Q1 2017 Earnings Estimate for Brink’s Company (The) Issued By Imperial Capital (BCO)

Brink’s Company (The) (NYSE:BCO) – Investment analysts at Imperial Capital lowered their Q1 2017 earnings estimates for shares of Brink’s Company (The) in a note issued to investors on Thursday. Imperial Capital analyst J. Kessler now forecasts that the brokerage will post earnings per share of $0.40 for the quarter, down from their previous estimate of $0.57. Imperial Capital currently has a “In-Line” rating and a $52.00 target price on the stock. Imperial Capital also issued estimates for Brink’s Company (The)’s Q3 2017 earnings at $0.71 EPS, Q4 2017 earnings at $0.88 EPS, Q4 2018 earnings at $0.98 EPS and FY2018 earnings at $2.86 EPS.

Brink’s Company (The) (NYSE:BCO) last issued its quarterly earnings results on Wednesday, February 8th. The company reported $0.87 EPS for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.15. The company earned $768 million during the quarter, compared to the consensus estimate of $735.34 million. Brink’s Company (The) had a return on equity of 29.99% and a net margin of 1.14%. Brink’s Company (The)’s revenue was up 5.0% on a year-over-year basis. During the same period last year, the business posted $0.55 earnings per share. COPYRIGHT VIOLATION NOTICE: This news story was first published by sleekmoney and is owned by of sleekmoney. If you are accessing this news story on another website, it was stolen and republished in violation of US & international copyright and trademark laws. The legal version of this news story can be read at http://sleekmoney.com/q1-2017-earnings-estimate-for-brinks-company-the-issued-by-imperial-capital-bco/1657323.html.

Earnings History and Estimates for Brink`s Company (The) (NYSE:BCO)

BCO has been the topic of a number of other research reports. Zacks Investment Research upgraded Brink’s Company (The) from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a report on Monday, October 31st. Gabelli cut Brink’s Company (The) from a “buy” rating to a “hold” rating in a research report on Monday, November 28th. Macquarie raised Brink’s Company (The) from a “neutral” rating to an “outperform” rating in a research report on Monday, December 12th. Finally, TheStreet raised Brink’s Company (The) from a “hold” rating to a “buy” rating in a research report on Monday, November 28th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. Brink’s Company (The) has an average rating of “Hold” and an average price target of $43.00.

Shares of Brink’s Company (NYSE:BCO) opened at 52.45 on Monday. Brink’s Company has a 12 month low of $26.86 and a 12 month high of $52.85. The company’s 50 day moving average price is $43.55 and its 200-day moving average price is $39.45. The stock has a market capitalization of $2.62 billion, a P/E ratio of 76.46 and a beta of 1.40.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 1st. Stockholders of record on Thursday, February 9th will be given a $0.10 dividend. The ex-dividend date is Tuesday, February 7th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.76%. Brink’s Company (The)’s dividend payout ratio is currently 58.82%.

COPYRIGHT VIOLATION NOTICE: This news story was first published by sleekmoney and is owned by of sleekmoney. If you are accessing this news story on another website, it was stolen and republished in violation of US & international copyright and trademark laws. The legal version of this news story can be read at http://sleekmoney.com/q1-2017-earnings-estimate-for-brinks-company-the-issued-by-imperial-capital-bco/1657323.html.

Several hedge funds have recently modified their holdings of the company. Teacher Retirement System of Texas boosted its position in Brink’s Company (The) by 8.1% in the second quarter. Teacher Retirement System of Texas now owns 6,171 shares of the company’s stock valued at $176,000 after buying an additional 461 shares during the period. Public Employees Retirement System of Ohio boosted its position in Brink’s Company (The) by 3.2% in the second quarter. Public Employees Retirement System of Ohio now owns 6,257 shares of the company’s stock valued at $178,000 after buying an additional 193 shares during the period. CIBC Asset Management Inc acquired a new position in Brink’s Company (The) during the third quarter valued at about $206,000. Walleye Trading LLC boosted its position in Brink’s Company (The) by 486.2% in the second quarter. Walleye Trading LLC now owns 8,420 shares of the company’s stock valued at $240,000 after buying an additional 10,600 shares during the period. Finally, Point View Wealth Management Inc. acquired a new position in Brink’s Company (The) during the third quarter valued at about $245,000. 93.20% of the stock is currently owned by hedge funds and other institutional investors.

Brink’s Company (The) Company Profile

The Brink’s Company (Brink’s) is a provider of logistics and security solutions. The Company’s solutions include cash-in-transit, automated teller machine (ATM) replenishment and maintenance, international transportation of valuables, cash management and payment services, to financial institutions, retailers, government agencies (including central banks), mints, jewelers and other commercial operations around the world.

5 Day Chart for NYSE:BCO

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