Brink’s Company (The) (NYSE:BCO – Get Free Report) declared a quarterly dividend on Thursday, October 1st. Stockholders of record on Monday, November 2nd will be given a dividend of $0.2550 per share by the business services provider on Tuesday, December 1st. This represents a $1.02 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, November 2nd.
Brink’s has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Brink’s has a payout ratio of 11.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Brink’s to earn $10.15 per share next year, which means the company should continue to be able to cover its $1.02 annual dividend with an expected future payout ratio of 10.0%.
Brink’s Price Performance
Shares of Brink’s stock opened at $100.15 on Friday. The firm has a market cap of $4.13 billion, a P/E ratio of 23.15 and a beta of 0.97. The firm’s 50-day simple moving average is $110.71 and its 200-day simple moving average is $106.95. Brink’s has a twelve month low of $91.05 and a twelve month high of $136.37. The company has a debt-to-equity ratio of 8.80, a quick ratio of 1.62 and a current ratio of 1.62.
Analyst Upgrades and Downgrades
BCO has been the topic of a number of research reports. Weiss Ratings upgraded shares of Brink’s from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 6th. Wall Street Zen downgraded shares of Brink’s from a “buy” rating to a “hold” rating in a research note on Saturday, September 26th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $154.00.
Get Our Latest Research Report on Brink’s
Brink’s Company Profile
Brink’s Company (NYSE:BCO) is a global provider of security and cash-management services. The company transports, processes and safeguards cash and other valuable assets for financial institutions, retailers, governments and other commercial customers.
Its services include cash-in-transit, cash processing, ATM replenishment and maintenance, vault outsourcing, and related cash-management solutions. Through Brink’s Global Services, the company also provides secure transportation and logistics for high-value goods, including precious metals, jewelry, gemstones, electronics and other valuables.
Founded in 1859 by Perry Brink, the company has grown from a U.S.
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