Equities research analysts predict that Servicemaster Global Holdings Inc (NYSE:SERV) will report earnings per share of $0.21 for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Servicemaster Global’s earnings, with the highest EPS estimate coming in at $0.23 and the lowest estimate coming in at $0.19. Servicemaster Global posted earnings of $0.35 per share during the same quarter last year, which would indicate a negative year over year growth rate of 40%. The business is scheduled to announce its next earnings report on Tuesday, February 26th.
On average, analysts expect that Servicemaster Global will report full-year earnings of $2.10 per share for the current financial year, with EPS estimates ranging from $2.09 to $2.10. For the next year, analysts forecast that the firm will post earnings of $1.43 per share, with EPS estimates ranging from $1.31 to $1.55. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Servicemaster Global.
Servicemaster Global (NYSE:SERV) last issued its quarterly earnings results on Tuesday, November 6th. The business services provider reported $0.67 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.12). Servicemaster Global had a return on equity of 23.65% and a net margin of 16.61%. The company had revenue of $873.00 million for the quarter, compared to analyst estimates of $865.00 million. During the same period last year, the company posted $0.73 EPS. The business’s revenue for the quarter was up 9.5% on a year-over-year basis.
Several equities analysts recently commented on the stock. Nomura upped their price target on shares of Servicemaster Global from $48.20 to $53.00 and gave the stock a “buy” rating in a research report on Wednesday, October 10th. Morgan Stanley set a $39.00 price target on shares of Servicemaster Global and gave the stock a “hold” rating in a research report on Wednesday, November 7th. ValuEngine raised shares of Servicemaster Global from a “sell” rating to a “hold” rating in a research report on Monday, October 8th. Goldman Sachs Group began coverage on shares of Servicemaster Global in a research note on Wednesday, November 14th. They set a “neutral” rating and a $44.00 price objective for the company. Finally, Zacks Investment Research upgraded shares of Servicemaster Global from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 5th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $46.67.
Shares of SERV stock opened at $39.39 on Thursday. Servicemaster Global has a one year low of $32.89 and a one year high of $45.64. The company has a quick ratio of 1.09, a current ratio of 1.15 and a debt-to-equity ratio of 1.90. The company has a market cap of $5.34 billion, a P/E ratio of 18.67, a P/E/G ratio of 2.67 and a beta of 1.01.
In other Servicemaster Global news, insider Matthew Stevenson sold 2,562 shares of the business’s stock in a transaction that occurred on Friday, November 30th. The shares were sold at an average price of $44.20, for a total transaction of $113,240.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.16% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in SERV. First Hawaiian Bank purchased a new position in shares of Servicemaster Global in the third quarter valued at $193,000. Stone Ridge Asset Management LLC purchased a new position in shares of Servicemaster Global in the third quarter valued at $205,000. Parametrica Management Ltd purchased a new position in shares of Servicemaster Global in the third quarter valued at $245,000. Blue Sky Asset Management LLC purchased a new position in shares of Servicemaster Global in the third quarter valued at $357,000. Finally, AMP Capital Investors Ltd purchased a new position in shares of Servicemaster Global in the third quarter valued at $398,000. Institutional investors own 95.45% of the company’s stock.
About Servicemaster Global
ServiceMaster Global Holdings, Inc provides termite and pest control, cleaning, and restoration services in residential and commercial markets in the United States. The company operates through, Terminix and the Franchise Services Group segments. The Terminix segment offers termite and pest control services, including termite remediation, annual termite inspection, and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.
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