Brink’s (NYSE:BCO – Get Free Report) updated its second quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.850-2.250 for the period, compared to the consensus EPS estimate of 2.010. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion.
Analysts Set New Price Targets
Several brokerages recently issued reports on BCO. The Goldman Sachs Group upped their price objective on shares of Brink’s from $129.00 to $145.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Wall Street Zen raised shares of Brink’s from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 15th. Finally, Truist Financial upped their price objective on shares of Brink’s from $138.00 to $163.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $154.00.
Check Out Our Latest Report on BCO
Brink’s Stock Performance
Brink’s (NYSE:BCO – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.21. The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.36 billion. Brink’s had a net margin of 3.80% and a return on equity of 89.90%. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. On average, sell-side analysts predict that Brink’s will post 8.89 EPS for the current year.
Brink’s Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 18th will be paid a dividend of $0.255 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $1.02 dividend on an annualized basis and a yield of 1.0%. Brink’s’s dividend payout ratio (DPR) is currently 21.75%.
Hedge Funds Weigh In On Brink’s
A number of large investors have recently bought and sold shares of BCO. Royal Bank of Canada raised its stake in Brink’s by 10.9% during the first quarter. Royal Bank of Canada now owns 54,678 shares of the business services provider’s stock worth $4,711,000 after purchasing an additional 5,359 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Brink’s by 3.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,098 shares of the business services provider’s stock worth $2,249,000 after purchasing an additional 852 shares during the period. United Services Automobile Association purchased a new position in Brink’s during the first quarter worth approximately $257,000. Quantbot Technologies LP purchased a new position in Brink’s during the second quarter worth approximately $178,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in Brink’s by 322.5% during the second quarter. Arrowstreet Capital Limited Partnership now owns 15,953 shares of the business services provider’s stock worth $1,424,000 after purchasing an additional 12,177 shares during the period. Hedge funds and other institutional investors own 94.96% of the company’s stock.
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.
Recommended Stories
Receive News & Ratings for Brink's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brink's and related companies with MarketBeat.com's FREE daily email newsletter.
