Rollins, Inc. (ROL) Expected to Announce Earnings of $0.15 Per Share

Brokerages forecast that Rollins, Inc. (NYSE:ROL) will report earnings per share of $0.15 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Rollins’ earnings, with estimates ranging from $0.14 to $0.15. Rollins also posted earnings of $0.15 per share in the same quarter last year. The business is scheduled to announce its next earnings results on Wednesday, April 24th.

On average, analysts expect that Rollins will report full year earnings of $0.79 per share for the current fiscal year, with EPS estimates ranging from $0.77 to $0.85. For the next fiscal year, analysts forecast that the business will post earnings of $0.86 per share, with EPS estimates ranging from $0.82 to $0.90. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Rollins.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, January 23rd. The business services provider reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.01). Rollins had a return on equity of 33.03% and a net margin of 12.72%. The business had revenue of $444.62 million for the quarter, compared to analyst estimates of $446.61 million. During the same quarter in the previous year, the company posted $0.10 EPS. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year.

ROL has been the subject of several recent research reports. Zacks Investment Research cut shares of Rollins from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 12th. Buckingham Research increased their target price on shares of Rollins from $33.33 to $37.33 and gave the stock a “neutral” rating in a report on Monday, October 29th. ValuEngine upgraded shares of Rollins from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 20th. William Blair restated a “buy” rating on shares of Rollins in a report on Friday, December 7th. Finally, Nomura restated a “buy” rating and set a $46.00 target price on shares of Rollins in a report on Monday, January 28th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $39.00.

Shares of ROL opened at $38.98 on Friday. Rollins has a 12 month low of $31.23 and a 12 month high of $42.95. The firm has a market cap of $12.76 billion, a P/E ratio of 54.90, a price-to-earnings-growth ratio of 4.84 and a beta of 0.47.

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 11th. Investors of record on Monday, February 11th will be issued a dividend of $0.105 per share. This is a boost from Rollins’s previous quarterly dividend of $0.09. The ex-dividend date is Friday, February 8th. This represents a $0.42 annualized dividend and a yield of 1.08%. Rollins’s dividend payout ratio is presently 59.15%.

A number of institutional investors and hedge funds have recently made changes to their positions in ROL. Proficio Capital Partners LLC lifted its stake in Rollins by 50.4% in the fourth quarter. Proficio Capital Partners LLC now owns 1,235 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 414 shares during the last quarter. Whittier Trust Co. lifted its stake in Rollins by 50.0% in the fourth quarter. Whittier Trust Co. now owns 1,419 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 473 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Rollins by 6.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 7,817 shares of the business services provider’s stock valued at $282,000 after acquiring an additional 477 shares during the last quarter. Capital Analysts LLC lifted its stake in Rollins by 1.1% in the third quarter. Capital Analysts LLC now owns 81,865 shares of the business services provider’s stock valued at $4,968,000 after acquiring an additional 889 shares during the last quarter. Finally, Rehmann Capital Advisory Group lifted its stake in Rollins by 49.8% in the fourth quarter. Rehmann Capital Advisory Group now owns 2,674 shares of the business services provider’s stock valued at $97,000 after acquiring an additional 889 shares during the last quarter. Institutional investors and hedge funds own 27.77% of the company’s stock.

About Rollins

Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.

See Also: Outstanding Shares, Buying and Selling Stocks

Get a free copy of the Zacks research report on Rollins (ROL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Rollins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rollins and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit