Rollins (ROL) Earns “Buy” Rating from William Blair
Rollins (NYSE:ROL)‘s stock had its “buy” rating reiterated by equities research analysts at William Blair in a research report issued on Friday.
ROL has been the subject of a number of other reports. Stifel Nicolaus reaffirmed a “hold” rating and issued a $55.00 target price (up from $50.00) on shares of Rollins in a report on Sunday, August 12th. Zacks Investment Research raised shares of Rollins from a “sell” rating to a “hold” rating in a report on Saturday, August 25th. Gabelli started coverage on shares of Rollins in a report on Monday, September 17th. They issued a “hold” rating and a $51.00 target price for the company. Buckingham Research upped their target price on shares of Rollins from $50.00 to $56.00 and gave the company a “neutral” rating in a report on Monday, October 29th. Finally, ValuEngine raised shares of Rollins from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 20th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $55.80.
ROL traded down $0.44 on Friday, reaching $58.51. The company had a trading volume of 6,355 shares, compared to its average volume of 867,004. Rollins has a 1 year low of $44.71 and a 1 year high of $64.42. The stock has a market cap of $13.64 billion, a PE ratio of 67.45, a price-to-earnings-growth ratio of 5.82 and a beta of 0.31.
Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, October 24th. The business services provider reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. Rollins had a net margin of 11.97% and a return on equity of 32.90%. The firm had revenue of $487.70 million during the quarter, compared to analysts’ expectations of $489.64 million. During the same period in the previous year, the company earned $0.24 earnings per share. Rollins’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, analysts anticipate that Rollins will post 1.09 earnings per share for the current fiscal year.
Large investors have recently made changes to their positions in the company. Chevy Chase Trust Holdings Inc. purchased a new stake in shares of Rollins in the third quarter valued at about $117,000. Fort L.P. acquired a new position in shares of Rollins during the second quarter worth about $122,000. Flagship Harbor Advisors LLC acquired a new position in shares of Rollins during the second quarter worth about $174,000. Jefferies Group LLC acquired a new position in shares of Rollins during the third quarter worth about $206,000. Finally, BB&T Corp acquired a new position in shares of Rollins during the third quarter worth about $207,000. 38.93% of the stock is owned by institutional investors and hedge funds.
Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.
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