What is DA Davidson’s Estimate for Barnes Group Q4 Earnings?

Barnes Group Inc. (NYSE:B) – DA Davidson issued their Q4 2024 earnings per share (EPS) estimates for Barnes Group in a note issued to investors on Tuesday, October 29th. DA Davidson analyst M. Summerville expects that the industrial products company will post earnings of $0.46 per share for the quarter. DA Davidson has a “Neutral” rating and a $47.50 price objective on the stock. The consensus estimate for Barnes Group’s current full-year earnings is $1.62 per share. DA Davidson also issued estimates for Barnes Group’s FY2025 earnings at $2.03 EPS.

A number of other research firms have also weighed in on B. Truist Financial upped their price objective on Barnes Group from $38.00 to $47.50 and gave the stock a “hold” rating in a research report on Tuesday, October 8th. StockNews.com began coverage on Barnes Group in a research report on Friday, October 25th. They set a “sell” rating on the stock.

Barnes Group Stock Down 0.0 %

Shares of NYSE B opened at $46.76 on Wednesday. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of -60.73, a PEG ratio of 2.87 and a beta of 1.38. The company has a quick ratio of 1.33, a current ratio of 2.24 and a debt-to-equity ratio of 0.90. Barnes Group has a 52-week low of $19.74 and a 52-week high of $47.12. The business’s 50 day moving average is $41.65 and its two-hundred day moving average is $39.91.

Institutional Trading of Barnes Group

A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Barnes Group by 3.8% during the first quarter. Vanguard Group Inc. now owns 5,689,535 shares of the industrial products company’s stock worth $211,366,000 after purchasing an additional 206,351 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Barnes Group by 1.7% during the second quarter. Dimensional Fund Advisors LP now owns 3,587,611 shares of the industrial products company’s stock worth $148,565,000 after purchasing an additional 60,152 shares in the last quarter. Mason Capital Management LLC grew its stake in shares of Barnes Group by 32.9% during the second quarter. Mason Capital Management LLC now owns 1,050,079 shares of the industrial products company’s stock worth $43,484,000 after purchasing an additional 259,957 shares in the last quarter. Westwood Holdings Group Inc. acquired a new position in shares of Barnes Group during the second quarter worth $32,576,000. Finally, Kennedy Capital Management LLC grew its stake in shares of Barnes Group by 10.7% during the first quarter. Kennedy Capital Management LLC now owns 753,625 shares of the industrial products company’s stock worth $27,997,000 after purchasing an additional 72,546 shares in the last quarter. Hedge funds and other institutional investors own 90.82% of the company’s stock.

About Barnes Group

Barnes Group Inc provides engineered products, industrial technologies, and solutions in the United States and internationally. The company operates through two segments: Industrial and Aerospace. The Industrial segment offers precision components, products, and systems used by various customers in end-markets, such as mobility, industrial equipment, automation, personal care, packaging, electronics, and medical devices.