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 analyst gave a price target of 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. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.47 percent. The average change in earnings estimates over the last 90 days is 1.47 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.18 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.96 percent.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, 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.

The growth rate of B's earnings is estimated by analysts to be 6.38 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. 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 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 stock has a market capitalization of $3.19 billion. B is estimated to release their earnings results for the quarter on 0000-00-00, days from today.