Dallas, Texas 07/13/2015 (Financialstrend) – Servicemaster Global Holdings Inc (NYSE:SERV), a residential and commercial buildings maintenance service provider, is a highly recommended stock for investors looking to pick a growth company in this sector. The company’s recommendation, by analyst firms, is based on the recent earnings estimate revisions announced by the company. In the months of May-June the management has announced estimate revisions for the current quarter. Revised EPS is $0.57 cents from previously expected EPS of $0.56. Current Year estimates were upwardly revised as well, from $1.61 per share to $1.68 per share.
Servicemaster Global Holdings Inc (NYSE:SERV) provides broad range of building infrastructure maintenance services ranging from pest control to janitorial as well as home inspection and furniture repair apart from home warranties and disaster restoration.
However, one vertical of this industry which Servicemaster Global Holdings Inc has been able to gain unparalleled leadership over peers is in delivery of Security services for a given infrastructure. Building maintenance and servicing industry has become increasingly competitive in the past decade with the development of centralized-localized services delivery which is driven by use of internet. Servicemaster Global’s increasing expertise in the realm of securing building facilities has ensured that it has risen to be the top service provider in this sector. This in turn has led to an increase in solid earnings estimates and in recent month upward revisions.
The solid performance and the strong fundamentals showcased by the company in the current quarter has led to Servicemaster Global Holdings Inc being termed a ‘strong buy’ by leading analyst firms.
Besides, the company has also announced a change in the constitution of its Board of Directors. The company has expanded its members at the Board of Directors from the current nine to ten. Servicemaster Global Holdings Inc (NYSE:SERV) appointing Mr. Curtis D. Hecht as one of Class II Directors, following changes in his Directorship to that of ‘independent,‘ as per rules implemented at NYSE.