In a report released today, Michael E. Hoffman from Stifel Nicolaus assigned a Buy rating to Rollins (ROL – Research Report), with a price target of $54.00. The company’s shares closed yesterday at $46.79.
E. Hoffman covers the Industrials sector, focusing on stocks such as Clean Harbors, Stericycle, and GFL Environmental. According to TipRanks, E. Hoffman has an average return of 11.3% and a 59.83% success rate on recommended stocks.
Currently, the analyst consensus on Rollins is a Moderate Buy with an average price target of $50.43, a 7.78% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $54.00 price target.
Based on Rollins’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $754.09 million and a net profit of $108.8 million. In comparison, last year the company earned a revenue of $661.39 million and had a net profit of $84.27 million
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ROL in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Rollins (ROL) Company Description:
Rollins, Inc. engages in the provision of pest and termite control services through its wholly-owned subsidiaries to both residential and commercial customers in North America, Australia, and Europe. Its subsidiaries include Orkin, LLC, Orkin Canada, Western Pest Services, The Industrial Fumigant Company, HomeTeam Pest Defense, Rollins Australia, Rollins Wildlife Services, and Rollins UK. The company was founded by John W. Rollins and O. Wayne Rollins Sr. in 1948 and is headquartered in Atlanta, GA.
