Brink’s (BCO) to Release Quarterly Earnings on Wednesday

Brink’s (NYSE:BCO) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.86 per share and revenue of $1.25 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Brink’s Trading Up 0.6 %

Shares of BCO stock opened at $92.21 on Tuesday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 8.76. The business has a 50-day moving average price of $92.42 and a two-hundred day moving average price of $99.80. Brink’s has a 12-month low of $79.20 and a 12-month high of $115.91. The firm has a market cap of $4.02 billion, a P/E ratio of 34.93 and a beta of 1.39.

Brink’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.2425 per share. This represents a $0.97 annualized dividend and a yield of 1.05%. The ex-dividend date is Monday, February 3rd. Brink’s’s dividend payout ratio (DPR) is currently 36.74%.

Analyst Ratings Changes

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