Rollins, Inc. (NYSE:ROL) Receives $46.60 Average Price Target from Brokerages

Rollins, Inc. (NYSE:ROL) has earned a consensus rating of “Moderate Buy” from the five ratings firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $46.60.

ROL has been the topic of a number of recent analyst reports. UBS Group restated a “neutral” rating and issued a $49.00 price target on shares of Rollins in a research report on Monday, April 15th. StockNews.com upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, July 10th. Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Thursday, July 25th. Finally, Morgan Stanley boosted their target price on shares of Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th.

Rollins Trading Up 1.3 %

Shares of Rollins stock opened at $48.01 on Monday. The firm has a market capitalization of $23.25 billion, a PE ratio of 53.94, a price-to-earnings-growth ratio of 3.76 and a beta of 0.70. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.41. The firm’s 50 day moving average is $48.43 and its 200 day moving average is $45.95. Rollins has a 1 year low of $32.19 and a 1 year high of $50.87.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The firm had revenue of $891.90 million for the quarter, compared to analyst estimates of $895.02 million. During the same period in the previous year, the firm posted $0.23 EPS. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. Equities research analysts forecast that Rollins will post 1 earnings per share for the current fiscal year.

Rollins Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Monday, August 12th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Monday, August 12th. Rollins’s payout ratio is 67.42%.

Insider Transactions at Rollins

In other news, insider Elizabeth B. Chandler sold 4,686 shares of the stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $47.82, for a total value of $224,084.52. Following the sale, the insider now directly owns 95,023 shares of the company’s stock, valued at $4,543,999.86. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, insider Elizabeth B. Chandler sold 4,686 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $47.82, for a total value of $224,084.52. Following the sale, the insider now directly owns 95,023 shares of the company’s stock, valued at $4,543,999.86. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kenneth D. Krause sold 3,331 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $47.50, for a total transaction of $158,222.50. Following the completion of the sale, the chief financial officer now directly owns 90,747 shares in the company, valued at $4,310,482.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,017 shares of company stock valued at $948,707. 4.69% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Rollins by 0.6% in the first quarter. Vanguard Group Inc. now owns 32,438,440 shares of the business services provider’s stock worth $1,500,927,000 after acquiring an additional 206,873 shares during the period. Norges Bank purchased a new position in Rollins during the fourth quarter valued at $256,862,000. TD Asset Management Inc lifted its position in Rollins by 14.5% during the first quarter. TD Asset Management Inc now owns 2,826,135 shares of the business services provider’s stock valued at $130,765,000 after buying an additional 357,535 shares during the period. Blair William & Co. IL lifted its position in Rollins by 1.4% during the first quarter. Blair William & Co. IL now owns 2,043,014 shares of the business services provider’s stock valued at $94,530,000 after buying an additional 27,806 shares during the period. Finally, Wells Fargo & Company MN lifted its position in Rollins by 6.6% during the fourth quarter. Wells Fargo & Company MN now owns 2,019,876 shares of the business services provider’s stock valued at $88,208,000 after buying an additional 125,812 shares during the period. Institutional investors own 51.79% of the company’s stock.

About Rollins

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.