Brink’s Company (The) (NYSE:BCO – Get Free Report) insider Michael Sweeney sold 1,418 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $119.50, for a total transaction of $169,451.00. Following the transaction, the insider directly owned 5,755 shares in the company, valued at approximately $687,722.50. This represents a 19.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Brink’s Trading Up 0.1%
BCO stock traded up $0.12 during midday trading on Tuesday, hitting $119.76. The company had a trading volume of 328,180 shares, compared to its average volume of 247,662. The stock has a market cap of $4.98 billion, a price-to-earnings ratio of 30.63 and a beta of 1.11. Brink’s Company has a 52 week low of $80.10 and a 52 week high of $122.50. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 9.14. The stock’s 50 day moving average price is $113.31 and its 200 day moving average price is $105.25.
Brink’s (NYSE:BCO – Get Free Report) last issued its earnings results on Wednesday, November 5th. The business services provider reported $2.08 EPS for the quarter, missing the consensus estimate of $2.09 by ($0.01). The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Brink’s had a return on equity of 93.16% and a net margin of 3.31%.The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.51 earnings per share. Brink’s has set its Q4 2025 guidance at 2.280-2.680 EPS. As a group, equities research analysts expect that Brink’s Company will post 6.49 earnings per share for the current fiscal year.
Brink’s Dividend Announcement
Brink’s announced that its board has initiated a stock buyback program on Thursday, December 11th that allows the company to repurchase $750.00 million in outstanding shares. This repurchase authorization allows the business services provider to purchase up to 15.4% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caldwell Trust Co purchased a new stake in Brink’s during the 2nd quarter valued at $27,000. Trust Co. of Toledo NA OH purchased a new position in Brink’s in the second quarter worth about $32,000. Advisory Services Network LLC bought a new stake in shares of Brink’s during the 3rd quarter valued at about $33,000. Mather Group LLC. purchased a new position in shares of Brink’s in the third quarter worth approximately $34,000. Finally, Optiver Holding B.V. grew its position in Brink’s by 42.9% during the third quarter. Optiver Holding B.V. now owns 353 shares of the business services provider’s stock valued at $41,000 after buying an additional 106 shares during the period. Institutional investors own 94.96% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have commented on BCO shares. Weiss Ratings raised Brink’s from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Zacks Research lowered Brink’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Research Report on Brink’s
Brink’s Company Profile
The Brink’s Co engages in providing cash management services, digital retail solutions, and ATM managed services. It operates through the following geographical segments: North America, Latin America, Europe, and Rest of World. The North America segment operates in the U.S. and Canada. The Latin America segment refers to the operations in Latin American countries.
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