, a PE ratio of 54.37 and a beta of 0.34. The company has a quick ratio of 0.73, a current ratio of 0.77 and a debt-to-equity ratio of 0.45. Rollins has a 52 week low of $31.36 and a 52 week high of $43.91.
A number of equities research analysts recently issued reports on the stock. Royal Bank of Canada assumed coverage on shares of Rollins in a report on Tuesday, October 8th. They issued a “sector perform” rating and a $34.00 price objective for the company. Stifel Nicolaus cut shares of Rollins from a “hold” rating to a “sell” rating and decreased their price target for the company from $36.50 to $25.00 in a report on Wednesday, June 26th. Finally, Zacks Investment Research upgraded shares of Rollins from a “sell” rating to a “hold” rating and set a $41.00 price target for the company in a report on Thursday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. Rollins presently has a consensus rating of “Hold” and an average target price of $36.54.
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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