Barnes Group Inc. (B)
NYSE: B · IEX Real-Time Price · USD
42.07
-0.22 (-0.52%)
At close: Jul 19, 2024, 4:00 PM
42.15
+0.08 (0.19%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Barnes Group Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Barnes Group stock have an average target of 43.33, with a low estimate of 34 and a high estimate of 48. The average target predicts an increase of 3.00% from the current stock price of 42.07.
Analyst Consensus: Buy
* Price targets were last updated on Jun 14, 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 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 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $43 → $48 | Buy | Maintains | $43 → $48 | +14.10% | Jun 14, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $45 → $48 | Strong Buy | Maintains | $45 → $48 | +14.10% | Jun 13, 2024 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $35 → $45 | Hold → Strong Buy | Upgrades | $35 → $45 | +6.96% | Apr 18, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $36 → $43 | Buy | Maintains | $36 → $43 | +2.21% | Feb 20, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $23 → $34 | Hold | Maintains | $23 → $34 | -19.18% | Jan 10, 2024 |
Financial Forecast
Revenue This Year
1.68B
from 1.45B
Increased by 16.07%
Revenue Next Year
1.76B
from 1.68B
Increased by 4.22%
EPS This Year
1.76
from 0.31
Increased by 469.23%
EPS Next Year
2.22
from 1.76
Increased by 25.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.8B | 1.8B | 2.0B | 2.1B | 1.5B |
| Avg | 1.7B | 1.8B | 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 | 21.0% | 9.0% | 11.7% | 8.3% | -24.4% |
| Avg | 16.1% | 4.2% | 8.0% | 5.2% | -26.5% |
| Low | 10.3% | -3.0% | 3.2% | 1.1% | -29.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.84 | 2.42 | 2.77 | 3.26 |
| Avg | 1.76 | 2.22 | 2.69 | 3.16 |
| Low | 1.69 | 2.03 | 2.59 | 3.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 492.7% | 36.9% | 25.1% | 20.9% |
| Avg | 469.2% | 25.6% | 21.5% | 17.4% |
| Low | 443.7% | 15.1% | 16.7% | 12.8% |
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.