Brink's (NYSE:BCO) Shares Cross Above 200 Day Moving Average - Here's Why

Key Points

• Brink’s shares crossed above their 200-day moving average, trading as high as $113.39 versus the $110.25 average, with the latest price near $111.09.
• Analysts maintain a “Moderate Buy” consensus, with a target price of $154.00. Brink’s also exceeded quarterly EPS expectations, reporting $2.13 versus the $2.04 consensus, while revenue rose 7% year over year to $1.39 billion.
• The company declared a quarterly dividend of $0.255 per share, equivalent to a $1.02 annualized payout and a 0.9% yield. Institutional investors own approximately 94.96% of Brink’s shares.

Brink's Company (The) (NYSE:BCO - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $110.25 and traded as high as $113.39. Brink's shares last traded at $111.0880, with a volume of 320,938 shares traded.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Wall Street Zen lowered Brink's from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 1st. Weiss Ratings upgraded Brink's from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, August 6th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $154.00.

Brink's Price Performance

The firm has a fifty day moving average of $109.43 and a two-hundred day moving average of $110.25. The stock has a market capitalization of $4.58 billion, a P/E ratio of 25.71 and a beta of 1.04. The company has a debt-to-equity ratio of 8.80, a current ratio of 1.62 and a quick ratio of 1.62.

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

Brink's Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, July 27th will be issued a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, July 27th. Brink's's dividend payout ratio (DPR) is presently 23.61%.

Institutional Trading of Brink's

A number of hedge funds have recently bought and sold shares of BCO. Turtle Creek Asset Management Inc. raised its holdings in Brink's by 82.6% in the first quarter. Turtle Creek Asset Management Inc. now owns 55,500 shares of the business services provider's stock worth $5,751,000 after purchasing an additional 25,100 shares in the last quarter. Hillsdale Investment Management Inc. bought a new stake in shares of Brink's in the 1st quarter valued at about $7,461,000. Principal Financial Group Inc. grew its position in shares of Brink's by 39.0% in the 1st quarter. Principal Financial Group Inc. now owns 126,050 shares of the business services provider's stock worth $13,063,000 after buying an additional 35,358 shares during the last quarter. K.J. Harrison & Partners Inc purchased a new position in shares of Brink's in the 4th quarter worth approximately $1,167,000. Finally, Engine Capital Management LP raised its stake in shares of Brink's by 1,237.6% during the 1st quarter. Engine Capital Management LP now owns 549,417 shares of the business services provider's stock worth $56,936,000 after acquiring an additional 508,343 shares in the last quarter. Hedge funds and other institutional investors own 94.96% of the company's stock.

Brink's Company Profile

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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