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.

Investment analysts gave a few price targets for B. The maximum price target given was 66, implying a possible profit of 9.49 percent. The minimum price target given was 53, which equates to a potential downside of -12.08 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.47 percent. That number becomes 1.47 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.18 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.96 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of B to grow at a rate of 6.38 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of B is 3.55.

In the trailing 52-weeks, B hit 62.37 at the highest peak, while it's lowest trading point was 36.27. Today's price is 66.2 percent above the 52-week low, and 3.35 percent lower than its 52-week high. B has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.