The Brink’s (NYSE:BCO) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $- for the period. The company issued revenue guidance of $4.45 billion-4.45 billion, compared to the consensus revenue estimate of $4.41 billion.
Shares of NYSE:BCO traded down $0.85 during trading on Thursday, hitting $74.63. 256,479 shares of the company’s stock were exchanged, compared to its average volume of 306,070. The company has a debt-to-equity ratio of 10.78, a quick ratio of 1.40 and a current ratio of 1.40. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of 137.24 and a beta of 1.56. The company’s 50-day moving average is $77.92. The Brink’s has a 1-year low of $37.08 and a 1-year high of $84.72.
The Brink’s (NYSE:BCO) last issued its earnings results on Tuesday, April 27th. The business services provider reported $0.82 EPS for the quarter, beating the consensus estimate of $0.76 by $0.06. The Brink’s had a net margin of 0.74% and a return on equity of 102.22%. The company had revenue of $977.70 million during the quarter, compared to analysts’ expectations of $973.96 million. During the same quarter in the previous year, the company posted $0.49 EPS. The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. On average, research analysts predict that The Brink’s will post 4.94 EPS for the current fiscal year.
BCO has been the subject of several recent analyst reports. Zacks Investment Research upgraded The Brink’s from a hold rating to a buy rating and set a $90.00 price target for the company in a report on Friday, April 30th. The Goldman Sachs Group reissued a buy rating and set a $92.00 target price on shares of The Brink’s in a research note on Wednesday, March 3rd.
In related news, SVP James K. Parks sold 10,281 shares of the stock in a transaction dated Monday, June 7th. The stock was sold at an average price of $72.95, for a total transaction of $749,998.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.64% of the company’s stock.
The Brink’s Company Profile
The Brink's Company provides secure transportation, cash management, and other security-related services in North America, Latin America, Europe, and internationally. The company offers armored vehicle transportation of valuables; automated teller machine (ATM) management services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance services; network infrastructure; and cash-in-transit services.
Featured Story: Conference Calls and Individual Investors
Receive News & Ratings for The Brink's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Brink's and related companies with MarketBeat.com's FREE daily email newsletter.