Brink’s (BCO) Earning Somewhat Positive Press Coverage, Study Shows
News headlines about Brink’s (NYSE:BCO) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Brink’s earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 44.6777833804895 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of research firms have weighed in on BCO. Imperial Capital raised Brink’s from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $72.00 to $86.00 in a research report on Wednesday, August 9th. Zacks Investment Research cut Brink’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 18th. ValuEngine downgraded Brink’s from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Sidoti started coverage on Brink’s in a research note on Friday, October 20th. They set a “buy” rating for the company. Finally, SunTrust Banks reissued a “buy” rating and set a $98.00 target price on shares of Brink’s in a research note on Wednesday, October 18th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $93.67.
Brink’s (NYSE:BCO) traded up $0.20 during midday trading on Thursday, reaching $80.50. The company had a trading volume of 242,262 shares, compared to its average volume of 423,580. Brink’s has a 12-month low of $40.25 and a 12-month high of $87.30. The stock has a market cap of $3,983.14, a P/E ratio of 27.11 and a beta of 1.71. 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 (NYSE:BCO) last released its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.08. Brink’s had a return on equity of 35.15% and a net margin of 2.51%. The firm had revenue of $849.50 million during the quarter, compared to the consensus estimate of $841.57 million. During the same period last year, the business posted $0.64 EPS. Brink’s’s quarterly revenue was up 12.4% on a year-over-year basis. equities research analysts anticipate that Brink’s will post 3.05 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Monday, November 13th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.75%. The ex-dividend date was Friday, November 10th. Brink’s’s payout ratio is currently 37.97%.
In other Brink’s news, Director Peter A. Feld sold 27,000 shares of the stock in a transaction on Monday, September 11th. The stock was sold at an average price of $80.83, for a total transaction of $2,182,410.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Douglas A. Pertz bought 1,280 shares of the stock in a transaction on Thursday, October 26th. The shares were bought at an average price of $78.00 per share, for a total transaction of $99,840.00. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 15,150 shares of company stock worth $1,163,463. 10.40% of the stock is owned by insiders.
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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.
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