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

Sign in or create an account to add this stock to your watchlist.
$53.34 +0.10 (+0.19 %)
(As of 05/27/2019 09:39 AM ET)
Previous Close$53.24
Today's Range$52.67 - $53.56
52-Week Range$49.06 - $72.70
Volume127,116 shs
Average Volume298,570 shs
Market Capitalization$2.74 billion
P/E Ratio16.57
Dividend Yield1.20%
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. It 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, this segment manufactures and supplies precision mechanical products, including mechanical springs, high-precision punched and fine-blanked components, and retention rings for use in transportation and industrial applications. It sells its products primarily through its direct sales force and distribution channels. Its Aerospace segment produces fabricated and precision machined components and assemblies for commercial and military aircraft turbine engines, nacelles, and structures; provides aircraft engine component maintenance, repair, and overhaul services for turbine engine manufacturers, commercial airlines, and the military; and manufactures and delivers aerospace aftermarket spare parts. This segment primarily serves original equipment manufacturing industry. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.

Receive B News and Ratings via Email

Sign-up to receive the latest news and ratings for B and its competitors with MarketBeat's FREE daily newsletter.

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$5.1486 per share
Book Value$23.45 per share

Profitability

Net Income$166.19 million

Miscellaneous

Employees5,908
Market Cap$2.74 billion
Next Earnings Date7/26/2019 (Estimated)
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, May 3rd. Investors of record on Friday, May 24th will be paid a dividend of $0.16 per share on Monday, June 10th. This represents a $0.64 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Thursday, May 23rd. View Barnes Group's Dividend History.

How were Barnes Group's earnings last quarter?

Barnes Group Inc. (NYSE:B) posted its quarterly earnings results on Friday, April, 26th. The industrial products company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.69 by $0.02. The industrial products company earned $376.69 million during the quarter, compared to analyst estimates of $374.04 million. Barnes Group had a net margin of 10.72% and a return on equity of 14.01%. The company's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.72 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, July 26th 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, April, 26th. The company provided EPS guidance of $3.23-3.35 for the period, compared to the Thomson Reuters consensus estimate of $3.27. The company issued revenue guidance of $1.56-1.59 billion (+4-6%), compared to the consensus revenue estimate of $1.57 billion.Barnes Group also updated its FY 2019 guidance to $3.23-3.35 EPS.

What price target have analysts set for B?

7 brokerages have issued 1 year price objectives for Barnes Group's shares. Their predictions range from $56.00 to $82.00. On average, they expect Barnes Group's share price to reach $65.8333 in the next year. This suggests a possible upside of 23.4% from the stock's current price. View Analyst Price Targets for Barnes Group.

What is the consensus analysts' recommendation for Barnes Group?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barnes Group in the last year. There are currently 4 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?

Headlines about B stock have been trending positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Barnes Group earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock'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), 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.49%), Dimensional Fund Advisors LP (6.12%), Wasatch Advisors Inc. (5.89%), Macquarie Group Ltd. (4.01%), Champlain Investment Partners LLC (2.48%) and Northern Trust Corp (1.77%). 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., Morgan Stanley, Eagle Asset Management Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co., Dimensional Fund Advisors LP, Macquarie Group Ltd. and Eagle Boston Investment Management Inc.. 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 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 Champlain Investment Partners LLC, Patriot Financial Group Insurance Agency LLC, Man Group plc, Renaissance Technologies LLC, Geode Capital Management LLC, Tributary Capital Management LLC, State of Wisconsin Investment Board and Ontario Teachers Pension Plan Board. 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 $53.34.

How big of a company is Barnes Group?

Barnes Group has a market capitalization of $2.74 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:  291 (Vote Outperform)
Underperform Votes:  366 (Vote Underperform)
Total Votes:  657
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 5/27/2019 by MarketBeat.com Staff

Featured Article: Technical Analysis

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel