Rollins Inc. (NYSE:ROL) shares reached a new 52-week high and low during mid-day trading on Tuesday . The stock traded as low as $53.37 and last traded at $53.46, with a volume of 424311 shares changing hands. The stock had previously closed at $52.64.
Several research analysts have recently issued reports on ROL shares. Zacks Investment Research raised Rollins from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a research note on Saturday, January 27th. William Blair started coverage on Rollins in a research note on Monday, January 29th. They issued an “outperform” rating for the company. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $47.67.
The company has a market cap of $11,486.57, a PE ratio of 61.67 and a beta of 0.22.
Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, January 24th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.01. Rollins had a return on equity of 29.76% and a net margin of 10.70%. The company had revenue of $414.70 million during the quarter, compared to the consensus estimate of $412.08 million. During the same quarter in the prior year, the firm posted $0.17 earnings per share. The firm’s revenue was up 7.5% compared to the same quarter last year. equities analysts anticipate that Rollins Inc. will post 1.13 EPS for the current year.
In other Rollins news, COO John F. Wilson sold 20,000 shares of the stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $50.09, for a total transaction of $1,001,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 55.80% of the company’s stock.
Large investors have recently added to or reduced their stakes in the business. Wells Fargo & Company MN increased its position in Rollins by 34.3% during the 3rd quarter. Wells Fargo & Company MN now owns 155,766 shares of the business services provider’s stock valued at $7,187,000 after purchasing an additional 39,813 shares during the period. California Public Employees Retirement System increased its position in Rollins by 4.2% during the 4th quarter. California Public Employees Retirement System now owns 361,193 shares of the business services provider’s stock valued at $16,806,000 after purchasing an additional 14,606 shares during the period. Ladenburg Thalmann Financial Services Inc. increased its position in Rollins by 113.1% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,323 shares of the business services provider’s stock valued at $384,000 after purchasing an additional 4,417 shares during the period. OxFORD Asset Management LLP acquired a new stake in Rollins during the 3rd quarter valued at approximately $521,000. Finally, New Mexico Educational Retirement Board acquired a new stake in Rollins during the 4th quarter valued at approximately $1,103,000. 38.14% of the stock is owned by institutional investors and hedge funds.
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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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