ServiceMaster Global Holdings, Inc. (SERV)’s Stock Is Buy After Today’s Huge Increase

February 15, 2018 - By Peter Erickson

The stock of ServiceMaster Global Holdings, Inc. (NYSE:SERV) is a huge mover today! The stock increased 5.72% or $2.98 during the last trading session, reaching $55.1. About 1.11M shares traded or 93.97% up from the average. ServiceMaster Global Holdings, Inc. (NYSE:SERV) has risen 0.99% since February 15, 2017 and is uptrending. It has underperformed by 15.71% the S&P500.
The move comes after 7 months positive chart setup for the $7.44B company. It was reported on Feb, 15 by Barchart.com. We have $58.41 PT which if reached, will make NYSE:SERV worth $446.40 million more.

Analysts await ServiceMaster Global Holdings, Inc. (NYSE:SERV) to report earnings on February, 22. They expect $0.34 earnings per share, down 22.73 % or $0.10 from last year’s $0.44 per share. SERV’s profit will be $45.91 million for 40.51 P/E if the $0.34 EPS becomes a reality. After $0.73 actual earnings per share reported by ServiceMaster Global Holdings, Inc. for the previous quarter, Wall Street now forecasts -53.42 % negative EPS growth.

ServiceMaster Global Holdings, Inc. (NYSE:SERV) Ratings Coverage

Among 11 analysts covering ServiceMaster (NYSE:SERV), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. ServiceMaster had 28 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Friday, September 15 report. The firm has “Buy” rating given on Monday, June 26 by RBC Capital Markets. The company was initiated on Thursday, April 20 by JP Morgan. The firm has “Reduce” rating given on Monday, September 19 by Nomura. On Friday, November 3 the stock rating was maintained by Nomura with “Reduce”. RBC Capital Markets maintained the shares of SERV in report on Wednesday, January 27 with “Outperform” rating. The firm has “Hold” rating given on Monday, September 11 by Robert W. Baird. The stock has “Neutral” rating by Nomura on Tuesday, August 16. The stock of ServiceMaster Global Holdings, Inc. (NYSE:SERV) earned “Buy” rating by RBC Capital Markets on Tuesday, August 1. Morgan Stanley maintained ServiceMaster Global Holdings, Inc. (NYSE:SERV) on Wednesday, January 31 with “Overweight” rating.

More recent ServiceMaster Global Holdings, Inc. (NYSE:SERV) news were published by: Bizjournals.com which released: “ServiceMaster plans to hire more than 100 new employees” on January 23, 2018. Also Bizjournals.com published the news titled: “Member resigns from Memphis-based public company’s board” on January 18, 2018. Benzinga.com‘s news article titled: “William Blair: Bullish Rollins, ServiceMaster Stances Supported By Creepy …” with publication date: January 30, 2018 was also an interesting one.

ServiceMaster Global Holdings, Inc. provides residential and commercial services in the United States. The company has market cap of $7.44 billion. It operates in three divisions: Terminix, American Home Shield, and the Franchise Services Group. It has a 31.89 P/E ratio. 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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