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Hot Stocks
Terminix to divest UK, Norway businesses as condition of Rentokil merger » 07:56
05/09/22
05/09
07:56
05/09/22
07:56
TMX

Terminix

$43.94 /

-1.565 (-3.44%)

, RTOKY

Rentokil

$32.68 /

-1.354 (-3.98%)

Terminix Global Holdings,…

Terminix Global Holdings, Inc. (TMX), announced it has entered into a definitive agreement to divest its pest management businesses in the U.K and Norway. These businesses are being divested by Terminix as a condition to the closing of its pending merger with Rentokil Initial (RTOKY). The Divestment is expected to close in the next 30 to 60 days, subject to limited closing conditions. Terminix expects to record a loss on the sale of these assets in the period ending June 30, 2022. Together, the two businesses were expected to generate approximately $60M in revenue and less than $10M in Adjusted EBITDA for the full year 2022. Completion of the Divestment and the previously announced completion of the antitrust review process in the US will satisify two of the closing conditions to the Company's pending merger with Rentokil. Remaining conditions to be satisified include approval by the Company's and Rentokil's shareholders, and the registration of Rentokil's American depository shares with the U.S. Securities and Exchange Commission and their listing on the New York Stock Exchange. Both parties continue to make good progress on satisfying these remaining conditions and the transaction remains on track for completion in the second half of 2022, with a targeted closing by the end of the third quarter.

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TMX Terminix
$43.94 /

-1.565 (-3.44%)

TMX Terminix
$43.94 /

-1.565 (-3.44%)

01/14/22 Stifel
Stifel sees less than 25% chance Ecolab buys Terminix pest control assets
12/14/21 William Blair
William Blair keeps Terminix at Outperform, sees 'ample time' for other bidders
10/28/21 Baird
Baird downgrades Terminix to Neutral with turnaround 'more difficult'
10/28/21 Baird
Terminix downgraded to Neutral from Outperform at Baird
RTOKY Rentokil
$32.68 /

-1.354 (-3.98%)

04/28/22 Credit Suisse
Rentokil price target raised to 625 GBp from 600 GBp at Credit Suisse
03/25/22 Exane BNP Paribas
Rentokil upgraded to Outperform from Neutral at Exane BNP Paribas
03/11/22 Deutsche Bank
Rentokil price target lowered to 550 GBp from 630 GBp at Deutsche Bank
02/25/22 Jefferies
Rentokil assumed with a Buy at Jefferies
TMX Terminix
$43.94 /

-1.565 (-3.44%)

TMX Terminix
$43.94 /

-1.565 (-3.44%)

Earnings
Terminix reports Q1 adjusted EPS 35c, consensus 33c » 07:24
05/05/22
05/05
07:24
05/05/22
07:24
TMX

Terminix

$45.80 /

+0.05 (+0.11%)

Reports Q revenue $496M,…

Reports Q revenue $496M, consensus $492.8M. "We are encouraged by the positive momentum in our residential business," said Terminix CEO Brett Ponton. "Unit growth in termite and strong price realization across all channels offset expected inflationary pressures in fuel, labor and materials in the quarter. Key investments in labor and staffing levels aided the first quarter and will support growth in the coming quarters. Commercial pest continues to improve, and with strong sales and improved retention rates in the quarter, is poised for growth in the back half of the year."

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TMX Terminix
$45.80 /

+0.05 (+0.11%)

TMX Terminix
$45.80 /

+0.05 (+0.11%)

01/14/22 Stifel
Stifel sees less than 25% chance Ecolab buys Terminix pest control assets
12/14/21 William Blair
William Blair keeps Terminix at Outperform, sees 'ample time' for other bidders
10/28/21 Baird
Baird downgrades Terminix to Neutral with turnaround 'more difficult'
10/28/21 Baird
Terminix downgraded to Neutral from Outperform at Baird
TMX Terminix
$45.80 /

+0.05 (+0.11%)

TMX Terminix
$45.80 /

+0.05 (+0.11%)

Conference/Events
JPMorgan commercial services analysts hold analyst/industry conference call » 10:23
05/03/22
05/03
10:23
05/03/22
10:23
RTOKY

Rentokil

$34.27 /

-0.39 (-1.13%)

, TMX

Terminix

$46.32 /

+0.35 (+0.76%)

Analysts discuss the…

Analysts discuss the Terminix/Rentokil merger and provide an update on Rentokil on an Analyst/Industry conference call to be held on May 3 at 10:30 am. Webcast Link

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TMX Terminix
$46.32 /

+0.35 (+0.76%)

RTOKY Rentokil
$34.27 /

-0.39 (-1.13%)

RTOKY Rentokil
$34.27 /

-0.39 (-1.13%)

04/28/22 Credit Suisse
Rentokil price target raised to 625 GBp from 600 GBp at Credit Suisse
03/25/22 Exane BNP Paribas
Rentokil upgraded to Outperform from Neutral at Exane BNP Paribas
03/11/22 Deutsche Bank
Rentokil price target lowered to 550 GBp from 630 GBp at Deutsche Bank
02/25/22 Jefferies
Rentokil assumed with a Buy at Jefferies
TMX Terminix
$46.32 /

+0.35 (+0.76%)

01/14/22 Stifel
Stifel sees less than 25% chance Ecolab buys Terminix pest control assets
12/14/21 William Blair
William Blair keeps Terminix at Outperform, sees 'ample time' for other bidders
10/28/21 Baird
Baird downgrades Terminix to Neutral with turnaround 'more difficult'
10/28/21 Baird
Terminix downgraded to Neutral from Outperform at Baird
TMX Terminix
$46.32 /

+0.35 (+0.76%)

TMX Terminix
$46.32 /

+0.35 (+0.76%)

RTOKY Rentokil
$34.27 /

-0.39 (-1.13%)

Recommendations
Rentokil price target raised to 625 GBp from 600 GBp at Credit Suisse » 15:47
04/28/22
04/28
15:47
04/28/22
15:47
RTOKY

Rentokil

$33.86 /

+0.68 (+2.05%)

Credit Suisse analyst…

Credit Suisse analyst Andy Grobler raised the firm's price target on Rentokil to 625 GBp from 600 GBp and keeps an Outperform rating on the shares.

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RTOKY Rentokil
$33.86 /

+0.68 (+2.05%)

RTOKY Rentokil
$33.86 /

+0.68 (+2.05%)

03/25/22 Exane BNP Paribas
Rentokil upgraded to Outperform from Neutral at Exane BNP Paribas
03/11/22 Deutsche Bank
Rentokil price target lowered to 550 GBp from 630 GBp at Deutsche Bank
02/25/22 Jefferies
Rentokil assumed with a Buy at Jefferies
02/03/22 JPMorgan
Rentokil added to Analyst Focus List at JPMorgan
RTOKY Rentokil
$33.86 /

+0.68 (+2.05%)

Earnings
Stifel Financial reports Q1 EPS $1.49, consensus $1.47 » 07:06
04/27/22
04/27
07:06
04/27/22
07:06
SF

Stifel Financial

$63.20 /

-2.33 (-3.56%)

Reports Q1 revenue…

Reports Q1 revenue $1.125B, consensus $1.15B. Ronald Kruszewski, Chairman and Chief Executive Officer, said, "Our quarterly revenue and earnings per share were the second highest first quarter results in the firm's history. The strength of Stifel's business model continues to be its diversity as record Global Wealth Management and Institutional Fixed Income transactional revenue helped to offset the headwinds in some of our businesses. The outlook for the remainder of 2022 is strong. We expect to benefit from our significant asset sensitivity and the continued growth in other business lines."

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SF Stifel Financial
$63.20 /

-2.33 (-3.56%)

SF Stifel Financial
$63.20 /

-2.33 (-3.56%)

01/27/22 JMP Securities
Stifel Financial price target raised to $100 from $93 at JMP Securities
12/16/21 BofA
LPL Financial initiated with a Neutral at BofA
10/28/21 JMP Securities
Stifel Financial price target raised to $92 from $87 at JMP Securities
06/23/21 Wolfe Research
Stifel Financial upgraded to Outperform from Underperform at Wolfe Research
SF Stifel Financial
$63.20 /

-2.33 (-3.56%)

Hot Stocks
Stifel Financial releases inaugural ESG report » 09:07
04/25/22
04/25
09:07
04/25/22
09:07
SF

Stifel Financial

$64.69 /

-2.88 (-4.26%)

Stifel Financial…

Stifel Financial announced the release of its inaugural Environmental, Social & Governance, ESG, Report, detailing the company's initiatives and commitment to these important factors. Highlights from this year's report include: As of December 31, 2021, Stifel manages and holds $5.2B in ESG assets; In 2021, Stifel employees completed approximately 33,000 hours of compliance and ethics-related training; Stifel has underwritten more than $1.9B Community Reinvestment Act bonds; Stifel Bank & Trust rates outstanding and ranks in the top 10% of approximately 4,500 banks evaluated by federal regulators based on how well they meet their Community Reinvestment Act obligation; In 2021, Stifel employees worldwide completed 2,625 volunteer hours and the company donated $6.63 million to local community organizations; Stifel worked with our corporate travel partners to identify ways to reduce our environmental footprint and contracted with carbonfund.org, an organization that helps businesses and individuals offset their climate impact.

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SF Stifel Financial
$64.69 /

-2.88 (-4.26%)

SF Stifel Financial
$64.69 /

-2.88 (-4.26%)

01/27/22 JMP Securities
Stifel Financial price target raised to $100 from $93 at JMP Securities
12/16/21 BofA
LPL Financial initiated with a Neutral at BofA
10/28/21 JMP Securities
Stifel Financial price target raised to $92 from $87 at JMP Securities
06/23/21 Wolfe Research
Stifel Financial upgraded to Outperform from Underperform at Wolfe Research
SF Stifel Financial
$64.69 /

-2.88 (-4.26%)

Over a month ago
Hot Stocks
Stifel, Eaton Partners team with RCP Advisors to launch Twelve Degrees » 08:37
04/12/22
04/12
08:37
04/12/22
08:37
SF

Stifel Financial

$63.45 /

-0.29 (-0.45%)

, PX

P10

$11.43 /

-0.23 (-1.97%)

Stifel Financial (SF),…

Stifel Financial (SF), Eaton Partners, a Stifel Company, and RCP Advisors, a subsidiary of P10 (PX), announced the launch of Twelve Degrees, a strategic partnership focused on investing in and providing capital solutions to leading emerging and first-time alternative investment fund managers. Twelve Degrees will combine Eaton's capabilities as one of the largest global placement agents and financial advisory firms with RCP's access to lower-middle-market private equity fund managers. Twelve Degrees will provide flexible capital solutions, strategic advice, back-office infrastructure, access to broader Stifel banking services, and global distribution, capital formation, and marketing capabilities designed to help emerging and first-time managers build and scale their businesses. These services will be provided in exchange for GP-level economics. Using a selective, data-driven, and long-term approach, the partnership will use institutional best practices and sourcing channels across both firms.

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SF Stifel Financial
$63.45 /

-0.29 (-0.45%)

PX P10
$11.43 /

-0.23 (-1.97%)

SF Stifel Financial
$63.45 /

-0.29 (-0.45%)

01/27/22 JMP Securities
Stifel Financial price target raised to $100 from $93 at JMP Securities
12/16/21 BofA
LPL Financial initiated with a Neutral at BofA
10/28/21 JMP Securities
Stifel Financial price target raised to $92 from $87 at JMP Securities
06/23/21 Wolfe Research
Stifel Financial upgraded to Outperform from Underperform at Wolfe Research
PX P10
$11.43 /

-0.23 (-1.97%)

11/15/21 Stephens
P10 initiated with an Overweight at Stephens
11/15/21 Morgan Stanley
Morgan Stanley starts P10 at Overweight, bullish on private markets platform
11/15/21 JPMorgan
P10 initiated with an Overweight, $10 target at JPMorgan
11/15/21 JPMorgan
P10 initiated with an Overweight at JPMorgan
SF Stifel Financial
$63.45 /

-0.29 (-0.45%)

PX P10
$11.43 /

-0.23 (-1.97%)

  • 21
    Oct
PX P10
$11.43 /

-0.23 (-1.97%)

Hot Stocks
Stifel Financial gives $5,000 stock grant to 4,200 employees » 08:32
03/30/22
03/30
08:32
03/30/22
08:32
SF

Stifel Financial

$71.15 /

+0.695 (+0.99%)

Stifel Financial…

Stifel Financial announced that it will give equity grants to approximately half of its employees, as part of an objective to ultimately make all Stifel employees shareholders. Through the program, approximately 4,200 current employees will receive a one-time restricted stock unit grant of $5,000 per individual. Going forward, qualifying new employees will be eligible for a similar award. With the implementation of this program, in combination with existing employee ownership, substantially all Stifel employees will achieve equity ownership in the company.

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SF Stifel Financial
$71.15 /

+0.695 (+0.99%)

SF Stifel Financial
$71.15 /

+0.695 (+0.99%)

01/27/22 JMP Securities
Stifel Financial price target raised to $100 from $93 at JMP Securities
12/16/21 BofA
LPL Financial initiated with a Neutral at BofA
10/28/21 JMP Securities
Stifel Financial price target raised to $92 from $87 at JMP Securities
06/23/21 Wolfe Research
Stifel Financial upgraded to Outperform from Underperform at Wolfe Research
SF Stifel Financial
$71.15 /

+0.695 (+0.99%)

Upgrade
Rentokil upgraded to Outperform from Neutral at Exane BNP Paribas » 05:20
03/25/22
03/25
05:20
03/25/22
05:20
RTOKY

Rentokil

$34.28 /

+0.5999 (+1.78%)

Exane BNP Paribas analyst…

Exane BNP Paribas analyst Davina Pearce upgraded Rentokil to Outperform from Neutral with a price target of 595 GBp, up from 550 GBp. The analyst sees accretion from the Terminix deal and upgrades Rentokil following the recent share weakness.

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RTOKY Rentokil
$34.28 /

+0.5999 (+1.78%)

RTOKY Rentokil
$34.28 /

+0.5999 (+1.78%)

03/11/22 Deutsche Bank
Rentokil price target lowered to 550 GBp from 630 GBp at Deutsche Bank
02/25/22 Jefferies
Rentokil assumed with a Buy at Jefferies
02/03/22 JPMorgan
Rentokil added to Analyst Focus List at JPMorgan
01/21/22 Berenberg
Rentokil upgraded to Buy from Hold at Berenberg
RTOKY Rentokil
$34.28 /

+0.5999 (+1.78%)

Hot Stocks
Stifel Financial CEO: Rising interest rates are good for us » 18:48
03/21/22
03/21
18:48
03/21/22
18:48
SF

Stifel Financial

$69.56 /

+0.27 (+0.39%)

In an interview on…

In an interview on CNBC's Mad Money, Ron Kruszewski said Stifel is growing across all businesses and gaining market share. The company is filling the void that occurred after the 2008 financial crisis, he added. Kruszewski noted that Stifel's research is "second to none," and he expects the company to continue to gain market share.

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SF Stifel Financial
$69.56 /

+0.27 (+0.39%)

SF Stifel Financial
$69.56 /

+0.27 (+0.39%)

01/27/22 JMP Securities
Stifel Financial price target raised to $100 from $93 at JMP Securities
12/16/21 BofA
LPL Financial initiated with a Neutral at BofA
10/28/21 JMP Securities
Stifel Financial price target raised to $92 from $87 at JMP Securities
06/23/21 Wolfe Research
Stifel Financial upgraded to Outperform from Underperform at Wolfe Research
SF Stifel Financial
$69.56 /

+0.27 (+0.39%)

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