Barnes Group Inc. provides engineered products, industrial technologies, and innovative solutions in the United States and internationally. More Details
Average dividend payer and fair value.
Share Price & News
How has Barnes Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: B is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: B's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: B underperformed the US Machinery industry which returned 18.2% over the past year.
Return vs Market: B underperformed the US Market which returned 22.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Barnes Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StIs Barnes Group Inc. (NYSE:B) A Smart Pick For Income Investors?
1 week ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Barnes Group Inc. (NYSE:B)
2 weeks ago | Simply Wall StIs It Worth Considering Barnes Group Inc. (NYSE:B) For Its Upcoming Dividend?
Is Barnes Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: B ($49.51) is trading above our estimate of fair value ($27.83)
Significantly Below Fair Value: B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: B is good value based on its PE Ratio (29.1x) compared to the US Machinery industry average (29.3x).
PE vs Market: B is poor value based on its PE Ratio (29.1x) compared to the US market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: B is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: B is good value based on its PB Ratio (1.9x) compared to the US Machinery industry average (2.7x).
How is Barnes Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: B's forecast earnings growth (29.8% per year) is above the savings rate (2.2%).
Earnings vs Market: B's earnings (29.8% per year) are forecast to grow faster than the US market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: B's revenue (5.6% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: B's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: B's Return on Equity is forecast to be low in 3 years time (8.5%).
How has Barnes Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: B has high quality earnings.
Growing Profit Margin: B's current net profit margins (7.2%) are lower than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: B's earnings have grown by 1% per year over the past 5 years.
Accelerating Growth: B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: B had negative earnings growth (-44.5%) over the past year, making it difficult to compare to the Machinery industry average (-15.4%).
Return on Equity
High ROE: B's Return on Equity (6.6%) is considered low.
How is Barnes Group's financial position?
Financial Position Analysis
Short Term Liabilities: B's short term assets ($648.7M) exceed its short term liabilities ($317.2M).
Long Term Liabilities: B's short term assets ($648.7M) do not cover its long term liabilities ($985.2M).
Debt to Equity History and Analysis
Debt Level: B's debt to equity ratio (53.8%) is considered high.
Reducing Debt: B's debt to equity ratio has increased from 41.5% to 53.8% over the past 5 years.
Debt Coverage: B's debt is well covered by operating cash flow (35.6%).
Interest Coverage: B's interest payments on its debt are well covered by EBIT (10.5x coverage).
What is Barnes Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: B's dividend (1.29%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: B's dividend (1.29%) is low compared to the top 25% of dividend payers in the US market (4.1%).
Stability and Growth of Payments
Stable Dividend: B's dividends per share have been stable in the past 10 years.
Growing Dividend: B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.6%), B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: B's dividends in 3 years are forecast to be well covered by earnings (33.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Patrick Dempsey (56 yo)
Mr. Patrick J. Dempsey has been the Chief Executive Officer and President of Barnes Group Inc. since March 01, 2013. Mr. Dempsey served as the Chief Operating Officer and Senior Vice President of Barnes Gr...
CEO Compensation Analysis
Compensation vs Market: Patrick's total compensation ($USD8.25M) is above average for companies of similar size in the US market ($USD5.19M).
Compensation vs Earnings: Patrick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Senior VP of Finance & CFO||11.92yrs||US$2.08m||0.20% |
|Senior VP & CTO||1.83yrs||US$1.97m||0.0018% |
|Senior Vice President||4.75yrs||US$1.41m||0.052% |
|VP, Controller & Principal Accounting Officer||no data||no data||0.049% |
|Director of Investor Relations||9.67yrs||no data||no data|
|Senior VP||0.67yr||no data||0.0028% |
|Vice President of Corporate Development||no data||no data||no data|
|Senior Vice President of Human Resources||11.33yrs||US$989.58k||0.17% |
|Senior Vice President||1yr||no data||no data|
|Vice President of Tax and Treasury||4.75yrs||no data||no data|
Experienced Management: B's management team is considered experienced (4.8 years average tenure).
|Independent Director||3yrs||US$202.99k||0.016% |
|Independent Chairman of the Board||25.92yrs||US$315.53k||6.04% |
|Independent Director||18.92yrs||US$219.69k||0.020% |
|Independent Director||4.58yrs||US$202.99k||0.015% |
|Independent Director||14.17yrs||US$220.69k||0.087% |
|Lead Independent Director||no data||US$216.19k||0.035% |
|Independent Director||1.25yrs||US$76.04k||0.0017% |
|Independent Director||4.17yrs||US$199.99k||0.80% |
|Independent Director||6.58yrs||US$201.49k||0.024% |
|Independent Director||4.92yrs||US$199.99k||0.086% |
|Independent Director||3.58yrs||US$201.49k||0.0096% |
Experienced Board: B's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: B insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Barnes Group Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Barnes Group Inc.
- Ticker: B
- Exchange: NYSE
- Founded: 1857
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$2.506b
- Shares outstanding: 50.62m
- Website: https://www.barnesgroupinc.com
Number of Employees
- Barnes Group Inc.
- 123 Main Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|B||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|BG4||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
Barnes Group Inc. provides engineered products, industrial technologies, and innovative solutions in the United States and internationally. The company operates through two segments: Industrial and Aerospa...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/04 23:19|
|End of Day Share Price||2020/12/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.