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 highest price target was 66, implying potential capital gains of 9.49 percent. The lowest price target was 53, which equates to a potential downside 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.47 percent on average, compared to last month. That number becomes 1.47 percent if we expand the time horizon to include the past 3 months instead of just one. 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. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

B has an estimated earnings growth rate of 6.38 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. B has a PEG ratio of 3.55.

B has traded between a high of 62.37 and a low of 36.27 over the past year. The current market price is above the trailing year's low by 66.2 percent, and 3.35 percent below the 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.