Why Rollins (ROL) is a Top Stock for the Long-Term
Building an investment portfolio from scratch can be difficult, especially if you're new to investing. It's easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start.
Now, let's take a deep dive into a great stock that could be just the right addition to 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.
ROL was added to the Zacks Focus List on January 7, 2019 at $36.50 per share. Since then, shares have increased 23.95% to $45.24.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0 to $0.99. ROL boasts an average earnings surprise of 5.6%.
Additionally, Rollins' earnings are expected to grow 10% 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
