Terminix Global (NYSE:TMX) Trading Up 1.8%

Terminix Global Holdings, Inc. (NYSE:TMX) was up 1.8% during trading on Monday . The company traded as high as $44.28 and last traded at $44.24. Approximately 10,640 shares were traded during trading, a decline of 98% from the average daily volume of 632,590 shares. The stock had previously closed at $43.45.

A number of research analysts have recently commented on TMX shares. Zacks Investment Research downgraded Terminix Global from a “buy” rating to a “hold” rating in a research report on Wednesday, August 11th. Bank of America upgraded Terminix Global from an “underperform” rating to a “buy” rating and increased their price target for the company from $47.00 to $49.00 in a report on Tuesday, September 7th. Finally, Royal Bank of Canada increased their price target on Terminix Global from $46.00 to $49.00 and gave the company a “sector perform” rating in a report on Friday, September 10th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $52.40.

The company has a fifty day moving average of $45.99 and a two-hundred day moving average of $47.91. The company has a market cap of $5.49 billion, a PE ratio of 10.18, a price-to-earnings-growth ratio of 1.64 and a beta of 0.77. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.25 and a current ratio of 1.32.

Terminix Global (NYSE:TMX) last released its quarterly earnings results on Thursday, August 5th. The technology company reported $0.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.03. Terminix Global had a return on equity of 6.68% and a net margin of 28.16%. The company had revenue of $560.00 million for the quarter, compared to analyst estimates of $553.90 million. On average, equities analysts forecast that Terminix Global Holdings, Inc. will post 1.45 EPS for the current year.

In other Terminix Global news, CEO Brett Ponton bought 5,982 shares of Terminix Global stock in a transaction on Friday, September 3rd. The shares were acquired at an average price of $41.66 per share, for a total transaction of $249,210.12. Following the completion of the purchase, the chief executive officer now directly owns 5,982 shares in the company, valued at approximately $249,210.12. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 2.30% of the company’s stock.

Several institutional investors have recently made changes to their positions in TMX. Brown Advisory Inc. purchased a new position in shares of Terminix Global during the first quarter valued at $74,701,000. UBS Asset Management Americas Inc. purchased a new position in shares of Terminix Global during the first quarter valued at $63,163,000. Dimensional Fund Advisors LP purchased a new position in shares of Terminix Global during the fourth quarter valued at $59,515,000. Champlain Investment Partners LLC increased its stake in shares of Terminix Global by 40.8% during the first quarter. Champlain Investment Partners LLC now owns 3,038,755 shares of the technology company’s stock valued at $144,857,000 after buying an additional 880,554 shares during the period. Finally, William Blair Investment Management LLC increased its stake in shares of Terminix Global by 29.5% during the first quarter. William Blair Investment Management LLC now owns 3,657,470 shares of the technology company’s stock valued at $174,352,000 after buying an additional 833,557 shares during the period.

About Terminix Global (NYSE:TMX)

Terminix Global Holdings, Inc engages in the provision of residential and commercial services. It offers residential and commercial termite and pest control, national accounts pest control services, restoration, commercial cleaning, residential cleaning, cabinet and furniture repair, and home inspections.

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