Barnes Group Inc. (B)
NYSE: B · IEX Real-Time Price · USD
41.53
+0.58 (1.42%)
May 20, 2024, 1:10 PM EDT - Market open
Barnes Group Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Barnes Group stock have an average target of 40.67, with a low estimate of 34 and a high estimate of 45. The average target predicts a decrease of -2.07% from the current stock price of 41.53.
Analyst Consensus: Buy
* Price targets were last updated on Apr 18, 2024.
Analyst Ratings
The average analyst rating for Barnes Group stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 2 | 2 | 3 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $35 → $45 | Hold → Strong Buy | Upgrades | $35 → $45 | +8.36% | Apr 18, 2024 |
Oppenheimer | Oppenheimer | Buy Maintains $36 → $43 | Buy | Maintains | $36 → $43 | +3.54% | Feb 20, 2024 |
Truist Securities | Truist Securities | Hold Maintains $23 → $34 | Hold | Maintains | $23 → $34 | -18.13% | Jan 10, 2024 |
Oppenheimer | Oppenheimer | Buy Maintains $48 → $30 | Buy | Maintains | $48 → $30 | -27.76% | Oct 30, 2023 |
Truist Securities | Truist Securities | Hold Maintains $40 → $37 | Hold | Maintains | $40 → $37 | -10.91% | Oct 20, 2023 |
Financial Forecast
Revenue This Year
1.67B
from 1.45B
Increased by 14.97%
Revenue Next Year
1.74B
from 1.67B
Increased by 4.26%
EPS This Year
1.73
from 0.31
Increased by 457.71%
EPS Next Year
2.14
from 1.73
Increased by 23.88%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.7B | 1.8B | 2.0B | 2.1B | 1.5B |
Avg | 1.7B | 1.7B | 1.9B | 2.0B | 1.5B |
Low | 1.6B | 1.6B | 1.8B | 1.9B | 1.4B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 19.2% | 8.8% | 12.8% | 8.9% | -24.4% |
Avg | 15.0% | 4.3% | 8.4% | 5.7% | -26.5% |
Low | 9.5% | -2.3% | 3.0% | 1.6% | -29.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 1.83 | 2.42 | 2.67 | 3.26 |
Avg | 1.73 | 2.14 | 2.59 | 3.16 |
Low | 1.62 | 1.96 | 2.49 | 3.04 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 489.4% | 39.7% | 24.5% | 25.6% |
Avg | 457.7% | 23.9% | 21.0% | 22.0% |
Low | 421.6% | 13.3% | 16.2% | 17.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.