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 year. 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 analysts have issued 12-month price targets for Brink's' shares. Their BCO share price targets range from $90.00 to $92.00. On average, they predict the company's stock price to reach $91.00 in the next year. This suggests a possible upside of 3.5% 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 $53.71 on January 1st, 2023. Since then, BCO stock has increased by 63.7% and is now trading at $87.95.
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Brink's saw a increase in short interest in December. As of December 15th, there was short interest totaling 1,510,000 shares, an increase of 12.7% from the November 30th total of 1,340,000 shares. Based on an average daily volume of 263,200 shares, the days-to-cover ratio is currently 5.7 days. Approximately 3.4% of the shares of the company are sold short.
View Brink's' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our BCO earnings forecast.

The Brink's Company (NYSE:BCO) posted its earnings results on Tuesday, November, 7th. The business services provider reported $1.92 EPS for the quarter, topping the consensus estimate of $1.79 by $0.13. The business services provider earned $1.23 billion during the quarter, compared to the consensus estimate of $1.23 billion. Brink's had a net margin of 2.90% and a trailing twelve-month return on equity of 49.69%. The firm's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.34 EPS.

Brink's declared a quarterly dividend on Thursday, September 21st. Shareholders of record on Monday, November 6th will be given a dividend of $0.22 per share on Friday, December 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Friday, November 3rd.
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 0.99%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BCO will have a dividend payout ratio of 11.31% 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).JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC).

Brink's declared that its Board of Directors has authorized a share buyback 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 purchase up to 15.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

Brink's updated its FY 2023 earnings guidance on Tuesday, November, 7th. The company provided earnings per share guidance of $6.45-$7.15 for the period, compared to the consensus earnings per share estimate of $6.73. The company issued revenue guidance of $4.80 billion-$4.95 billion, compared to the consensus revenue estimate of $4.88 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).

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.
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