Brink’s (NYSE:BCO) declared a quarterly dividend on Thursday, July 11th, RTT News reports. Shareholders of record on Monday, July 29th will be given a dividend of 0.15 per share by the business services provider on Tuesday, September 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 0.69%.
BCO stock traded down $0.02 during mid-day trading on Friday, reaching $86.91. 2,455 shares of the company traded hands, compared to its average volume of 296,547. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 8.90. The stock has a market capitalization of $4.34 billion, a P/E ratio of 25.13, a P/E/G ratio of 1.40 and a beta of 1.45. Brink’s has a 52-week low of $59.08 and a 52-week high of $87.59. The company has a fifty day moving average price of $81.24.
Brink’s (NYSE:BCO) last posted its earnings results on Wednesday, April 24th. The business services provider reported $0.79 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.07. The business had revenue of $905.00 million during the quarter, compared to analyst estimates of $914.08 million. Brink’s had a positive return on equity of 86.38% and a negative net margin of 1.19%. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.65 EPS. Analysts expect that Brink’s will post 4.22 earnings per share for the current fiscal year.
In other Brink’s news, insider Thomas Colan sold 6,374 shares of the business’s stock in a transaction that occurred on Thursday, April 25th. The stock was sold at an average price of $83.51, for a total value of $532,292.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Amit Zukerman sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $80.00, for a total value of $400,000.00. The disclosure for this sale can be found here. Insiders sold 33,320 shares of company stock valued at $2,686,656 in the last quarter. Corporate insiders own 1.05% of the company’s stock.
Separately, Zacks Investment Research downgraded Heritage Insurance from a “hold” rating to a “strong sell” rating in a research report on Friday, April 26th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $90.00.
Brink’s Company Profile
The Brink's Company provides secure transportation, cash management, and other security-related services in North America, South America, and internationally. The company offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine (ATM) services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance; and network infrastructure services.
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