Barnes Group Inc Q3 2024 Earnings Report Preview What To Look For
B Stock | USD 46.83 0.09 0.19% |
About 67 percent of all Barnes' investors are curious in acquiring. The analysis of overall sentiment of trading Barnes Group stock suggests that quite a large number of investors are confidant at this time. 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 |
Barnes Group Inc is set to release its Q3 2024 earnings on Oct 25, 2024. The consensus estimate for Q3 2024 revenue is 380.32 million, and the earnings are
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Barnes Group Current Investor Sentiment
Panic Vs Confidence
67
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Barnes' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Barnes Group.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentAcquiring |
Barnes Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Barnes can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
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.
Operating Margin
Operating Margin Comparative Analysis
Barnes is currently under evaluation in operating margin category among its peers. Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
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
HURC | Hurco Companies | 8.23 | ||||
HLIO | Helios Technologies | 4.72 | ||||
NPO | Enpro Industries | 3.32 | ||||
GRC | Gorman Rupp | 2.46 | ||||
ITT | ITT | 2.14 | ||||
WTS | Watts Water | 2.05 | ||||
EPAC | Enerpac Tool | 1.98 | ||||
IEX | IDEX | 1.80 | ||||
IR | Ingersoll Rand | 1.58 | ||||
GGG | Graco | 1.52 | ||||
FELE | Franklin Electric | 1.35 | ||||
DCI | Donaldson | 1.12 | ||||
JBT | John Bean | 0.54 | ||||
LXFR | Luxfer Holdings | 0.43 | ||||
CR | Crane | 0.26 | ||||
OFLX | Omega Flex | 1.28 |
Complementary Tools for Barnes Stock analysis
When running Barnes' price analysis, check to measure Barnes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barnes is operating at the current time. Most of Barnes' value examination focuses on studying past and present price action to predict the probability of Barnes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barnes' price. Additionally, you may evaluate how the addition of Barnes to your portfolios can decrease your overall portfolio volatility.
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Analyst Advice Analyst recommendations and target price estimates broken down by several categories |