Rollins (NYSE:ROL) Announces Quarterly Earnings Results, Meets Estimates

Rollins (NYSE:ROL) posted its quarterly earnings results on Wednesday. The business services provider reported $0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.20, Briefing.com reports. The company had revenue of $748.35 million during the quarter, compared to analyst estimates of $739.12 million. Rollins had a net margin of 13.94% and a return on equity of 37.73%. Rollins’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period last year, the firm posted $0.18 EPS.

Rollins Stock Performance

Shares of ROL stock opened at $44.90 on Friday. The stock’s 50-day moving average is $44.54 and its two-hundred day moving average is $42.11. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.65 and a current ratio of 0.72. Rollins has a 1 year low of $32.19 and a 1 year high of $47.45. The firm has a market cap of $21.76 billion, a price-to-earnings ratio of 50.45, a PEG ratio of 3.48 and a beta of 0.63.

Rollins Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be given a $0.15 dividend. The ex-dividend date is Thursday, May 9th. This represents a $0.60 dividend on an annualized basis and a yield of 1.34%. Rollins’s dividend payout ratio (DPR) is presently 67.42%.

Insider Activity

In related news, CFO Kenneth D. Krause sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the transaction, the chief financial officer now owns 99,078 shares in the company, valued at approximately $4,575,422.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the sale, the chief financial officer now directly owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Traci Hornfeck sold 2,677 shares of the firm’s stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $43.48, for a total transaction of $116,395.96. Following the transaction, the insider now owns 14,376 shares in the company, valued at $625,068.48. The disclosure for this sale can be found here. In the last three months, insiders sold 22,824 shares of company stock valued at $994,558. Insiders own 4.69% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on ROL. Morgan Stanley raised their price target on shares of Rollins from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Friday. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Thursday, February 15th. UBS Group restated a “neutral” rating and issued a $49.00 price target on shares of Rollins in a research note on Monday, April 15th. The Goldman Sachs Group initiated coverage on shares of Rollins in a report on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 price objective on the stock. Finally, StockNews.com cut shares of Rollins from a “buy” rating to a “hold” rating in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

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.