Barnes Group Stock Today

B Stock  USD 39.19  0.77  2.00%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 8

 
High
 
Low
Low
Barnes is trading at 39.19 as of the 15th of June 2024, a 2.00 percent up since the beginning of the trading day. The stock's open price was 38.42. Barnes has only a 8 % chance of going through financial distress over the next few years but had a somewhat modest 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 21st of June 2023 and ending today, the 15th of June 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 1.14 M shares are currently sold short by investors with about 4.7 days to cover all short positions. More on Barnes Group

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Barnes Stock Highlights

ESG Sustainability
Environmental
Governance
Social
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, Construction Materials, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
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 can leverage 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.
Liquidity
Barnes Group 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. Note however, debt could still be an excellent tool for Barnes to invest in growth at high rates of return.

Sale Purchase Of Stock

(953,400)
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 1.99 B. Barnes Group operates under Machinery sector and is part of Industrials industry. The entity has 50.7 M outstanding shares of which 1.14 M shares are currently sold short by investors with about 4.7 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 holds 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. Also note that nearly five hundred seven thousand twenty-one invesors are currently shorting Barnes expressing very little confidence in its future performance.
Check Barnes Ownership Details

Barnes Stock Institutional Holders

InstituionRecorded OnShares
Champlain Investment Partners, Llc2024-03-31
813.3 K
Mason Capital Management Llc2024-03-31
790.1 K
Kennedy Capital Management Inc2024-03-31
753.6 K
Palisade Capital Management Llc2024-03-31
731 K
Morgan Stanley - Brokerage Accounts2024-03-31
717.4 K
Northern Trust Corp2024-03-31
666.4 K
Thrivent Financial For Lutherans2024-03-31
629.6 K
Select Equity Group Lp2024-03-31
623.4 K
Patriot Financial Group Insurance Agency, Llc2024-03-31
500.4 K
Blackrock Inc2024-03-31
7.8 M
Vanguard Group Inc2024-03-31
5.7 M
View Barnes Diagnostics

Barnes Historical Income Statement

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

Barnes Corporate Directors

Mylle MangumIndependent DirectorProfile
William PittsDirector - Planning & Investor RelationsProfile
Richard HippleIndependent DirectorProfile
JoAnna SohovichIndependent DirectorProfile

Additional Information and Resources on Investing in Barnes Stock

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 closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Industrial Machinery & Supplies & Components space 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
(0.85)
Dividend Share
0.64
Earnings Share
0.09
Revenue Per Share
30.25
Quarterly Revenue Growth
0.284
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.