Brink’s (NYSE:BCO) Stock Falls 4.4% – Here’s Why

Brink’s Company (The) (NYSE:BCO)’s stock price fell 4.4% on Wednesday. The company traded as low as $102.01 and last traded at $102.3730. 169,403 shares traded hands during trading, a decline of 63% from the average session volume of 462,682 shares. The stock had previously closed at $107.13.

Wall Street Analyst Weigh In

Several research firms recently weighed in on BCO. Wall Street Zen upgraded shares of Brink’s from a “hold” rating to a “buy” rating in a research note on Saturday, October 24th. Weiss Ratings downgraded Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Brink’s has an average rating of “Moderate Buy” and an average price target of $154.00.

Brink’s Price Performance

The company has a debt-to-equity ratio of 8.80, a current ratio of 1.62 and a quick ratio of 1.62. The company has a 50-day simple moving average of $106.69 and a two-hundred day simple moving average of $110.67. The stock has a market capitalization of $4.21 billion, a price-to-earnings ratio of 11.72 and a beta of 0.97.

Brink’s (NYSE:BCO) last announced its quarterly earnings results on Wednesday, August 5th. The business services provider reported $2.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.09. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.39 billion. Brink’s had a net margin of 3.30% and a return on equity of 87.18%. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.79 earnings per share. Brink’s has set its Q3 2026 guidance at 2.230-2.630 EPS. On average, equities research analysts predict that Brink’s Company will post 9.13 earnings per share for the current year.

Brink’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 2nd will be issued a $0.2550 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, November 2nd. Brink’s’s dividend payout ratio is 23.61%.

Institutional Investors Weigh In On Brink’s

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. grew its position in Brink’s by 234.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,608 shares of the business services provider’s stock worth $1,286,000 after purchasing an additional 9,540 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in shares of Brink’s during the second quarter valued at about $5,992,000. Paralel Advisors LLC acquired a new position in Brink’s in the 2nd quarter valued at approximately $2,106,000. Engineers Gate Manager LP grew its holdings in shares of Brink’s by 49.4% during the 2nd quarter. Engineers Gate Manager LP now owns 37,669 shares of the business services provider’s stock worth $3,559,000 after purchasing an additional 12,457 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Brink’s during the second quarter valued at approximately $31,028,000. Institutional investors own 94.96% of the company’s stock.

About Brink’s

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.