Brink’s Company (The) (NYSE:BCO – Get Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $110.25 and traded as high as $113.39. Brink’s shares last traded at $111.0880, with a volume of 320,938 shares changing hands.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on BCO shares. Weiss Ratings upgraded Brink’s from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 6th. Wall Street Zen cut Brink’s from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $154.00.
Get Our Latest Research Report on Brink’s
Brink’s Price Performance
Brink’s (NYSE:BCO – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The business services provider reported $2.13 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.09. Brink’s had a return on equity of 87.18% and a net margin of 3.30%.The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the firm posted $1.79 EPS. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. Brink’s has set its Q3 2026 guidance at 2.230-2.630 EPS. On average, equities analysts anticipate that Brink’s Company will post 9.13 EPS for the current fiscal year.
Brink’s Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, July 27th will be paid a $0.255 dividend. The ex-dividend date of this dividend is Monday, July 27th. This represents a $1.02 annualized dividend and a dividend yield of 0.9%. Brink’s’s dividend payout ratio is 23.61%.
Hedge Funds Weigh In On Brink’s
A number of hedge funds have recently modified their holdings of the business. M&T Bank Corp raised its position in shares of Brink’s by 1.2% in the fourth quarter. M&T Bank Corp now owns 7,114 shares of the business services provider’s stock valued at $831,000 after buying an additional 86 shares during the last quarter. CWM LLC boosted its holdings in Brink’s by 6.9% in the fourth quarter. CWM LLC now owns 1,479 shares of the business services provider’s stock valued at $173,000 after acquiring an additional 96 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Brink’s by 26.2% during the 4th quarter. Hantz Financial Services Inc. now owns 506 shares of the business services provider’s stock worth $59,000 after purchasing an additional 105 shares during the period. Rothschild Investment LLC grew its stake in Brink’s by 12.4% during the fourth quarter. Rothschild Investment LLC now owns 1,012 shares of the business services provider’s stock worth $118,000 after buying an additional 112 shares during the period. Finally, Koshinski Asset Management Inc. increased its holdings in Brink’s by 5.3% in the 4th quarter. Koshinski Asset Management Inc. now owns 2,516 shares of the business services provider’s stock valued at $294,000 after purchasing an additional 126 shares in the last quarter. 94.96% of the stock is currently owned by hedge funds and other institutional investors.
Brink’s Company Profile
The Brink’s Company (NYSE: BCO) is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink’s ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.
Brink’s armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.
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