Brink’s (NYSE:BCO)‘s stock had its “neutral” rating reiterated by Sidoti in a research report issued to clients and investors on Friday, MarketBeat reports. They presently have a $94.00 price target on the business services provider’s stock. Sidoti’s price target suggests a potential upside of 17.65% from the company’s current price.

Several other equities research analysts also recently commented on BCO. ValuEngine upgraded Brink’s from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research downgraded Brink’s from a “strong-buy” rating to a “hold” rating in a report on Monday, September 18th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $98.00 price objective on shares of Brink’s in a report on Wednesday, October 18th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $93.75.

Shares of Brink’s (NYSE BCO) traded up $0.75 during trading hours on Friday, hitting $79.90. The stock had a trading volume of 1,400,100 shares, compared to its average volume of 425,461. Brink’s has a 1 year low of $40.95 and a 1 year high of $87.30. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market capitalization of $4,030.00, a P/E ratio of 27.75 and a beta of 1.71.

Brink’s (NYSE:BCO) last released its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.75 by $0.08. Brink’s had a return on equity of 35.15% and a net margin of 2.51%. The company had revenue of $849.50 million during the quarter, compared to the consensus estimate of $841.57 million. During the same period last year, the company earned $0.64 EPS. Brink’s’s revenue for the quarter was up 12.4% on a year-over-year basis. analysts expect that Brink’s will post 3.05 EPS for the current year.

In other Brink’s news, insider Douglas A. Pertz acquired 6,570 shares of Brink’s stock in a transaction that occurred on Thursday, November 2nd. The stock was bought at an average cost of $76.18 per share, for a total transaction of $500,502.60. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Ronald James Domanico bought 3,000 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was purchased at an average cost of $76.85 per share, for a total transaction of $230,550.00. The disclosure for this purchase can be found here. Insiders purchased a total of 18,850 shares of company stock valued at $1,461,348 over the last quarter. 10.40% of the stock is owned by corporate insiders.

A number of large investors have recently made changes to their positions in BCO. Thrivent Financial For Lutherans boosted its position in Brink’s by 2,932.2% in the second quarter. Thrivent Financial For Lutherans now owns 773,525 shares of the business services provider’s stock worth $51,827,000 after purchasing an additional 748,015 shares during the last quarter. American Century Companies Inc. boosted its position in Brink’s by 148.7% in the second quarter. American Century Companies Inc. now owns 1,127,433 shares of the business services provider’s stock worth $75,538,000 after purchasing an additional 674,096 shares during the last quarter. Principal Financial Group Inc. boosted its position in Brink’s by 128.6% in the second quarter. Principal Financial Group Inc. now owns 807,295 shares of the business services provider’s stock worth $54,089,000 after purchasing an additional 454,097 shares during the last quarter. Pictet Asset Management Ltd. boosted its position in Brink’s by 231.0% in the third quarter. Pictet Asset Management Ltd. now owns 609,000 shares of the business services provider’s stock worth $51,308,000 after purchasing an additional 425,000 shares during the last quarter. Finally, Eagle Asset Management Inc. purchased a new position in Brink’s in the third quarter worth about $31,028,000. 90.56% of the stock is currently owned by institutional investors and hedge funds.

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About Brink’s

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.

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