Michael Beck - Barnes President

B Stock  USD 47.48  0.01  0.02%   

President

Mr. Michael Beck is Senior Vice President, President Barnes Aerospace of the Company. From February 2012 until such appointment, he served as Senior Vice President and Chief Operating Officer. From October 2008 until February 2012, he served as Vice President, Barnes Group Inc. and President, Logistics and Manufacturing Services. Prior to that, he held a series of roles of increasing responsibility since joining the Company in October 2000. In October 2007, he was appointed Vice President, Barnes Group Inc. and President, Barnes Distribution. In November 2004, he was promoted to Vice President, Barnes Group Inc. and President, Barnes Aerospace. Mr. Dempsey is currently a director of Nucor Corporationrationration, having been appointed as of December 1, 2016. since 2016.
Age 60
Tenure 9 years
Address 123 Main Street, Bristol, CT, United States, 06010-6376
Phone860 583 7070
Webhttps://www.onebarnes.com
Beck holds a master degree in Business Administration from Lincolnshire and Humberside University in the United Kingdom.

Barnes Management Efficiency

The company has return on total asset of 0.0444 % which means that for every 100 dollars spent on assets, it generated a profit of $0.0444. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0301) %, implying that it made negative returns to current shareholders. Barnes' management efficiency ratios could be used to measure how well Barnes manages its routine affairs as well as how well it operates its assets and liabilities. As of February 3, 2025, Return On Tangible Assets is expected to decline to 0.01. In addition to that, Return On Capital Employed is expected to decline to 0.03. At present, Barnes' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 2.9 B, whereas Non Currrent Assets Other are forecasted to decline to about 42.3 M.
Barnes Group has accumulated 1.3 B in total debt with debt to equity ratio (D/E) of 0.44, which looks OK as compared to the sector. Barnes Group has a current ratio of 2.37, implying that it is liquid and has the capability to pay out its interest payments when they become due. Note however, debt could still be an excellent tool for Barnes to invest in growth at high rates of return.

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Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut. Barnes operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 5100 people. Barnes Group (B) is traded on New York Stock Exchange in USA. It is located in 123 Main Street, Bristol, CT, United States, 06010-6376 and employs 6,500 people. Barnes is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Barnes Group Leadership Team

Elected by the shareholders, the Barnes' board of directors comprises two types of representatives: Barnes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Barnes. The board's role is to monitor Barnes' management team and ensure that shareholders' interests are well served. Barnes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Barnes' outside directors are responsible for providing unbiased perspectives on the board's policies.
Christopher Stephens, Chief Financial Officer, Senior Vice President - Finance
Michael Beck, Senior Vice President and Presidentident - Barnes Aerospace
Stephen Moule, Senior Vice President, Barnes Group Inc., and President, Barnes Industrial
Mylle Mangum, Independent Director
Jakki Haussler, Independent Director
William Pitts, Director - Planning & Investor Relations
Richard Hipple, Independent Director
Troy Ingianni, Global VP
Jay JD, General VP
JoAnna Sohovich, Independent Director
William CPA, Vice Relations
Patrick Hurley, Senior Vice President, Chief Technology Officer
Dawn Edwards, Sr. VP of HR and Chairman of Benefits Committee
Patrick Dempsey, CEO and President Director and Member of Executive Committee
Hassell McClellan, Lead Independent Director
Ian Reason, Senior Aerospace
Lukas Hovorka, Senior Vice President - Corporate Development
Anthony Nicolosi, Independent Director
Thomas Barnes, Non-Executive Independent Chairman of the Board
Michael Kennedy, Vice Treasury
HansPeter Manner, Independent Director
Julie Streich, Interim Chief Executive Officer, Chief Financial Officer, Senior Vice President - Finance
Michael CPA, Vice Treasury
Elijah Barnes, Independent Director
Thomas Hook, Independent Director
Jay Knoll, General VP
William Morgan, Lead Independent Director
Marian Acker, Interim Chief Financial Officer and Principal Financial Officer
Daphne Jones, Independent Director
James Pelletier, Senior Vice President General Counsel, Secretary

Barnes Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Barnes a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barnes. If investors know Barnes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barnes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Dividend Share
0.64
Earnings Share
(0.78)
Revenue Per Share
31.545
Quarterly Revenue Growth
0.074
The market value of Barnes Group is measured differently than its book value, which is the value of Barnes that is recorded on the company's balance sheet. Investors also form their own opinion of Barnes' value that differs from its market value or its book value, called intrinsic value, which is Barnes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barnes' market value can be influenced by many factors that don't directly affect Barnes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barnes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barnes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barnes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.