Wall Street Zen upgraded shares of Brink’s (NYSE:BCO – Free Report) from a hold rating to a buy rating in a research note published on Saturday morning,Wall Street Zen reports.
Separately, Weiss Ratings lowered shares of Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Brink’s currently has an average rating of “Moderate Buy” and an average target price of $154.00.
Check Out Our Latest Research Report on BCO
Brink’s Stock Down 0.2%
BCO stock opened at $111.01 on Friday. The firm has a market capitalization of $4.57 billion, a PE ratio of 25.70 and a beta of 0.97. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 8.80. Brink’s has a twelve month low of $91.05 and a twelve month high of $136.37. The stock’s 50 day moving average is $107.10 and its 200-day moving average is $110.97.
Brink’s (NYSE:BCO – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The business services provider reported $2.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.09. Brink’s had a return on equity of 87.18% and a net margin of 3.30%. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the company posted $1.79 earnings per share. Brink’s’s revenue was up 7.0% compared to the same quarter last year. Brink’s has set its Q3 2026 guidance at 2.230-2.630 EPS. Sell-side analysts expect that Brink’s will post 9.13 EPS for the current fiscal year.
Brink’s Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 2nd will be given a dividend of $0.2550 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, November 2nd. Brink’s’s dividend payout ratio (DPR) is presently 23.61%.
Institutional Trading of Brink’s
Hedge funds have recently bought and sold shares of the business. Verdence Capital Advisors LLC boosted its holdings in shares of Brink’s by 1.0% in the 3rd quarter. Verdence Capital Advisors LLC now owns 9,822 shares of the business services provider’s stock worth $992,000 after buying an additional 94 shares during the last quarter. Valley National Advisers Inc. bought a new position in Brink’s during the third quarter valued at about $126,000. Simplicity Wealth LLC increased its holdings in Brink’s by 52.7% during the third quarter. Simplicity Wealth LLC now owns 6,763 shares of the business services provider’s stock worth $683,000 after buying an additional 2,335 shares during the last quarter. Vest Financial LLC increased its holdings in Brink’s by 6.5% during the third quarter. Vest Financial LLC now owns 69,821 shares of the business services provider’s stock worth $7,051,000 after buying an additional 4,248 shares during the last quarter. Finally, Sound Income Strategies LLC increased its holdings in Brink’s by 1.6% during the third quarter. Sound Income Strategies LLC now owns 69,202 shares of the business services provider’s stock worth $7,084,000 after buying an additional 1,060 shares during the last quarter. 94.96% of the stock is currently owned by institutional investors.
Brink’s Company Profile
Brink’s Company (NYSE: BCO) is a global provider of security and logistics services. The company helps businesses, financial institutions, retailers, governments and other organizations protect, transport and manage cash, valuables and other high-value assets.
Its services include secure transportation, cash-in-transit operations, ATM replenishment and servicing, cash processing, vaulting, cash management and related payment services. Brink’s also provides international logistics for precious metals, jewelry, gemstones, artwork and other valuables through its Brink’s Global Services business.
Founded in 1859, Brink’s serves customers across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region through a worldwide network of employees, vehicles and facilities.
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