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

$55.19
+2.42 (+4.59 %)
(As of 09/15/2019 02:20 AM ET)
Today's Range
$53.02
Now: $55.19
$55.43
50-Day Range
$42.73
MA: $46.76
$55.20
52-Week Range
$42.39
Now: $55.19
$72.70
Volume447,218 shs
Average Volume207,609 shs
Market Capitalization$2.79 billion
P/E Ratio17.14
Dividend Yield1.22%
Beta1.46
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. Read More…

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$5.4214 per share
Book Value$23.45 per share

Profitability

Net Income$166.19 million

Miscellaneous

Employees5,908
Market Cap$2.79 billion
Next Earnings Date10/25/2019 (Estimated)
OptionableOptionable

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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 Thursday, July 18th. Investors of record on Monday, August 26th will be given a dividend of $0.16 per share on Tuesday, September 10th. This represents a $0.64 annualized dividend and a yield of 1.16%. The ex-dividend date is Friday, August 23rd. View Barnes Group's Dividend History.

How were Barnes Group's earnings last quarter?

Barnes Group Inc. (NYSE:B) posted its quarterly earnings data on Friday, July, 26th. The industrial products company reported $0.75 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.78 by $0.03. The industrial products company earned $371.70 million during the quarter, compared to analysts' expectations of $387.29 million. Barnes Group had a return on equity of 13.20% and a net margin of 9.95%. The company's revenue was down 1.0% on a year-over-year basis. During the same quarter last year, the company earned $0.90 EPS. 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, October 25th 2019. View Earnings Estimates for Barnes Group.

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

Barnes Group updated its FY19 earnings guidance on Friday, July, 26th. The company provided earnings per share guidance of $3.18-3.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.23. The company issued revenue guidance of +3-4% yr/yr to ~$1.54-1.56 billion, compared to the consensus revenue estimate of $1.56 billion.

What price target have analysts set for B?

6 brokerages have issued 12-month price objectives for Barnes Group's stock. Their forecasts range from $48.00 to $82.00. On average, they anticipate Barnes Group's share price to reach $61.80 in the next year. This suggests a possible upside of 12.0% 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 1 sell rating, 2 hold ratings and 3 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?

News articles about B stock have trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 0.9 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Barnes Group.

Are investors shorting Barnes Group?

Barnes Group saw a drop in short interest in August. As of August 31st, there was short interest totalling 555,500 shares, a drop of 23.4% from the July 31st total of 725,000 shares. Based on an average trading volume of 191,600 shares, the days-to-cover ratio is currently 2.9 days. Currently, 1.2% of the shares of the 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 Gran Tierra Energy (GTE).

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. (13.92%), BlackRock Inc. (13.92%), Vanguard Group Inc. (9.82%), Bank of America Corp DE (9.34%), Wasatch Advisors Inc. (5.49%) and Price T Rowe Associates Inc. MD (1.88%). 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 Wasatch Advisors Inc., Man Group plc, Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Eagle Boston Investment Management Inc., Citadel Advisors LLC, SG Americas Securities LLC and Russell Investments Group Ltd.. Company insiders that have sold Barnes Group company stock in the last year include Christopher J Stephens, Dawn N Edwards, Gary G Benanav, Hassell H Mcclellan, Marian Acker, Mylle H Mangum 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 Nuveen Asset Management LLC, Invesco Ltd., D. E. Shaw & Co. Inc., BlackRock Inc., BlackRock Inc., Morgan Stanley, Renaissance Technologies LLC and Public Employees Retirement Association of Colorado. 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, Robinhood, Fidelity and Charles Schwab.

What is Barnes Group's stock price today?

One share of B stock can currently be purchased for approximately $55.19.

How big of a company is Barnes Group?

Barnes Group has a market capitalization of $2.79 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.View Additional Information About Barnes Group.

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:  306 (Vote Outperform)
Underperform Votes:  392 (Vote Underperform)
Total Votes:  698
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 9/15/2019 by MarketBeat.com Staff

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