Brink's (NYSE:BCO) Upgraded to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Brink’s to “Buy” from “Hold.” MarketBeat reports an overall “Moderate Buy” rating, with an average analyst price target of $154.
• Brink’s reported quarterly EPS of $2.13, beating estimates of $2.04, while revenue rose 7% year over year to $1.39 billion.
• Brink’s shares opened at $111.29, with a $4.58 billion market capitalization; institutional investors own approximately 94.96% of the company.

Brink's (NYSE:BCO - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings downgraded shares of Brink's from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, October 8th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $154.00.

Brink's Price Performance

Shares of Brink's stock opened at $111.29 on Friday. The stock has a market cap of $4.58 billion, a price-to-earnings ratio of 13.01 and a beta of 0.97. The company has a debt-to-equity ratio of 8.80, a quick ratio of 1.62 and a current ratio of 1.62. The stock has a 50 day moving average price of $107.06 and a 200-day moving average price of $107.21. Brink's has a one year low of $91.05 and a one year high of $136.37.

Brink's (NYSE:BCO - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The business services provider reported $2.13 earnings per share for the quarter, topping analysts' consensus estimates of $2.04 by $0.09. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.39 billion. Brink's had a net margin of 3.30% and a return on equity of 87.18%. The firm's revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.79 EPS. Brink's has set its Q3 2026 guidance at 2.230-2.630 EPS. Equities analysts expect that Brink's will post 9.13 EPS for the current year.

Hedge Funds Weigh In On Brink's

Several large investors have recently modified their holdings of BCO. Hsbc Holdings PLC grew its holdings in shares of Brink's by 1.1% during the 2nd quarter. Hsbc Holdings PLC now owns 15,650 shares of the business services provider's stock worth $1,469,000 after acquiring an additional 169 shares during the period. Simplicity Wealth LLC boosted its holdings in shares of Brink's by 8.4% during the 1st quarter. Simplicity Wealth LLC now owns 2,594 shares of the business services provider's stock valued at $269,000 after purchasing an additional 200 shares during the last quarter. State of Michigan Retirement System grew its holdings in shares of Brink's by 2.0% in the first quarter. State of Michigan Retirement System now owns 9,977 shares of the business services provider's stock valued at $1,034,000 after purchasing an additional 200 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of Brink's by 29.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 950 shares of the business services provider's stock worth $111,000 after purchasing an additional 217 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its stake in shares of Brink's by 3.1% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 8,535 shares of the business services provider's stock worth $884,000 after acquiring an additional 260 shares in the last quarter. Hedge funds and other institutional investors own 94.96% of the company's stock.

Brink's Company Profile

Brink's Company NYSE: BCO is a global provider of security and logistics services. The company helps businesses, financial institutions, retailers, governments and other organizations protect, transport and manage cash, valuables and other high-value assets.

Its services include secure transportation, cash-in-transit operations, ATM replenishment and servicing, cash processing, vaulting, cash management and related payment services. Brink's also provides international logistics for precious metals, jewelry, gemstones, artwork and other valuables through its Brink's Global Services business.

Founded in 1859, Brink's serves customers across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region through a worldwide network of employees, vehicles and facilities.

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