Yahoo Finance Earnings Growth & Price Strength Make Rollins (ROL) a Stock to Watch
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.
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.
Since being added to the Zacks Focus List on January 7, 2019 at $36.50 per share, shares of ROL have increased 35.21% to $49.35.
One analyst revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.01 to $1.01. ROL also boasts an average earnings surprise of 4.2%.
Moreover, analysts are expecting Rollins' earnings to grow 12.2% for the current fiscal year.
Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like ROL offer investors a great opportunity to get into a company whose future earnings estimates will be raised, potentially leading to price momentum.
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Rollins, Inc. (ROL): Free Stock Analysis Report
