Barnes Income Statement Research

B Stock  USD 37.48  1.21  3.34%   
Most accounts from Barnes' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Barnes Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Barnes Valuation and Barnes Correlation analysis.
  
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.
Most accounts from Barnes' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Barnes Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Barnes Valuation and Barnes Correlation analysis.
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.
 2021 2022 2023 2024 (projected)
Gross Profit455.0M421.9M442.9M370.6M
Total Revenue1.3B1.3B1.5B1.0B

Barnes income statement Correlations

0.820.740.640.590.690.290.260.460.650.78-0.03-0.66-0.140.120.52-0.18-0.270.630.640.02-0.37-0.770.710.64-0.66
0.820.490.260.160.35-0.18-0.21-0.020.30.53-0.43-0.71-0.35-0.180.13-0.44-0.230.660.94-0.17-0.06-0.980.880.55-0.9
0.740.490.890.830.940.450.450.650.90.990.19-0.48-0.030.130.570.04-0.40.530.380.02-0.3-0.450.410.6-0.15
0.640.260.890.970.990.770.770.90.990.880.56-0.170.270.380.560.36-0.240.180.130.23-0.48-0.20.260.340.06
0.590.160.830.970.920.870.870.950.930.830.68-0.090.30.430.590.49-0.320.17-0.010.29-0.58-0.130.220.380.11
0.690.350.940.990.920.670.660.830.990.920.43-0.270.190.310.550.23-0.250.260.250.17-0.41-0.290.320.39-0.02
0.29-0.180.450.770.870.671.00.950.710.450.930.290.520.580.450.76-0.13-0.2-0.340.44-0.640.2-0.020.050.34
0.26-0.210.450.770.870.661.00.950.70.440.930.310.510.590.450.76-0.11-0.2-0.360.44-0.620.23-0.050.030.37
0.46-0.020.650.90.950.830.950.950.860.640.810.10.420.530.580.61-0.17-0.02-0.140.36-0.60.050.070.20.28
0.650.30.90.990.930.990.710.70.860.880.49-0.20.250.350.530.28-0.20.180.20.2-0.42-0.230.270.310.04
0.780.530.990.880.830.920.450.440.640.880.18-0.51-0.050.120.560.03-0.430.560.390.02-0.34-0.490.460.64-0.22
-0.03-0.430.190.560.680.430.930.930.810.490.180.620.620.590.290.870.03-0.46-0.540.48-0.510.45-0.29-0.230.53
-0.66-0.71-0.48-0.17-0.09-0.270.290.310.1-0.2-0.510.620.520.32-0.250.620.42-0.85-0.640.33-0.020.73-0.69-0.750.62
-0.14-0.35-0.030.270.30.190.520.510.420.25-0.050.620.520.110.290.66-0.06-0.41-0.420.0-0.040.4-0.25-0.240.42
0.12-0.180.130.380.430.310.580.590.530.350.120.590.320.110.210.120.24-0.28-0.260.97-0.730.19-0.2-0.250.22
0.520.130.570.560.590.550.450.450.580.530.560.29-0.250.290.210.15-0.470.45-0.030.02-0.3-0.110.060.560.08
-0.18-0.440.040.360.490.230.760.760.610.280.030.870.620.660.120.15-0.1-0.44-0.510.03-0.210.43-0.22-0.170.5
-0.27-0.23-0.4-0.24-0.32-0.25-0.13-0.11-0.17-0.2-0.430.030.42-0.060.24-0.47-0.1-0.61-0.090.290.140.34-0.41-0.820.1
0.630.660.530.180.170.26-0.2-0.2-0.020.180.56-0.46-0.85-0.41-0.280.45-0.44-0.610.54-0.310.04-0.710.620.87-0.54
0.640.940.380.13-0.010.25-0.34-0.36-0.140.20.39-0.54-0.64-0.42-0.26-0.03-0.51-0.090.54-0.220.08-0.920.80.4-0.8
0.02-0.170.020.230.290.170.440.440.360.20.020.480.330.00.970.020.030.29-0.31-0.22-0.720.16-0.18-0.310.15
-0.37-0.06-0.3-0.48-0.58-0.41-0.64-0.62-0.6-0.42-0.34-0.51-0.02-0.04-0.73-0.3-0.210.140.040.08-0.720.1-0.15-0.230.01
-0.77-0.98-0.45-0.2-0.13-0.290.20.230.05-0.23-0.490.450.730.40.19-0.110.430.34-0.71-0.920.160.1-0.92-0.620.89
0.710.880.410.260.220.32-0.02-0.050.070.270.46-0.29-0.69-0.25-0.20.06-0.22-0.410.620.8-0.18-0.15-0.920.59-0.81
0.640.550.60.340.380.390.050.030.20.310.64-0.23-0.75-0.24-0.250.56-0.17-0.820.870.4-0.31-0.23-0.620.59-0.39
-0.66-0.9-0.150.060.11-0.020.340.370.280.04-0.220.530.620.420.220.080.50.1-0.54-0.80.150.010.89-0.81-0.39
Click cells to compare fundamentals

Barnes Account Relationship Matchups

Barnes income statement Accounts

201920202021202220232024 (projected)
Interest Expense20.6M15.9M16.2M14.6M65.5M62.2M
Total Revenue1.5B1.1B1.3B1.3B1.5B1.0B
Gross Profit547.0M403.2M455.0M421.9M442.9M370.6M
Operating Income236.4M123.4M150.0M121.0M102.8M102.2M
Ebit236.4M123.4M150.0M121.0M102.8M92.2M
Ebitda326.5M205.1M235.1M213.2M228.6M145.2M
Cost Of Revenue944.2M721.2M803.9M840.0M1.0B654.1M
Income Before Tax206.8M101.5M127.8M38.2M33.3M31.6M
Net Income158.4M63.4M99.9M13.5M16.0M15.2M
Income Tax Expense48.5M38.1M27.9M24.7M17.3M25.6M
Research Development15.7M16.9M22.9M15.8M13.9M12.2M
Tax Provision48.5M38.1M27.9M24.7M21.9M37.5M
Interest Income12.4M15.9M16.2M15.1M17.4M13.4M
Net Interest Income(20.6M)(15.9M)(16.2M)(14.6M)(39.0M)(37.0M)

Pair Trading with Barnes

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barnes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barnes will appreciate offsetting losses from the drop in the long position's value.

Moving together with Barnes Stock

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Moving against Barnes Stock

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The ability to find closely correlated positions to Barnes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barnes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barnes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barnes Group to buy it.
The correlation of Barnes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barnes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barnes Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Barnes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Barnes Valuation and Barnes Correlation analysis.
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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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.