Rollins Inc. (NYSE:ROL) – Investment analysts at William Blair lowered their Q1 2018 earnings per share (EPS) estimates for shares of Rollins in a research report issued to clients and investors on Thursday, April 19th. William Blair analyst T. Mulrooney now anticipates that the business services provider will post earnings per share of $0.22 for the quarter, down from their previous estimate of $0.23. William Blair currently has a “Outperform” rating on the stock. William Blair also issued estimates for Rollins’ Q2 2018 earnings at $0.31 EPS, FY2018 earnings at $1.10 EPS and FY2019 earnings at $1.18 EPS.
Separately, Zacks Investment Research upgraded Rollins from a “hold” rating to a “buy” rating and set a $57.00 price target for the company in a report on Saturday, January 27th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $47.67.
Shares of NYSE ROL opened at $52.16 on Friday. Rollins has a twelve month low of $37.25 and a twelve month high of $54.25. The company has a market capitalization of $11,706.96, a PE ratio of 59.95 and a beta of 0.22.
Rollins (NYSE:ROL) last posted its quarterly earnings data on Wednesday, January 24th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, topping the 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 for the quarter, compared to the consensus estimate of $412.08 million. During the same period in the previous year, the business earned $0.17 EPS. Rollins’s revenue for the quarter was up 7.5% compared to the same quarter last year.
In other news, COO John F. Wilson sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $50.09, for a total value of $1,001,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 56.30% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently modified their holdings of ROL. Wolverine Asset Management LLC bought a new stake in shares of Rollins in the 4th quarter valued at approximately $104,000. First Manhattan Co. bought a new stake in shares of Rollins in the 4th quarter valued at approximately $185,000. M&T Bank Corp bought a new stake in shares of Rollins in the 4th quarter valued at approximately $206,000. Balentine LLC bought a new stake in shares of Rollins in the 4th quarter valued at approximately $206,000. Finally, Jane Street Group LLC bought a new stake in shares of Rollins in the 4th quarter valued at approximately $223,000. Institutional investors and hedge funds own 38.14% of the company’s stock.
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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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