Servicemaster Global (NYSE:SERV) released its quarterly earnings data on Tuesday. The business services provider reported $0.31 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.31, Briefing.com reports. The company had revenue of $528.00 million during the quarter, compared to the consensus estimate of $528.05 million. Servicemaster Global had a positive return on equity of 7.97% and a negative net margin of 4.64%. The firm’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.24 earnings per share.
Shares of Servicemaster Global stock traded down $1.63 on Friday, reaching $35.02. 132,052 shares of the company’s stock were exchanged, compared to its average volume of 1,635,375. The company has a market capitalization of $4.98 billion, a P/E ratio of 36.86, a price-to-earnings-growth ratio of 1.64 and a beta of 0.50. Servicemaster Global has a 52 week low of $34.28 and a 52 week high of $58.78. The firm’s 50-day moving average is $50.86 and its two-hundred day moving average is $53.11. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.09 and a current ratio of 1.17.
SERV has been the subject of a number of recent analyst reports. Morgan Stanley increased their target price on shares of Servicemaster Global from $54.00 to $57.00 and gave the company an “equal weight” rating in a research report on Thursday, October 10th. ValuEngine downgraded shares of Servicemaster Global from a “buy” rating to a “hold” rating in a research report on Wednesday. Royal Bank of Canada decreased their target price on shares of Servicemaster Global to $54.00 and set an “outperform” rating for the company in a research report on Wednesday. Buckingham Research reissued a “neutral” rating and set a $45.00 target price (down previously from $61.00) on shares of Servicemaster Global in a research report on Friday, October 25th. Finally, Zacks Investment Research downgraded shares of Servicemaster Global from a “hold” rating to a “sell” rating in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $52.63.
ServiceMaster Global Holdings, Inc provides services to residential and commercial customers in the termite, pest control, cleaning, and restoration markets in all 50 states and the District of Columbia. The company operates through two segments, Terminix and ServiceMaster Brands. 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.
Further Reading: Consumer Price Index (CPI)
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