Servicemaster Global Holdings Inc (SERV) Receives Consensus Rating of “Hold” from Brokerages
Servicemaster Global Holdings Inc (NYSE:SERV) has been given an average recommendation of “Hold” by the thirteen analysts that are covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $49.42.
Several equities analysts have recently commented on SERV shares. Robert W. Baird reiterated a “hold” rating and set a $51.00 target price on shares of Servicemaster Global in a research note on Tuesday, September 12th. Royal Bank of Canada reiterated a “buy” rating and set a $44.00 target price on shares of Servicemaster Global in a research note on Friday, September 15th. Rowe started coverage on Servicemaster Global in a research note on Tuesday, September 19th. They set an “outperform” rating and a $55.00 target price for the company. Oppenheimer started coverage on Servicemaster Global in a research note on Wednesday, September 20th. They set an “outperform” rating and a $55.00 target price for the company. Finally, CIBC began coverage on Servicemaster Global in a research note on Wednesday, September 20th. They set an “outperform” rating and a $55.00 target price for the company.
In related news, SVP James T. Lucke sold 21,000 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $50.24, for a total transaction of $1,055,040.00. Following the sale, the senior vice president now directly owns 21,000 shares of the company’s stock, valued at approximately $1,055,040. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Mary Kay Wegner sold 6,562 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $47.13, for a total value of $309,267.06. Following the sale, the insider now directly owns 6,562 shares in the company, valued at $309,267.06. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,464 shares of company stock worth $1,596,901. Corporate insiders own 1.20% of the company’s stock.
Servicemaster Global (NYSE:SERV) traded up $0.34 during trading on Monday, hitting $52.40. The stock had a trading volume of 470,876 shares, compared to its average volume of 463,156. The stock has a market cap of $7,029.59, a PE ratio of 30.11 and a beta of 1.00. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.99 and a current ratio of 1.03. Servicemaster Global has a 12 month low of $36.34 and a 12 month high of $52.87.
Servicemaster Global (NYSE:SERV) last released its earnings results on Tuesday, October 31st. The business services provider reported $0.73 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.12. The company had revenue of $797.00 million during the quarter, compared to analysts’ expectations of $795.41 million. Servicemaster Global had a return on equity of 40.22% and a net margin of 8.16%. The business’s revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.59 EPS. equities analysts forecast that Servicemaster Global will post 2.09 EPS for the current year.
About Servicemaster Global
ServiceMaster Global Holdings, Inc is a provider of essential residential and commercial services. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec.
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