Stock Entry Point Article​

The Brink’s Company – 2021 Security Stock

Brink’s is among the top global security businesses. Its core business is cash management. However, it also offers other value-added services in the security of high-value items, protection of strategic locations, and other payment-related services. Its primary competitors include multinational companies like Loomis, Garda World Security, and Prosegur. Reputation and track record are critical in the successful acquisition and retention of clients in this industry. Few companies bring those qualities to the table. Therefore, if you are looking for security stocks to invest in, then established businesses like Brink’s Company are options worth considering. In general, increased economic activity is a positive for the security and cash management businesses. However, the sector is not very heavily influenced by economic cycles. It is somewhat of a relatively low-volatile business when compared to other sectors. Brink’s has customers in more than 100 countries and, therefore, benefits from geographic diversification as well.

Brink’s Reports Q22021 Earnings Numbers

On 22nd July 2021, Brink’s Company reported its second-quarter 2021 earnings numbers. Revenues were up from $826 million in Q22020 to over $1 billion, a rise of 27% year on year. Operating profit was up from $73 million in Q22020 to $111 million, substantial growth of 51% year-on-year. Meanwhile, earnings per share jumped from $0.73 per in Q22020 to $1.11 per share. The North-American business experienced revenue growth of 30%, while the European business saw revenues rise by 37%. The Rest of The World’s business grew by 23%, while Latin America experienced revenue growth of 18%. Brink’s is one of the promising stocks if an investor is thinking about 2021 security stock candidates.

Security Stocks To Invest

The Brink’s Company’s stocks closed at $73.7 on 22nd July 2021. It was down more than 5% over the preceding 30 days. The stock was trading at a 1.09% dividend yield at the time, while its 52-week high was $84.72.


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