Barnes Group (B)
(Real Time Quote from BATS)
$39.97 USD
-0.20 (-0.50%)
Updated Aug 28, 2024 11:02 AM ET
5-Strong Sell of 5 5
D Value F Growth F Momentum F VGM
Company Summary
Headquartered in Bristol, CT, Barnes Group Inc. is a global diversified manufacturer and supplier of highly engineered products, innovative solutions and differentiated industrial technologies. It boasts a diverse range of market-leading brands like Seeger Orbis and Associated Spring Raymond.
On a geographical basis, the company has operations in the Americas (54.8% of 2023 net revenues), Asia (14.9%), Europe (29.5%) and the rest of the world (0.8%). Exiting 2023, the company had an employee base of 6,500 people.
Barnes Group currently has two reportable segments:
Industrial (58.1% of 2023 sales): This segment offers highly-engineered, high-quality precision components, products and systems ...
Company Summary
Headquartered in Bristol, CT, Barnes Group Inc. is a global diversified manufacturer and supplier of highly engineered products, innovative solutions and differentiated industrial technologies. It boasts a diverse range of market-leading brands like Seeger Orbis and Associated Spring Raymond.
On a geographical basis, the company has operations in the Americas (54.8% of 2023 net revenues), Asia (14.9%), Europe (29.5%) and the rest of the world (0.8%). Exiting 2023, the company had an employee base of 6,500 people.
Barnes Group currently has two reportable segments:
Industrial (58.1% of 2023 sales): This segment offers highly-engineered, high-quality precision components, products and systems for critical applications. It has a strong customer base in end-markets like industrial equipment, transportation, automation, electronics, as well as medical devices.
The segment’s Molding Solutions business is engaged in designing and manufacturing customized hot runner systems and precision mold assemblies for several complex injection molding applications. Its Force & Motion Control business offers hot runner systems, advanced mold cavity sensors and process control systems, which serve various metal forming and other industrial markets. The Automation business develops robotic grippers, sensors and automation components. The Engineered Solutions business manufactures mechanical products, including mechanical springs and others, for use in industrial and transportation purposes.
Aerospace (41.9%): This segment is engaged in manufacturing precision-machined and fabricated components and assemblies for original equipment manufacturers (OEM) producing turbine engines, industrial gas turbines and airframe builders globally. The Aerospace segment also offers component overhaul and repair (MRO) services for several leading turbine engine manufacturers and commercial airlines.
In addition, it provides aftermarket and support and repair services for a broad range of aerospace products, including commercial, military and general aviation aircraft. Its aftermarket facilities are primarily based in Connecticut, Ohio, Singapore and Malaysia.
General Information
Barnes Group, Inc
123 MAIN STREET
BRISTOL, CT 06010
Phone: 860-583-7070
Fax: 302-674-5266
Email: ir@onebarnes.com
Industry | Manufacturing - General Industrial |
Sector | Industrial Products |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/25/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.39 |
Current Year EPS Consensus Estimate | 1.62 |
Estimated Long-Term EPS Growth Rate | 10.00 |
Exp Earnings Date | 10/25/2024 |
Price and Volume Information
Zacks Rank | ![]() |
Yesterday's Close | 40.17 |
52 Week High | 45.24 |
52 Week Low | 18.79 |
Beta | 1.41 |
20 Day Moving Average | 231,496.20 |
Target Price Consensus | 46.00 |
4 Week | 0.37 |
12 Week | 6.33 |
YTD | 23.11 |
4 Week | -3.00 |
12 Week | 0.00 |
YTD | 4.38 |
Shares Outstanding (millions) | 50.77 |
Market Capitalization (millions) | 2,039.28 |
Short Ratio | NA |
Last Split Date | 6/12/2006 |
Dividend Yield | 1.59% |
Annual Dividend | $0.64 |
Payout Ratio | 0.47 |
Change in Payout Ratio | 0.14 |
Last Dividend Payout / Amount | 8/22/2024 / $0.32 |
Fundamental Ratios
P/E (F1) | 24.76 |
Trailing 12 Months | 29.76 |
PEG Ratio | 2.48 |
vs. Previous Year | -36.21% |
vs. Previous Quarter | -2.63% |
vs. Previous Year | 12.76% |
vs. Previous Quarter | -11.24% |
Price/Book | 1.60 |
Price/Cash Flow | 10.16 |
Price / Sales | 1.28 |
6/30/24 | 5.21 |
3/31/24 | 5.92 |
12/31/23 | 6.20 |
6/30/24 | 2.15 |
3/31/24 | 2.60 |
12/31/23 | 2.95 |
6/30/24 | 2.24 |
3/31/24 | 2.41 |
12/31/23 | 2.29 |
6/30/24 | 1.33 |
3/31/24 | 1.53 |
12/31/23 | 1.37 |
6/30/24 | 4.35 |
3/31/24 | 5.17 |
12/31/23 | 5.83 |
6/30/24 | -3.74 |
3/31/24 | 0.31 |
12/31/23 | 1.10 |
6/30/24 | -0.92 |
3/31/24 | 1.93 |
12/31/23 | 2.29 |
6/30/24 | 25.15 |
3/31/24 | 26.26 |
12/31/23 | 26.88 |
6/30/24 | 3.14 |
3/31/24 | 3.17 |
12/31/23 | 3.05 |
6/30/24 | 0.90 |
3/31/24 | 0.97 |
12/31/23 | 0.94 |
6/30/24 | 47.38 |
3/31/24 | 49.27 |
12/31/23 | 48.44 |