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In a challenging economic climate, Brink’s Company (NYSE:BCO) stock has touched a 52-week low, dipping to $83.31. According to InvestingPro analysis, the stock appears undervalued at current levels, with management actively buying back shares. The security and protection services provider, known for its armored transportation and cash management services, has faced headwinds that have pressured its stock price over the past year, despite maintaining strong financials with a healthy current ratio of 1.52. Despite a robust business model that caters to financial institutions and retailers requiring secure logistics, Brink’s has not been immune to the broader market trends that have seen many stocks retreat from their highs. This latest price level reflects a modest decline, with the company maintaining its 37-year streak of consistent dividend payments and generating $5 billion in revenue over the last twelve months. InvestingPro has identified 8 additional key investment factors for BCO, available in the comprehensive Pro Research Report.
In other recent news, The Brink’s Company reported its fourth-quarter earnings, which fell short of analyst expectations but demonstrated strong organic growth. The company posted adjusted earnings per share of $2.12, missing the consensus estimate of $2.48. Revenue for the quarter was $1.26 billion, slightly below the anticipated $1.3 billion, yet it marked a 1% year-over-year increase and an impressive 11% organic growth. For the full year 2024, Brink’s achieved record revenue of $5.01 billion, reflecting a 3% increase from the previous year and 12% organic growth. Particularly notable was the 23% organic growth in its ATM managed services and digital retail solutions segment. The company provided guidance for the first quarter of 2025, projecting revenue between $1.2 billion and $1.25 billion and adjusted EPS of $1.10 to $1.40, compared to analyst estimates of $1.23 billion and $1.37, respectively. Brink’s also reported robust cash generation in 2024, with $426 million in cash from operations and $400 million in free cash flow. Additionally, the company returned $245 million to shareholders while successfully reducing net leverage.
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