Somewhat Favorable News Coverage Somewhat Unlikely to Affect Brink’s (BCO) Share Price
Media stories about Brink’s (NYSE:BCO) have trended somewhat positive this week, according to Accern Sentiment Analysis. 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 one, with scores closest to one being the most favorable. Brink’s earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 44.6546085572088 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several equities analysts have recently issued reports on BCO shares. Zacks Investment Research cut Brink’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 18th. ValuEngine raised Brink’s from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. SunTrust Banks reissued a “buy” rating and set a $98.00 price objective on shares of Brink’s in a research note on Wednesday, October 18th. Finally, Sidoti initiated coverage on Brink’s in a research note on Friday, October 20th. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $93.75.
Brink’s (BCO) traded up $0.75 on Friday, hitting $79.90. The stock had a trading volume of 1,400,100 shares, compared to its average volume of 425,461. The company has a market cap of $4,030.00, a price-to-earnings ratio of 27.75 and a beta of 1.71. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.20. Brink’s has a 1-year low of $40.95 and a 1-year high of $87.30.
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, topping the consensus estimate of $0.75 by $0.08. The business had revenue of $849.50 million during the quarter, compared to analyst estimates of $841.57 million. Brink’s had a return on equity of 35.15% and a net margin of 2.51%. The company’s revenue was up 12.4% compared to the same quarter last year. During the same period last year, the company posted $0.64 EPS. equities research analysts expect that Brink’s will post 3.05 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Monday, November 13th were given a $0.15 dividend. The ex-dividend date was Friday, November 10th. This represents a $0.60 annualized dividend and a dividend yield of 0.75%. Brink’s’s dividend payout ratio (DPR) is presently 37.04%.
In other Brink’s news, CEO Douglas A. Pertz bought 1,280 shares of the firm’s stock in a transaction dated Thursday, October 26th. The stock was acquired at an average price of $78.00 per share, with a total value of $99,840.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Ronald James Domanico acquired 3,000 shares of the business’s stock in a transaction that occurred on Thursday, October 26th. The shares were purchased at an average price of $77.49 per share, with a total value of $232,470.00. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 18,850 shares of company stock valued at $1,461,348. 10.40% of the stock is currently owned by insiders.
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Brink’s Company Profile
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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