Barnes Group Inc. (B)
NYSE: B · Real-Time Price · USD
47.16
+0.03 (0.06%)
Dec 20, 2024, 4:00 PM EST - Market closed
Barnes Group Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Barnes Group stock have an average target of 47.67, with a low estimate of 47.5 and a high estimate of 48. The average target predicts an increase of 1.08% from the current stock price of 47.16.
Analyst Consensus: Hold
* Price targets were last updated on Oct 8, 2024.
Analyst Ratings
The average analyst rating for Barnes Group stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $38 → $48 | Hold | Maintains | $38 → $48 | +0.72% | Oct 8, 2024 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades $52 → $48 | Strong Buy → Hold | Downgrades | $52 → $48 | +0.72% | Oct 7, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $34 → $38 | Hold | Maintains | $34 → $38 | -19.42% | Jul 29, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $48 → $52 | Strong Buy | Maintains | $48 → $52 | +10.26% | Jul 29, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $43 → $48 | Buy | Maintains | $43 → $48 | +1.78% | Jun 14, 2024 |
Financial Forecast
Revenue This Year
1.63B
from 1.45B
Increased by 12.35%
Revenue Next Year
1.69B
from 1.63B
Increased by 3.68%
EPS This Year
1.33
from 0.31
Increased by 327.74%
EPS Next Year
2.07
from 1.33
Increased by 56.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2029 |
|---|---|---|---|---|---|
| High | 1.7B | 1.7B | 1.8B | ||
| Avg | 1.6B | 1.7B | 1.8B | ||
| Low | 1.6B | 1.6B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2029 |
|---|---|---|---|---|---|
| High | 15.6% | 6.7% | 6.9% | ||
| Avg | 12.3% | 3.7% | 3.8% | ||
| Low | 7.9% | -0.4% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.37 | 2.13 | 2.63 | |
| Avg | 1.33 | 2.07 | 2.55 | |
| Low | 1.27 | 1.99 | 2.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 340.3% | 60.9% | 26.7% | |
| Avg | 327.7% | 56.3% | 23.0% | |
| Low | 311.0% | 50.2% | 18.2% |
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.