Q2 2024 Barnes Group Inc Earnings Call Transcript
| BDelisted Stock | USD 47.48 0.01 0.02% |
About 61% of Barnes' investor base is looking to short. The analysis of current outlook of investing in Barnes Group suggests that many traders are alarmed regarding Barnes' prospects. The current market sentiment, together with Barnes' historical and current headlines, can help investors time the market. In addition, many technical investors use Barnes Group stock news signals to limit their universe of possible portfolio assets.
Barnes |
Jul 26, 2024 1230PM GMTOperator Thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to wel
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Barnes Fundamental Analysis
We analyze Barnes' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Barnes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Barnes based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Barnes is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Barnes Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Barnes stock to make a market-neutral strategy. Peer analysis of Barnes could also be used in its relative valuation, which is a method of valuing Barnes by comparing valuation metrics with similar companies.
Peers
Barnes Related Equities
| LXFR | Luxfer Holdings | 3.62 | ||||
| CR | Crane | 1.33 | ||||
| IEX | IDEX | 1.03 | ||||
| IR | Ingersoll Rand | 1.03 | ||||
| HLIO | Helios Technologies | 0.84 | ||||
| WTS | Watts Water | 0.44 | ||||
| FELE | Franklin Electric | 0.21 | ||||
| DCI | Donaldson | 0.21 | ||||
| GGG | Graco | 0.15 | ||||
| ITT | ITT | 0.1 | ||||
| EPAC | Enerpac Tool | 0.25 | ||||
| GRC | Gorman Rupp | 0.42 | ||||
| NPO | Enpro Industries | 1.62 | ||||
| OFLX | Omega Flex | 2.17 | ||||
| HURC | Hurco Companies | 3.36 |
Check out Trending Equities to better understand how to build diversified portfolios. 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. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in Barnes Stock
If you are still planning to invest in Barnes Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Barnes' history and understand the potential risks before investing.
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