Rollins Inc. (ROL) has recently witnessed a flurry of activities such as initiation coverage by
Wells Fargo with an overweight recommendation and strong Q2 earnings estimates. The company also announced regular quarterly cash dividends and is poised well to present at several upcoming investor conferences. This has led to multiple investment management firms, including
Kayne Anderson Rudnick and
Thoroughbred Financial Services, significantly increasing their holdings in the company. ROL's stock has outperformed competitors on several trading days, reaching a new 12-month high at $51.51. However, the stock also saw underperformance on certain trading days, leading to moderate buy recommendations from analysts. Company's Q2 earnings results revealed revenues lining up with expectations. Rollins saw
strong momentum and growth, prompting claims of the company having a rock-solid balance sheet. The insider sale by
Kenneth Krause did make news, but the company marched on, reporting impressive results for Q2 2024 and Q1 2024. The balance between high-quality business and stock price being overvalued has stirred discussions, with some analysts hinting at the possibility of the price getting ahead of itself.
Rollins ROL News Analytics from Tue, 18 Aug 2020 16:34:25 GMT to Sun, 22 Sep 2024 15:10:10 GMT -
Rating 7
- Innovation 3
- Information 5
- Rumor 2
