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 56th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 52.5%. In terms of the factors that were most noteworthy in this DCF analysis for B, they are:
Barnes Group Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 13.42% 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 only 13.42% of tickers in our DCF set.
As a business, Barnes Group Inc experienced a tax rate of about 20% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than 82.25% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as B, try HY, SNA, ULBI, IESC, and WCC.
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