Brink’s (NYSE:BCO) Hits New 52-Week High – Here’s What Happened

Brink’s Company (The) (NYSE:BCOGet Free Report)’s share price reached a new 52-week high on Thursday . The stock traded as high as $122.67 and last traded at $122.63, with a volume of 202904 shares changing hands. The stock had previously closed at $118.97.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Weiss Ratings upgraded Brink’s from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Zacks Research cut shares of Brink’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Get Our Latest Stock Report on BCO

Brink’s Stock Performance

The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 9.14. The stock has a market capitalization of $5.10 billion, a PE ratio of 31.41 and a beta of 1.10. The firm has a 50 day moving average price of $115.07 and a 200-day moving average price of $108.92.

Brink’s (NYSE:BCOGet Free Report) last released its quarterly earnings data on Wednesday, November 5th. The business services provider reported $2.08 EPS for the quarter, missing the consensus estimate of $2.09 by ($0.01). The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Brink’s had a return on equity of 93.16% and a net margin of 3.31%.The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.51 EPS. Brink’s has set its Q4 2025 guidance at 2.280-2.680 EPS. Research analysts expect that Brink’s Company will post 6.49 EPS for the current fiscal year.

Brink’s declared that its Board of Directors has approved a share buyback program on Thursday, December 11th that authorizes the company to buyback $750.00 million in shares. This buyback authorization authorizes the business services provider to purchase up to 15.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

Insider Activity

In other news, insider Michael E. Sweeney sold 1,418 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $119.50, for a total value of $169,451.00. Following the completion of the sale, the insider directly owned 5,755 shares of the company’s stock, valued at approximately $687,722.50. The trade was a 19.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.49% of the company’s stock.

Institutional Trading of Brink’s

A number of institutional investors have recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in shares of Brink’s in the second quarter valued at $45,512,000. Simcoe Capital Management LLC acquired a new stake in Brink’s during the 2nd quarter worth approximately $43,465,000. Fourth Sail Capital LP purchased a new stake in Brink’s during the 2nd quarter worth $25,135,000. Boston Partners grew its stake in shares of Brink’s by 80.3% in the second quarter. Boston Partners now owns 548,366 shares of the business services provider’s stock valued at $48,916,000 after buying an additional 244,242 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in Brink’s by 100.6% in the 2nd quarter. First Trust Advisors LP now owns 405,199 shares of the business services provider’s stock worth $36,180,000 after buying an additional 203,251 shares in the last quarter. Hedge funds and other institutional investors own 94.96% of the company’s stock.

Brink’s Company Profile

(Get Free Report)

The Brink’s Company (NYSE: BCO) is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink’s ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.

Brink’s armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.

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