Rollins (NYSE:ROL) Stock Rating Reaffirmed by Royal Bank of Canada

Royal Bank of Canada reaffirmed their outperform rating on shares of Rollins (NYSE:ROL) in a report published on Thursday, Benzinga reports. The firm currently has a $52.00 price target on the business services provider’s stock.

Other research analysts have also issued research reports about the company. UBS Group reiterated a neutral rating and set a $49.00 target price on shares of Rollins in a research report on Monday, April 15th. Morgan Stanley increased their target price on Rollins from $42.00 to $43.00 and gave the company an equal weight rating in a research report on Friday, April 26th. Finally, StockNews.com upgraded Rollins from a hold rating to a buy rating in a research report on Wednesday, July 10th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of Moderate Buy and a consensus target price of $46.60.

Rollins Price Performance

Shares of NYSE ROL opened at $45.93 on Thursday. The stock has a market capitalization of $22.24 billion, a price-to-earnings ratio of 51.61, a PEG ratio of 3.50 and a beta of 0.70. Rollins has a 12 month low of $32.19 and a 12 month high of $50.87. The firm’s 50 day simple moving average is $48.27 and its 200-day simple moving average is $45.84. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.78 and a quick ratio of 0.72.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 EPS for the quarter, hitting analysts’ consensus estimates of $0.27. The business had revenue of $891.90 million for the quarter, compared to analysts’ expectations of $895.02 million. Rollins had a net margin of 14.23% and a return on equity of 40.10%. During the same quarter last year, the company earned $0.23 EPS. The business’s revenue was up 8.7% on a year-over-year basis. Analysts expect that Rollins will post 1.01 EPS for the current year.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Monday, August 12th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.31%. The ex-dividend date is Monday, August 12th. Rollins’s payout ratio is 67.42%.

Insider Buying and Selling

In other Rollins news, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the business’s stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $47.20, for a total value of $566,400.00. Following the completion of the sale, the chief executive officer now owns 288,671 shares in the company, valued at $13,625,271.20. The sale was disclosed in a document filed with the SEC, which is available through this link. In other Rollins news, CFO Kenneth D. Krause sold 3,331 shares of the business’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $47.50, for a total value of $158,222.50. Following the completion of the sale, the chief financial officer now owns 90,747 shares in the company, valued at $4,310,482.50. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Jerry Jr. Gahlhoff sold 12,000 shares of the business’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $47.20, for a total value of $566,400.00. Following the completion of the sale, the chief executive officer now owns 288,671 shares of the company’s stock, valued at approximately $13,625,271.20. The disclosure for this sale can be found here. 4.69% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Significant Wealth Partners LLC acquired a new position in shares of Rollins in the second quarter valued at approximately $202,000. Strategic Blueprint LLC grew its holdings in Rollins by 3.4% during the second quarter. Strategic Blueprint LLC now owns 38,826 shares of the business services provider’s stock worth $1,894,000 after acquiring an additional 1,265 shares during the period. Conestoga Capital Advisors LLC grew its holdings in Rollins by 17.4% during the second quarter. Conestoga Capital Advisors LLC now owns 1,002,275 shares of the business services provider’s stock worth $48,901,000 after acquiring an additional 148,350 shares during the period. Crew Capital Management Ltd. grew its holdings in Rollins by 18.4% during the second quarter. Crew Capital Management Ltd. now owns 19,153 shares of the business services provider’s stock worth $934,000 after acquiring an additional 2,975 shares during the period. Finally, State of Michigan Retirement System grew its holdings in Rollins by 0.4% during the second quarter. State of Michigan Retirement System now owns 82,658 shares of the business services provider’s stock worth $4,033,000 after acquiring an additional 300 shares during the period. Institutional investors and hedge funds own 51.79% of the company’s stock.

Rollins Company Profile

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.