Brink’s (NYSE:BCO) Issues Quarterly Earnings Results

Brink’s (NYSE:BCO) posted its quarterly earnings data on Wednesday. The business services provider reported $2.12 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.26, Zacks reports. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.25 billion. Brink’s had a net margin of 2.37% and a return on equity of 71.46%. Brink’s updated its Q1 2025 guidance to 1.100-1.400 EPS.

Brink’s Price Performance

Shares of Brink’s stock traded up $0.88 during midday trading on Friday, reaching $92.89. The company had a trading volume of 84,850 shares, compared to its average volume of 224,816. The stock has a fifty day simple moving average of $92.61 and a 200 day simple moving average of $99.71. Brink’s has a 1-year low of $80.95 and a 1-year high of $115.91. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 8.76. The company has a market capitalization of $4.05 billion, a price-to-earnings ratio of 35.18 and a beta of 1.39.

Brink’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 3rd will be given a dividend of $0.2425 per share. The ex-dividend date is Monday, February 3rd. This represents a $0.97 dividend on an annualized basis and a dividend yield of 1.04%. Brink’s’s payout ratio is 36.74%.

Wall Street Analyst Weigh In

Separately, Truist Financial dropped their price target on Brink’s from $144.00 to $138.00 and set a “buy” rating for the company in a report on Thursday, November 7th. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Brink’s has a consensus rating of “Buy” and a consensus target price of $120.50.

Brink’s Company Profile

The Brink’s Co engages in providing cash management services, digital retail solutions, and ATM managed services. It operates through the following geographical segments: North America, Latin America, Europe, and Rest of World. The North America segment operates in the U.S. and Canada. The Latin America segment refers to the operations in Latin American countries.