The Brink's Company (NYSE:BCO - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $82.78 and last traded at $83.65, with a volume of 415188 shares. The stock had previously closed at $85.81.
Analyst Ratings Changes
Separately, StockNews.com downgraded Brink's from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 8th.
Check Out Our Latest Analysis on Brink's
Brink's Price Performance
The company's fifty day moving average is $91.01 and its two-hundred day moving average is $97.48. 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 firm has a market capitalization of $3.78 billion, a price-to-earnings ratio of 33.21 and a beta of 1.42.
Brink's (NYSE:BCO - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The business services provider reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.26. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.25 billion. Brink's had a return on equity of 71.46% and a net margin of 2.37%. Equities research analysts anticipate that The Brink's Company will post 6.49 earnings per share for the current fiscal year.
Brink's Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 3rd were paid a $0.2425 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $0.97 annualized dividend and a yield of 1.11%. Brink's's dividend payout ratio is 26.87%.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its stake in Brink's by 114.1% in the fourth quarter. Wellington Management Group LLP now owns 149,222 shares of the business services provider's stock valued at $13,843,000 after acquiring an additional 79,529 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in Brink's during the 4th quarter worth approximately $220,000. Brucke Financial Inc. bought a new position in Brink's in the 4th quarter valued at approximately $351,000. Jefferies Financial Group Inc. acquired a new stake in Brink's in the fourth quarter valued at approximately $430,000. Finally, Vise Technologies Inc. boosted its position in Brink's by 3.4% in the fourth quarter. Vise Technologies Inc. now owns 5,656 shares of the business services provider's stock valued at $525,000 after buying an additional 188 shares in the last quarter. Institutional investors own 94.96% of the company's stock.
About Brink's
(
Get Free Report)
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.
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