Barnes Group Inc. (B)
| Market Cap | 1.94B |
| Revenue (ttm) | 1.55B |
| Net Income (ttm) | 4.79M |
| Shares Out | 50.70M |
| EPS (ttm) | 0.09 |
| PE Ratio | 426.22 |
| Forward PE | 20.77 |
| Dividend | $0.64 (1.67%) |
| Ex-Dividend Date | May 29, 2024 |
| Volume | 201,763 |
| Open | 37.43 |
| Previous Close | 37.45 |
| Day's Range | 37.35 - 38.41 |
| 52-Week Range | 18.79 - 43.66 |
| Beta | 1.37 |
| Analysts | Buy |
| Price Target | 40.67 (+6.02%) |
| Earnings Date | Apr 26, 2024 |
About B
Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally. The company operates through two segments: Industrial and Aerospace. The Industrial segment offers precision components, products, and systems used by various customers in end-markets, such as mobility, industrial equipment, automation, personal care, packaging, electronics, and medical devices. This segment also designs and manufactures hot runner systems, mold cavity sensors and process control systems, and precisio... [Read more]
Financial Performance
In 2023, Barnes Group's revenue was $1.45 billion, an increase of 14.98% compared to the previous year's $1.26 billion. Earnings were $16.00 million, an increase of 18.67%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for B stock is "Buy." The 12-month stock price forecast is $40.67, which is an increase of 6.02% from the latest price.
News
IDC Forecasts Slower Growth for Global Telecommunications Services Market: Could AI Help Telcos to Maintain Healthy Margins?
NEEDHAM, Mass.--(BUSINESS WIRE)-- #Data--Worldwide spending on Telecom Services and Pay TV Services reached $1,509 billion in 2023, an increase of 2.1% over 2022, according to IDC.
Barnes Declares Quarterly Dividend
BRISTOL, Conn.--(BUSINESS WIRE)--The Board of Directors of Barnes Group Inc. (NYSE: B) has declared a quarterly cash dividend of sixteen cents ($0.16) per share. The dividend will be payable June 10, ...
Barnes Reports First Quarter 2024 Financial Results
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today reported financia...
Flushing Financial Corporation Reports 1Q24 GAAP and Core EPS of $0.12 and $0.14, Respectively; Excellent Quality Driven by Low Risk Credit Profile
"We take pride in what we believe is our low risk credit profile that has performed well over our 95-year history. While there have been increased concerns about commercial real estate loans, especial...
Barnes Aerospace Announces Expanded Aero Engine MRO Facility – East Granby, Connecticut
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Aerospace proudly announces the completion of its newly expanded Maintenance, Repair, and Overhaul (MRO) facility in East Granby, Connecticut. The project provi...
One Equity Partners Completes Acquisition of Associated Spring
NEW YORK--(BUSINESS WIRE)-- #carveout--One Equity Partners announces it has completed the acquisition of Associated Spring from Barnes Group Inc.
Barnes Announces Completion of Previously Announced Sale of Associated Spring™ and Hänggi™ Businesses
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced the completion of its previously announced sale of its Associated Spring™ and Hänggi™ businesses to One Equity Partners. “T...
Barnes Announces First Quarter 2024 Earnings Conference Call and Webcast
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release first quarter 2024 financial results on Friday, April 26, 2024, before the market opens. Barnes will also h...
Barnes Announces Update to Board of Directors
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today announced the pla...
Irenic Encourages Barnes Group to Move with Greater Urgency to Collaborate on Necessary Board Improvements
NEW YORK--(BUSINESS WIRE)--Irenic Capital Management LP (together with its affiliates, “Irenic” or “we”), a top shareholder of Barnes Group Inc. (NYSE: B) (“Barnes” or the “Company”) and the beneficia...
Barnes Reports Fourth Quarter and Full Year 2023 Financial Results
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today reported financia...
Barnes Announces Sale of Associated Spring™ and Hänggi™ Businesses as Part of Continued Portfolio Optimization and Long-term Profitable Growth Strategy
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today announced that it...
Barnes Announces Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release fourth quarter and full year 2023 financial results on Friday, February 16, 2024, before the market opens. ...
Barnes Reports Third Quarter 2023 Financial Results
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today reported financia...
Barnes Announces Third Quarter 2023 Earnings Conference Call and Webcast
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release third quarter 2023 financial results on Friday, October 27, 2023, before the market opens. Barnes will also...
Barnes Completes the Acquisition of MB Aerospace
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced that it has completed its previously announced acquisition of MB Aerospace, a leading provider of precision aero-engine com...
Barnes Reports Second Quarter 2023 Financial Results
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today reported financia...
5 Ideas in Small Caps as They Join the Rally
Xerox, First Financial Bancorp, Leslie's, Barnes Group, and Merchants Bancorp pop up on screens for smaller companies expected to grow earnings.
Barnes Announces Second Quarter 2023 Earnings Conference Call and Webcast
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release second quarter 2023 financial results on Friday, July 28, 2023, before the market opens. Barnes will also h...
Barnes Group buying MB Aerospace in $740 mln deal
Barnes Group Inc. B, +4.78% on Monday announced plans to buy Motherwell, U.K.-based component maker MB Aerospace in a deal valued at about $740 million. The deal is expected to close in the fourth qua...
Barnes to Acquire MB Aerospace
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced that it has entered into a definitive agreement to acquire MB Aerospace (“MB”). MB Aerospace is a leading provider of preci...
Barnes Reports First Quarter 2023 Financial Results
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today reported financia...
Barnes Announces First Quarter 2023 Earnings Conference Call and Webcast
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release first quarter 2023 financial results on Thursday, April 27, 2023, before the market opens. Barnes will also...
Barnes Reports Fourth Quarter and Full Year 2022 Financial Results
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today reported financia...
Barnes Group Inc. Appoints Neal J. Keating to Board of Directors
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today announced the app...