Rollins, Inc. (NYSE:ROL) Expected to Post Earnings of $0.22 Per Share

Analysts forecast that Rollins, Inc. (NYSE:ROL) will announce $0.22 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Rollins’ earnings, with the lowest EPS estimate coming in at $0.20 and the highest estimate coming in at $0.24. Rollins posted earnings per share of $0.21 in the same quarter last year, which would indicate a positive year-over-year growth rate of 4.8%. The firm is expected to announce its next earnings results on Wednesday, October 23rd.

According to Zacks, analysts expect that Rollins will report full year earnings of $0.72 per share for the current fiscal year, with EPS estimates ranging from $0.70 to $0.74. For the next fiscal year, analysts anticipate that the business will report earnings of $0.79 per share, with EPS estimates ranging from $0.78 to $0.80. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow Rollins.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, July 24th. The business services provider reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. Rollins had a net margin of 11.99% and a return on equity of 31.43%. The business had revenue of $524.00 million during the quarter, compared to analyst estimates of $523.88 million. During the same quarter in the previous year, the business posted $0.30 EPS. The company’s quarterly revenue was up 9.1% compared to the same quarter last year.

Several research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Rollins from a “sell” rating to a “hold” rating and set a $37.00 price objective for the company in a research note on Monday, July 29th. Stifel Nicolaus lowered shares of Rollins from a “hold” rating to a “sell” rating and reduced their price objective for the stock from $36.50 to $25.00 in a research note on Wednesday, June 26th. Nomura reduced their price objective on shares of Rollins from $46.00 to $43.00 and set a “buy” rating for the company in a research note on Tuesday, April 30th. ValuEngine upgraded shares of Rollins from a “hold” rating to a “buy” rating in a research note on Tuesday, April 23rd. Finally, Macquarie assumed coverage on shares of Rollins in a research note on Monday, April 29th. They set a “neutral” rating and a $38.90 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $35.87.

Shares of NYSE ROL traded up $0.20 during trading hours on Monday, hitting $33.25. 1,075,700 shares of the stock were exchanged, compared to its average volume of 1,361,531. The company has a quick ratio of 0.73, a current ratio of 0.77 and a debt-to-equity ratio of 0.45. The company has a market cap of $10.66 billion, a PE ratio of 46.83 and a beta of 0.35. The firm has a fifty day moving average price of $35.18 and a 200-day moving average price of $38.12. Rollins has a 12 month low of $31.81 and a 12 month high of $43.91.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Friday, August 9th will be paid a dividend of $0.105 per share. The ex-dividend date of this dividend is Thursday, August 8th. This represents a $0.42 annualized dividend and a dividend yield of 1.26%. Rollins’s dividend payout ratio (DPR) is presently 59.15%.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Icon Wealth Partners LLC purchased a new stake in Rollins during the 1st quarter worth approximately $39,000. Citizens Financial Group Inc RI purchased a new stake in Rollins during the 1st quarter worth approximately $52,000. CWM LLC grew its position in Rollins by 782.7% during the 2nd quarter. CWM LLC now owns 1,324 shares of the business services provider’s stock worth $47,000 after purchasing an additional 1,174 shares during the last quarter. Tompkins Financial Corp grew its position in Rollins by 1,490.6% during the 2nd quarter. Tompkins Financial Corp now owns 1,527 shares of the business services provider’s stock worth $55,000 after purchasing an additional 1,431 shares during the last quarter. Finally, CSat Investment Advisory L.P. grew its position in Rollins by 70.6% during the 2nd quarter. CSat Investment Advisory L.P. now owns 2,074 shares of the business services provider’s stock worth $75,000 after purchasing an additional 858 shares during the last quarter. Hedge funds and other institutional investors own 40.64% of the company’s stock.

Rollins Company Profile

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.

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Earnings History and Estimates for Rollins (NYSE:ROL)

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