Brink’s (NYSE:BCO) Share Price Breaks Below 50 Day Moving Average – What’s Next?

Brink’s Company (The) (NYSE:BCO – Get Free Report)’s share price passed below its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $106.84 and traded as low as $98.85. Brink’s shares last traded at $100.1460, with a volume of 801,250 shares changing hands.

Wall Street Analyst Weigh In

BCO has been the subject of a number of analyst reports. Wall Street Zen raised shares of Brink’s from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. Weiss Ratings cut shares of Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $154.00.

Check Out Our Latest Research Report on BCO

Brink’s Price Performance

The company has a debt-to-equity ratio of 8.80, a quick ratio of 1.62 and a current ratio of 1.62. The firm has a market cap of $4.13 billion, a P/E ratio of 23.18 and a beta of 0.97. The company has a 50-day moving average of $106.84 and a 200 day moving average of $110.80.

Brink’s (NYSE:BCO – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The business services provider reported $2.13 EPS for the quarter, beating the consensus estimate of $2.04 by $0.09. Brink’s had a return on equity of 87.18% and a net margin of 3.30%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the firm earned $1.79 EPS. Brink’s’s quarterly revenue was up 7.0% on a year-over-year basis. Brink’s has set its Q3 2026 guidance at 2.230-2.630 EPS. On average, sell-side analysts anticipate that Brink’s Company will post 9.13 EPS for the current year.

Brink’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 2nd will be issued a dividend of $0.2550 per share. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.0%. Brink’s’s dividend payout ratio (DPR) is presently 23.61%.

Institutional Investors Weigh In On Brink’s

Several large investors have recently made changes to their positions in BCO. Verdence Capital Advisors LLC lifted its holdings in Brink’s by 1.0% during the 3rd quarter. Verdence Capital Advisors LLC now owns 9,822 shares of the business services provider’s stock valued at $992,000 after purchasing an additional 94 shares during the last quarter. Hsbc Holdings PLC boosted its position in Brink’s by 1.1% in the second quarter. Hsbc Holdings PLC now owns 15,650 shares of the business services provider’s stock valued at $1,469,000 after buying an additional 169 shares in the last quarter. Simplicity Wealth LLC boosted its position in Brink’s by 8.4% in the first quarter. Simplicity Wealth LLC now owns 2,594 shares of the business services provider’s stock valued at $269,000 after buying an additional 200 shares in the last quarter. State of Michigan Retirement System boosted its position in Brink’s by 2.0% in the first quarter. State of Michigan Retirement System now owns 9,977 shares of the business services provider’s stock valued at $1,034,000 after buying an additional 200 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in Brink’s by 29.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 950 shares of the business services provider’s stock worth $111,000 after buying an additional 217 shares during the last quarter. Institutional investors own 94.96% of the company’s stock.

About Brink’s

(Get Free Report)

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

Its services include secure transportation, cash-in-transit operations, ATM replenishment and servicing, cash processing, vaulting, cash management and related payment services. Brink’s also provides international logistics for precious metals, jewelry, gemstones, artwork and other valuables through its Brink’s Global Services business.

Founded in 1859, Brink’s serves customers across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region through a worldwide network of employees, vehicles and facilities.

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.