NYSE:BBarnes Group Stock Price, Forecast & News

Barnes Group's stock was trading at $44.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, B shares have decreased by 8.5% and is now trading at $40.95. View which stocks have been mosted impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barnes Group in the last year. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Barnes Group.

Barnes Group is scheduled to release its next quarterly earnings announcement on Friday, April 24th 2020. View our earnings forecast for Barnes Group.

Barnes Group will be holding an earnings conference call on Friday, April 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Barnes Group Inc. (NYSE:B) released its earnings results on Friday, February, 21st. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.02. The industrial products company had revenue of $370.20 million for the quarter, compared to the consensus estimate of $375.93 million. Barnes Group had a return on equity of 13.47% and a net margin of 10.62%. Barnes Group's revenue for the quarter was down 3.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.84 EPS. View Barnes Group's earnings history.

Barnes Group declared a quarterly dividend on Friday, February 14th. Stockholders of record on Thursday, February 27th will be paid a dividend of $0.16 per share on Tuesday, March 10th. This represents a $0.64 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Wednesday, February 26th. View Barnes Group's dividend history.

Barnes Group updated its FY20 earnings guidance on Friday, February, 21st. The company provided earnings per share (EPS) guidance of $3.12-3.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.41. The company issued revenue guidance of down slightly from $1.49 billion, compared to the consensus revenue estimate of $1.51 billion.

12 analysts have issued 12-month target prices for Barnes Group's shares. Their forecasts range from $15.00 to $72.00. On average, they anticipate Barnes Group's stock price to reach $53.33 in the next twelve months. This suggests a possible upside of 30.2% from the stock's current price. View analysts' price targets for Barnes Group.

Media stories about B stock have been trending very negative on Tuesday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Barnes Group earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutBarnes Group.

Barnes Group saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 707,200 shares, an increase of 16.5% from the February 27th total of 607,200 shares. Based on an average daily volume of 176,300 shares, the short-interest ratio is currently 4.0 days. Currently, 1.5% of the company's shares are sold short. View Barnes Group's Current Options Chain.

Some companies that are related to Barnes Group include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Pentair (PNR), Snap-on (SNA), Ingersoll-Rand (IR), Gardner Denver (GDI), Donaldson (DCI), ITT (ITT) and Lincoln Electric (LECO).

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), NIC (EGOV), Aegean Marine Petroleum Network (ANW), ALJ Regional (ALJJ), Micron Technology (MU) and Apollo Commercial Real Est. Finance (ARI).

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

Barnes Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.09%). 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.

B stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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.

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.

One share of B stock can currently be purchased for approximately $40.95.

Barnes Group has a market capitalization of $2.08 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. View additional information about Barnes Group.

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

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]