Equities analysts expect Brink’s (NYSE:BCO) to post earnings of $0.71 per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Brink’s’ earnings. The highest EPS estimate is $0.71 and the lowest is $0.70. Brink’s posted earnings per share of $0.65 in the same quarter last year, which would suggest a positive year-over-year growth rate of 9.2%. The firm is scheduled to issue its next quarterly earnings report before the market opens on Wednesday, April 24th.
On average, analysts expect that Brink’s will report full year earnings of $4.21 per share for the current fiscal year, with EPS estimates ranging from $4.06 to $4.30. For the next year, analysts expect that the company will post earnings of $5.49 per share, with EPS estimates ranging from $5.00 to $6.08. Zacks’ EPS averages are an average based on a survey of sell-side research firms that cover Brink’s.
Brink’s (NYSE:BCO) last released its quarterly earnings data on Wednesday, February 6th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.05. The business had revenue of $907.70 million during the quarter, compared to analysts’ expectations of $925.06 million. Brink’s had a negative net margin of 0.96% and a positive return on equity of 68.11%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the company earned $0.95 EPS.
Separately, Zacks Investment Research cut shares of Brink’s from a “hold” rating to a “sell” rating in a research report on Tuesday, April 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. Brink’s has an average rating of “Hold” and a consensus price target of $96.67.
In other news, CEO Douglas A. Pertz acquired 5,000 shares of the firm’s stock in a transaction dated Friday, March 8th. The stock was acquired at an average cost of $72.65 per share, with a total value of $363,250.00. Following the transaction, the chief executive officer now owns 251,900 shares in the company, valued at $18,300,535. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Amit Zukerman sold 10,000 shares of the business’s stock in a transaction on Friday, February 8th. The shares were sold at an average price of $75.62, for a total transaction of $756,200.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have bought 18,000 shares of company stock valued at $1,309,720 and have sold 23,924 shares valued at $1,829,571. 1.05% of the stock is currently owned by insiders.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Quantamental Technologies LLC purchased a new stake in Brink’s in the fourth quarter valued at $44,000. NumerixS Investment Technologies Inc purchased a new stake in Brink’s in the fourth quarter valued at $44,000. Bremer Trust National Association purchased a new stake in Brink’s in the fourth quarter valued at $86,000. ETF Managers Group LLC lifted its position in Brink’s by 18.1% in the fourth quarter. ETF Managers Group LLC now owns 1,865 shares of the business services provider’s stock valued at $121,000 after acquiring an additional 286 shares during the last quarter. Finally, Ffcm LLC lifted its position in Brink’s by 1,899.1% in the fourth quarter. Ffcm LLC now owns 2,199 shares of the business services provider’s stock valued at $142,000 after acquiring an additional 2,089 shares during the last quarter. 98.36% of the stock is owned by hedge funds and other institutional investors.
Shares of Brink’s stock traded up $0.62 during trading on Friday, hitting $79.87. 71,221 shares of the stock were exchanged, compared to its average volume of 319,126. The stock has a market cap of $3.95 billion, a P/E ratio of 23.08, a price-to-earnings-growth ratio of 1.30 and a beta of 1.58. Brink’s has a 12-month low of $59.08 and a 12-month high of $85.00. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 8.83.
Brink’s Company Profile
The Brink's Company provides secure transportation, cash management, and other security-related services in North America, South America, and internationally. The company offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine (ATM) services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance; and network infrastructure services.
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