Equities analysts forecast that Servicemaster Global Holdings Inc (NYSE:SERV) will post earnings per share of $0.76 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Servicemaster Global’s earnings, with the highest EPS estimate coming in at $0.79 and the lowest estimate coming in at $0.73. Servicemaster Global posted earnings of $0.73 per share in the same quarter last year, which indicates a positive year over year growth rate of 4.1%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, October 30th.

According to Zacks, analysts expect that Servicemaster Global will report full-year earnings of $2.38 per share for the current fiscal year, with EPS estimates ranging from $2.20 to $2.50. For the next year, analysts forecast that the business will report earnings of $2.58 per share, with EPS estimates ranging from $1.56 to $2.86. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Servicemaster Global.

Servicemaster Global (NYSE:SERV) last issued its quarterly earnings data on Tuesday, July 17th. The business services provider reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.05). The business had revenue of $874.00 million for the quarter, compared to the consensus estimate of $860.00 million. Servicemaster Global had a net margin of 17.33% and a return on equity of 27.27%.

Several equities analysts recently weighed in on the stock. Buckingham Research set a $47.00 price objective on shares of Servicemaster Global and gave the company a “buy” rating in a research report on Thursday, September 13th. Morgan Stanley set a $61.00 price objective on shares of Servicemaster Global and gave the company a “buy” rating in a research report on Thursday, September 13th. Gabelli initiated coverage on shares of Servicemaster Global in a research report on Thursday, July 12th. They set a “buy” rating on the stock. William Blair reiterated a “buy” rating on shares of Servicemaster Global in a report on Tuesday, September 11th. Finally, Nomura reiterated a “$57.21” rating and set a $70.00 price target on shares of Servicemaster Global in a report on Wednesday, July 18th. Two analysts have rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the company’s stock. Servicemaster Global has an average rating of “Buy” and a consensus price target of $58.10.

Shares of SERV opened at $59.71 on Tuesday. The company has a market cap of $8.19 billion, a P/E ratio of 28.30, a price-to-earnings-growth ratio of 2.13 and a beta of 0.92. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.97 and a current ratio of 1.03. Servicemaster Global has a twelve month low of $43.75 and a twelve month high of $62.27.

A number of hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp grew its holdings in Servicemaster Global by 3.5% during the second quarter. Bank of New York Mellon Corp now owns 556,773 shares of the business services provider’s stock valued at $33,111,000 after purchasing an additional 18,642 shares during the last quarter. Schroder Investment Management Group grew its holdings in Servicemaster Global by 4.1% during the second quarter. Schroder Investment Management Group now owns 2,102,802 shares of the business services provider’s stock valued at $126,000,000 after purchasing an additional 82,774 shares during the last quarter. Davidson Kempner Capital Management LP grew its stake in shares of Servicemaster Global by 67.9% in the second quarter. Davidson Kempner Capital Management LP now owns 1,175,000 shares of the business services provider’s stock worth $69,877,000 after acquiring an additional 475,000 shares during the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new stake in shares of Servicemaster Global in the second quarter worth $146,000. Finally, Castleark Management LLC acquired a new stake in shares of Servicemaster Global in the second quarter worth $6,075,000.

About Servicemaster Global

ServiceMaster Global Holdings, Inc provides residential and commercial services in the United States. The company operates through three segments: Terminix, American Home Shield, and the Franchise Services Group. The Terminix segment offers termite and pest control services, including termite remediation, annual termite inspection, and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.

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