Brink’s (NYSE:BCO) Hits New 52-Week High – Time to Buy?

Shares of Brink’s Company (The) (NYSE:BCO) reached a new 52-week high on Friday . The company traded as high as $127.48 and last traded at $126.76, with a volume of 78406 shares changing hands. The stock had previously closed at $126.63.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on BCO shares. Zacks Research lowered Brink’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings upgraded Brink’s from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Brink’s presently has a consensus rating of “Moderate Buy”.

Brink’s Price Performance

The company has a market capitalization of $5.27 billion, a P/E ratio of 32.44 and a beta of 1.10. The company has a fifty day moving average price of $119.41 and a 200 day moving average price of $112.47. The company has a debt-to-equity ratio of 9.14, a current ratio of 1.46 and a quick ratio of 1.46.

Brink’s (NYSE:BCO) last released its quarterly earnings results on Wednesday, November 5th. The business services provider reported $2.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.09 by ($0.01). Brink’s had a return on equity of 93.16% and a net margin of 3.31%.The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same period in the previous year, the company posted $1.51 EPS. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. Brink’s has set its Q4 2025 guidance at 2.280-2.680 EPS. On average, sell-side analysts forecast that Brink’s Company will post 6.49 EPS for the current fiscal year.

Brink’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Monday, February 2nd will be given a $0.255 dividend. This represents a $1.02 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, February 2nd. Brink’s’s dividend payout ratio (DPR) is 26.09%.

Brink’s declared that its Board of Directors has authorized a share repurchase plan on Thursday, December 11th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the business services provider to buy up to 15.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling at Brink’s

In related news, insider Michael E. Sweeney sold 1,418 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $119.50, for a total value of $169,451.00. Following the completion of the sale, the insider directly owned 5,755 shares in the company, valued at approximately $687,722.50. This represents a 19.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.49% of the company’s stock.

Institutional Investors Weigh In On Brink’s

Hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank bought a new position in shares of Brink’s in the second quarter worth about $45,512,000. Simcoe Capital Management LLC bought a new position in Brink’s during the 2nd quarter worth approximately $43,465,000. Fourth Sail Capital LP acquired a new stake in Brink’s during the 2nd quarter worth $25,135,000. Boston Partners grew its position in shares of Brink’s by 80.3% in the 2nd quarter. Boston Partners now owns 548,366 shares of the business services provider’s stock valued at $48,916,000 after purchasing an additional 244,242 shares during the period. Finally, First Trust Advisors LP lifted its holdings in shares of Brink’s by 100.6% in the second quarter. First Trust Advisors LP now owns 405,199 shares of the business services provider’s stock valued at $36,180,000 after purchasing an additional 203,251 shares in the last quarter. 94.96% of the stock is owned by institutional investors and hedge funds.

Brink’s Company Profile

The Brink’s Company (NYSE: BCO) is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink’s ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.

Brink’s armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.