Rollins (NYSE:ROL - Get Free Report) had its target price boosted by analysts at Canaccord Genuity Group from $48.00 to $49.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a "hold" rating on the business services provider's stock. Canaccord Genuity Group's price target indicates a potential downside of 1.91% from the stock's current price.
A number of other research firms also recently weighed in on ROL. Royal Bank of Canada reissued an "outperform" rating and set a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Morgan Stanley upped their target price on shares of Rollins from $46.00 to $48.00 and gave the company an "equal weight" rating in a research note on Thursday, December 12th. Barclays assumed coverage on shares of Rollins in a research note on Monday, November 4th. They issued an "equal weight" rating and a $50.00 target price for the company. Wells Fargo & Company upped their target price on shares of Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a research note on Monday, December 16th. Finally, UBS Group upped their target price on shares of Rollins from $52.00 to $53.00 and gave the company a "neutral" rating in a research note on Friday, January 17th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, Rollins has a consensus rating of "Hold" and an average target price of $52.00.
Get Our Latest Report on ROL
Rollins Trading Down 1.5 %
Shares of ROL traded down $0.78 on Friday, reaching $49.96. 1,831,529 shares of the company's stock were exchanged, compared to its average volume of 1,767,807. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $24.19 billion, a P/E ratio of 52.04 and a beta of 0.76. The business has a 50 day moving average price of $48.13 and a two-hundred day moving average price of $49.04. Rollins has a 12 month low of $40.76 and a 12 month high of $52.83.
Rollins (NYSE:ROL - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, hitting analysts' consensus estimates of $0.23. Rollins had a net margin of 14.18% and a return on equity of 38.67%. Research analysts anticipate that Rollins will post 0.99 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in ROL. Norges Bank acquired a new position in shares of Rollins in the fourth quarter valued at approximately $176,784,000. Marshall Wace LLP boosted its holdings in shares of Rollins by 389.2% in the fourth quarter. Marshall Wace LLP now owns 2,770,131 shares of the business services provider's stock valued at $128,396,000 after buying an additional 2,203,859 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Rollins in the fourth quarter valued at approximately $74,249,000. Geode Capital Management LLC boosted its holdings in shares of Rollins by 17.6% in the fourth quarter. Geode Capital Management LLC now owns 8,557,923 shares of the business services provider's stock valued at $395,819,000 after buying an additional 1,282,508 shares during the period. Finally, Montrusco Bolton Investments Inc. boosted its holdings in shares of Rollins by 14.0% in the third quarter. Montrusco Bolton Investments Inc. now owns 9,397,497 shares of the business services provider's stock valued at $465,503,000 after buying an additional 1,154,722 shares during the period. Institutional investors and hedge funds own 51.79% of the company's stock.
About Rollins
(
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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.
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