About Barnes Group (NYSE:B)
Barnes Group Inc. is an industrial and aerospace manufacturer and service provider, serving a range of end markets and customers. The Company's engineered products, industrial technologies, and solutions are used in applications that provide transportation, manufacturing, healthcare products and technology to the world. Its segments include Industrial and Aerospace. The Industrial segment is engaged in the manufacturing of precision parts, products and systems for applications serving a customer base in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices and energy. The Industrial segment includes the Molding Solutions, Nitrogen Gas Products and Engineered Components business units. The Aerospace segment includes the original equipment manufacturer (OEM) business and the aftermarket business, which includes maintenance repair and overhaul services and the manufacture and delivery of aerospace aftermarket spare parts.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Industrial Machinery & Equipment
- Sub-Industry: Industrial Machinery
- Symbol: NYSE:B
- CUSIP: 06780610
- Web: www.barnesgroupinc.com
- Market Cap: $3.87 billion
- Outstanding Shares: 53,837,000
- 50 Day Moving Avg: $68.52
- 200 Day Moving Avg: $60.10
- 52 Week Range: $37.95 - $73.84
Sales & Book Value:
- Trailing P/E Ratio: 25.14
- Foreward P/E Ratio: 23.42
- P/E Growth: 2.26
- Annual Revenue: $1.34 billion
- Price / Sales: 2.89
- Book Value: $24.16 per share
- Price / Book: 2.98
- Annual Dividend: $0.56
- Dividend Yield: 0.8%
- EBITDA: $305.46 million
- Net Margins: 11.69%
- Return on Equity: 13.02%
- Return on Assets: 7.20%
- Debt-to-Equity Ratio: 0.38%
- Current Ratio: 2.26%
- Quick Ratio: 1.45%
- Average Volume: 259,038 shs.
- Beta: 1.45
- Short Ratio: 2.71
Frequently Asked Questions for Barnes Group (NYSE:B)
What is Barnes Group's stock symbol?
Barnes Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "B."
How often does Barnes Group pay dividends? What is the dividend yield for Barnes Group?
Barnes Group announced a quarterly dividend on Friday, October 20th. Shareholders of record on Wednesday, November 22nd will be paid a dividend of $0.14 per share on Friday, December 8th. This represents a $0.56 dividend on an annualized basis and a yield of 0.78%. View Barnes Group's Dividend History.
How were Barnes Group's earnings last quarter?
Barnes Group, Inc. (NYSE:B) issued its quarterly earnings data on Friday, July, 28th. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.12. The business had revenue of $364.49 million for the quarter, compared to analyst estimates of $337.69 million. Barnes Group had a net margin of 11.69% and a return on equity of 13.02%. The company's revenue was up 18.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.63 earnings per share. View Barnes Group's Earnings History.
When will Barnes Group make its next earnings announcement?
What guidance has Barnes Group issued on next quarter's earnings?
Barnes Group updated its FY17 earnings guidance on Thursday, September, 7th. The company provided earnings per share (EPS) guidance of $2.80-2.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.87. The company issued revenue guidance of $1.40-4.42, compared to the consensus revenue estimate of $1.41 billion.
Where is Barnes Group's stock going? Where will Barnes Group's stock price be in 2017?
5 equities research analysts have issued 1 year target prices for Barnes Group's shares. Their forecasts range from $60.00 to $70.00. On average, they anticipate Barnes Group's share price to reach $65.75 in the next twelve months. View Analyst Ratings for Barnes Group.
Who are some of Barnes Group's key competitors?
Some companies that are related to Barnes Group include Gardner Denver Holdings (GDI), Crane Company (CR), Woodward (WWD), Weir Group PLC (WEIR), Spirax-Sarco Engineering plc (SPX), Timken Company (The) (TKR), IMI plc (IMI), Manitowoc Food Service (WBT), KLX (KLXI), Rexnord Corporation (RXN), Hillenbrand (HI), Proto Labs (PRLB), Mueller Water Products (MWA), SPX FLOW (FLOW), Actuant Corporation (ATU), Kaman Corporation (KAMN), Comfort Systems USA (FIX) and Milacron Holdings Corp. (MCRN).
Who are Barnes Group's key executives?
Barnes Group's management team includes the folowing people:
- Thomas O. Barnes Sr., Chairman of the Board
- Patrick J. Dempsey Jr., President, Chief Executive Officer, Director
- Christopher J. Stephens Jr., Chief Financial Officer, Senior Vice President - Finance
- Dawn N. Edwards, Senior Vice President - Human Resources
- Michael Andrew Beck, Senior Vice President, President - Barnes Aerospace
- Scott A. Mayo, Senior Vice President, President - Barnes Industrial
- Gary G. Benanav, Lead Independent Director
- Elijah Kent Barnes, Director
- Hans-Peter Manner, Director
- Thomas J. Hook, Independent Director
Who owns Barnes Group stock?
Barnes Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include
BARNES THOMAS O
(5.62%), Tributary Capital Management LLC (0.57%), Fisher Asset Management LLC (0.17%), APG Asset Management N.V. (0.08%) and Boyd Watterson Asset Management LLC OH (0.02%). Company insiders that own Barnes Group stock include Christopher J Stephens, Dawn N Edwards, Gary G Benanav, Hassell H Mcclellan, Marian Acker, Mylle H Mangum, Patrick Dempsey and Thomas O Barnes. View Institutional Ownership Trends for Barnes Group.
Who sold Barnes Group stock? Who is selling Barnes Group stock?
Barnes Group's stock was sold by a variety of institutional investors in the last quarter, including Boyd Watterson Asset Management LLC OH and Tributary Capital Management LLC. Company insiders that have sold Barnes Group stock in the last year include Christopher J Stephens, Dawn N Edwards, Gary G Benanav, Hassell H Mcclellan, Marian Acker, Mylle H Mangum, Patrick Dempsey and Thomas O Barnes. View Insider Buying and Selling for Barnes Group.
Who bought Barnes Group stock? Who is buying Barnes Group stock?
Barnes Group's stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC and APG Asset Management N.V.. Company insiders that have bought Barnes Group stock in the last two years include Gary G Benanav and Mylle H Mangum. View Insider Buying and Selling for Barnes Group.
How do I buy Barnes Group stock?
Shares of Barnes Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Barnes Group's stock price today?
MarketBeat Community Rating for Barnes Group (NYSE B)MarketBeat's community ratings are surveys of what our community members think about Barnes Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Barnes Group stock can currently be purchased for approximately $71.89.
Consensus Ratings for Barnes Group (NYSE:B) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||$65.75 (8.54% downside)|Consensus Price Target History for Barnes Group (NYSE:B)
Analysts' Ratings History for Barnes Group (NYSE:B)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/12/2017||SunTrust Banks, Inc.||Reiterated Rating||Hold||$60.00||N/A|
|9/8/2017||Deutsche Bank AG||Boost Price Target||Buy||$65.00 -> $70.00||Low|
|7/31/2017||Oppenheimer Holdings, Inc.||Boost Price Target||Outperform||$58.00 -> $67.00||Medium|
|6/8/2017||Jefferies Group LLC||Reiterated Rating||Buy||$66.00||Medium|
|4/24/2017||Sidoti||Downgrade||Buy -> Neutral||Low|
|4/7/2016||Alembic Global Advisors||Initiated Coverage||Neutral||$37.00||N/A|
|1/7/2016||Robert W. Baird||Lower Price Target||Neutral||$40.00 -> $36.00||N/A|
Earnings History for Barnes Group (NYSE:B)Earnings History by Quarter for Barnes Group (NYSE B)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/28/2017||Q2 2017||$0.69||$0.81||$337.69 million||$364.49 million||View||N/A|
|4/28/2017||Q1 2017||$0.60||$0.71||$314.81 million||$341.80 million||View||N/A|
|2/17/2017||Q416||$0.64||$0.67||$328.23 million||$324.17 million||View||N/A|
|10/28/2016||Q316||$0.67||$0.71||$315.22 million||$312.00 million||View||Listen|
|7/29/2016||Q216||$0.61||$0.63||$308.71 million||$307.00 million||View||Listen|
|4/25/2016||Q116||$0.54||$0.54||$297.97 million||$288.00 million||View||N/A|
|2/19/2016||Q415||$0.66||$0.60||$307.84 million||$287.00 million||View||Listen|
|10/23/2015||Q315||$0.64||$0.61||$315.75 million||$291.00 million||View||Listen|
|7/24/2015||Q215||$0.61||$0.62||$319.83 million||$315.00 million||View||Listen|
|4/24/2015||Q115||$0.52||$0.53||$1.18 billion||$301.00 billion||View||N/A|
|2/20/2015||Q414||$0.61||$0.62||$313.96 million||$310.20 million||View||N/A|
|10/24/2014||Q314||$0.58||$0.64||$311.00 million||$318.00 million||View||Listen|
|7/25/2014||Q214||$0.59||$0.59||$315.70 million||$322.00 million||View||Listen|
|4/25/2014||Q114||$0.52||$0.50||$306.34 million||$312.00 million||View||Listen|
|2/21/2014||Q413||$0.52||$0.57||$297.54 million||$291.00 million||View||Listen|
|10/25/2013||Q313||$0.52||$0.36||$279.80 million||$269.00 million||View||Listen|
|7/26/2013||Q2 2013||$0.47||$0.47||$268.53 million||$267.40 million||View||Listen|
|4/26/2013||Q1 2013||$0.48||$0.40||$335.88 million||$263.50 million||View||Listen|
|2/22/2013||Q4 2012||$0.51||$0.54||$326.20 million||$327.40 million||View||Listen|
|10/26/2012||Q312||$0.48||$0.44||$316.80 million||$306.10 million||View||N/A|
Earnings Estimates for Barnes Group (NYSE:B)
2017 EPS Consensus Estimate: $2.66
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Barnes Group (NYSE:B)
|Dividend Growth:||6.70% (3 Year Average)|
|Payout Ratio:||19.58% (Trailing 12 Months of Earnings) |
19.31% (Based on This Year's Estimates)
18.24% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Barnes Group (NYSE B)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Barnes Group (NYSE:B)
Insider Ownership Percentage: 8.50%Insider Trades by Quarter for Barnes Group (NYSE:B)
Institutional Ownership Percentage: 85.09%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/8/2017||Gary G. Benanav||Director||Buy||26||$63.28||$1,645.28|| |
|8/30/2017||Thomas O. Barnes||Director||Sell||755||$61.22||$46,221.10|| |
|8/10/2017||Thomas O. Barnes||Director||Sell||2,000||$59.93||$119,860.00|| |
|8/2/2017||Marian Acker||VP||Sell||6,000||$60.38||$362,280.00|| |
|6/9/2017||Mylle H. Mangum||Director||Buy||28||$59.89||$1,676.92|| |
|5/26/2017||Hassell H. Mcclellan||Director||Sell||2,000||$56.00||$112,000.00|| |
|5/25/2017||Thomas O. Barnes||Director||Sell||1,000||$56.06||$56,060.00|| |
|5/5/2017||Dawn N. Edwards||SVP||Sell||6,150||$55.30||$340,095.00|| |
|5/4/2017||Thomas O. Barnes||Director||Sell||2,500||$54.56||$136,400.00|| |
|5/3/2017||Mylle H. Mangum||Director||Sell||3,000||$53.91||$161,730.00|| |
|5/2/2017||Christopher J. Stephens||SVP||Sell||13,600||$54.88||$746,368.00|| |
|3/13/2017||Mylle H. Mangum||Director||Buy||31||$49.57||$1,536.67|| |
|2/28/2017||Gary G. Benanav||Director||Sell||12,735||$49.97||$636,367.95|| |
|2/23/2017||Thomas O. Barnes||Director||Sell||12,577||$50.14||$630,610.78|| |
|11/30/2016||Dawn N. Edwards||SVP||Sell||9,701||$46.20||$448,186.20|| |
|11/28/2016||Marian Acker||VP||Sell||6,000||$46.51||$279,060.00|| |
|11/28/2016||Thomas O. Barnes||Director||Sell||222||$46.62||$10,349.64|| |
|11/22/2016||Christopher J. Stephens||SVP||Sell||10,000||$46.22||$462,200.00|| |
|11/22/2016||Patrick Dempsey||Insider||Sell||50,621||$46.20||$2,338,690.20|| |
|11/10/2016||Thomas O. Barnes||Director||Sell||3,000||$41.45||$124,350.00|| |
|9/16/2016||Christopher J. Stephens||SVP||Sell||23,039||$38.76||$892,991.64|| |
|8/29/2016||Thomas O. Barnes||Director||Sell||730||$41.46||$30,265.80|| |
|8/19/2016||Gary G. Benanav||Director||Sell||9,901||$41.51||$410,990.51|| |
|8/10/2016||Dawn N. Edwards||SVP||Sell||5,700||$40.24||$229,368.00|| |
|5/27/2016||Thomas O Barnes||Director||Sell||350||$33.15||$11,602.50|| |
|5/23/2016||Hassell H Mcclellan||Director||Sell||4,400||$32.98||$145,112.00|| |
|5/20/2016||Thomas O Barnes||Director||Sell||3,000||$33.00||$99,000.00|| |
|2/26/2016||Thomas O. Barnes||Director||Sell||1,655||$34.70||$57,428.50|| |
|11/20/2015||Thomas O. Barnes||Director||Sell||3,500||$38.15||$133,525.00|| |
|8/25/2015||Hassell H Mcclellan||Director||Buy||450||$38.04||$17,118.00|| |
|4/28/2015||Mylle H Mangum||Director||Sell||2,500||$41.00||$102,500.00|| |
|2/26/2015||Thomas O Barnes||Director||Sell||4,055||$39.94||$161,956.70|| |
|2/25/2015||Marian Acker||VP||Sell||4,299||$40.36||$173,507.64|| |
|2/24/2015||Mylle H Mangum||Director||Sell||2,500||$39.85||$99,625.00|| |
|2/24/2015||Patrick Dempsey||CEO||Sell||126,466||$39.83||$5,037,140.78|| |
|11/25/2014||Dawn N Edwards||SVP||Sell||12,000||$37.27||$447,240.00|| |
|11/24/2014||Patrick Dempsey||CEO||Sell||15,000||$37.25||$558,750.00|| |
|11/21/2014||Christopher J Stephens||CFO||Sell||10,100||$37.17||$375,417.00|| |
|10/30/2014||Thomas O Barnes||Director||Sell||2,000||$36.12||$72,240.00|| |
|10/29/2014||Mylle H Mangum||Director||Sell||3,000||$35.77||$107,310.00|| |
|8/25/2014||Richard R Barnhart||SVP||Sell||7,100||$34.61||$245,731.00|| |
|8/18/2014||Christopher J Stephens||CFO||Sell||10,074||$34.78||$350,373.72|| |
|7/29/2014||Mylle H Mangum||Director||Sell||5,000||$35.61||$178,050.00|| |
|5/2/2014||Dawn Edwards||SVP||Sell||8,300||$38.24||$317,392.00|| |
|2/27/2014||Marian Acker||VP||Sell||7,400||$37.78||$279,572.00|| |
|2/26/2014||Thomas Barnes||Director||Sell||2,000||$37.53||$75,060.00|| |
|2/25/2014||Mylle Mangum||Director||Sell||10,000||$36.85||$368,500.00|| |
|11/21/2013||Mylle Mangum||Director||Sell||1,000||$35.81||$35,810.00|| |
|11/8/2013||Thomas Barnes||Director||Sell||7,952||$36.59||$290,963.68|| |
|11/7/2013||Mylle Mangum||Director||Sell||4,500||$36.00||$162,000.00|| |
|2/26/2013||Mylle H Mangum||Director||Sell||6,000||$25.93||$155,580.00|| |
|11/13/2012||Gary G Benanav||Director||Sell||34,830||$20.70||$720,981.00|| |
Headline Trends for Barnes Group (NYSE:B)
Latest Headlines for Barnes Group (NYSE:B)
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Barnes Group (B) Chart for Monday, October, 23, 2017