Stock Worth Mentioning: Could Rollins, Inc. Change Direction After Touching 52-Week High?

Stock Worth Mentioning: Could Rollins, Inc. Change Direction After Touching 52 Week High?

The stock of Rollins, Inc. (NYSE:ROL) hit a new 52-week high and has $43.29 target or 40.00% above today’s $30.92 share price. The 5 months bullish chart indicates low risk for the $6.74B company. The 1-year high was reported on Oct, 31 by Barchart.com. If the $43.29 price target is reached, the company will be worth $2.70 billion more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 90,344 shares traded hands. Rollins, Inc. (NYSE:ROL) has risen 10.92% since March 29, 2016 and is uptrending. It has outperformed by 7.45% the S&P500.

Rollins, Inc. (NYSE:ROL) Ratings Coverage

Out of 2 analysts covering Rollins (NYSE:ROL), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Rollins has been the topic of 4 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The firm earned “Sell” rating on Thursday, August 20 by Zacks. Sidoti upgraded the stock to “Buy” rating in Tuesday, January 12 report. The rating was downgraded by Sidoti to “Neutral” on Monday, March 21. On Tuesday, September 1 the stock rating was downgraded by Zacks to “Hold”.

According to Zacks Investment Research, “Rollins Inc. provides services to both residential and commercial customers. The four primary services provided are termite and pest control, protective services, lawn care and plantscaping. Orkin Exterminating Company, Inc., a wholly owned subsidiary (Orkin), is one of the world’s largest termite and pest control companies. Rollins Protective Services, a division of the Registrant, is a pioneer in developing customized wired and wireless electronic security systems.”

Insitutional Activity: The institutional sentiment decreased to 1.2 in Q2 2016. Its down 0.08, from 1.28 in 2016Q1. The ratio worsened, as 23 funds sold all Rollins, Inc. shares owned while 70 reduced positions. 20 funds bought stakes while 92 increased positions. They now own 76.86 million shares or 1.29% more from 75.88 million shares in 2016Q1.
Swiss Bank has 164,650 shares for 0.01% of their US portfolio. S Muoio & Ltd Liability Corporation has invested 0.1% of its portfolio in Rollins, Inc. (NYSE:ROL). Huntington Fincl Bank has 7,808 shares for 0% of their US portfolio. Tompkins Corp last reported 82 shares in the company. Moreover, Argentus Cap Lc has 0% invested in Rollins, Inc. (NYSE:ROL) for 261 shares. First Tru Advsrs L P has 0.01% invested in the company for 113,802 shares. Legal & General Grp Inc Public Limited Company has 0% invested in the company for 13,954 shares. Cibc Asset Mngmt Inc holds 0% or 6,967 shares in its portfolio. Teachers Advisors accumulated 501,737 shares or 0.03% of the stock. Marco Mngmt Ltd Liability Corporation holds 0.06% of its portfolio in Rollins, Inc. (NYSE:ROL) for 11,850 shares. Qs Invsts reported 12 shares or 0% of all its holdings. The California-based Wells Fargo Mn has invested 0% in Rollins, Inc. (NYSE:ROL). Autus Asset Ltd holds 235,721 shares or 1.57% of its portfolio. Fuller & Thaler Asset Inc has 0% invested in the company for 2,075 shares. Ftb Advsrs Incorporated, a Tennessee-based fund reported 113 shares.

Insider Transactions: Since June 7, 2016, the stock had 0 buys, and 2 selling transactions for $144,592 net activity. The insider Iarocci Eugene A sold 17 shares worth $492.

More notable recent Rollins, Inc. (NYSE:ROL) news were published by: Prnewswire.com which released: “Rollins, Inc. Reports Record Third Quarter And Nine Months 2016 Financial Results” on October 26, 2016, also Prnewswire.com with their article: “Rollins, Inc. Schedules Date for Release of Third Quarter and Nine Months 2016 …” published on October 04, 2016, Prnewswire.com published: “Rollins, Inc. Announces Operational Leadership Changes” on July 27, 2016. More interesting news about Rollins, Inc. (NYSE:ROL) were released by: Prnewswire.com and their article: “Rollins, Inc. Acquires Scientific Pest Management in Australia” published on August 31, 2016 as well as Prnewswire.com‘s news article titled: “Rollins, Inc. Reports First Quarter 2016 Financial Results” with publication date: April 27, 2016.

ROL Company Profile

Rollins, Inc., incorporated on February 24, 1948, is a service company, which provides pest and termite control services. The Firm operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial clients in North America and Australia with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, and Mexico. The Company’s subsidiaries include Orkin LLC. (Orkin), Western Pest Services (Western), The Industrial Fumigant Company, LLC (IFC), HomeTeam Pest Defense (HomeTeam), Rollins Australia (Rollins Australia) and Rollins Wildlife Services.

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