Rollins (NYSE:ROL) Receives Outperform Rating from Royal Bank of Canada

Rollins (NYSE:ROL - Get Free Report)'s stock had its "outperform" rating reaffirmed by equities research analysts at Royal Bank of Canada in a research note issued on Monday,Benzinga reports. They currently have a $52.00 price target on the business services provider's stock. Royal Bank of Canada's price target points to a potential upside of 13.96% from the stock's previous close.

A number of other research analysts have also recently issued reports on the company. StockNews.com raised Rollins from a "hold" rating to a "buy" rating in a research note on Friday, December 27th. Wells Fargo & Company boosted their price objective on Rollins from $56.00 to $58.00 and gave the company an "overweight" rating in a research report on Monday, December 16th. Morgan Stanley lifted their price target 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. Finally, Barclays initiated coverage on shares of Rollins in a report on Monday, November 4th. They issued an "equal weight" rating and a $50.00 price target for the company. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $51.40.

Rollins Trading Down 1.2 %

Shares of ROL stock traded down $0.54 on Monday, reaching $45.63. The company had a trading volume of 1,021,509 shares, compared to its average volume of 1,116,136. The stock has a market cap of $22.10 billion, a PE ratio of 47.53 and a beta of 0.75. The company has a 50-day moving average of $48.62 and a 200-day moving average of $49.11. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.34. Rollins has a 12 month low of $40.41 and a 12 month high of $52.16.

Rollins (NYSE:ROL - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). Rollins had a return on equity of 38.67% and a net margin of 14.18%. The firm had revenue of $916.27 million during the quarter, compared to analyst estimates of $911.15 million. During the same quarter last year, the business posted $0.28 earnings per share. The company's revenue for the quarter was up 9.0% on a year-over-year basis. On average, equities analysts forecast that Rollins will post 0.99 earnings per share for the current year.

Insider Transactions at Rollins

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of Rollins stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $49.88, for a total value of $735,730.00. Following the sale, the insider now owns 124,214 shares of the company's stock, valued at approximately $6,195,794.32. The trade was a 10.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.69% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ROL. National Bank of Canada FI increased its holdings in Rollins by 24.4% during the second quarter. National Bank of Canada FI now owns 77,533 shares of the business services provider's stock worth $3,746,000 after buying an additional 15,187 shares during the last quarter. Acadian Asset Management LLC raised its holdings in shares of Rollins by 1,384.9% in the 2nd quarter. Acadian Asset Management LLC now owns 11,998 shares of the business services provider's stock valued at $584,000 after purchasing an additional 11,190 shares during the period. Quest Partners LLC acquired a new stake in Rollins in the 2nd quarter valued at about $33,000. Choreo LLC bought a new position in Rollins during the second quarter worth about $451,000. Finally, Royal London Asset Management Ltd. increased its position in Rollins by 16.8% during the second quarter. Royal London Asset Management Ltd. now owns 125,121 shares of the business services provider's stock worth $6,105,000 after buying an additional 18,020 shares during the last quarter. 51.79% of the stock is currently owned by institutional investors.

About Rollins

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.