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

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

Brink’s Stock Performance

Shares of BCO stock opened at $91.68 on Monday. The firm has a 50-day moving average of $92.51 and a 200-day moving average of $99.82. The company has a market cap of $4.00 billion, a P/E ratio of 34.73 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 3rd will be issued a $0.2425 dividend. The ex-dividend date is Monday, February 3rd. This represents a $0.97 annualized dividend and a dividend yield of 1.06%. Brink’s’s dividend payout ratio is currently 36.74%.

Wall Street Analysts Forecast Growth

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