Brink’s (NYSE:BCO) Initiates Stock Buyback Plan

Brink’s (NYSE:BCO) announced that its Board of Directors has approved a stock buyback program on Thursday, December 11th, RTT News reports. The company plans to buyback $750.00 million in outstanding shares. This buyback authorization allows the business services provider to buy up to 15.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

Brink’s Stock Performance

BCO stock traded up $3.71 during trading hours on Thursday, hitting $120.90. 321,901 shares of the stock were exchanged, compared to its average volume of 238,295. Brink’s has a 12 month low of $80.10 and a 12 month high of $122.50. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 9.14. The firm has a market capitalization of $5.02 billion, a P/E ratio of 30.92 and a beta of 1.11. The company has a 50-day simple moving average of $112.99 and a two-hundred day simple moving average of $104.18.

Brink’s (NYSE:BCO) last posted its quarterly earnings data on Wednesday, November 5th. The business services provider reported $2.08 EPS for the quarter, missing analysts’ consensus estimates of $2.09 by ($0.01). Brink’s had a return on equity of 93.16% and a net margin of 3.31%.The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter last year, the business earned $1.51 EPS. Brink’s’s revenue was up 6.0% on a year-over-year basis. Brink’s has set its Q4 2025 guidance at 2.280-2.680 EPS. On average, analysts forecast that Brink’s will post 6.49 earnings per share for the current fiscal year.

Brink’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 3rd were paid a $0.255 dividend. The ex-dividend date was Monday, November 3rd. This represents a $1.02 annualized dividend and a dividend yield of 0.8%. Brink’s’s payout ratio is currently 26.09%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on BCO shares. Zacks Research lowered shares of Brink’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Weiss Ratings upgraded Brink’s from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Brink’s presently has a consensus rating of “Moderate Buy”.

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.