Brink's (BCO) Stock Price, News & Analysis

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brink's in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BCO shares.
View BCO analyst ratings or view top-rated stocks.

2 brokerages have issued 12 month price targets for Brink's' shares. Their BCO share price targets range from $103.00 to $110.00. On average, they predict the company's stock price to reach $106.50 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price.
View analysts price targets for BCO or view top-rated stocks among Wall Street analysts.

Brink's' stock was trading at $87.95 at the beginning of the year. Since then, BCO stock has increased by 3.0% and is now trading at $90.59.
View the best growth stocks for 2024 here.

Brink's saw a decline in short interest in March. As of March 31st, there was short interest totaling 1,050,000 shares, a decline of 17.3% from the March 15th total of 1,270,000 shares. Based on an average trading volume of 212,500 shares, the days-to-cover ratio is presently 4.9 days. Approximately 2.4% of the shares of the stock are sold short.
View Brink's' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our BCO earnings forecast.

Brink's will be holding an earnings conference call on Wednesday, May 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "2724238".

The Brink's Company (NYSE:BCO) released its quarterly earnings results on Thursday, February, 29th. The business services provider reported $2.76 EPS for the quarter, beating analysts' consensus estimates of $2.49 by $0.27. The business services provider earned $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. Brink's had a net margin of 1.77% and a trailing twelve-month return on equity of 55.36%. The firm's quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.10 earnings per share.

Brink's declared a quarterly dividend on Wednesday, May 1st. Stockholders of record on Monday, May 13th will be paid a dividend of $0.243 per share on Monday, June 3rd. This represents a $0.97 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date is Friday, May 10th. This is an increase from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for BCO.

Brink's (NYSE:BCO) pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.01%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 48.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BCO will have a dividend payout ratio of 9.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BCO.

ETFs with the largest weight of Brink's (NYSE:BCO) stock in their portfolio include Schwab Ariel ESG ETF (SAEF), Pacer US Export Leaders ETF (PEXL), Franklin U.S. Small Cap Multifactor Index ETF (FLQS) and Pacer US Cash Cows Growth ETF (BUL).JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC).

Brink's announced that its board has initiated a stock repurchase program on Thursday, November 2nd 2023, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 15.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Brink's updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of 7.300-8.000 for the period, compared to the consensus EPS estimate of 7.830. The company issued revenue guidance of $5.1 billion-$5.2 billion, compared to the consensus revenue estimate of $5.1 billion.

180 employees have rated Brink's Chief Executive Officer Douglas A. Pertz on Glassdoor.com. Douglas A. Pertz has an approval rating of 44% among the company's employees. This puts Douglas A. Pertz in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brink's investors own include Alibaba Group (BABA), AbbVie (ABBV), NVIDIA (NVDA), Boeing (BA), Energy Transfer (ET), Micron Technology (MU), AT&T (T), Applied Materials (AMAT), Intel (INTC) and Advanced Micro Devices (AMD).

Brink's' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (0.42%), Fourth Sail Capital LP (0.28%), BNP Paribas Financial Markets (0.22%), Kirr Marbach & Co. LLC IN (0.21%), New York State Teachers Retirement System (0.15%) and Sound Income Strategies LLC (0.13%). Insiders that own company stock include Arthelbert Louis Parker, Dominik Bossart, James K Parks, Keith R Wyche, Michael F Beech, Michael F Beech, Michael J Herling, Raphael J Shemanski, Raphael J Shemanski, Rohan Pal, Simon Davis and Timothy Joseph Tynan.
View institutional ownership trends.

Shares of BCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.