Brink’s (NYSE:BCO) Stock Dropped to Hold by Wall Street Zen

Wall Street Zen lowered shares of Brink’s (NYSE:BCO) from a buy rating to a hold rating in a research report report published on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings upgraded shares of Brink’s from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, August 6th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.00.

Brink’s Trading Up 1.1%

NYSE BCO opened at $107.03 on Friday. The business’s 50-day moving average price is $112.24 and its two-hundred day moving average price is $107.19. Brink’s has a 12 month low of $91.05 and a 12 month high of $136.37. The firm has a market capitalization of $4.41 billion, a PE ratio of 24.77 and a beta of 1.03. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 8.80.

Brink’s (NYSE:BCO) last issued its quarterly earnings data on Wednesday, August 5th. The business services provider reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.09. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.39 billion. Brink’s had a return on equity of 87.18% and a net margin of 3.30%.The firm’s revenue was up 7.0% compared to the same quarter last year. During the same period last year, the company earned $1.79 earnings per share. Brink’s has set its Q3 2026 guidance at 2.230-2.630 EPS. On average, analysts expect that Brink’s will post 9.13 EPS for the current year.

Brink’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, July 27th were paid a $0.2550 dividend. The ex-dividend date of this dividend was Monday, July 27th. This represents a $1.02 annualized dividend and a yield of 1.0%. Brink’s’s payout ratio is 23.61%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. First Trust Advisors LP boosted its stake in Brink’s by 5.3% during the first quarter. First Trust Advisors LP now owns 862,692 shares of the business services provider’s stock worth $89,401,000 after acquiring an additional 43,311 shares in the last quarter. Engine Capital Management LP raised its holdings in shares of Brink’s by 1,237.6% during the first quarter. Engine Capital Management LP now owns 549,417 shares of the business services provider’s stock valued at $56,936,000 after purchasing an additional 508,343 shares during the period. Norges Bank acquired a new position in shares of Brink’s during the fourth quarter valued at about $61,105,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Brink’s by 385,161.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 446,903 shares of the business services provider’s stock worth $52,167,000 after purchasing an additional 446,787 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of Brink’s during the 2nd quarter worth about $31,028,000. Institutional investors and hedge funds own 94.96% of the company’s stock.

About Brink’s

Brink’s Company (NYSE: BCO) is a global provider of secure logistics and security services. The company helps businesses, financial institutions, retailers, governments and other organizations manage, transport and protect cash and other valuable assets.

Its services include cash-in-transit transportation, cash processing and vaulting, automated teller machine replenishment and maintenance, and other cash-management solutions. Brink’s also provides secure logistics for high-value goods, including jewelry, precious metals, electronics and other specialized shipments, as well as payment and related technology services in selected markets.

Founded in 1859, Brink’s has grown from a domestic armored transportation business into an international security-services company.