Stock To Watch: Barnes Group, Inc. (NYSE:B)


The leading market experts have placed a mean price target of $39.00 on Barnes Group, Inc. (NYSE:B) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.66 a share for the upcoming quarter and $2.48 for the current fiscal. Technical View The technical analysis of Barnes Group, Inc. Common Stock plainly substantiates that the 50-day moving average of Barnes Group, Inc. Common Stock is $33.49, and stock is hovering -1.73 or -5.16% distant from $33.49. It is noted that the 200-day MA is $33.90, and Barnes Group, Inc. Common Stock stock is $-2.14 or -6.31% off from this point. Barnes Group, Inc. (NYSE:B) 52-week high is $41.78 and the 52-week low is $30.07. This explains if the stock moves $-10.02, it will post a 52-week high. In event of $+5.62% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Barnes Group, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Barnes Group, Inc. (NYSE:B) ratio came in at 14.44. The stock last ended the trading session at $31.76 and registered a market cap of $1.71B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Barnes Group, Inc. (NYSE:B) PEG ratio is at 2.72.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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