Exclusive: Is Buying 52-Week Stock Like Rollins, Inc. a Winning Strategy?

Exclusive: Is Buying 52 Week Stock Like Rollins, Inc. a Winning Strategy?

The stock of Rollins, Inc. (NYSE:ROL) hit a new 52-week high and has $35.23 target or 8.00% above today’s $32.62 share price. The 9 months bullish chart indicates low risk for the $7.16 billion company. The 1-year high was reported on Nov, 28 by Barchart.com. If the $35.23 price target is reached, the company will be worth $572.80M 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. The stock increased 0.12% or $0.04 on November 28, hitting $32.62. About 283,922 shares traded hands. Rollins, Inc. (NYSE:ROL) has risen 21.75% since April 25, 2016 and is uptrending. It has outperformed by 15.73% the S&P500.

Analysts await Rollins, Inc. (NYSE:ROL) to report earnings on January, 25. They expect $0.17 earnings per share, up 13.33% or $0.02 from last year’s $0.15 per share. ROL’s profit will be $37.31 million for 47.97 P/E if the $0.17 EPS becomes a reality. After $0.23 actual earnings per share reported by Rollins, Inc. for the previous quarter, Wall Street now forecasts -26.09% negative EPS growth.

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 stock of Rollins, Inc. (NYSE:ROL) earned “Buy” rating by Sidoti on Tuesday, January 12. Zacks upgraded the shares of ROL in a report on Thursday, August 20 to “Sell” rating. As per Tuesday, September 1, the company rating was downgraded by Zacks. Sidoti downgraded Rollins, Inc. (NYSE:ROL) on Monday, March 21 to “Neutral” rating.

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 1.19 in Q2 2016. Its down 0.01, from 1.2 in 2016Q1. The ratio is negative, 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.
Whittier Tru owns 946 shares or 0% of their US portfolio. Prudential holds 0% or 60,324 shares in its portfolio. The Minnesota-based Us Savings Bank De has invested 0.02% in Rollins, Inc. (NYSE:ROL). Bright Rock Management Llc has 0.43% invested in the company for 45,000 shares. State Of Wisconsin Invest Board last reported 0.01% of its portfolio in the stock. Northern Tru Corp holds 0.01% or 868,835 shares in its portfolio. S&Co Inc last reported 79,826 shares in the company. Sei Company last reported 0.01% of its portfolio in the stock. Bnp Paribas Arbitrage holds 0% or 37,082 shares in its portfolio. Rhumbline Advisers holds 0.02% or 234,028 shares in its portfolio. Guggenheim Cap last reported 172,487 shares in the company. Value Lp has invested 6.57% of its portfolio in Rollins, Inc. (NYSE:ROL). Wells Fargo Com Mn accumulated 0% or 100,785 shares. Envestnet Asset Mngmt Inc owns 162,294 shares or 0.02% of their US portfolio. Advantus last reported 11,389 shares in the company.

Insider Transactions: Since June 7, 2016, the stock had 0 insider purchases, and 2 selling transactions for $144,592 net activity. Iarocci Eugene A also sold $492 worth of Rollins, Inc. (NYSE:ROL) on Thursday, September 15.

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. Acquires Scientific Pest Management in Australia” published on August 31, 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 Two Critter Control Franchises” published on April 12, 2016 as well as Prnewswire.com‘s news article titled: “Rollins, Inc. Acquires Australian Based Murray Pest Control” with publication date: March 01, 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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