Brink's (BCO) Expected to Post FY2020 Earnings of $5.62 Per Share

Brink's (NYSE:BCO) – Investment analysts at Imperial Capital issued their FY2020 earnings estimates for shares of Brink's in a research note issued to investors on Thursday. Imperial Capital analyst J. Kessler anticipates that the business services provider will post earnings per share of $5.62 for the year. Imperial Capital currently has a “Outperform” rating and a $100.00 target price on the stock.

A number of other research firms also recently commented on BCO. SunTrust Banks reissued a “buy” rating and set a $98.00 target price on shares of Brink's in a research report on Wednesday, October 18th. Sidoti reissued a “neutral” rating and set a $94.00 target price on shares of Brink's in a research report on Friday, December 15th. Zacks Investment Research downgraded shares of Brink's from a “buy” rating to a “hold” rating in a research report on Friday. Finally, ValuEngine downgraded shares of Brink's from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $97.25.

Brink's (NYSE:BCO) traded up $0.80 during midday trading on Monday, reaching $85.85. 380,500 shares of the company’s stock were exchanged, compared to its average volume of 369,131. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.20. The stock has a market cap of $4,334.00, a P/E ratio of 54.34, a price-to-earnings-growth ratio of 1.10 and a beta of 1.71. Brink's has a 1-year low of $42.28 and a 1-year high of $87.89.

Brink's (NYSE:BCO) last posted its quarterly earnings results on Wednesday, October 25th. The business services provider reported $0.83 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.08. The company had revenue of $849.50 million for the quarter, compared to the consensus estimate of $841.57 million. Brink's had a net margin of 2.51% and a return on equity of 35.15%. The firm’s revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 EPS.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 8th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date is Wednesday, February 7th. Brink's’s dividend payout ratio (DPR) is 37.97%.

In other news, Director George I. Stoeckert acquired 1,000 shares of the business’s stock in a transaction dated Friday, December 8th. The shares were purchased at an average price of $80.40 per share, with a total value of $80,400.00. Following the transaction, the director now directly owns 12,014 shares in the company, valued at $965,925.60. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director George I. Stoeckert acquired 2,700 shares of the business’s stock in a transaction dated Tuesday, December 12th. The stock was purchased at an average cost of $80.55 per share, for a total transaction of $217,485.00. Following the transaction, the director now owns 12,014 shares in the company, valued at $967,727.70. The disclosure for this purchase can be found here. Insiders have acquired a total of 18,850 shares of company stock worth $1,461,348 in the last three months. Insiders own 10.40% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Cypress Capital Management LLC WY acquired a new stake in Brink's in the 3rd quarter worth approximately $122,000. Meeder Asset Management Inc. acquired a new stake in Brink's in the 3rd quarter worth approximately $128,000. Tower Research Capital LLC TRC boosted its stake in Brink's by 285.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,540 shares of the business services provider’s stock worth $103,000 after purchasing an additional 1,140 shares in the last quarter. Riverhead Capital Management LLC boosted its stake in Brink's by 51.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,429 shares of the business services provider’s stock worth $163,000 after purchasing an additional 829 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in Brink's by 493.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,678 shares of the business services provider’s stock worth $180,000 after purchasing an additional 2,227 shares in the last quarter. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

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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.

Earnings History and Estimates for Brink's (NYSE:BCO)

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