Barnes Group Inc. (B)
NYSE: B · IEX Real-Time Price · USD
37.15
-0.33 (-0.88%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Barnes Group Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Barnes Group stock have an average target of 38.5, with a low estimate of 34 and a high estimate of 43. The average target predicts an increase of 3.63% from the current stock price of 37.15.

Analyst Consensus: Buy
Target Low Average Median High
Price $34 $38.5 $43 $43
Change -8.48% +3.63% +15.75% +15.75%
* Price targets were last updated on Feb 20, 2024.

Analyst Ratings

The average analyst rating for Barnes Group stock from 2 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 111111
Hold 111111
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Oppenheimer
Oppenheimer
Buy
Maintains
$36$43
Buy Maintains $36$43 +15.75% Feb 20, 2024
Truist Securities
Truist Securities
Hold
Maintains
$23$34
Hold Maintains $23$34 -8.48% Jan 10, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$48$30
Buy Maintains $48$30 -19.25% Oct 30, 2023
Truist Securities
Truist Securities
Hold
Maintains
$40$37
Hold Maintains $40$37 -0.40% Oct 20, 2023
Truist Securities
Truist Securities
Hold
Maintains
$38$40
Hold Maintains $38$40 +7.67% Jul 21, 2023
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
1.49B1.12B1.26B1.26B1.45B1.67B1.74B1.89B1.44B1.46B
Revenue Growth
-0.32%-24.59%11.96%0.24%14.98%14.97%4.26%8.40%-23.50%1.53%
EPS
3.071.241.960.260.311.732.142.59--
EPS Growth
-2.54%-59.61%58.06%-86.73%19.23%457.71%23.88%20.97%--
No. Analysts -----66333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.7B 1.8B 2.0B 1.5B 1.5B
Avg 1.7B 1.7B 1.9B 1.4B 1.5B
Low 1.6B 1.6B 1.8B 1.4B 1.4B

Revenue Growth

Revenue Growth 20242025202620272028
High
19.2%
8.8%
12.8%
-21.2%
4.5%
Avg
15.0%
4.3%
8.4%
-23.5%
1.5%
Low
9.5%
-2.3%
3.0%
-26.5%
-2.5%

EPS Forecast

EPS 202420252026
High 1.83 2.42 2.67
Avg 1.73 2.14 2.59
Low 1.62 1.96 2.49

EPS Growth

EPS Growth 202420252026
High
489.4%
39.7%
24.5%
Avg
457.7%
23.9%
21.0%
Low
421.6%
13.3%
16.2%
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.