Barnes Group Stock Today

B Stock  USD 36.44  0.13  0.36%   

Performance

11 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 8

 
100  
 
Zero
Low
Barnes is trading at 36.44 as of the 18th of March 2024, a -0.36 percent decrease since the beginning of the trading day. The stock's open price was 36.57. Barnes has only a 8 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Equity ratings for Barnes Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
7th of September 1984
Category
Industrials
Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut. Barnes operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. The company has 50.7 M outstanding shares of which 1.09 M shares are currently sold short by investors with about 3.29 days to cover all short positions. More on Barnes Group

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Barnes Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Barnes' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Barnes or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOPatrick Dempsey
Thematic IdeaConstruction Materials (View all Themes)
Business ConcentrationIndustrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, NYSE Composite, Stock Exchange Of, SP Small-Cap 600, SET Total Return, Construction Materials, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Barnes report their recommendations after researching Barnes' financial statements, talking to executives and customers, or listening in on Barnes' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Barnes Group. The Barnes consensus assessment is calculated by taking the average forecast from all of the analysts covering Barnes.
Financial Strength
Based on the key indicators related to Barnes' liquidity, profitability, solvency, and operating efficiency, Barnes Group is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Barnes Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00460.0048
Notably Down
Slightly volatile
Asset Turnover0.420.4388
Sufficiently Down
Slightly volatile
Gross Profit Margin0.410.3051
Significantly Up
Very volatile
Net Debt1.3 B1.2 B
Sufficiently Up
Slightly volatile
Total Current Liabilities215.3 M396.6 M
Way Down
Slightly volatile
Non Current Liabilities Total1.6 B1.5 B
Sufficiently Up
Slightly volatile
Total Assets3.5 B3.3 B
Sufficiently Up
Slightly volatile
Total Current Assets952.1 M906.7 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities112 M112.4 M
Slightly Down
Pretty Stable
Barnes' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Barnes' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Barnes' financial leverage. It provides some insight into what part of Barnes' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Barnes' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Barnes deploys its capital and how much of that capital is borrowed.
Liquidity
Barnes cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 1.34 B in total debt with debt to equity ratio (D/E) of 0.44, which looks OK as compared to the sector. Barnes Group has a current ratio of 2.37, implying that it is liquid and has the capability to pay out its interest payments when they become due. Debt can assist Barnes until it has trouble settling it off, either with new capital or with free cash flow. So, Barnes' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Barnes Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Barnes to invest in growth at high rates of return. When we think about Barnes' use of debt, we should always consider it together with cash and equity.

Sale Purchase Of Stock

1.46 Billion
Barnes Group (B) is traded on New York Stock Exchange in USA. It is located in 123 Main Street, Bristol, CT, United States, 06010-6376 and employs 6,500 people. Barnes is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current capitalization of 1.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Barnes's market, we take the total number of its shares issued and multiply it by Barnes's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Barnes Group operates under Machinery sector and is part of Industrials industry. The entity has 50.7 M outstanding shares of which 1.09 M shares are currently sold short by investors with about 3.29 days to cover all short positions. Barnes Group has accumulated about 76.86 M in cash with 112.42 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.43.
Check Barnes Probability Of Bankruptcy
Ownership Allocation
Barnes Group retains a total of 50.7 Million outstanding shares. The majority of Barnes Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Barnes Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Barnes. Please pay attention to any change in the institutional holdings of Barnes Group as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Barnes Ownership Details

Barnes Stock Price Odds Analysis

What are Barnes' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Barnes jumping above the current price in 90 days from now is about 11.34%. The Barnes Group probability density function shows the probability of Barnes stock to fall within a particular range of prices over 90 days. Taking into account the 90-day investment horizon the stock has a beta coefficient of 2.2521 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Barnes will likely underperform. Additionally, the company has an alpha of 0.0788, implying that it can generate a 0.0788 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 36.44HorizonTargetOdds Above 36.44
88.57%90 days
 36.44 
11.34%
Based on a normal probability distribution, the odds of Barnes to move above the current price in 90 days from now is about 11.34 (This Barnes Group probability density function shows the probability of Barnes Stock to fall within a particular range of prices over 90 days) .

Barnes Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Barnes that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Barnes' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Barnes' value.
InstituionRecorded OnShares
Mason Capital Management Llc2023-12-31
961.4 K
Morgan Stanley - Brokerage Accounts2023-12-31
838.1 K
Thrivent Financial For Lutherans2023-12-31
798 K
Charles Schwab Investment Management Inc2023-12-31
771.6 K
Palisade Capital Management Llc2023-12-31
708 K
Northern Trust Corp2023-12-31
697.9 K
Kennedy Capital Management Inc2023-12-31
681.1 K
Geneva Capital Management2023-12-31
642.3 K
Patriot Financial Group Insurance Agency, Llc2023-12-31
494.5 K
Blackrock Inc2023-12-31
M
Vanguard Group Inc2023-12-31
5.5 M
View Barnes Diagnostics

Barnes Historical Income Statement

Barnes Group Income Statement is one of the three primary financial statements used for reporting Barnes's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Barnes Group revenue and expense. Barnes Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Barnes' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 25.6 M, whereas Interest Expense is forecasted to decline to about 62.2 M. View More Fundamentals

Barnes Stock Against Markets

Picking the right benchmark for Barnes stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Barnes stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Barnes is critical whether you are bullish or bearish towards Barnes Group at a given time. Please also check how Barnes' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Barnes without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Barnes Corporate Directors

Barnes corporate directors refer to members of a Barnes board of directors. The board of directors generally takes responsibility for the Barnes' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Barnes' board members must vote for the resolution. The Barnes board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Mylle MangumIndependent DirectorProfile
William PittsDirector - Planning & Investor RelationsProfile
Richard HippleIndependent DirectorProfile
Francis KramerIndependent DirectorProfile

How to buy Barnes Stock?

Before investing in Barnes, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Barnes. To buy Barnes stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Barnes. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Barnes stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Barnes Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Barnes Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Barnes Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Barnes Stock please use our How to Invest in Barnes guide.

Already Invested in Barnes Group?

The danger of trading Barnes Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Barnes is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Barnes. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Barnes Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Barnes Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Barnes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Barnes Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Barnes Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Barnes Group information on this page should be used as a complementary analysis to other Barnes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Barnes Stock analysis

When running Barnes' price analysis, check to measure Barnes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barnes is operating at the current time. Most of Barnes' value examination focuses on studying past and present price action to predict the probability of Barnes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barnes' price. Additionally, you may evaluate how the addition of Barnes to your portfolios can decrease your overall portfolio volatility.
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Is Barnes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barnes. If investors know Barnes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barnes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.53)
Dividend Share
0.64
Earnings Share
0.31
Revenue Per Share
28.419
Quarterly Revenue Growth
0.326
The market value of Barnes Group is measured differently than its book value, which is the value of Barnes that is recorded on the company's balance sheet. Investors also form their own opinion of Barnes' value that differs from its market value or its book value, called intrinsic value, which is Barnes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barnes' market value can be influenced by many factors that don't directly affect Barnes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barnes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barnes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barnes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.