Why Rollins (ROL) is a Top Stock for the Long-Term
If you're a beginner investor, the idea of creating a portfolio from the ground up can feel like an impossible goal to achieve. That's why you should start by looking at stocks that are set to beat the market over the next 12 months, a strategy that's been proven to generate strong returns.
Let's now take a look at one standout stock that could be a perfect fit for your portfolio.
Why You Should Pay Attention to Rollins (ROL)
Headquartered in Atlanta, GA, Rollins provides pest and termite control services to residential and commercial customers. The company offers protection against termite damage, insects and rodents to homes and businesses, including food manufacturers, food service establishments, hotels, transportation companies and retailers.
On January 7, 2019, ROL was added to the Zacks Focus List at $36.50 per share. Shares have increased 3.26% to $37.69 since then.
Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.02 to $0.88. ROL boasts an average earnings surprise of 7.2%.
Additionally, Rollins' earnings are expected to grow 17.3% for the current fiscal year.
It can be very profitable to buy stocks with rising earnings estimates, as stock prices respond to revisions. By adding a Focus List stock like ROL, there's a great chance you'll be getting into a company whose future earnings estimates will be raised, which can lead to price momentum.
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Rollins, Inc. (ROL) : Free Stock Analysis Report
