Is Brink’s Company (BCO) a Buy? The Stock Reaches All-Time High Today

October 13, 2017 - By Vivian Currie

Investors sentiment decreased to 1.04 in Q2 2017. Its down 0.21, from 1.25 in 2017Q1. It dived, as 28 investors sold Brink’s Company shares while 81 reduced holdings. 50 funds opened positions while 63 raised stakes. 45.23 million shares or 3.99% more from 43.49 million shares in 2017Q1 were reported.
75,500 are owned by Swiss Financial Bank. Starboard Value Ltd Partnership reported 3.35% in Brink’s Company (NYSE:BCO). Alphamark Advsr Ltd Liability Corp holds 0% of its portfolio in Brink’s Company (NYSE:BCO) for 90 shares. Mesirow Finance Inv owns 256,342 shares or 1.15% of their US portfolio. 22,618 were reported by Prtn Cap Mngmt Limited Liability. State Street holds 0.01% in Brink’s Company (NYSE:BCO) or 1.14 million shares. Deutsche State Bank Ag invested in 221,753 shares or 0.01% of the stock. Paloma Prns Mgmt stated it has 0.01% in Brink’s Company (NYSE:BCO). Ftb Advsr holds 0.03% of its portfolio in Brink’s Company (NYSE:BCO) for 3,007 shares. Hutchin Hill Capital Lp has 13,100 shares for 0.03% of their portfolio. Legal And General Group Pcl has invested 0.01% in Brink’s Company (NYSE:BCO). Goldman Sachs Group Inc invested in 111,643 shares. Gotham Asset Mngmt Ltd Liability Corp reported 0.02% stake. Creative Planning holds 0% or 153 shares in its portfolio. Zuckerman Investment Group Inc Lc accumulated 9.03% or 504,128 shares.

Since May 1, 2017, it had 1 buy, and 5 sales for $82.45 million activity. Another trade for 400,000 shares valued at $25.31M was made by Feld Peter A on Wednesday, May 31. 935 shares were sold by Colan Thomas, worth $58,251. Pertz Douglas A had bought 9,600 shares worth $585,630 on Friday, May 12.

The stock of Brink’s Company (NYSE:BCO) reached all time high today, Oct, 13 and still has $93.85 target or 9.00 % above today’s $86.10 share price. This indicates more upside for the $4.36 billion company. This technical setup was reported by Barchart.com. If the $93.85 PT is reached, the company will be worth $392.40 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

About 224,866 shares traded. Brink’s Company (NYSE:BCO) has risen 110.61% since October 13, 2016 and is uptrending. It has outperformed by 93.91% the S&P500.

Analysts expect Brink’s Company (NYSE:BCO) to report $0.75 EPS on October, 25.They anticipate $0.11 EPS change or 17.19 % from last quarter’s $0.64 EPS. BCO’s profit would be $37.98 million giving it 28.70 P/E if the $0.75 EPS is correct. After having $0.64 EPS previously, Brink’s Company’s analysts see 17.19 % EPS growth.

Brink’s Company (NYSE:BCO) Ratings Coverage

Among 3 analysts covering Brink’s Company (NYSE:BCO), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Brink’s Company had 10 analyst reports since August 4, 2015 according to SRatingsIntel. The company was upgraded on Monday, December 12 by Macquarie Research. The rating was maintained by Imperial Capital with “In-Line” on Thursday, February 9. Imperial Capital upgraded the stock to “Buy” rating in Wednesday, August 9 report. The firm has “In-Line” rating by Imperial Capital given on Friday, October 28. As per Tuesday, August 4, the company rating was downgraded by Zacks. SunTrust maintained the shares of BCO in report on Thursday, September 28 with “Buy” rating. Macquarie Research maintained Brink’s Company (NYSE:BCO) rating on Friday, September 16. Macquarie Research has “Neutral” rating and $38 target. Imperial Capital maintained Brink’s Company (NYSE:BCO) on Thursday, May 25 with “In-Line” rating. On Friday, May 20 the stock rating was maintained by Imperial Capital with “In-Line”. As per Tuesday, February 28, the company rating was initiated by SunTrust.

More notable recent Brink’s Company (NYSE:BCO) news were published by: Globenewswire.com which released: “Brink’s Third-Quarter Earnings Release and Conference Call Scheduled for …” on October 11, 2017, also Globenewswire.com with their article: “Brink’s Prices $600 Million Senior Notes Offering” published on October 05, 2017, Benzinga.com published: “Jim Cramer Advises His Viewers On CVS Health Corp And Brink’s Company” on September 29, 2017. More interesting news about Brink’s Company (NYSE:BCO) were released by: Globenewswire.com and their article: “Brink’s Announces Plans for $1.5 Billion Credit Facility” published on September 29, 2017 as well as Nasdaq.com‘s news article titled: “Anatomy of Success: The Brinks Company (BCO)” with publication date: September 13, 2017.

The Brink’s Company is a provider of logistics and security solutions. The company has market cap of $4.36 billion. The Firm operates through nine divisions: U.S., France, Mexico, Brazil, Canada, Latin America, EMEA, Asia and Payment Services. It has a 50.28 P/E ratio. 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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