Brink's (NYSE:BCO) CFO Ronald James Domanico acquired 3,500 shares of the business’s stock in a transaction on Thursday, February 8th. The stock was purchased at an average cost of $72.18 per share, with a total value of $252,630.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
Brink's (NYSE BCO) traded up $1.75 on Friday, reaching $75.65. 470,816 shares of the company were exchanged, compared to its average volume of 503,181. The firm has a market capitalization of $3,730.72, a price-to-earnings ratio of 24.72, a PEG ratio of 0.95 and a beta of 1.71. Brink's has a 52-week low of $47.30 and a 52-week high of $88.10. The company has a quick ratio of 1.21, a current ratio of 1.89 and a debt-to-equity ratio of 3.66.
Brink's (NYSE:BCO) last posted its quarterly earnings results on Wednesday, February 7th. The business services provider reported $0.95 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.01). The business had revenue of $903.00 million for the quarter, compared to analyst estimates of $851.35 million. Brink's had a return on equity of 36.76% and a net margin of 0.50%. The business’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.87 earnings per share. equities analysts anticipate that Brink's will post 3.76 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 8th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, February 7th. This represents a $0.60 annualized dividend and a yield of 0.79%. Brink's’s payout ratio is 193.55%.
Large investors have recently bought and sold shares of the business. Cypress Capital Management LLC WY purchased a new stake in shares of Brink's in the 3rd quarter valued at approximately $122,000. Meeder Asset Management Inc. purchased a new stake in Brink's during the 3rd quarter worth approximately $128,000. Tower Research Capital LLC TRC increased its stake in Brink's by 285.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,540 shares of the business services provider’s stock worth $103,000 after buying an additional 1,140 shares during the period. Virtus Fund Advisers LLC purchased a new stake in Brink's during the 4th quarter worth approximately $146,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Brink's by 105.4% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,670 shares of the business services provider’s stock worth $210,000 after buying an additional 1,370 shares during the period. Institutional investors own 88.13% of the company’s stock.
BCO has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Brink's from a “hold” rating to a “buy” rating and set a $97.00 target price on the stock in a research report on Monday, January 15th. Sidoti upgraded shares of Brink's from a “neutral” rating to a “buy” rating in a research report on Thursday, January 11th. Gabelli upgraded shares of Brink's from a “hold” rating to a “buy” rating in a research report on Thursday, February 8th. ValuEngine lowered shares of Brink's from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Imperial Capital reiterated an “outperform” rating and issued a $100.00 target price (up previously from $86.00) on shares of Brink's in a research report on Thursday, January 18th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Brink's has a consensus rating of “Buy” and an average price target of $93.50.
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The Brink’s Company (Brink’s) is a provider of logistics and security solutions. The Company operates through nine segments: U.S., France, Mexico, Brazil, Canada, Latin America, EMEA, Asia and Payment Services. The Company’s solutions include cash-in-transit (CIT), automated teller machine (ATM) replenishment and maintenance, cash management services, including vault outsourcing, money processing, and intelligent safe services, international transportation of valuables, and payment services.
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