Rollins (NYSE:ROL) Stock Rating Upgraded by StockNews.com

Rollins (NYSE:ROL) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday.

Several other research analysts have also weighed in on the stock. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research note on Thursday, July 25th. Wells Fargo & Company began coverage on shares of Rollins in a research note on Monday, August 12th. They issued an “overweight” rating and a $54.00 price objective for the company. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $47.83.

Rollins Stock Down 1.3 %

Rollins stock opened at $49.73 on Wednesday. The firm has a market cap of $24.08 billion, a PE ratio of 55.88 and a beta of 0.70. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.72 and a current ratio of 0.78. The firm’s 50 day moving average price is $49.44 and its two-hundred day moving average price is $47.78. Rollins has a twelve month low of $32.19 and a twelve month high of $51.96.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, July 24th. The business services provider reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. The firm had revenue of $891.90 million for the quarter, compared to analyst estimates of $895.02 million. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.23 EPS. On average, research analysts predict that Rollins will post 1 EPS for the current fiscal year.

Insider Activity at Rollins

In related news, insider Elizabeth B. Chandler sold 4,685 shares of the firm’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 value of $237,716.90. Following the transaction, the insider now directly owns 89,338 shares of the company’s stock, valued at approximately $4,533,010.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $50.74, for a total value of $237,716.90. Following the transaction, the insider now directly owns 89,338 shares of the company’s stock, valued at approximately $4,533,010.12. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Elizabeth B. Chandler sold 4,686 shares of Rollins stock in a transaction that occurred on Thursday, August 1st. The stock was 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 directly owns 95,023 shares in the company, valued at $4,543,999.86. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 14,056 shares of company stock valued at $698,347. Corporate insiders own 4.69% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ROL. Quest Partners LLC bought a new position in Rollins in the 2nd quarter worth approximately $33,000. Ridgewood Investments LLC bought a new position in Rollins in the 2nd quarter worth approximately $34,000. Quent Capital LLC increased its position in shares of Rollins by 43.9% during the second quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 236 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in shares of Rollins by 10,233.3% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 930 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 921 shares during the period. Finally, Blue Trust Inc. increased its position in shares of Rollins by 114.2% during the second quarter. Blue Trust Inc. now owns 1,604 shares of the business services provider’s stock valued at $74,000 after purchasing an additional 855 shares during the period. 51.79% of the stock is owned by institutional investors.

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.