Rollins (NYSE:ROL) Posts Earnings Results, Meets Expectations

Rollins (NYSE:ROL) announced its quarterly earnings data on Wednesday. The business services provider reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20, Briefing.com reports. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The business had revenue of $748.35 million during the quarter, compared to analysts’ expectations of $739.12 million. During the same period in the previous year, the firm earned $0.18 earnings per share. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year.

Rollins Stock Up 0.5 %

Shares of Rollins stock traded up $0.22 during trading on Wednesday, reaching $42.87. The stock had a trading volume of 4,031,701 shares, compared to its average volume of 1,955,611. The company has a market capitalization of $20.77 billion, a price-to-earnings ratio of 48.61, a P/E/G ratio of 3.35 and a beta of 0.63. The stock has a fifty day moving average price of $44.44 and a two-hundred day moving average price of $42.03. Rollins has a 52 week low of $32.19 and a 52 week high of $47.45. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.42.

Rollins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, May 10th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.40%. Rollins’s dividend payout ratio (DPR) is 68.18%.

Insider Activity

In other news, insider Elizabeth B. Chandler sold 10,000 shares of the business’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total value of $410,500.00. Following the sale, the insider now directly owns 99,709 shares in the company, valued at $4,093,054.45. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CFO Kenneth D. Krause sold 5,000 shares of the company’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the sale, the chief financial officer now owns 99,078 shares in the company, valued at $4,575,422.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Elizabeth B. Chandler sold 10,000 shares of the company’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $41.05, for a total value of $410,500.00. Following the sale, the insider now owns 99,709 shares in the company, valued at approximately $4,093,054.45. The disclosure for this sale can be found here. Insiders have sold a total of 22,824 shares of company stock worth $994,558 over the last three months. Corporate insiders own 4.69% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. The Goldman Sachs Group assumed coverage on Rollins in a research note on Tuesday, January 2nd. They issued a “buy” rating and a $49.00 target price for the company. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research note on Thursday, February 15th. UBS Group reissued a “neutral” rating and issued a $49.00 target price on shares of Rollins in a research note on Monday, April 15th. Finally, StockNews.com raised Rollins from a “hold” rating to a “buy” rating in a research note on Wednesday, April 17th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.83.

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.