NYSE:B

Barnes Group (B) Stock Price, News & Analysis

$35.86
+0.10 (+0.28%)
(As of 04/22/2024 ET)
Today's Range
$35.51
$36.21
50-Day Range
$33.40
$37.88
52-Week Range
$18.79
$43.65
Volume
281,652 shs
Average Volume
331,759 shs
Market Capitalization
$1.82 billion
P/E Ratio
115.68
Dividend Yield
1.78%
Price Target
$40.67

Barnes Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
13.4% Upside
$40.67 Price Target
Short Interest
Healthy
2.19% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.47mentions of Barnes Group in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
24.85%
From $1.69 to $2.11 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.

2.79 out of 5 stars

Industrial Products Sector

111th out of 168 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

3 Manufacturing Stocks Leading the Export Wave
The global economy is taking a turn this quarter, with the United States and China leading the way. After reporting a year of consecutive contraction, the U.S. manufacturing sector has finally pushed out its first expansionary reading during March 2024.
DA Davidson Upgrades Barnes Group (NYSE:B) to Buy
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Barnes Group Inc. (B)
Barnes Group (NYSE:B) Shares Gap Up to $33.39
DA Davidson Upgrades Barnes Group (B)
Barnes Group (B) Set to Announce Quarterly Earnings on Friday
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Barnes Group (B) Shares Cross Below 200 DMA
Swindon: Lennox Barnes wanted on recall to prison
Oklahoma Spring Ball: One question for each position group
See More Headlines
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Company Calendar

Last Earnings
2/16/2024
Ex-Dividend for 3/8 Dividend
2/21/2024
Dividend Payable
3/08/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/26/2024
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
$40.67
High Stock Price Target
$45.00
Low Stock Price Target
$34.00
Potential Upside/Downside
+13.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$16 million
Pretax Margin
2.29%

Debt

Sales & Book Value

Annual Sales
$1.45 billion
Cash Flow
$3.97 per share
Book Value
$26.88 per share

Miscellaneous

Free Float
45,987,000
Market Cap
$1.82 billion
Optionable
Optionable
Beta
1.38

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B Stock Analysis - Frequently Asked Questions

Should I buy or sell Barnes Group stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Barnes Group in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" B shares.
View B analyst ratings
or view top-rated stocks.

What is Barnes Group's stock price target for 2024?

3 equities research analysts have issued 12 month price objectives for Barnes Group's stock. Their B share price targets range from $34.00 to $45.00. On average, they expect the company's stock price to reach $40.67 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price.
View analysts price targets for B
or view top-rated stocks among Wall Street analysts.

How have B shares performed in 2024?

Barnes Group's stock was trading at $32.63 at the start of the year. Since then, B stock has increased by 9.9% and is now trading at $35.86.
View the best growth stocks for 2024 here
.

Are investors shorting Barnes Group?

Barnes Group saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 1,020,000 shares, a drop of 6.4% from the February 29th total of 1,090,000 shares. Based on an average daily volume of 331,500 shares, the days-to-cover ratio is presently 3.1 days. Currently, 2.1% of the shares of the stock are sold short.
View Barnes Group's Short Interest
.

When is Barnes Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our B earnings forecast
.

How can I listen to Barnes Group's earnings call?

Barnes Group will be holding an earnings conference call on Friday, April 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "1137078".

How were Barnes Group's earnings last quarter?

Barnes Group Inc. (NYSE:B) issued its quarterly earnings data on Friday, February, 16th. The industrial products company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.06. The industrial products company had revenue of $415.50 million for the quarter, compared to analyst estimates of $420.47 million. Barnes Group had a net margin of 1.10% and a trailing twelve-month return on equity of 6.20%. The company's revenue was up 32.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.52 EPS.

How often does Barnes Group pay dividends? What is the dividend yield for Barnes Group?

Barnes Group declared a quarterly dividend on Friday, February 9th. Shareholders of record on Thursday, February 22nd will be paid a dividend of $0.16 per share on Friday, March 8th. This represents a $0.64 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend is Wednesday, February 21st.
Read our dividend analysis for B
.

Is Barnes Group a good dividend stock?

Barnes Group (NYSE:B) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.79%. The dividend payout ratio is 206.46%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, B will have a dividend payout ratio of 30.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for B.

What ETFs hold Barnes Group's stock?

ETFs with the largest weight of Barnes Group (NYSE:B) stock in their portfolio include Thrivent Small-Mid Cap ESG ETF (TSME) and SPDR S&P 600 Small Cap ETF (SLY).Invesco Aerospace & Defense ETF (PPA).

What guidance has Barnes Group issued on next quarter's earnings?

Barnes Group updated its FY 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of 1.550-1.800 for the period, compared to the consensus estimate of 1.710. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

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.

What other stocks do shareholders of Barnes Group own?

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

Who are Barnes Group's major shareholders?

Barnes Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.26%), Tributary Capital Management LLC (0.12%), Strategic Financial Concepts LLC (0.02%) and Diversified Trust Co (0.01%). Insiders that own company stock include Dawn N Edwards, Elijah Kent Barnes, Hans-Peter Manner, James C Pelletier, Jay B Knoll, Julie K Streich, Marian Acker, Michael Andrew Beck, Mylle H Mangum, Mylle H Mangum, Neal J Keating, Richard J Hipple and Thomas J Hook.
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.

Does Barnes Group have any subsidiaries?
The following companies are subsidiares of Barnes Group: AS Monterrey S. de R.L. de C.V., Adval Tech - Foboha Mold Making Business, Associated Spring (Tianjin) Company Ltd., Associated Spring (UK) Ltd., Associated Spring Asia Pte. Ltd., Associated Spring Corporation, Associated Spring Mexico S. de R.L. de C.V., Associated Spring Raymond (Shanghai) Co. Ltd., Associated Spring Raymond GmbH, Associated Spring do Brasil Ltda., Barnes Airmotive Malaysia SND. BHD., Barnes Financing Delaware LLC, Barnes Group (Delaware) LLC, Barnes Group (Germany) GmbH, Barnes Group (Scotland) Limited, Barnes Group (Thailand) Ltd., Barnes Group (U.K.) 2 Limited, Barnes Group (U.K.) Limited, Barnes Group Acquisition GmbH, Barnes Group Canada Corp., Barnes Group Finance Company (Delaware), Barnes Group Holding LLC, Barnes Group Luxembourg (No. 1) S.à r.l., Barnes Group Luxembourg (No. 2) S.à r.l., Barnes Group Spain S.R.L., Barnes Group Suisse Industries GmbH, Barnes Group Switzerland GmbH, Barnes Industrial Group India Private Limited, Barnes Korea Ltd., Barnes Molding Solutions (Jiangsu) Co. Ltd., Barnes Molding Solutions Korea Limited, Blitz F16-34 GmbH, Curtis Industries, Curtiss Industries (U.K.) Limited, Di-Dro Manifold System Product Line, Euro Stock Springs & Components, FOBOHA GmbH, Foboha (Germany) GmbH, Foboha Holding GmbH, Forward Industries LLC, GF Controls GmbH, Gammaflux, Gammaflux Controls Inc., Gimatic, Gimatic Automation Engineering (Changshu) Co. Ltd., Gimatic Automation India Pvt Ltd. , Gimatic Balkan d.o.o. Beograd – Savski Venac, Gimatic Bulgaria Ltd., Gimatic Czech Republic s.r.o., Gimatic France S.a.r.l., Gimatic Iberia S.L., Gimatic Japan Limited, Gimatic Korea Limited, Gimatic Nordic A.B., Gimatic Otomasyon Ticaret Anonim Şirketi, Gimatic Polska sp. z o.o, Gimatic S.r.l., Gimatic Sisteme RO SRL, Gimatic South Africa (Pty) Ltd., Gimatic UK Limited, Gimatic Vertrieb GmbH, Gimatrade S.r.l., Heinz Haenggi Gmbh Stanztechnik, Industrial Gas Springs, Industrial Gas Springs Group Holdings Limited, Industrial Gas Springs Inc., Industrial Gas Springs Limited, Kar Products, Kratz-Wilde Machine Co, MTM S.r.l., Manner Hong Kong Limited, Manner USA Inc., OOO Gimatic Rus, Orflam - Nitropush Product Line, Otto Männer, Otto Männer GmbH, Otto Männer Immobilien GmbH, Otto Männer Innovation GmbH, Premier Farnell - KENT Division, Priamus System Technologies, Priamus System Technologies GmbH, Priamus System Technologies LLC, Raymond Distribution-Mexico S.A. de C.V., Resortes Argentina S.A., Ressorts SPEC SAS, Seeger-Orbis GmbH & Co. OHG, Service Plus Distributors, Sign Holdings Limited, Spectrum Plastics Molding Resources, Strömsholmen AB, Synventive Acquisition B.V., Synventive Acquisition GmbH, Synventive Acquisition Inc., Synventive Acquisition UK Ltd., Synventive Acquisition Unlimited, Synventive Fertigungstechnik GmbH, Synventive Holding B.V., Synventive Holding Limited, Synventive Molding Solutions, Synventive Molding Solutions (Suzhou) Co. Ltd., Synventive Molding Solutions B.V., Synventive Molding Solutions Canada Inc., Synventive Molding Solutions Co. Ltd., Synventive Molding Solutions GmbH, Synventive Molding Solutions Inc., Synventive Molding Solutions JBJ Private Limited, Synventive Molding Solutions K.K., Synventive Molding Solutions LDA, Synventive Molding Solutions LLC, Synventive Molding Solutions LTDA., Synventive Molding Solutions Limited, Synventive Molding Solutions Pte Ltd., Synventive Molding Solutions SL, Synventive Molding Solutions s.r.o., Synventive Parent Inc., Teledyne Fluid Systems, The Wallace Barnes Company, Thermoplay, Thermoplay Brasil Sistemas de Injecao Ltda, Thermoplay Deutschland GmbH, Thermoplay France S.a.r.l., Thermoplay India Private Limited, Thermoplay S.p.A., Thermoplay U.K. Ltd., Toolcom Supplie, Windsor Airmotive Asia Pte. Ltd., and männer Japan Co. Ltd..
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This page (NYSE:B) was last updated on 4/23/2024 by MarketBeat.com Staff

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