Rollins (NYSE:ROL) Upgraded to “Buy” at StockNews.com

Rollins (NYSE:ROL) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

ROL has been the topic of several other research reports. Canaccord Genuity Group boosted their price target on shares of Rollins from $48.00 to $49.00 and gave the company a “hold” rating in a research report on Friday, February 14th. Barclays initiated coverage on shares of Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price objective for the company. UBS Group increased their target price on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Morgan Stanley lifted their price target on Rollins from $48.00 to $50.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $52.00 price objective on shares of Rollins in a report on Monday, January 6th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $52.00.

Rollins Stock Performance

NYSE:ROL opened at $51.32 on Wednesday. The company has a market capitalization of $24.85 billion, a P/E ratio of 53.45 and a beta of 0.76. The business has a fifty day simple moving average of $48.23 and a two-hundred day simple moving average of $49.08. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.69 and a quick ratio of 0.62. Rollins has a 1 year low of $40.88 and a 1 year high of $52.83.

Rollins (NYSE:ROL) last announced 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%. On average, analysts expect that Rollins will post 1.09 earnings per share for the current year.

Hedge Funds Weigh In On Rollins

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Brooklyn Investment Group purchased a new stake in shares of Rollins in the 3rd quarter valued at about $28,000. Murphy & Mullick Capital Management Corp bought a new position in shares of Rollins in the fourth quarter worth approximately $29,000. Centricity Wealth Management LLC bought a new stake in Rollins during the fourth quarter valued at approximately $31,000. Mizuho Bank Ltd. bought a new stake in Rollins during the fourth quarter valued at approximately $37,000. Finally, True Wealth Design LLC grew its stake in Rollins by 4,272.2% in the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after buying an additional 769 shares in the last quarter. 51.79% of the stock is currently owned by hedge funds and other institutional investors.

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.