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NYSE:B

Barnes Group (B) Stock Price, News & Analysis

$41.10
-1.01 (-2.40%)
(As of 07/26/2024 ET)
Today's Range
$38.03
$42.81
50-Day Range
$37.12
$44.87
52-Week Range
$18.79
$45.24
Volume
1.21 million shs
Average Volume
324,636 shs
Market Capitalization
$2.08 billion
P/E Ratio
456.67
Dividend Yield
1.56%
Price Target
$43.33

Barnes Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
5.4% Upside
$43.33 Price Target
Short Interest
Healthy
2.23% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.52mentions of Barnes Group in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
23.84%
From $1.72 to $2.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.52 out of 5 stars

Industrial Products Sector

125th out of 172 stocks

Miscellaneous Fabricated Metal Products Industry

6th out of 6 stocks

B stock logo

About Barnes Group Stock (NYSE:B)

Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally. The company operates through two segments: Industrial and Aerospace. The Industrial segment offers precision components, products, and systems used by various customers in end-markets, such as mobility, industrial equipment, automation, personal care, packaging, electronics, and medical devices. This segment also designs and manufactures hot runner systems, mold cavity sensors and process control systems, and precision high cavitation mold assemblies for injection molding applications; provides force and motion control solutions for various metal forming and other industrial markets; and designs and develops robotic grippers, end-of-arm tooling systems, sensors, and other automation components for intelligent robotic handling solutions and industrial automation applications. In addition, it manufactures and supplies precision mechanical products, including mechanical springs, and high-precision punched and fine-blanked components used in mobility and industrial applications. This segment sells its products primarily through its direct sales force and distribution channels. The Aerospace segment produces fabricated and precision machined components and assemblies for turbine engines; and nacelles and structures for commercial and defense-related aircraft. It also provides aircraft engine component maintenance, repair, and overhaul services for turbine engine manufacturers, commercial airlines, and defense market; and manufactures and delivers aerospace aftermarket spare parts. This segment serves original equipment manufacturing industry. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.

B Stock Price History

B Stock News Headlines

Barnes Group Q2 2024 Earnings Preview
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Barnes Group (B) to Release Earnings on Friday
Barnes Group Inc. hosts conference call for investors
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Barnes Group Inc. (NYSE:B) Upgraded by DA Davidson
Barnes Declares Quarterly Dividend
Truist Financial Reaffirms Their Hold Rating on Barnes Group (B)
See More Headlines
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Company Calendar

Last Earnings
2/16/2024
Ex-Dividend for 6/10 Dividend
5/29/2024
Dividend Payable
6/10/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/26/2024
Ex-Dividend for 9/10 Dividend
8/22/2024
Dividend Payable
9/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous fabricated metal products
Sub-Industry
Industrial Machinery
CUSIP
06780610
CIK
9984
Employees
6,500
Year Founded
1857

Price Target and Rating

Average Stock Price Target
$43.33
High Stock Price Target
$48.00
Low Stock Price Target
$34.00
Potential Upside/Downside
+5.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$16 million
Pretax Margin
1.93%

Debt

Sales & Book Value

Annual Sales
$1.45 billion
Cash Flow
$3.85 per share
Book Value
$26.88 per share

Miscellaneous

Free Float
48,055,000
Market Cap
$2.08 billion
Optionable
Optionable
Beta
1.41

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Key Executives

  • Mr. Thomas J. Hook (Age 61)
    President, CEO & Director
    Comp: $1.5M
  • Ms. Julie K. Streich (Age 53)
    Senior VP of Finance & CFO
    Comp: $701.42k
  • Mr. Jay B. Knoll (Age 61)
    Senior VP, General Counsel & Secretary
    Comp: $858.94k
  • Ms. Dawn N. EdwardsMs. Dawn N. Edwards (Age 55)
    Senior Vice President of Human Resources
    Comp: $505.06k
  • Mr. Ian M. Reason (Age 59)
    Senior VP & President of Barnes Aerospace
    Comp: $607.13k
  • Ms. Marian Acker (Age 62)
    Principal Accounting Officer, VP & Controller
    Comp: $742.26k
  • Mr. William Pitts
    Vice President of Investor Relations
  • Mr. Lukas Hovorka (Age 51)
    Senior Vice President of Corporate Development
  • Mr. Michael V. Kennedy (Age 62)
    Vice President of Tax & Treasury

B Stock Analysis - Frequently Asked Questions

How have B shares performed this year?

Barnes Group's stock was trading at $32.63 on January 1st, 2024. Since then, B stock has increased by 26.0% and is now trading at $41.10.
View the best growth stocks for 2024 here
.

How were Barnes Group's earnings last quarter?

Barnes Group Inc. (NYSE:B) released its quarterly earnings results on Friday, February, 16th. The industrial products company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.06. The company's quarterly revenue was up 32.5% compared to the same quarter last year.

What is Patrick J. Dempsey's approval rating as Barnes Group's CEO?

18 employees have rated Barnes Group Chief Executive Officer Patrick J. Dempsey on Glassdoor.com. Patrick J. Dempsey has an approval rating of 71% among the company's employees.

Does Barnes Group have any subsidiaries?

The following companies are subsidiaries of Barnes Group: Gimatic, Industrial Gas Springs, Gammaflux, Adval Tech - Foboha Mold Making Business, Priamus System Technologies, Thermoplay, Otto Männer, and more.

Who are Barnes Group's major shareholders?

Top institutional shareholders of Barnes Group include Bank of New York Mellon Corp (0.77%), Easterly Investment Partners LLC (0.05%), Louisiana State Employees Retirement System (0.05%) and S. R. Schill & Associates (0.02%). Insiders that own company stock include Thomas J Hook, Dawn N Edwards, Hans-Peter Manner, Elijah Kent Barnes, Marian Acker, Mylle H Mangum, Julie K Streich, James C Pelletier and Michael Andrew Beck.
View institutional ownership trends
.

How do I buy shares of Barnes Group?

Shares of B stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Barnes Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Barnes Group investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV) and Aegean Marine Petroleum Network (ANW).

This page (NYSE:B) was last updated on 7/26/2024 by MarketBeat.com Staff

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