BCO Stock Summary and Trading Ideas (Brink's | NYSE:BCO)

The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses.

Brink's trades on the NYSE stock market under the symbol BCO.

As of April 19, 2024, BCO stock price climbed to $87.04 with 143,445 million shares trading.

BCO has a beta of 1.09, meaning it tends to be more sensitive to market movements. BCO has a correlation of 0.35 to the broad based SPY ETF.

BCO has a market cap of $3.89 billion. This is considered a Mid Cap stock.

Last quarter Brink's reported $1 billion in Revenue and $2.76 earnings per share. This fell short of revenue expectation by $-1 million and exceeded earnings estimates by $.23.

In the last 3 years, BCO stock traded as high as $93.25 and as low as $48.38.

The top ETF exchange traded funds that BCO belongs to (by Net Assets): VTI, IJH, VB, IWM, VBR.

BCO has outperformed the market in the last year with a price return of +33.2% while the SPY ETF gained +21.2%. BCO has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +6.6% and -1.7%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

BCO support price is $84.89 and resistance is $87.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BCO stock will trade within this expected range on the day.