Why Rollins (ROL) is a Top Stock for the Long-Term
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When stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.
Brokerage analysts are in charge of determining a company's growth and profitability expectations, or earnings estimates. These analysts work together with company management to evaluate all factors that may affect future earnings, like interest rates, the economy, and sector and industry optimism.
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It can be very profitable to buy stocks with rising earnings estimates, as stock prices respond to revisions. By adding Focus List stocks, there's a great chance you'll be getting into companies whose future earnings estimates will be raised, which can lead to price momentum.
Focus List Spotlight: Rollins (ROL)
Headquartered in Atlanta, GA, Rollins provides pest and termite control services to residential and commercial customers.
Since being added to the Focus List on January 7, 2019 at $36.50 per share, shares of ROL have increased 5.64% to $38.56. The stock is currently a #3 (Hold) on the Zacks Rank.
For fiscal 2021, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.04 to $0.69. ROL boasts an average earnings surprise of 17.4%.
Earnings for ROL are forecasted to see growth of 27.8% for the current fiscal year as well.
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