Shares of Brink's Company (NYSE:BCO) have been assigned an average recommendation of “Hold” from the seven research firms that are currently covering the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $45.00.
Several equities analysts recently issued reports on BCO shares. Gabelli downgraded shares of Brink's Company from a “buy” rating to a “hold” rating in a research note on Monday, November 28th. TheStreet raised shares of Brink's Company from a “hold” rating to a “buy” rating in a research note on Monday, November 28th. Macquarie raised shares of Brink's Company from a “neutral” rating to an “outperform” rating in a research note on Monday, December 12th. Zacks Investment Research downgraded shares of Brink's Company from a “buy” rating to a “sell” rating in a research note on Tuesday, December 27th. Finally, Imperial Capital upped their price objective on shares of Brink's Company to $52.00 and gave the company an “in-line” rating in a research note on Thursday, February 9th.
In related news, Director Peter A. Feld sold 650,000 shares of the company’s stock in a transaction that occurred on Thursday, February 23rd. The shares were sold at an average price of $51.80, for a total transaction of $33,670,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 11.29% of the company’s stock.
A number of institutional investors have recently bought and sold shares of the company. Bluestein R H & Co. bought a new position in Brink's Company during the fourth quarter worth $206,000. CIBC Asset Management Inc bought a new position in Brink's Company during the third quarter worth $206,000. Franklin Resources Inc. increased its position in Brink's Company by 4.8% in the fourth quarter. Franklin Resources Inc. now owns 5,911 shares of the company’s stock worth $244,000 after buying an additional 270 shares in the last quarter. A.R.T. Advisors LLC bought a new position in Brink's Company during the fourth quarter worth $251,000. Finally, Public Employees Retirement System of Ohio increased its position in Brink's Company by 3.2% in the second quarter. Public Employees Retirement System of Ohio now owns 6,257 shares of the company’s stock worth $178,000 after buying an additional 193 shares in the last quarter. 93.20% of the stock is currently owned by institutional investors.
Brink's Company (NYSE:BCO) traded down 0.86% during trading on Monday, hitting $52.15. 169,462 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $48.01 and its 200 day moving average price is $41.29. Brink's Company has a 12-month low of $26.86 and a 12-month high of $54.97. The stock has a market cap of $2.61 billion, a P/E ratio of 76.02 and a beta of 1.40.
Brink's Company (NYSE:BCO) last announced its quarterly earnings data on Wednesday, February 8th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.15. The business had revenue of $768 million for the quarter, compared to the consensus estimate of $735.34 million. Brink's Company had a net margin of 1.14% and a return on equity of 29.99%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.55 earnings per share. Analysts anticipate that Brink's Company will post $2.51 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 1st. Investors of record on Thursday, February 9th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.76%. The ex-dividend date was Tuesday, February 7th. Brink's Company’s payout ratio is 58.82%.
Brink's Company Company Profile
The Brink’s Company (Brink’s) is a provider of logistics and security solutions. The Company’s solutions include cash-in-transit, automated teller machine (ATM) replenishment and maintenance, international transportation of valuables, cash management and payment services, to financial institutions, retailers, government agencies (including central banks), mints, jewelers and other commercial operations around the world.