Rollins Inc. (NYSE:ROL) shares traded 1.09% higher at $36.11 on Wall Street last session.
In accordance with the data, 10 analysts cover Rollins Inc. (NYSE:ROL). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $52.00 and a low of $40.00, we find $45.00. Given the previous closing price of $35.72, this indicates a potential upside of 25.98 percent. ROL stock price is now -13.04% away from the 50-day moving average and -7.73% away from the 200-day moving average. The market capitalization of the company currently stands at $17.60B.
It has been rated a hold by 5 analysts and a buy by 4. Brokers who have rated the stock have averaged $45.33 as their price target over the next twelve months.
With the price target of $49, BofA Securities recently initiated with Buy rating for Rollins Inc. (NYSE: ROL).
In other news, Krause Kenneth D., EXEC. VP, CFO AND TREASURER sold 12,000 shares of the company’s stock on Jun 12. The stock was sold for $489,360 at an average price of $40.78. Upon completion of the transaction, the EXEC. VP, CFO AND TREASURER now directly owns 82,764 shares in the company, valued at $2.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 17, 10% Owner Rollins Timothy Curtis sold 17,982 shares of the business’s stock. A total of $744,827 was realized by selling the stock at an average price of $41.42. This leaves the insider owning 138,964 shares of the company worth $5.02 million. Insiders disposed of 15,997,511 shares of company stock worth roughly $577.67 million over the past 1 year. A total of 44.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ROL stock. A new stake in Rollins Inc. shares was purchased by ARDEVORA ASSET MANAGEMENT LLP during the first quarter worth $29,556,000. JUPITER ASSET MANAGEMENT LTD invested $9,796,000 in shares of ROL during the first quarter. In the first quarter, KBC GROUP NV acquired a new stake in Rollins Inc. valued at approximately $7,840,000. DUDLEY & SHANLEY, INC. acquired a new stake in ROL for approximately $5,278,000. ACADIAN ASSET MANAGEMENT LLC purchased a new stake in ROL valued at around $4,793,000 in the second quarter. In total, there are 835 active investors with 43.40% ownership of the company’s stock.
Rollins Inc. (NYSE: ROL) opened at $36.03 on Friday. During the past 12 months, Rollins Inc. has had a low of $34.20 and a high of $45.04. As of last week, the company has a debt-to-equity ratio of 0.25, a current ratio of 0.80, and a quick ratio of 0.70. According to the stock market information, the enterprise value for the company is $17.95B, which is based on a 45.14 price-to-earnings ratio, a 3.18 price-to-earnings-growth ratio, and a beta of 0.67. The fifty day moving average price for ROL is $41.40 and a two-hundred day moving average price translates $39.10 for the stock.
The latest earnings results from Rollins Inc. (NYSE: ROL) was released for Jun, 2023. According to the Personal Services Company, earnings per share came in at $0.23, inline with analysts’ expectations of $0.23. This compares to $0.21 EPS in the same period last year. The net profit margin was 13.70% and return on equity was 31.00% for ROL. The company reported revenue of $820.75 million for the quarter, compared to $714.05 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.94 percent. For the current quarter, analysts expect ROL to generate $827.37M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 09/08/2023. Investors who held shares on 08/10/2023 were paid a $0.13 dividend. On an annualized basis, this represents a $0.52 dividend and a 1.44% percent yield. There was an ex-dividend date of 08/09/2023 for this dividend. In terms of dividend payout ratio, ROL is presently at 61.20%.
Rollins Inc.(ROL) 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. It also provides workplace pest control solutions for customers across various end markets, such as healthcare, foodservice, and logistics. In addition, the company offers termite protection services and ancillary services. It serves clients directly, as well as through franchisee operations. Rollins, Inc. was incorporated in 1948 and is headquartered in Atlanta, Georgia.
