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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Barnes Group Inc. To summarize, we found that Barnes Group Inc ranked in the 49th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for B, they are:
The company's debt burden, as measured by earnings divided by interest payments, is 8.76 -- which is good for besting 70.99% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
Barnes Group Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 15.78% of tickers in our DCF set.
Barnes Group Inc's effective tax rate, as measured by taxes paid relative to net income, is at 23 -- greater than 85% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
ENR, MTW, TNC, HQI, and RRD 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 third quarter 2020 financial results on Friday, October 23, 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
Barnes Aerospace, a business unit of Barnes Group ([[B]] +3.4%), entered into a long-term agreement with GE Aviation, a unit of the General Electric ([[GE]] +2.2%), for manufacturing LEAP engine program components.Barnes Aerospace will leverage its expertise and technology in the machining and assembly of complex hot-section engine components."We are delighted...
WINDSOR, Conn.--(BUSINESS WIRE)--Barnes Aerospace, a business unit of Barnes Group Inc. (NYSE: B), today announced that it has entered into a long-term agreement with GE Aviation, a unit of the General Electric Corporation (NYSE: GE) for the manufacture of components for the LEAP engine program. Barnes Aerospace will leverage its expertise and technology in the machining and assembly of complex hot-section engine components. “As a result of Barnes Aerospace’s commitment to drive innovation resu