Barnes Group (B) Receives News Sentiment Score of 0.09

News coverage about Barnes Group (NYSE:B) has been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Barnes Group earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 45.9754555273518 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the media headlines that may have impacted Accern’s rankings:

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B opened at $59.77 on Tuesday. Barnes Group has a 1-year low of $49.31 and a 1-year high of $72.87. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.67 and a current ratio of 2.43. The company has a market capitalization of $3,187.68, a PE ratio of 20.75, a P/E/G ratio of 1.95 and a beta of 1.31.

Barnes Group (NYSE:B) last posted its quarterly earnings results on Friday, February 16th. The industrial products company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.03. Barnes Group had a net margin of 4.15% and a return on equity of 12.36%. The company had revenue of $373.00 million for the quarter, compared to the consensus estimate of $357.77 million. During the same period last year, the company posted $0.67 EPS. The firm’s quarterly revenue was up 15.1% compared to the same quarter last year. analysts expect that Barnes Group will post 3.07 earnings per share for the current year.

Several research firms have commented on B. ValuEngine raised shares of Barnes Group from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research lowered shares of Barnes Group from a “buy” rating to a “hold” rating in a report on Tuesday, January 30th. Finally, SunTrust Banks reissued a “hold” rating and issued a $67.00 target price on shares of Barnes Group in a report on Tuesday, January 9th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $67.00.

In related news, VP Marian Acker sold 7,860 shares of Barnes Group stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $63.12, for a total transaction of $496,123.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Thomas O. Barnes sold 1,700 shares of Barnes Group stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $63.36, for a total transaction of $107,712.00. The disclosure for this sale can be found here. Company insiders own 7.93% of the company’s stock.

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Barnes Group Company Profile

Barnes Group Inc is an industrial and aerospace manufacturer and service provider, serving a range of end markets and customers. The Company’s engineered products, industrial technologies, and solutions are used in applications that provide transportation, manufacturing, healthcare products and technology to the world.

Insider Buying and Selling by Quarter for Barnes Group (NYSE:B)

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