NYSE:B - Barnes Group Stock Price, News, & Analysis

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$51.89 +0.38 (+0.74 %)
(As of 03/26/2019 04:00 PM ET)
Previous Close$51.51
Today's Range$51.49 - $52.63
52-Week Range$49.06 - $72.70
Volume11,180 shs
Average Volume220,049 shs
Market Capitalization$2.66 billion
P/E Ratio16.12
Dividend Yield1.24%
Beta1.47
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, consumer products, packaging, electronics, medical devices, and energy. This segment also manufactures and supplies precision mechanical products, including mechanical springs, high-precision punched and fine-blanked components, and retention rings; force and motion solutions for sheet metal forming, heavy duty suspension, and other markets; and hot runner systems, mold cavity sensors and process control systems, and precision high cavitation mold for injection molding applications. The company's Aerospace segment produces fabricated and precision-machined components and assemblies for original equipment manufacturer turbine engine, airframe, and industrial gas turbine builders, as well as for the military. It also offers maintenance, repair, and overhaul services for jet engine components to turbine engine manufacturers, commercial airlines, and the military. In addition, this segment manufactures aerospace aftermarket spare parts. The company sells its products primarily through its direct sales force and distribution channels. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.

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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$1.50 billion
Cash Flow$5.1838 per share
Book Value$23.45 per share

Profitability

Net Income$166.19 million

Miscellaneous

Employees5,908
Market Cap$2.66 billion
Next Earnings Date4/26/2019 (Confirmed)
OptionableOptionable

Barnes Group (NYSE:B) Frequently Asked Questions

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, February 15th. Shareholders of record on Monday, February 25th will be paid a dividend of $0.16 per share on Friday, March 8th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Friday, February 22nd. View Barnes Group's Dividend History.

How were Barnes Group's earnings last quarter?

Barnes Group Inc. (NYSE:B) posted its earnings results on Friday, February, 22nd. The industrial products company reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.82 by $0.02. The industrial products company earned $384.10 million during the quarter, compared to the consensus estimate of $391.37 million. Barnes Group had a return on equity of 13.95% and a net margin of 11.11%. The firm's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.71 earnings per share. View Barnes Group's Earnings History.

When is Barnes Group's next earnings date?

Barnes Group is scheduled to release their next quarterly earnings announcement on Friday, April 26th 2019. View Earnings Estimates for Barnes Group.

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 8448848225.

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

Barnes Group issued an update on its FY19 earnings guidance on Friday, February, 22nd. The company provided earnings per share (EPS) guidance of $3.25-3.40 for the period, compared to the Thomson Reuters consensus estimate of $3.47. The company issued revenue guidance of +4-6% to approximately $1.55-1.58 billion, compared to the consensus revenue estimate of $1.60 billion.Barnes Group also updated its FY 2019 guidance to $3.25-3.40 EPS.

What price target have analysts set for B?

6 analysts have issued 12 month target prices for Barnes Group's shares. Their forecasts range from $57.00 to $82.00. On average, they expect Barnes Group's share price to reach $67.60 in the next twelve months. This suggests a possible upside of 31.0% from the stock's current price. View Analyst Price Targets for Barnes Group.

What is the consensus analysts' recommendation for Barnes Group?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barnes Group in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Barnes Group.

Has Barnes Group been receiving favorable news coverage?

Media stories about B stock have trended somewhat positive on Tuesday, InfoTrie reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Barnes Group earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the immediate future.

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), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Micron Technology (MU), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Workday (WDAY) and Apollo Commercial Real Est. Finance (ARI).

Who are Barnes Group's key executives?

Barnes Group's management team includes the folowing 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)

Who are Barnes Group's major shareholders?

Barnes Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.48%), Bank of America Corp DE (9.51%), Dimensional Fund Advisors LP (6.19%), Macquarie Group Ltd. (4.07%), Northern Trust Corp (1.76%) and Barrow Hanley Mewhinney & Strauss LLC (1.41%). 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, 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 Patriot Financial Group Insurance Agency LLC, Public Employees Retirement Association of Colorado, Dimensional Fund Advisors LP, Tocqueville Asset Management L.P., First Long Island Investors LLC, Barclays PLC, Oppenheimer Asset Management Inc. and TD Asset Management Inc.. Company insiders that have sold Barnes Group company stock in the last year include Christopher J Stephens, Hassell H Mcclellan and Thomas O Barnes. View Insider Buying and Selling for Barnes Group.

Which major investors are buying Barnes Group stock?

B stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Millennium Management LLC, Stifel Financial Corp, BlackRock Inc., Bank of America Corp DE, Dupont Capital Management Corp, D. E. Shaw & Co. Inc. and Squarepoint Ops LLC. 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 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, Scottrade, Fidelity and Charles Schwab.

What is Barnes Group's stock price today?

One share of B stock can currently be purchased for approximately $51.61.

How big of a company is Barnes Group?

Barnes Group has a market capitalization of $2.65 billion and generates $1.50 billion in revenue each year. The industrial products company earns $166.19 million in net income (profit) each year or $3.22 on an earnings per share basis. Barnes Group employs 5,908 workers across the globe.

What is Barnes Group's official website?

The official website for Barnes Group is http://www.barnesgroupinc.com.

How can I contact Barnes Group?

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


MarketBeat Community Rating for Barnes Group (NYSE B)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  283 (Vote Outperform)
Underperform Votes:  355 (Vote Underperform)
Total Votes:  638
MarketBeat's community ratings are surveys of what our community members think about Barnes Group and other stocks. Vote "Outperform" if you believe B will outperform the S&P 500 over the long term. Vote "Underperform" if you believe B will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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