Is Barnes Stock a Good Investment?
Barnes Investment Advice | B |
- Examine Barnes' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Barnes' leadership team and their track record. Good management can help Barnes navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Barnes' business and its evolving consumer preferences.
- Compare Barnes' performance and market position to its competitors. Analyze how Barnes is positioned in terms of product offerings, innovation, and market share.
- Check if Barnes pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Barnes' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Barnes Group stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Barnes Group is a good investment.
Sell | Buy |
Strong Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Barnes Stock
Researching Barnes' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 94.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.83. Some equities with similar Price to Book (P/B) outperform the market in the long run. Barnes Group has Price/Earnings To Growth (PEG) ratio of 2.23. The entity recorded a loss per share of 0.78. The firm last dividend was issued on the 22nd of August 2024. Barnes had 2:1 split on the 12th of June 2006.
To determine if Barnes is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Barnes' research are outlined below:
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Thrivent Financial for Lutherans Has 21.17 Million Stock Position in Barnes Group Inc. - MarketBeat |
Barnes Quarterly Liabilities And Stockholders Equity |
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Barnes uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Barnes Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Barnes' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 16th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 16th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Barnes' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Barnes' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-04-30 | 2010-03-31 | 0.19 | 0.21 | 0.02 | 10 | ||
2005-02-22 | 2004-12-31 | 0.05 | 0.07 | 0.02 | 40 | ||
2002-10-11 | 2002-09-30 | 0.16 | 0.18 | 0.02 | 12 | ||
1997-01-22 | 1996-12-31 | 0.19 | 0.21 | 0.02 | 10 | ||
1996-01-23 | 1995-12-31 | 0.12 | 0.14 | 0.02 | 16 | ||
1994-10-13 | 1994-09-30 | 0.12 | 0.14 | 0.02 | 16 | ||
2011-02-18 | 2010-12-31 | 0.24 | 0.21 | -0.03 | 12 | ||
2009-08-03 | 2009-06-30 | 0.16 | 0.19 | 0.03 | 18 |
Know Barnes' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Barnes is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Barnes Group backward and forwards among themselves. Barnes' institutional investor refers to the entity that pools money to purchase Barnes' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Westwood Holdings Group Inc | 2024-09-30 | 914 K | Kennedy Capital Management Inc | 2024-09-30 | 832.4 K | Charles Schwab Investment Management Inc | 2024-09-30 | 820.9 K | Palisade Capital Management Llc | 2024-09-30 | 677.5 K | Goldman Sachs Group Inc | 2024-06-30 | 666 K | Brown Advisory Holdings Inc | 2024-09-30 | 637.1 K | Simcoe Capital Management, Llc | 2024-09-30 | 605.5 K | Northern Trust Corp | 2024-09-30 | 574.7 K | Mason Capital Management Llc | 2024-09-30 | 548.2 K | Blackrock Inc | 2024-06-30 | 7.6 M | Vanguard Group Inc | 2024-09-30 | 5.3 M |
Barnes' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current capitalization of 2.39 B.Market Cap |
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Barnes' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Equity | 0.01 | 0.01 |
Determining Barnes' profitability involves analyzing its financial statements and using various financial metrics to determine if Barnes is a good buy. For example, gross profit margin measures Barnes' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Barnes' profitability and make more informed investment decisions.
Barnes' Earnings Breakdown by Geography
Please note, the presentation of Barnes' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Barnes' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Barnes' management manipulating its earnings.
Evaluate Barnes' management efficiency
Barnes Group 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 November 25, 2024, 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 2.5 B, whereas Non Currrent Assets Other are forecasted to decline to about 42.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 26.68 | 28.02 | |
| Tangible Book Value Per Share | (10.34) | (9.82) | |
| Enterprise Value Over EBITDA | 13.06 | 12.41 | |
| Price Book Value Ratio | 1.22 | 2.12 | |
| Enterprise Value Multiple | 13.06 | 12.41 | |
| Price Fair Value | 1.22 | 2.12 | |
| Enterprise Value | 2.9 B | 3.1 B |
Barnes' management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Dividend Yield 0.0137 | Forward Dividend Yield 0.0137 | Forward Dividend Rate 0.64 | Beta 1.344 |
Basic technical analysis of Barnes Stock
As of the 25th of November, Barnes shows the Risk Adjusted Performance of 0.1247, mean deviation of 1.23, and Downside Deviation of 1.62. Barnes Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Barnes' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Barnes insiders, such as employees or executives, is commonly permitted as long as it does not rely on Barnes' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Barnes insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Barnes' Outstanding Corporate Bonds
Barnes issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Barnes Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Barnes bonds can be classified according to their maturity, which is the date when Barnes Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
Understand Barnes' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Barnes' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1247 | |||
| Market Risk Adjusted Performance | 0.4956 | |||
| Mean Deviation | 1.23 | |||
| Semi Deviation | 1.06 | |||
| Downside Deviation | 1.62 | |||
| Coefficient Of Variation | 648.95 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.99 | |||
| Information Ratio | 0.0956 | |||
| Jensen Alpha | 0.2512 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1321 | |||
| Treynor Ratio | 0.4856 | |||
| Maximum Drawdown | 13.24 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 2.72 | |||
| Downside Variance | 2.62 | |||
| Semi Variance | 1.13 | |||
| Expected Short fall | (1.39) | |||
| Skewness | 2.79 | |||
| Kurtosis | 15.68 |
| Risk Adjusted Performance | 0.1247 | |||
| Market Risk Adjusted Performance | 0.4956 | |||
| Mean Deviation | 1.23 | |||
| Semi Deviation | 1.06 | |||
| Downside Deviation | 1.62 | |||
| Coefficient Of Variation | 648.95 | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.99 | |||
| Information Ratio | 0.0956 | |||
| Jensen Alpha | 0.2512 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1321 | |||
| Treynor Ratio | 0.4856 | |||
| Maximum Drawdown | 13.24 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 2.72 | |||
| Downside Variance | 2.62 | |||
| Semi Variance | 1.13 | |||
| Expected Short fall | (1.39) | |||
| Skewness | 2.79 | |||
| Kurtosis | 15.68 |
Consider Barnes' intraday indicators
Barnes intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Barnes stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Barnes Corporate Filings
| 13th of November 2024 Other Reports | ViewVerify | |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 5th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 29th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Barnes Stock media impact
Far too much social signal, news, headlines, and media speculation about Barnes that are available to investors today. That information is available publicly through Barnes media outlets and privately through word of mouth or via Barnes internal channels. However, regardless of the origin, that massive amount of Barnes data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Barnes news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Barnes relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Barnes' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Barnes alpha.
Barnes Sentiment by Major 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 Corporate Directors
| Mylle Mangum | Independent Director | Profile | |
| William Pitts | Director - Planning & Investor Relations | Profile | |
| Richard Hipple | Independent Director | Profile | |
| JoAnna Sohovich | Independent Director | Profile |
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. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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.
In summary, please note that there is a difference between Barnes' value and its price, as these two are different measures arrived at by various 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.