Headlines about Brink's Company (NYSE:BCO) have been trending somewhat negative on Friday, according to AlphaOne Sentiment Analysis. The research group, a division of Accern, identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Brink's Company earned a media sentiment score of -0.04 on AlphaOne’s scale. AlphaOne also gave headlines about the business services provider an impact score of 53 out of 100, indicating that recent news coverage is somewhat likely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Alpha One Sentiment’s analysis:
- The Brink’s Co. : BCO-US: Dividend Analysis : May 18th, 2017 (record date) : By the numbers : May 18, 2017 (finance.yahoo.com)
- Brink's Company (BCO) Director Michael J. Herling Sells 2,000 Shares (americanbankingnews.com)
- Brink's Company (BCO) Insider Buys $585,600.00 in Stock (americanbankingnews.com)
- $727.8 Million in Sales Expected for Brink's Company (BCO) This Quarter (americanbankingnews.com)
Several brokerages recently weighed in on BCO. Zacks Investment Research cut Brink's Company from a “hold” rating to a “strong sell” rating in a research note on Friday, February 10th. SunTrust Banks, Inc. started coverage on Brink's Company in a report on Monday, February 27th. They set a “buy” rating for the company. Finally, Imperial Capital upped their target price on Brink's Company to $52.00 and gave the company an “in-line” rating in a report on Thursday, February 9th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $52.67.
Shares of Brink's Company (NYSE:BCO) opened at 60.00 on Friday. Brink's Company has a 52 week low of $26.86 and a 52 week high of $63.13. The company has a 50-day moving average price of $58.29 and a 200 day moving average price of $48.77. The stock has a market capitalization of $3.02 billion, a P/E ratio of 42.46 and a beta of 1.40.
Brink's Company (NYSE:BCO) last posted its earnings results on Wednesday, April 26th. The business services provider reported $0.57 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.18. The firm had revenue of $788.40 million for the quarter, compared to analyst estimates of $696.06 million. Brink's Company had a return on equity of 29.99% and a net margin of 1.14%. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.31 earnings per share. Analysts forecast that Brink's Company will post $2.64 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 1st. Stockholders of record on Thursday, May 18th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.00%. This is a positive change from Brink's Company’s previous quarterly dividend of $0.10. The ex-dividend date is Tuesday, May 16th. Brink's Company’s payout ratio is 58.82%.
In other news, insider Amit Zukerman sold 10,000 shares of the business’s stock in a transaction dated Friday, March 3rd. The stock was sold at an average price of $52.55, for a total value of $525,500.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Michael J. Herling sold 2,000 shares of the business’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $61.06, for a total value of $122,120.00. Following the completion of the sale, the director now owns 2,980 shares in the company, valued at $181,958.80. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 64,600 shares of company stock worth $3,447,369 and sold 2,300,854 shares worth $126,228,857. Insiders own 11.29% of the company’s stock.
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About Brink's Company
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.
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