Barnes Group Inc. (B)
| Market Cap | 2.40B |
| Revenue (ttm) | 1.62B |
| Net Income (ttm) | -39.80M |
| Shares Out | 50.98M |
| EPS (ttm) | -0.78 |
| PE Ratio | n/a |
| Forward PE | 24.84 |
| Dividend | $0.64 (1.36%) |
| Ex-Dividend Date | Aug 22, 2024 |
| Volume | 1,879,929 |
| Open | 47.12 |
| Previous Close | 47.13 |
| Day's Range | 47.11 - 47.16 |
| 52-Week Range | 29.68 - 47.40 |
| Beta | 1.33 |
| Analysts | Hold |
| Price Target | 47.67 (+1.08%) |
| Earnings Date | Feb 14, 2025 |
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 "Hold." The 12-month stock price forecast is $47.67, which is an increase of 1.08% from the latest price.
News
BARNES GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Barnes Group Inc. - B
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Barnes Group Inc...
SHAREHOLDER INVESTIGATION: Johnson Fistel Investigates the Merger of Barnes Group Inc – B
SAN DIEGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP , a leading stockholder rights law firm, announced that it is investigating claims on behalf of Barnes Group Inc (NYSE: B) shareholders...
Barnes Reports Third 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...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Barnes Group Inc.
NEW YORK , Oct. 7, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Barnes Group Inc. (NYSE: B) and its board of directors concerning the proposed acquisiti...
Merger News: Johnson Fistel Investigates Barnes Group and its Directors and Management Following Sale
SAN DIEGO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP , a leading stockholder rights law firm, announced that it is investigating claims on behalf The Barnes Group Inc (NYSE: B) shareholder...
Apollo Global to Take Barnes Group Private in $3.6 Billion Deal
Barnes Group has agreed to be acquired and taken private by Apollo Global Management in an all-cash deal that values the company at $3.6 billion.
Apollo Funds to take Barnes Group private in $3.6 bln deal
Barnes Group said on Monday that private equity Apollo Funds would acquire the aerospace parts maker in an about $3.6 billion deal, sending its shares up nearly 3% in premarket trade.
Barnes Group to Be Acquired by Apollo Funds for $3.6 Billion
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) (“Barnes” or “the Company”), a global provider of highly engineered products, differentiated industrial technologies and innovative solutio...
Barnes Announces Third Quarter 2024 Earnings Conference Call and Webcast
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release third quarter 2024 financial results on Friday, October 25, 2024, before the market opens. Barnes will also...
Orsinger, Nelson, Downing & Anderson Lands 13 on Texas Super Lawyers List
DALLAS--(BUSINESS WIRE)--Orsinger, Nelson, Downing & Anderson, one of the largest family law firms in the state, increased its presence on this year's Texas Super Lawyers list with 13 partners recogni...
Barnes to Present at the 2024 Jefferies Industrials Conference
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, announced today that Th...
Intel Reports Second-Quarter 2024 Financial Results; Announces $10 Billion Cost Reduction Plan to Increase Efficiency and Market Competitiveness
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation releases second-quarter 2024 earnings.
Barnes Aerospace Announces Long-Term Agreement with MTU Aero Engines AG Valued at $33 Million
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Aerospace is pleased to announce a long-term agreement extension with MTU Aero Engines AG, through which it will provide a package of precision fabricated compo...
Barnes Group Roiled By Recent News, But Transformation Rolls On
Barnes Group Inc. missed earnings estimates, leading to a drop in stock price on July 26. Reports suggest Barnes is exploring options, potentially looking for a buyer. Despite short-term setbacks, Bar...
Barnes Group Inc. (B) Q2 2024 Earnings Call Transcript
Barnes Group Inc. (NYSE:B) Q2 2024 Earnings Call Transcript July 26, 2024 8:30 AM ET Company Participants Bill Pitts - VP of IR Thomas Hook - President and CEO Julie Streich - SVP, Finance and CFO Co...
Barnes Reports Second 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...
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 September...
Barnes Announces Second Quarter 2024 Earnings Conference Call and Webcast
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release second quarter 2024 financial results on Friday, July 26, 2024, before the market opens. Barnes will also h...
Barnes Aerospace and RTX's Pratt & Whitney Canada Sign Long-Term Agreement for Aerospace Engine Component Repair
BRISTOL, Conn.--(BUSINESS WIRE)--During the recent MRO Americas show in Chicago, Barnes Aerospace and RTX's Pratt & Whitney Canada announced a significant milestone: a long-term extension of a repair ...
Barnes Group: A Promising Turnaround With An Aerospace Focus
The share price of the Barnes Group, an industrial and aerospace company, has dropped significantly in recent years. It is now involved in a transformation project that aims to move its businesses tow...
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 Group Inc. (B) Q1 2024 Earnings Call Transcript
Barnes Group Inc. (NYSE:B) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants William Pitts - VP, IR Julie K. Streich - SVP, Finance and CFO Thomas J.
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...