Brink's (NYSE:BCO) – Analysts at Gabelli upped their FY2018 earnings estimates for shares of Brink's in a research report issued to clients and investors on Friday. Gabelli analyst A. Sinha now expects that the business services provider will post earnings per share of $4.05 for the year, up from their prior estimate of $3.90. Gabelli also issued estimates for Brink's’ FY2019 earnings at $4.85 EPS, FY2020 earnings at $5.35 EPS and FY2021 earnings at $5.85 EPS.

Several other research analysts have also commented on the stock. Zacks Investment Research upgraded shares of Brink's from a “hold” rating to a “buy” rating and set a $97.00 price objective for the company in a report on Monday. Sidoti upgraded shares of Brink's from a “neutral” rating to a “buy” rating in a report on Thursday, January 11th. ValuEngine lowered shares of Brink's from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, SunTrust Banks restated a “buy” rating and issued a $98.00 price objective on shares of Brink's in a report on Wednesday, October 18th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $93.75.

Shares of Brink's (NYSE BCO) traded down $0.45 during midday trading on Monday, reaching $83.55. 396,872 shares of the company’s stock traded hands, compared to its average volume of 371,964. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.20. Brink's has a 1-year low of $42.28 and a 1-year high of $87.89. The company has a market cap of $4,220.00, a price-to-earnings ratio of 51.57, a PEG ratio of 1.09 and a beta of 1.71.

Brink's (NYSE:BCO) last issued its quarterly earnings data 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. Brink's had a net margin of 2.51% and a return on equity of 35.15%. The business had revenue of $849.50 million during the quarter, compared to analyst estimates of $841.57 million. During the same period in the prior year, the business earned $0.64 EPS. The company’s revenue for the quarter was up 12.4% on a year-over-year basis.

Large investors have recently added to or reduced their stakes in the company. BlackRock Inc. grew its position in Brink's by 5.2% during the 2nd quarter. BlackRock Inc. now owns 5,728,372 shares of the business services provider’s stock valued at $383,801,000 after purchasing an additional 280,668 shares during the last quarter. Vanguard Group Inc. grew its position in Brink's by 7.3% during the 2nd quarter. Vanguard Group Inc. now owns 5,306,384 shares of the business services provider’s stock valued at $355,528,000 after purchasing an additional 360,947 shares during the last quarter. American Century Companies Inc. grew its position in Brink's by 4.5% during the 3rd quarter. American Century Companies Inc. now owns 1,178,614 shares of the business services provider’s stock valued at $99,298,000 after purchasing an additional 51,181 shares during the last quarter. State Street Corp grew its position in Brink's by 1.0% during the 2nd quarter. State Street Corp now owns 1,144,733 shares of the business services provider’s stock valued at $76,699,000 after purchasing an additional 10,783 shares during the last quarter. Finally, Thrivent Financial For Lutherans grew its position in Brink's by 2,932.2% during the 2nd quarter. Thrivent Financial For Lutherans now owns 773,525 shares of the business services provider’s stock valued at $51,827,000 after purchasing an additional 748,015 shares during the last quarter. 90.55% of the stock is currently owned by hedge funds and other institutional investors.

In other Brink's news, Director George I. Stoeckert bought 1,000 shares of Brink's stock in a transaction dated Friday, December 8th. The shares were purchased at an average cost of $80.40 per share, with a total value of $80,400.00. Following the transaction, the director now directly owns 12,014 shares of the company’s stock, valued at $965,925.60. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Douglas A. Pertz bought 6,570 shares of Brink's stock in a transaction dated Thursday, November 2nd. The stock was acquired at an average cost of $76.18 per share, for a total transaction of $500,502.60. The disclosure for this purchase can be found here. Insiders bought a total of 18,850 shares of company stock worth $1,461,348 over the last ninety days. Insiders own 10.40% of the company’s stock.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 8th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date is Wednesday, February 7th. Brink's’s dividend payout ratio is presently 37.04%.

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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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