Brink’s (BCO) Expected to Announce Quarterly Earnings on Wednesday

Brink’s (NYSE:BCO) is projected to release its earnings data before the market opens on Wednesday, February 26th. Analysts expect Brink’s to post earnings of $1.86 per share and revenue of $1.25 billion for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Brink’s Trading Up 0.6 %

BCO opened at $92.21 on Tuesday. The business has a 50 day simple moving average of $92.42 and a two-hundred day simple moving average of $99.80. The firm has a market capitalization of $4.02 billion, a price-to-earnings ratio of 34.93 and a beta of 1.39. The company has a debt-to-equity ratio of 8.76, a current ratio of 1.57 and a quick ratio of 1.57. Brink’s has a one year low of $79.20 and a one year high of $115.91.

Brink’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 3rd will be given a dividend of $0.2425 per share. This represents a $0.97 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Monday, February 3rd. Brink’s’s payout ratio is 36.74%.

Analysts Set New Price Targets

Separately, Truist Financial lowered their price target on Brink’s from $144.00 to $138.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Three research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Brink’s presently has an average rating of “Buy” and an average target price of $120.50.

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.