Rollins (NYSE:ROL) Downgraded to “Hold” at StockNews.com

by · The Cerbat Gem

Rollins (NYSE:ROL – Get Free Report) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.

Several other analysts have also weighed in on ROL. Wells Fargo & Company lifted their price objective on shares of Rollins from $54.00 to $56.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Thursday, July 25th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $49.80.

View Our Latest Research Report on ROL

Rollins Trading Down 6.6 %

Rollins stock traded down $3.27 during trading hours on Thursday, reaching $46.48. 3,469,122 shares of the company’s stock were exchanged, compared to its average volume of 1,697,765. The firm’s 50 day simple moving average is $49.93 and its 200 day simple moving average is $48.12. Rollins has a twelve month low of $33.58 and a twelve month high of $51.96. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $22.51 billion, a PE ratio of 49.45 and a beta of 0.70.

Rollins (NYSE:ROL – Get Free Report) last released its earnings results on Wednesday, October 23rd. The business services provider reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.01). The business had revenue of $916.27 million for the quarter, compared to analyst estimates of $911.15 million. Rollins had a return on equity of 40.10% and a net margin of 14.23%. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.28 EPS. Research analysts predict that Rollins will post 1 earnings per share for the current year.

Insider Activity at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total transaction of $237,716.90. Following the transaction, the insider now owns 89,338 shares in the company, valued at approximately $4,533,010.12. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total transaction of $237,716.90. Following the completion of the sale, the insider now directly owns 89,338 shares of the company’s stock, valued at approximately $4,533,010.12. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 completion of the transaction, the insider now owns 95,023 shares in the company, valued at $4,543,999.86. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 14,056 shares of company stock valued at $698,347. 4.69% of the stock is owned by company insiders.

Institutional Trading of Rollins

Several institutional investors have recently made changes to their positions in ROL. Vanguard Group Inc. boosted its holdings in Rollins by 0.6% during 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 purchasing an additional 206,873 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of Rollins by 1.5% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 10,023,281 shares of the business services provider’s stock worth $489,036,000 after buying an additional 148,316 shares in the last quarter. TD Asset Management Inc boosted its stake in shares of Rollins by 14.5% in the 1st quarter. TD Asset Management Inc now owns 2,826,135 shares of the business services provider’s stock worth $130,765,000 after buying an additional 357,535 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Rollins by 4.9% in the 2nd quarter. Renaissance Technologies LLC now owns 2,825,569 shares of the business services provider’s stock worth $137,860,000 after buying an additional 133,100 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Rollins by 8.7% in the second quarter. Dimensional Fund Advisors LP now owns 2,156,892 shares of the business services provider’s stock valued at $105,247,000 after acquiring an additional 172,009 shares in the last quarter. Institutional investors own 51.79% of the company’s stock.

Rollins Company Profile

(Get Free Report)

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.

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