Yahoo Finance Why Rollins (ROL) is a Top Stock for the Long-Term
Kickstarting your investment journey can be both exciting and scary at the same time, and if you're new to investing, you may not know where to even begin. However, one thing is for certain -- stocks set to beat the market over the next 12 months serve as the perfect foundation for any kind of investor.
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.
Since being added to the Zacks Focus List on January 7, 2019 at $36.50 per share, shares of ROL have increased 22.66% to $44.77.
For fiscal 2024, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $1. ROL boasts an average earnings surprise of 4.2%.
Additionally, Rollins' earnings are expected to grow 11.1% 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
