Barnes Group Inc (B) stock shows 52-week fluctuation between $24.55 and $47.40

A share price of Barnes Group Inc [B] is currently trading at $46.68, up 0.15%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The B shares have gain 0.11% over the last week, with a monthly amount glided 0.28%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Barnes Group Inc [NYSE: B] stock has seen the most recent analyst activity on April 18, 2024, when DA Davidson upgraded its rating to a Buy and also boosted its price target to $45 from $35. On April 11, 2022, downgrade downgraded it’s rating to Neutral but maintained its price target of $42 on the stock. Alembic Global Advisors upgraded its rating to a Overweight but stick to its price target of $57 on June 10, 2020. UBS upgraded its rating to a Buy and raised its price target to $72 on January 15, 2020. SunTrust upgraded its rating to Hold for this stock on January 08, 2020, and upped its price target to $57. In a note dated June 14, 2019, SunTrust downgraded an Sell rating on this stock and revised its target price from $53 to $48.

Barnes Group Inc experienced fluctuations in its stock price throughout the past year between $24.55 and $47.40. Currently, Wall Street analysts expect the stock to reach $47.67 within the next 12 months. Barnes Group Inc [NYSE: B] shares were valued at $46.68 at the most recent close of the market. An investor can expect a potential return of 2.12% based on the average B price forecast.

Analyzing the B fundamentals

Trailing Twelve Months sales for Barnes Group Inc [NYSE:B] were 1.62B which represents 7.36% growth. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.88.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 46.65 points at the first support level, and at 46.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.73, and for the 2nd resistance point, it is at 46.79.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Barnes Group Inc [NYSE:B] is 2.28. Further, the Quick Ratio stands at 1.35, while the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 1.47, the price to book ratio is 1.82.

Transactions by insiders

Recent insider trading involved EDWARDS DAWN N, SVP, Human Resources, that happened on Nov 01 ’24 when 5851.0 shares were sold. Officer, EDWARDS DAWN N completed a deal on Nov 01 ’24 to buy 5851.0 shares. Meanwhile, Officer ACKER MARIAN bought 2900.0 shares on Oct 31 ’24.

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