Investing.com -- Rollins Inc. (NYSE: ROL) shares are down more than 18% premarket on Thursday after the pest control company reported second-quarter earnings after the close on Wednesday. BofA noted margins came in at 22% versus the Street's 23% estimate, with first-half incremental margins of just 8% versus the company's 25-30% framework. The firm lowered its price target based on 28x 2027 EPS, down from 40x, citing "much lower visibility on near-term demand trends." Meanwhile, RBC Capital also downgraded Rollins, moving to Sector Perform from Outperform with a price target cut to $40 from $52. Related articlesRollins shares plunge premarket after Q2 miss triggers downgradesWolfe Research outlines eight risks that could spark stock declines in 2026Morgan Stanley CIO survey: Why AI hype isn't boosting 2026 IT budgets