Brink’s Company (The) (NYSE:BCO) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, July 26th. Analysts expect Brink’s Company (The) to post earnings of $0.46 per share for the quarter. Brink’s Company (The) has set its FY17 guidance at $2.55-2.65 EPS.

Brink’s Company (The) (NYSE:BCO) last issued its earnings results on Wednesday, April 26th. The business services provider reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.18. Brink’s Company (The) had a return on equity of 32.57% and a net margin of 2.34%. The company had revenue of $788.40 million for the quarter, compared to analyst estimates of $696.06 million. During the same period in the prior year, the firm earned $0.31 earnings per share. Brink’s Company (The)’s revenue for the quarter was up 9.2% on a year-over-year basis. On average, analysts expect Brink’s Company (The) to post $2.67 EPS for the current fiscal year and $3.23 EPS for the next fiscal year.

Brink’s Company (NYSE:BCO) opened at 70.00 on Wednesday. Brink’s Company has a 12 month low of $29.87 and a 12 month high of $70.60. The firm has a market capitalization of $3.53 billion, a price-to-earnings ratio of 49.54 and a beta of 1.68. The stock’s 50 day moving average price is $66.54 and its 200-day moving average price is $56.24.

Brink’s Company (The) announced that its board has authorized a stock buyback plan on Monday, May 8th that permits the company to buyback $200.00 million in outstanding shares. This buyback authorization permits the business services provider to purchase up to 6.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Thursday, July 27th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, July 25th. This represents a $0.60 annualized dividend and a dividend yield of 0.86%. Brink’s Company (The)’s dividend payout ratio is presently 42.55%.

In other Brink’s Company (The) news, insider Thomas Colan sold 935 shares of the business’s stock in a transaction on Tuesday, May 9th. The stock was sold at an average price of $62.30, for a total value of $58,250.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michael J. Herling sold 2,000 shares of the business’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $61.06, for a total value of $122,120.00. Following the completion of the sale, the director now directly owns 2,980 shares in the company, valued at $181,958.80. The disclosure for this sale can be found here. Insiders have sold 1,614,888 shares of company stock worth $101,011,489 over the last 90 days. 10.40% of the stock is currently owned by corporate insiders.

Several research firms recently weighed in on BCO. Imperial Capital lifted their price target on Brink’s Company (The) from $65.00 to $72.00 and gave the company an “outperform” rating in a research report on Monday. Zacks Investment Research upgraded Brink’s Company (The) from a “hold” rating to a “buy” rating and set a $68.00 price target on the stock in a research report on Tuesday, May 2nd. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $59.33.

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About Brink’s Company (The)

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.

Earnings History for Brink`s Company (The) (NYSE:BCO)

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