Barnes Group operates as an industrial and aerospace manufacturer and service provider serving a range of end markets and customers worldwide. The company operates in two segments, Industrial and Aerospace. The company was founded in 1857 and is based in Bristol, Connecticut.
B Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for B, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Barnes Group Inc ranked in the 72th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 230% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Barnes Group Inc, consider:
Barnes Group Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 14.45% of tickers in our DCF set.
B's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 14.45% of tickers in our DCF set.
As a business, Barnes Group Inc experienced a tax rate of about 19% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than 75.97% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
ARCB, AJRD, AYI, ASTE, and ABM can be thought of as valuation peers to B, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B) today announced it will release second quarter 2020 financial results on Tuesday, July 28, 2020, before the market opens. Barnes Group will also host a conference call which will begin at 8:30 a.m. (ET) on that day to discuss the results and the Company’s outlook. The public may access the conference through a live audio webcast available on the Investor Relations section of Barnes Group’s website at www.BGInc.com. The conference is a
The Board of Directors of Barnes Group Inc. (NYSE: B) has declared a quarterly cash dividend of sixteen cents ($0.16) per share. The dividend will be payable June 10, 2020 to shareholders of record at the close of business on May 22, 2020.