Rollins (ROL) Set to Announce Earnings on Wednesday

Rollins (NYSE:ROL) is scheduled to post its quarterly earnings results after the market closes on Wednesday, October 23rd. Analysts expect Rollins to post earnings of $0.30 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Rollins (NYSE:ROL) last posted its quarterly earnings results on Wednesday, July 24th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.27. Rollins had a net margin of 14.23% and a return on equity of 40.10%. The firm had revenue of $891.90 million for the quarter, compared to analyst estimates of $895.02 million. During the same period in the prior year, the firm posted $0.23 earnings per share. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. On average, analysts expect Rollins to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Rollins Stock Performance

NYSE ROL opened at $49.84 on Tuesday. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.41. The firm’s fifty day moving average price is $49.93 and its two-hundred day moving average price is $48.09. Rollins has a 1 year low of $32.91 and a 1 year high of $51.96. The firm has a market capitalization of $24.14 billion, a P/E ratio of 53.02 and a beta of 0.70.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ROL. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research report on Thursday, July 25th. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. Finally, Wells Fargo & Company increased their price objective on shares of Rollins from $54.00 to $56.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Rollins has an average rating of “Moderate Buy” and a consensus target price of $49.80.

Insider Activity at Rollins

In related news, insider Elizabeth B. Chandler sold 4,685 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $50.49, for a total value of $236,545.65. Following the transaction, the insider now directly owns 84,653 shares in the company, valued at approximately $4,274,129.97. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Rollins news, insider Elizabeth B. Chandler sold 4,686 shares of the stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $47.82, for a total transaction of $224,084.52. Following the sale, the insider now directly owns 95,023 shares in the company, valued at $4,543,999.86. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $50.49, for a total transaction of $236,545.65. Following the sale, the insider now owns 84,653 shares in the company, valued at $4,274,129.97. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 14,056 shares of company stock worth $698,347. Corporate insiders own 4.69% of the company’s stock.

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.