NYSE:B - Barnes Group Stock Price, Price Target & More

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$60.32 +0.26 (+0.43 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$60.06
Today's Range$59.93 - $60.50
52-Week Range$52.42 - $72.87
Volume87,500 shs
Average Volume231,729 shs
Market Capitalization$3.20 billion
P/E Ratio20.94
Dividend Yield1.05%
Beta1.34
Barnes Group logoBarnes 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

Stock Exchange NYSE
Industry Miscellaneous fabricated metal products
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNYSE:B
CUSIP06780610
Phone860-583-7070

Debt

Debt-to-Equity Ratio0.39
Current Ratio2.27
Quick Ratio1.56

Price-To-Earnings

Trailing P/E Ratio20.94
Forward P/E Ratio19.46
P/E Growth4.9

Sales & Book Value

Annual Sales$1.44 billion
Price / Sales2.21
Cash Flow$4.5732 per share
Price / Cash13.19
Book Value$23.51 per share
Price / Book2.57

Profitability

EPS (Most Recent Fiscal Year)$2.88
Net Income$59.41 million
Net Margins4.12%
Return on Equity12.17%
Return on Assets6.70%

Miscellaneous

Employees5,375
Outstanding Shares52,590,000
Market Cap$3,198.06

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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 Friday, May 4th. Stockholders of record on Friday, May 25th will be given a dividend of $0.16 per share on Friday, June 8th. This represents a $0.64 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Thursday, May 24th. This is an increase from Barnes Group's previous quarterly dividend of $0.14. View Barnes Group's Dividend History.

How were Barnes Group's earnings last quarter?

Barnes Group Inc. (NYSE:B) released its earnings results on Friday, April, 27th. The industrial products company reported $0.72 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.68 by $0.04. The industrial products company earned $366.70 million during the quarter, compared to analyst estimates of $362.71 million. Barnes Group had a net margin of 4.12% and a return on equity of 12.17%. Barnes Group's revenue was up 7.3% on a year-over-year basis. During the same period last year, the firm posted $0.71 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, July, 27th 2018. View Earnings Estimates for Barnes Group.

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

Barnes Group issued an update on its FY18 earnings guidance on Friday, April, 27th. The company provided earnings per share guidance of $3.03-3.15 for the period, compared to the Thomson Reuters consensus estimate of $3.04. The company issued revenue guidance of +5-6% YoY to ~$1.50-1.52 billion, compared to the consensus revenue estimate of $1.51 billion.

What price target have analysts set for B?

5 analysts have issued 12-month target prices for Barnes Group's shares. Their forecasts range from $63.00 to $70.00. On average, they anticipate Barnes Group's stock price to reach $66.40 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price. View Analyst Ratings for Barnes Group.

What is the consensus analysts' recommendation for Barnes Group?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barnes Group in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Barnes Group's key competitors?

Who are Barnes Group's key executives?

Barnes Group's management team includes the folowing people:
  • Mr. Patrick J. Dempsey, Pres, CEO & Director (Age 54)
  • Mr. Christopher J. Stephens Jr., Sr. VP of Fin. & CFO (Age 53)
  • Ms. Dawn N. Edwards, Sr. VP of HR (Age 49)
  • Mr. Scott A. Mayo, Sr. VP (Age 50)
  • Mr. Michael Andrew Beck, Sr. VP (Age 58)

Has Barnes Group been receiving favorable news coverage?

Media headlines about B stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Barnes Group earned a news impact score of 0.14 on Accern's scale. They also gave press coverage about the industrial products company an impact score of 45.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are Barnes Group's major shareholders?

Barnes Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Mitsubishi UFJ Asset Management UK Ltd. (0.04%). 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 buying Barnes Group stock?

B stock was purchased by a variety of institutional investors in the last quarter, including Mitsubishi UFJ Asset Management UK Ltd.. 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 $60.32.

How big of a company is Barnes Group?

Barnes Group has a market capitalization of $3.20 billion and generates $1.44 billion in revenue each year. The industrial products company earns $59.41 million in net income (profit) each year or $2.88 on an earnings per share basis. Barnes Group employs 5,375 workers across the globe.

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:  220 (Vote Outperform)
Underperform Votes:  288 (Vote Underperform)
Total Votes:  508
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 7/17/2018 by MarketBeat.com Staff

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