Rollins (NYSE:ROL) Sets New 12-Month High - Should You Buy?

Shares of Rollins, Inc. (NYSE:ROL - Get Free Report) reached a new 52-week high on Thursday . The company traded as high as $53.94 and last traded at $53.75, with a volume of 411999 shares trading hands. The stock had previously closed at $53.05.

Wall Street Analyst Weigh In

ROL has been the subject of several analyst reports. UBS Group increased their target price on shares of Rollins from $52.00 to $53.00 and gave the stock a "neutral" rating in a report on Friday, January 17th. StockNews.com cut shares of Rollins from a "buy" rating to a "hold" rating in a research note on Wednesday, March 12th. Wells Fargo & Company raised their price target on Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a report on Monday, December 16th. Canaccord Genuity Group increased their target price on Rollins from $48.00 to $49.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $52.00 price objective on shares of Rollins in a report on Monday, January 6th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $52.00.

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Rollins Trading Up 1.9 %

The stock's 50 day moving average is $50.88 and its 200-day moving average is $49.56. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. The company has a market cap of $26.22 billion, a PE ratio of 56.31 and a beta of 0.78.

Rollins (NYSE:ROL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. Rollins had a return on equity of 37.94% and a net margin of 13.76%. As a group, sell-side analysts anticipate that Rollins, Inc. will post 1.09 EPS for the current year.

Rollins Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Tuesday, February 25th were issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Tuesday, February 25th. Rollins's payout ratio is currently 68.75%.

Insider Transactions at Rollins

In related news, insider Thomas D. Tesh sold 1,921 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $51.78, for a total value of $99,469.38. Following the transaction, the insider now owns 41,173 shares of the company's stock, valued at $2,131,937.94. This represents a 4.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Traci Hornfeck sold 3,224 shares of Rollins stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $53.10, for a total value of $171,194.40. Following the sale, the insider now directly owns 9,602 shares of the company's stock, valued at approximately $509,866.20. This trade represents a 25.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,338 shares of company stock worth $945,882. 4.47% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Rollins

Large investors have recently bought and sold shares of the business. Brooklyn Investment Group bought a new position in shares of Rollins in the 3rd quarter worth $28,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Rollins during the fourth quarter valued at about $29,000. Centricity Wealth Management LLC bought a new stake in shares of Rollins in the 4th quarter valued at about $31,000. Mizuho Bank Ltd. purchased a new position in shares of Rollins in the 4th quarter worth approximately $37,000. Finally, True Wealth Design LLC raised its stake in shares of Rollins by 4,272.2% during the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider's stock worth $40,000 after acquiring an additional 769 shares in the last quarter. Institutional investors own 51.79% of the company's stock.

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.