Brink’s (NYSE:BCO) Stock Rating Raised to “Buy” at Wall Street Zen

by · The Markets Daily

Wall Street Zen upgraded shares of Brink’s (NYSE:BCO – Free Report) from a hold rating to a buy rating in a research note released on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings downgraded Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Brink’s currently has an average rating of “Moderate Buy” and a consensus price target of $154.00.

Read Our Latest Stock Analysis on Brink’s

Brink’s Trading Up 0.1%

BCO opened at $111.29 on Friday. The firm has a 50 day simple moving average of $107.06 and a 200 day simple moving average of $107.21. Brink’s has a fifty-two week low of $91.05 and a fifty-two week high of $136.37. The company has a market cap of $4.58 billion, a price-to-earnings ratio of 25.76 and a beta of 0.97. The company has a debt-to-equity ratio of 8.80, a current ratio of 1.62 and a quick ratio of 1.62.

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 the consensus estimate of $2.04 by $0.09. Brink’s had a net margin of 3.30% and a return on equity of 87.18%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period in the prior year, the business 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. On average, sell-side analysts anticipate that Brink’s will post 9.13 earnings per share for the current year.

Brink’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 2nd will be issued a dividend of $0.2550 per share. The ex-dividend date is Monday, November 2nd. This represents a $1.02 annualized dividend and a yield of 0.9%. Brink’s’s payout ratio is currently 23.61%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Engine Capital Management LP lifted its stake in Brink’s by 1,237.6% in the 1st quarter. Engine Capital Management LP now owns 549,417 shares of the business services provider’s stock valued at $56,936,000 after acquiring an additional 508,343 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Brink’s during the 2nd quarter worth approximately $31,028,000. Janus Henderson Group PLC grew its stake in shares of Brink’s by 353.8% during the 1st quarter. Janus Henderson Group PLC now owns 175,369 shares of the business services provider’s stock worth $18,174,000 after acquiring an additional 136,725 shares in the last quarter. Hillsdale Investment Management Inc. bought a new position in shares of Brink’s during the 1st quarter worth approximately $7,461,000. Finally, Susquehanna Fundamental Investments LLC bought a new position in shares of Brink’s during the 2nd quarter worth approximately $5,992,000. 94.96% of the stock is owned by institutional investors and hedge funds.

Brink’s Company Profile

(Get Free Report)

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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