Brink’s (NYSE:BCO) released its earnings results on Wednesday. The business services provider reported $0.67 earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.79, MarketWatch Earnings reports. The company had revenue of $826.00 million for the quarter, compared to the consensus estimate of $724.88 million. Brink’s had a net margin of 0.50% and a return on equity of 99.81%. Brink’s’s revenue was down 9.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.84 EPS.

NYSE BCO traded down $2.13 during mid-day trading on Friday, reaching $44.16. 434,759 shares of the stock were exchanged, compared to its average volume of 726,068. The business’s 50 day moving average is $43.14 and its 200-day moving average is $57.81. Brink’s has a 1 year low of $33.17 and a 1 year high of $97.12. The company has a market capitalization of $2.23 billion, a P/E ratio of 131.00 and a beta of 1.24. The company has a debt-to-equity ratio of 13.01, a quick ratio of 1.37 and a current ratio of 1.62.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, July 27th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Friday, July 24th. Brink’s’s dividend payout ratio (DPR) is presently 15.42%.

In related news, SVP Raphael J. Shemanski acquired 2,000 shares of Brink’s stock in a transaction on Wednesday, May 13th. The stock was bought at an average cost of $34.12 per share, for a total transaction of $68,240.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Douglas A. Pertz bought 5,000 shares of Brink’s stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average price of $33.60 per share, with a total value of $168,000.00. Following the completion of the transaction, the chief executive officer now directly owns 380,940 shares of the company’s stock, valued at $12,799,584. The disclosure for this purchase can be found here. Insiders have purchased 12,234 shares of company stock worth $435,237 over the last three months. 3.24% of the stock is currently owned by insiders.

Several research firms have recently commented on BCO. Imperial Capital dropped their price objective on shares of Brink’s from $98.00 to $80.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Standpoint Research raised shares of Brink’s from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Zacks Investment Research raised shares of Brink’s from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Finally, SunTrust Banks dropped their price objective on shares of Brink’s from $115.00 to $80.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Brink’s currently has an average rating of “Buy” and a consensus price target of $92.20.

Brink’s Company Profile

The Brink's Company provides secure transportation, cash management, and other security-related services in North America, South America, and internationally. The company offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine (ATM) services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance; and network infrastructure services.

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Earnings History for Brink`s (NYSE:BCO)

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