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NYSE:BBarnes Group Stock Price, Forecast & News

$37.78
-1.39 (-3.55 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$36.94
Now: $37.78
$38.45
50-Day Range
$32.66
MA: $37.56
$42.53
52-Week Range
$30.22
Now: $37.78
$68.60
Volume381,696 shs
Average Volume315,440 shs
Market Capitalization$1.91 billion
P/E Ratio12.59
Dividend Yield1.63%
Beta1.16
Barnes Group Inc. operates as an industrial and aerospace manufacturer, and service provider in the United States and internationally. Its Industrial segment offers precision components, products, and systems for applications serving various customers in end-markets, such as transportation, industrial equipment, automation, personal care, packaging, electronics, and medical devices. It 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, this segment manufactures and supplies precision mechanical products, including mechanical springs, high-precision punched and fine-blanked components, and retention rings for use in transportation and industrial applications. It sells its products primarily through its direct sales force and distribution channels. Its Aerospace segment produces fabricated and precision machined components and assemblies for commercial and military aircraft turbine engines, nacelles, and structures; provides aircraft engine component maintenance, repair, and overhaul services for turbine engine manufacturers, commercial airlines, and the military; and manufactures and delivers aerospace aftermarket spare parts. This segment primarily serves original equipment manufacturing industry. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.18 out of 5 stars


Industry, Sector and Symbol

Industry Miscellaneous fabricated metal products
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP06780610
CIK9984
Phone860-583-7070

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.49 billion
Cash Flow$5.03 per share
Book Value$24.68 per share

Profitability

Net Income$158.35 million

Miscellaneous

Employees5,749
Market Cap$1.91 billion
Next Earnings Date7/28/2020 (Confirmed)
OptionableOptionable

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Barnes Group (NYSE:B) Frequently Asked Questions

How has Barnes Group's stock been impacted by COVID-19 (Coronavirus)?

Barnes Group's stock was trading at $44.77 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, B stock has decreased by 15.6% and is now trading at $37.78. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Barnes Group?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barnes Group in the last year. There are currently 3 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Barnes Group.

When is Barnes Group's next earnings date?

Barnes Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Barnes Group.

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

Barnes Group will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Barnes Group's earnings last quarter?

Barnes Group Inc. (NYSE:B) released its earnings results on Friday, April, 24th. The industrial products company reported $0.71 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.52 by $0.19. The industrial products company had revenue of $331 million for the quarter, compared to the consensus estimate of $313.44 million. Barnes Group had a net margin of 10.66% and a return on equity of 13.36%. The business's revenue was down 12.2% on a year-over-year basis. During the same quarter last year, the company posted $0.71 earnings per share. View Barnes Group's earnings history.

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

Barnes Group announced a quarterly dividend on Monday, May 11th. Investors of record on Friday, May 22nd will be paid a dividend of $0.16 per share on Wednesday, June 10th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend is Thursday, May 21st. View Barnes Group's dividend history.

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

Barnes Group issued an update on its second quarter earnings guidance on Friday, April, 24th. The company provided earnings per share guidance of $0.20-0.30 for the period, compared to the Thomson Reuters consensus estimate of $0.29.

What price target have analysts set for B?

12 brokerages have issued twelve-month price objectives for Barnes Group's shares. Their forecasts range from $9.00 to $68.00. On average, they expect Barnes Group's share price to reach $45.67 in the next twelve months. This suggests a possible upside of 20.9% from the stock's current price. View analysts' price targets for Barnes Group.

Has Barnes Group been receiving favorable news coverage?

Media headlines about B stock have been trending extremely negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Barnes Group earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutBarnes Group.

Are investors shorting Barnes Group?

Barnes Group saw a increase in short interest in April. As of April 30th, there was short interest totaling 724,100 shares, an increase of 23.3% from the April 15th total of 587,500 shares. Based on an average daily trading volume, of 263,000 shares, the short-interest ratio is presently 2.8 days. Approximately 1.6% of the company's stock are short sold. View Barnes Group's Current Options Chain.

Who are some of Barnes Group's key competitors?

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 CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), ALJ Regional (ALJJ), Apollo Commercial Real Est. Finance (ARI) and Transocean (RIG).

Who are Barnes Group's key executives?

Barnes Group's management team includes the following people:
  • Mr. Patrick J. Dempsey, Pres, CEO & Director (Age 55)
  • Mr. Christopher J. Stephens Jr., Sr. VP of Fin. & CFO (Age 54)
  • Ms. Dawn N. Edwards, Sr. VP of HR (Age 50)
  • Mr. Michael Andrew Beck, Sr. VP (Age 59)
  • Ms. Marian Acker, Principal Accounting Officer, VP & Controller (Age 57)

What is Barnes Group's stock symbol?

Barnes Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "B."

Who are Barnes Group's major shareholders?

Barnes Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.92%), Wasatch Advisors Inc. (9.54%), Champlain Investment Partners LLC (3.85%), State Street Corp (3.02%), Bank of New York Mellon Corp (1.38%) and Channing Capital Management LLC (1.35%). 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, Richard J Hipple and Thomas O Barnes. View institutional ownership trends for Barnes Group.

Which major investors are selling Barnes Group stock?

B stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Morgan Stanley, Wellington Management Group LLP, Fisher Asset Management LLC, King Luther Capital Management Corp, UBS Group AG, and Citigroup Inc.. Company insiders that have sold Barnes Group company stock in the last year include Christopher J Stephens, Hassell H Mcclellan, Marian Acker, Mylle H Mangum, Patrick Dempsey, and Thomas O Barnes. View insider buying and selling activity for Barnes Group.

Which major investors are buying Barnes Group stock?

B stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Champlain Investment Partners LLC, State Street Corp, Channing Capital Management LLC, Foundry Partners LLC, Geode Capital Management LLC, Franklin Resources Inc., and JPMorgan Chase & Co.. Company insiders that have bought Barnes Group stock in the last two years include Gary G Benanav, Mylle H Mangum, and Richard J Hipple. View insider buying and selling activity for Barnes Group.

How do I buy shares of Barnes Group?

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

What is Barnes Group's stock price today?

One share of B stock can currently be purchased for approximately $37.78.

How big of a company is Barnes Group?

Barnes Group has a market capitalization of $1.91 billion and generates $1.49 billion in revenue each year. The industrial products company earns $158.35 million in net income (profit) each year or $3.21 on an earnings per share basis. Barnes Group employs 5,749 workers across the globe.

What is Barnes Group's official website?

The official website for Barnes Group is www.barnesgroupinc.com.

How can I contact Barnes Group?

Barnes Group's mailing address is 123 MAIN ST, BRISTOL CT, 06010. The industrial products company can be reached via phone at 860-583-7070 or via email at [email protected]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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