10-May-2024
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Barnes Declares Quarterly Dividend
Business Wire (Fri, 3-May 7:57 AM ET)
Barnes Reports First Quarter 2024 Financial Results
Business Wire (Fri, 26-Apr 6:30 AM ET)
Barnes Aerospace Announces Expanded Aero Engine MRO Facility East Granby, Connecticut
Business Wire (Tue, 9-Apr 8:00 AM ET)
One Equity Partners Completes Acquisition of Associated Spring
Business Wire (Thu, 4-Apr 5:06 PM ET)
Barnes Announces Completion of Previously Announced Sale of Associated Spring and Hnggi Businesses
Business Wire (Thu, 4-Apr 4:15 PM ET)
Barnes Announces First Quarter 2024 Earnings Conference Call and Webcast
Business Wire (Wed, 20-Mar 8:00 AM ET)
Barnes Announces Update to Board of Directors
Business Wire (Tue, 5-Mar 4:15 PM ET)
Barnes Aerospace Unveils New Facility in Singapore to Increase Engine Component Repair Capacity
Business Wire (Wed, 21-Feb 6:30 AM ET)
Business Wire (Fri, 16-Feb 2:30 PM ET)
Barnes Reports Fourth Quarter and Full Year 2023 Financial Results
Business Wire (Fri, 16-Feb 6:30 AM ET)
Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. It leverages world-class manufacturing capabilities and engineering to develop various processes, automation solutions, and applied technologies for industries ranging from aerospace and medical & personal care to mobility and packaging. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military.
Barnes Group trades on the NYSE stock market under the symbol B.
As of May 10, 2024, B stock price climbed to $38.54 with 203,825 million shares trading.
B has a beta of 2.23, meaning it tends to be more sensitive to market movements. B has a correlation of 0.24 to the broad based SPY ETF.
B has a market cap of $1.95 billion. This is considered a Small Cap stock.
Last quarter Barnes Group reported $431 million in Revenue and $.38 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.02.
In the last 3 years, B stock traded as high as $56.98 and as low as $18.79.
The top ETF exchange traded funds that B belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.
B stock has underperformed the market in the last year with a return of -4.4%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in B shares. However, B has outperformed the market in the last 3 month and 2 week periods, returning +10.3% and +11.8%, while SPY returned +4.2% and +2.5%, respectively. This indicates B has been having a stronger performance recently.
B support price is $37.50 and resistance is $39.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that B stock will trade within this expected range on the day.