Brink's (NYSE:BCO) Hits New 12-Month Low - What's Next?

The Brink's Company (NYSE:BCO - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The company traded as low as $80.10 and last traded at $80.66, with a volume of 16543 shares. The stock had previously closed at $82.06.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Brink's from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 8th.

Brink's Trading Up 0.0%

The company has a 50 day moving average of $87.15 and a two-hundred day moving average of $90.27. The company has a debt-to-equity ratio of 8.76, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a market capitalization of $3.50 billion, a PE ratio of 31.57 and a beta of 1.42.

Brink's (NYSE:BCO - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The business services provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.19 by $0.43. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.21 billion. Brink's had a return on equity of 71.46% and a net margin of 2.37%. Brink's's revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.52 earnings per share. Sell-side analysts predict that The Brink's Company will post 6.49 EPS for the current year.

Brink's Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 19th were paid a $0.255 dividend. The ex-dividend date of this dividend was Monday, May 19th. This is a boost from Brink's's previous quarterly dividend of $0.24. This represents a $1.02 dividend on an annualized basis and a yield of 1.22%. Brink's's dividend payout ratio (DPR) is currently 27.57%.

Hedge Funds Weigh In On Brink's

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Mather Group LLC. boosted its stake in shares of Brink's by 146.2% during the 4th quarter. Mather Group LLC. now owns 293 shares of the business services provider's stock worth $27,000 after acquiring an additional 174 shares in the last quarter. Sierra Ocean LLC purchased a new position in Brink's in the 4th quarter valued at about $36,000. UMB Bank n.a. lifted its position in shares of Brink's by 1,450.0% during the first quarter. UMB Bank n.a. now owns 496 shares of the business services provider's stock worth $43,000 after purchasing an additional 464 shares during the last quarter. Hexagon Capital Partners LLC raised its stake in Brink's by 32.0% during the first quarter. Hexagon Capital Partners LLC now owns 536 shares of the business services provider's stock worth $46,000 after acquiring an additional 130 shares during the period. Finally, Golden State Wealth Management LLC acquired a new stake in Brink's during the fourth quarter worth about $55,000. Hedge funds and other institutional investors own 94.96% of the company's stock.

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.