William Blair analyst Tim Mulrooney has maintained their bullish stance on BCO stock, giving a Buy rating on February 18.
Tim Mulrooney has given his Buy rating due to a combination of factors including Brink’s Company’s financial performance and strategic outlook. The company’s adjusted EBITDA and EPS exceeded consensus estimates, indicating strong financial health despite slight declines. Additionally, the revenue growth, particularly in the DRS/AMS segments, was impressive and surpassed expectations, showcasing robust organic growth.
Mulrooney also highlighted the company’s positive guidance for 2025, which is above market expectations and suggests continued growth potential. The forecast includes a conservative approach to FX headwinds and anticipates sustained cash processing volumes, reinforcing the stability of Brink’s customer base. Furthermore, the company’s capital allocation strategy, including significant share repurchases funded by strong free cash flow, supports the investment thesis of margin expansion and growth in key business areas.
According to TipRanks, Mulrooney is a 4-star analyst with an average return of 11.9% and a 61.11% success rate. Mulrooney covers the Industrials sector, focusing on stocks such as APi Group, Brink’s Company, and WillScot Mobile Mini Holdings.