Barnes Stock Today

B Stock  USD 45.76  0.12  0.26%   
Market Performance
15 of 100
Odds Of Distress
Less than 31
Barnes is trading at 45.76 as of the 6th of February 2023, a -0.26 percent down since the beginning of the trading day. The stock's open price was 45.88. Barnes has about a 31 percent probability of financial distress in the next few years of operation but had a somewhat 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 7th of January 2023 and ending today, the 6th of February 2023. Click here to learn more.
CUSIP
067806109
Fiscal Year End
December
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 50.57 M outstanding shares of which 799.4 K shares are currently sold short by investors with about 4.4 days to cover all short positions. More on Barnes Group

Moving together with Barnes

+0.73PHParker-Hannifin Sell-off TrendPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

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
Fama & French Classification
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.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Barnes Group based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Barnes Group financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted62.2 M58.7 M
Notably Up
Up
Very volatile
Weighted Average Shares61.8 M58.6 M
Notably Up
Up
Pretty Stable
Return on Average Assets5.524.37
Significantly Up
Down
Pretty Stable
Net Cash Flow from Operations150.4 M151 M
Slightly Down
Up
Slightly volatile
Current Liabilities267.1 M279.4 M
Sufficiently Down
Up
Slightly volatile
Total Liabilities998.1 MB
Sufficiently Down
Up
Slightly volatile
Gross Margin31.8532.53
Fairly Down
Down
Very volatile
Total Debt716.7 M694.2 M
Sufficiently Up
Up
Slightly volatile
Asset Turnover0.640.55
Fairly Up
Down
Slightly volatile
Current Assets590.5 M612.2 M
Sufficiently Down
Up
Slightly volatile
Total Assets2.1 B2.3 B
Significantly Down
Up
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Barnes' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
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 599.93 M 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.

Operating Cash Flow

150.38 Million
Barnes Group (B) is traded on New York Stock Exchange in USA and employs 5,100 people. Barnes is listed under Industrial Machinery category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current capitalization of 2.32 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 50.57 M outstanding shares of which 799.4 K shares are currently sold short by investors with about 4.4 days to cover all short positions. Barnes Group has accumulated about 102.86 M in cash with 167.81 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.43.
Check Barnes Probability Of Bankruptcy
Ownership
Barnes holds a total of fifty million five hundred sixty-eight thousand eight hundred 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 about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation

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 roughly 2.48%. 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 1.1037 suggesting Barnes Group market returns are sensitive to returns on the market. As the market goes up or down, Barnes is expected to follow. Additionally, the company has an alpha of 0.2456, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 45.76HorizonTargetOdds Above 45.76
97.48%90 days
 45.76 
2.48%
Based on a normal probability distribution, the odds of Barnes to move above the current price in 90 days from now is roughly 2.48 (This Barnes Group probability density function shows the probability of Barnes Stock to fall within a particular range of prices over 90 days) .

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.
Barnes Direct Expenses is projected to increase significantly based on the last few years of reporting. The past year's Direct Expenses was at 723.47 Million. The current year Consolidated Income is expected to grow to about 99.1 M, whereas Gross Profit is forecasted to decline to about 517.1 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.

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 Mangum - Independent DirectorProfile
William Pitts - Director - Planning & Investor RelationsProfile
Richard Hipple - Independent DirectorProfile
Francis Kramer - Independent DirectorProfile

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.
Continue to Trending Equities. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Barnes Group 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 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
(0.40) 
Market Capitalization
2.3 B
Quarterly Revenue Growth
(0.032) 
Return On Assets
0.0381
Return On Equity
0.0196
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 Barnes value 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.