Rollins Inc stock soars to all-time high of $52.88

In a remarkable display of market resilience, Rollins Inc (NYSE:ROL) stock has achieved an all-time high, reaching a price level of $52.88, with a market capitalization of $25.6 billion. According to InvestingPro analysis, the stock is currently trading above its Fair Value, with impressive gross profit margins of nearly 53%. This peak represents a significant milestone for the company, underscoring a period of robust performance despite the challenging economic climate. Over the past year, Rollins Inc has witnessed an impressive 20.6% total return, while maintaining 22 consecutive years of dividend increases. The achievement of this all-time high serves as a beacon for potential investors, signaling the company’s potential for sustained success in the market. InvestingPro maintains a GREAT overall financial health score, with 18 additional key insights available to subscribers.

In other recent news, Rollins Inc. reported its fourth-quarter 2024 earnings, revealing a revenue of $832 million, which exceeded analyst forecasts of $815.99 million. The company met expectations with an earnings per share of $0.23. Rollins’ full-year revenue grew by 10.3% to $3.4 billion, supported by strong demand across its service offerings and 44 acquisition deals completed during the year. Operating cash flow stood at $688 million, with free cash flow increasing by 15.17%. In another development, Rollins issued $500 million in senior unsecured notes, with the proceeds primarily intended to repay borrowings under its credit facility. The notes, due in 2035, carry an interest rate of 5.25% per annum. Jefferies recently raised Rollins’ stock price target to $48, maintaining a Hold rating, following the company’s strong quarterly performance. The firm cited the increasing productivity of new sales personnel and a diversified approach to customer acquisition as positive growth factors. Rollins also announced a private offering of senior notes, aimed at raising capital for debt repayment and general corporate purposes, although the amount and terms remain undisclosed.

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