Brink's (NYSE:BCO) – Analysts at Imperial Capital increased their FY2017 earnings per share estimates for Brink's in a research report issued to clients and investors on Thursday. Imperial Capital analyst J. Kessler now expects that the business services provider will post earnings per share of $3.05 for the year, up from their previous estimate of $3.02. Imperial Capital currently has a “Outperform” rating and a $100.00 price objective on the stock. Imperial Capital also issued estimates for Brink's’ Q4 2017 earnings at $1.02 EPS, Q1 2018 earnings at $0.71 EPS, Q2 2018 earnings at $0.76 EPS, Q3 2018 earnings at $1.03 EPS, Q4 2018 earnings at $1.22 EPS, FY2018 earnings at $3.71 EPS, Q1 2019 earnings at $0.97 EPS, Q2 2019 earnings at $0.98 EPS, Q3 2019 earnings at $1.26 EPS, Q4 2019 earnings at $1.49 EPS and FY2019 earnings at $4.70 EPS.

Brink's (NYSE:BCO) last issued its quarterly earnings results on Wednesday, October 25th. The business services provider reported $0.83 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.08. The business had revenue of $849.50 million during the quarter, compared to the consensus estimate of $841.57 million. Brink's had a net margin of 2.51% and a return on equity of 35.15%. The firm’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.64 EPS.

Several other equities research analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Brink's from a “buy” rating to a “hold” rating in a research report on Friday. Sidoti upgraded shares of Brink's from a “neutral” rating to a “buy” rating in a research report on Thursday, January 11th. ValuEngine downgraded shares of Brink's from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, SunTrust Banks restated a “buy” rating and issued a $98.00 price target on shares of Brink's in a research report on Wednesday, October 18th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $97.25.

Shares of Brink's (NYSE BCO) opened at $85.85 on Friday. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market cap of $4,330.00, a P/E ratio of 52.99, a P/E/G ratio of 1.09 and a beta of 1.71. Brink's has a 12-month low of $42.28 and a 12-month high of $87.89.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 8th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, February 7th. This represents a $0.60 annualized dividend and a yield of 0.70%. Brink's’s dividend payout ratio is presently 37.04%.

In related news, insider Douglas A. Pertz acquired 6,570 shares of the company’s stock in a transaction on Thursday, November 2nd. The shares were purchased at an average price of $76.18 per share, for a total transaction of $500,502.60. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Ronald James Domanico acquired 3,000 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was bought at an average price of $76.85 per share, for a total transaction of $230,550.00. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 18,850 shares of company stock worth $1,461,348. Company insiders own 10.40% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in BCO. Tower Research Capital LLC TRC increased its stake in Brink's by 285.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,540 shares of the business services provider’s stock valued at $103,000 after buying an additional 1,140 shares during the period. Cypress Capital Management LLC WY acquired a new position in Brink's in the 3rd quarter valued at approximately $122,000. Meeder Asset Management Inc. acquired a new position in Brink's in the 3rd quarter valued at approximately $128,000. Riverhead Capital Management LLC increased its stake in Brink's by 51.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,429 shares of the business services provider’s stock valued at $163,000 after buying an additional 829 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in Brink's by 493.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,678 shares of the business services provider’s stock valued at $180,000 after buying an additional 2,227 shares during the period. Hedge funds and other institutional investors own 90.55% of the company’s stock.

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About Brink's

The Brink’s Company (Brink’s) is a provider of logistics and security solutions. The Company operates through nine segments: U.S., France, Mexico, Brazil, Canada, Latin America, EMEA, Asia and Payment Services. The Company’s solutions include cash-in-transit (CIT), automated teller machine (ATM) replenishment and maintenance, cash management services, including vault outsourcing, money processing, and intelligent safe services, international transportation of valuables, and payment services.

Earnings History and Estimates for Brink's (NYSE:BCO)

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