Analyst Ratings for Barnes Group Inc. (B)

Updated: 2017-07-27

Shares of Barnes Group Inc. (NYSE:B) have received a consensus rating of Overweight from Wall Street analysts. B had previously received a consensus rating of Overweight a month ago.

8 analysts issued ratings on the stock, where 4 gave B a buy rating, 0 issued an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for B. The most optimistic price target was 66, which equates to a potential upside of 9.49 percent. The most pessimistic price target was 53, implying a possible loss of -12.08 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.47 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.47 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.18 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.96 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of B to grow at a rate of 6.38 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. B has a PEG ratio of 3.55.

B has a 52-week high of 62.37 and a 52-week low of 36.27. The current market price is above the trailing year's low by 66.2 percent, and below the high by 3.35 percent. B has a price/earnings ratio of 22.66. Investors typically compare the P/E ratio to a company's peers in the industry. The B value stock report compares B to some of its peers using value stock charts. The market cap of B is $3.19 billion. B's next earnings release will be on 0000-00-00, which is days away.