NYSE:B

Barnes Group Stock Forecast, Price & News

$50.43
-0.82 (-1.60 %)
(As of 04/13/2021 11:29 AM ET)
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Today's Range
$50.10
Now: $50.43
$50.69
50-Day Range
$49.14
MA: $52.55
$57.54
52-Week Range
$30.71
Now: $50.43
$57.64
Volume385 shs
Average Volume217,681 shs
Market Capitalization$2.55 billion
P/E Ratio29.84
Dividend Yield1.25%
Beta1.28
Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally. It operates in two segments: Industrial and Aerospace. The Industrial segment offers precision components, products, and systems used by various customers in end-markets, such as transportation, 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 transportation and industrial applications, including mechanical springs, and high-precision punched and fine-blanked components. 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. The company was founded in 1857 and is based in Bristol, Connecticut.
Barnes Group logo

Industry, Sector and Symbol

Industry Miscellaneous fabricated metal products
Sub-IndustryIndustrial Machinery
CUSIP06780610
CIK9984
Phone860-583-7070
Employees4,952
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.49 billion
Cash Flow$4.95 per share
Book Value$25.05 per share

Profitability

Net Income$158.35 million

Miscellaneous

Market Cap$2.55 billion
Next Earnings Date4/30/2021 (Confirmed)
OptionableOptionable

Headlines

Barnes Group Inc. (NYSE:B) Short Interest Update
March 31, 2021 |  americanbankingnews.com
Barnes Group (NYSE:B) Shares Down 4.5%
March 19, 2021 |  americanbankingnews.com
What Barnes Group $B is Telling us About its Future
March 15, 2021 |  marketwatch.com
When Barnes Group $B Moves Investors should Listen
March 6, 2021 |  marketwatch.com
Barnes Group Inc. (NYSE:B) Goes Ex-Dividend Soon
February 20, 2021 |  finance.yahoo.com
Barnes: Q4 Earnings Insights
February 19, 2021 |  benzinga.com
Barnes profit and revenue fall short of estimates
February 19, 2021 |  marketwatch.com
Barnes Group Q4 Profit Tops Estimates
February 19, 2021 |  nasdaq.com
See More Headlines

MarketRank

Overall MarketRank

1.80 out of 5 stars

Industrial Products Sector

73rd out of 396 stocks

Miscellaneous Fabricated Metal Products Industry

4th out of 18 stocks

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$50.43
-0.82 (-1.60 %)
(As of 04/13/2021 11:29 AM ET)
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Barnes Group (NYSE:B) Frequently Asked Questions

Is Barnes Group a buy right now?

10 Wall Street equities research 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 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Barnes Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in B, but not buy additional shares or sell existing shares.
View analyst ratings for Barnes Group
or view top-rated stocks.

What stocks does MarketBeat like better than Barnes Group?

Wall Street analysts have given Barnes Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Barnes Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Barnes Group?

Barnes Group saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 523,200 shares, a decrease of 26.1% from the February 28th total of 708,100 shares. Based on an average daily trading volume, of 215,300 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.1% of the company's stock are sold short.
View Barnes Group's Short Interest
.

When is Barnes Group's next earnings date?

Barnes Group is scheduled to release its next quarterly earnings announcement on Friday, April 30th 2021.
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 Friday, April 30th 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 quarterly earnings results on Thursday, February, 18th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.03. The industrial products company had revenue of $289.10 million for the quarter, compared to analysts' expectations of $285.34 million. Barnes Group had a trailing twelve-month return on equity of 8.63% and a net margin of 7.19%. The company's revenue for the quarter was down 21.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.86 earnings per share.
View Barnes Group's earnings history
.

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

Barnes Group's stock was trading at $44.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, B shares have increased by 12.7% and is now trading at $50.45.
View which stocks have been most impacted by COVID-19
.

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

Barnes Group declared a quarterly dividend on Tuesday, February 16th. Shareholders of record on Thursday, February 25th will be paid a dividend of $0.16 per share on Wednesday, March 10th. This represents a $0.64 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Wednesday, February 24th.
View Barnes Group's dividend history
.

Is Barnes Group a good dividend stock?

Barnes Group pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.25%. Barnes Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Barnes Group is 19.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Barnes Group will have a dividend payout ratio of 33.33% next year. This indicates that Barnes Group will be able to sustain or increase its dividend.
View Barnes Group's dividend history.

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

Barnes Group updated its FY21 earnings guidance on Friday, February, 19th. The company provided earnings per share (EPS) guidance of $1.65-1.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.92.

What price target have analysts set for B?

10 brokers have issued 1-year price objectives for Barnes Group's shares. Their forecasts range from $10.00 to $64.00. On average, they anticipate Barnes Group's stock price to reach $42.20 in the next year. This suggests that the stock has a possible downside of 16.4%.
View analysts' price targets for Barnes Group
or view top-rated stocks among Wall Street analysts.

Who are Barnes Group's key executives?

Barnes Group's management team includes the following people:
  • Mr. Patrick J. Dempsey, Pres, CEO & Director (Age 57, Pay $1.23M)
  • Dr. Patrick T. Hurley Ph.D., Sr. VP & CTO (Age 48, Pay $836.66k)
  • Mr. Michael Andrew Beck, Sr. VP & and Pres of Barnes Aerospace (Age 61, Pay $782.49k)
  • Ms. Marian Acker, Interim CFO, VP, Controller & Principal Accounting Officer (Age 59)
  • Mr. William Pitts, Director of Investor Relations
  • Mr. James C. Pelletier, Sr. VP, Gen. Counsel & Sec. (Age 43)
  • Mr. Lukas Hovorka, Sr. VP of Corp. Devel.
  • Ms. Dawn N. Edwards, Sr. VP of HR (Age 52)
  • Mr. Stephen Geoffrey Moule, Sr. VP & Pres of Barnes Industrial (Age 48)
  • Mr. Michael V. Kennedy, VP of Tax and Treasury (Age 59)

What is Patrick J. Dempsey's approval rating as Barnes Group's CEO?

18 employees have rated Barnes Group CEO Patrick J. Dempsey on Glassdoor.com. Patrick J. Dempsey has an approval rating of 71% among Barnes Group's employees.

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), Micron Technology (MU), Zoetis (ZTS) and Transocean (RIG).

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 many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.06%), Founders Capital Management LLC (0.01%) and Everence Capital Management Inc. (0.01%). 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
.

Which institutional investors are selling Barnes Group stock?

B stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have sold Barnes Group company stock in the last year include Christopher J Stephens, and Dawn N Edwards.
View insider buying and selling activity for Barnes Group
or view top insider-selling stocks.

Which institutional investors are buying Barnes Group stock?

B stock was acquired by a variety of institutional investors in the last quarter, including Everence Capital Management Inc., and Founders Capital Management LLC. 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 activity for Barnes Group
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Barnes Group's stock price today?

One share of B stock can currently be purchased for approximately $50.45.

How much money does Barnes Group make?

Barnes Group has a market capitalization of $2.56 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.

How many employees does Barnes Group have?

Barnes Group employs 4,952 workers across the globe.

What is Barnes Group's official website?

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

Where are Barnes Group's headquarters?

Barnes Group is headquartered at 123 MAIN ST, BRISTOL CT, 06010.

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 4/13/2021 by MarketBeat.com Staff
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