Barnes Group (B) Stock Forecast, Price Target & Predictions


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B Stock Forecast


Barnes Group stock forecast is as follows: an average price target of $43.00 (represents a 17.33% upside from B’s last price of $36.65) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

B Price Target


The average price target for Barnes Group (B) is $43.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $52.00 to $29.00. This represents a potential 17.33% upside from B's last price of $36.65.

B Analyst Ratings


Buy

According to 1 Wall Street analysts, Barnes Group's rating consensus is 'Buy'. The analyst rating breakdown for B stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Barnes Group Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 30, 2024Matt SummervilleD.A. Davidson$52.00$39.8230.59%41.88%
Jun 14, 2024Christopher GlynnOppenheimer$48.00$39.1922.48%30.97%
Jun 13, 2024Matt SummervilleD.A. Davidson$48.00$38.4224.93%30.97%
Apr 18, 2024Matt SummervilleD.A. Davidson$45.00$33.3934.77%22.78%
Nov 29, 2022-Oppenheimer$48.00$41.0217.02%30.97%
Oct 12, 2022Michael CiarmoliTruist Financial$29.00$31.01-6.48%-20.87%
Apr 19, 2022-Truist Financial$41.00$36.7211.66%11.87%
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The latest Barnes Group stock forecast, released on Jul 30, 2024 by Matt Summerville from D.A. Davidson, set a price target of $52.00, which represents a 30.59% increase from the stock price at the time of the forecast ($39.82), and a 41.88% increase from B last price ($36.65).

Barnes Group Price Target by Period


1M3M12M
# Anlaysts-34
Avg Price Target-$49.33$48.25
Last Closing Price$36.65$36.65$36.65
Upside/Downside-100.00%34.60%31.65%

In the current month, the average price target of Barnes Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Barnes Group's last price of $36.65. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Jun 14, 2024OppenheimerOutperformOutperformHold
Nov 29, 2022OppenheimerOutperformOutperformHold
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Barnes Group's last stock rating was published by Oppenheimer on Jun 14, 2024. The company gave B a "Outperform" rating, the same as its previous rate.

Barnes Group Financial Forecast


Barnes Group Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
Revenue--------$415.54M$360.99M$338.98M$335.36M$313.47M$314.74M-$312.38M$311.00M$325.06M$321.16M$301.63M$289.13M$269.06M$235.54M$330.67M$370.17M$372.59M$371.67M$376.69M$384.12M$369.80M
Avg Forecast$420.56M$415.11M$413.32M$407.53M$406.31M$381.32M$395.88M$428.16M$420.47M$364.17M$340.43M$312.91M$326.12M$328.41M$329.09M$306.63M$314.20M$318.91M$301.45M$275.36M$282.78M$248.01M$242.76M$319.54M$376.02M$375.65M$385.56M$374.08M$374.97M$384.02M
High Forecast$432.35M$426.75M$424.90M$418.96M$417.70M$399.06M$406.98M$440.16M$422.16M$378.98M$349.98M$321.68M$335.26M$337.62M$329.09M$312.70M$320.42M$325.22M$307.42M$280.81M$288.38M$252.92M$247.57M$325.86M$383.46M$383.08M$393.19M$381.48M$449.97M$460.82M
Low Forecast$392.27M$387.19M$385.51M$380.12M$378.98M$363.92M$369.25M$399.36M$418.53M$348.58M$317.53M$291.86M$304.18M$306.32M$329.09M$300.69M$308.11M$312.73M$295.61M$270.02M$277.31M$243.21M$238.06M$313.35M$368.74M$368.37M$378.09M$366.83M$299.98M$307.22M
# Analysts11111311342211112229101691088118188
Surprise %--------0.99%0.99%1.00%1.07%0.96%0.96%-1.02%0.99%1.02%1.07%1.10%1.02%1.08%0.97%1.03%0.98%0.99%0.96%1.01%1.02%0.96%

Barnes Group's average Quarter revenue forecast for Mar 24 based on 1 analysts is $428.16M, with a low forecast of $399.36M, and a high forecast of $440.16M. B's average Quarter revenue forecast represents a 3.04% increase compared to the company's last Quarter revenue of $415.54M (Dec 23).

Barnes Group EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts11111311342211112229101691088118188
EBITDA--------$66.33M$43.15M$51.77M$45.99M$46.63M$27.61M-$51.78M$56.43M$65.81M$59.96M$52.91M$51.08M$51.98M$30.70M$71.34M$81.69M$90.50M$80.40M$73.94M$73.75M$79.95M
Avg Forecast$76.92M$75.93M$75.60M$74.54M$74.32M$69.75M$72.41M$61.09M$76.91M$66.61M$62.27M$55.54M$59.65M$66.72M$60.19M$50.49M$45.39M$60.65M$58.60M$40.96M$46.43M$48.27M$21.93M$43.24M$79.75M$79.05M$83.49M$71.80M$71.95M$82.91M
High Forecast$79.08M$78.06M$77.72M$76.63M$76.40M$72.99M$74.44M$73.31M$77.22M$69.32M$64.01M$66.65M$61.32M$80.06M$60.19M$60.59M$54.46M$72.78M$70.32M$49.15M$55.72M$57.92M$26.31M$51.89M$95.70M$94.86M$100.19M$86.16M$86.34M$99.49M
Low Forecast$71.75M$70.82M$70.51M$69.53M$69.32M$66.56M$67.54M$48.87M$76.55M$63.76M$58.08M$44.43M$55.64M$53.37M$60.19M$40.39M$36.31M$48.52M$46.88M$32.77M$37.15M$38.62M$17.54M$34.59M$63.80M$63.24M$66.79M$57.44M$57.56M$66.33M
Surprise %--------0.86%0.65%0.83%0.83%0.78%0.41%-1.03%1.24%1.09%1.02%1.29%1.10%1.08%1.40%1.65%1.02%1.14%0.96%1.03%1.03%0.96%

1 analysts predict B's average Quarter EBITDA for Mar 24 to be $61.09M, with a high of $73.31M and a low of $48.87M. This is -7.90% lower than Barnes Group's previous annual EBITDA (Dec 23) of $66.33M.

Barnes Group Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts11111311342211112229101691088118188
Net Income--------$7.22M$-21.73M$17.35M$13.16M$15.57M$16.98M-$20.48M$28.14M$27.86M$24.49M$19.38M$17.72M$15.36M$567.00K$29.73M$40.97M$45.77M$37.62M$33.99M$38.83M$39.11M
Avg Forecast$28.99M$24.37M$25.14M$23.60M$24.63M$20.14M$20.26M$24.17M$18.05M$24.76M$27.92M$21.97M$24.94M$28.25M$24.62M$19.97M$22.63M$25.68M$23.93M$15.01M$16.11M$14.26M$405.00K$18.02M$40.00M$39.98M$39.06M$33.01M$37.88M$40.56M
High Forecast$30.04M$25.26M$26.05M$24.46M$25.52M$21.69M$21.00M$29.00M$19.60M$29.40M$28.93M$26.36M$25.85M$33.89M$24.62M$23.97M$27.16M$30.81M$28.72M$18.01M$19.33M$17.11M$486.00K$21.63M$48.00M$47.97M$46.88M$39.61M$45.46M$48.67M
Low Forecast$26.45M$22.24M$22.94M$21.54M$22.47M$18.59M$18.49M$19.33M$16.51M$21.66M$25.47M$17.58M$22.76M$22.60M$24.62M$15.98M$18.11M$20.54M$19.15M$12.00M$12.89M$11.41M$324.00K$14.42M$32.00M$31.98M$31.25M$26.41M$30.31M$32.45M
Surprise %--------0.40%-0.88%0.62%0.60%0.62%0.60%-1.03%1.24%1.09%1.02%1.29%1.10%1.08%1.40%1.65%1.02%1.14%0.96%1.03%1.03%0.96%

Barnes Group's average Quarter net income forecast for Mar 24 is $24.17M, with a range of $19.33M to $29.00M. B's average Quarter net income forecast represents a 234.89% increase compared to the company's last Quarter net income of $7.22M (Dec 23).

Barnes Group SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts11111311342211112229101691088118188
SG&A--------$81.41M$97.51M$88.35M$85.83M$77.91M$76.06M-$74.08M$74.71M$76.27M$79.45M$74.55M$67.40M$60.91M$78.36M$73.11M$82.13M$70.58M$76.41M$81.40M$74.61M$73.85M
Avg Forecast$97.49M$96.23M$95.81M$94.47M$94.19M$88.39M$91.77M$87.40M$97.47M$84.42M$78.92M$79.45M$75.60M$77.32M$76.29M$72.23M$60.09M$70.29M$77.64M$57.72M$61.28M$56.56M$55.97M$44.31M$80.18M$61.65M$79.34M$79.04M$72.79M$76.59M
High Forecast$100.22M$98.92M$98.50M$97.12M$96.83M$92.51M$94.34M$104.88M$97.86M$87.85M$81.13M$95.34M$77.72M$92.78M$76.29M$86.67M$72.11M$84.35M$93.17M$69.26M$73.53M$67.87M$67.17M$53.18M$96.21M$73.98M$95.21M$94.85M$87.34M$91.91M
Low Forecast$90.93M$89.75M$89.37M$88.12M$87.85M$84.36M$85.60M$69.92M$97.02M$80.80M$73.61M$63.56M$70.51M$61.85M$76.29M$57.78M$48.07M$56.23M$62.11M$46.17M$49.02M$45.25M$44.78M$35.45M$64.14M$49.32M$63.48M$63.23M$58.23M$61.27M
Surprise %--------0.84%1.16%1.12%1.08%1.03%0.98%-1.03%1.24%1.09%1.02%1.29%1.10%1.08%1.40%1.65%1.02%1.14%0.96%1.03%1.03%0.96%

Barnes Group's average Quarter SG&A projection for Mar 24 is $87.40M, based on 1 Wall Street analysts, with a range of $69.92M to $104.88M. The forecast indicates a 7.36% rise compared to B last annual SG&A of $81.41M (Dec 23).

Barnes Group EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts11111311342211112229101691088118188
EPS--------$0.14$-0.43$0.34-$0.31$0.33-$0.40$0.55$0.55$0.48$0.38$0.35$0.30$0.01$0.58$0.80$0.90$0.73$0.66$0.75$0.76
Avg Forecast$0.56$0.47$0.49$0.46$0.48$0.39$0.40$0.35$0.35$0.48$0.54$0.39$0.49$0.49$0.48$0.40$0.47$0.51$0.43$0.31$0.33$0.27$0.21$0.49$0.84$0.78$0.78$0.69$0.80$0.84
High Forecast$0.59$0.49$0.51$0.48$0.50$0.42$0.41$0.37$0.38$0.57$0.56$0.40$0.50$0.51$0.48$0.41$0.48$0.52$0.44$0.32$0.34$0.28$0.21$0.51$0.86$0.80$0.80$0.71$0.96$1.01
Low Forecast$0.52$0.43$0.45$0.42$0.44$0.36$0.36$0.32$0.32$0.42$0.50$0.35$0.44$0.44$0.48$0.39$0.45$0.49$0.42$0.31$0.32$0.27$0.20$0.48$0.82$0.76$0.76$0.67$0.64$0.67
Surprise %--------0.40%-0.89%0.62%0.00%0.64%0.68%-1.01%1.18%1.09%1.11%1.21%1.07%1.09%0.05%1.18%0.95%1.15%0.94%0.96%0.94%0.90%

According to 1 Wall Street analysts, Barnes Group's projected average Quarter EPS for Mar 24 is $0.35, with a low estimate of $0.32 and a high estimate of $0.37. This represents a 153.57% increase compared to B previous annual EPS of $0.14 (Dec 23).

Barnes Group Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HLIOHelios$40.82$87.00113.13%Buy
JBTJohn Bean$87.85$128.0045.70%Buy
NPOEnPro Industries$145.47$180.0023.74%Buy
IEXIDEX$195.14$236.3321.11%Buy
BBarnes Group$36.65$43.0017.33%Buy
FELEFranklin Electric$95.53$103.007.82%Buy
CRCrane NXT$142.24$142.500.18%Buy
WTSWatts Water$189.06$186.00-1.62%Buy
DCIDonaldson Company$69.75$68.25-2.15%Hold
ITTITT$129.05$124.50-3.53%Buy
IRIngersoll Rand$86.84$70.33-19.01%Buy
EPACEnerpac Tool Group$39.17$23.00-41.28%Hold

B Forecast FAQ


Yes, according to 1 Wall Street analysts, Barnes Group (B) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of B's total ratings.

Barnes Group (B) average price target is $43 with a range of $29 to $52, implying a 17.33% from its last price of $36.65. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for B stock, the company can go up by 17.33% (from the last price of $36.65 to the average price target of $43), up by 41.88% based on the highest stock price target, and down by -20.87% based on the lowest stock price target.

B's highest twelve months analyst stock price target of $52 supports the claim that Barnes Group can reach $50 in the near future.

Barnes Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.61B (high $1.66B, low $1.51B), average EBITDA is $277.56M (high $297.14M, low $252.29M), average net income is $89.19M (high $97.21M, low $78.88M), average SG&A $361.75M (high $388.55M, low $327.73M), and average EPS is $1.62 (high $1.7, low $1.48). B's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.66B (high $1.7B, low $1.55B), average EBITDA is $302.99M (high $311.48M, low $282.61M), average net income is $102.09M (high $105.81M, low $93.16M), average SG&A $384M (high $394.76M, low $358.17M), and average EPS is $1.99 (high $2.06, low $1.82).

Based on Barnes Group's last annual report (Dec 2023), the company's revenue was $1.45B, beating the average analysts forecast of $1.44B by 0.90%. Apple's EBITDA was $204.81M, missing the average prediction of $261.32M by -21.63%. The company's net income was $16M, missing the average estimation of $92.7M by -82.74%. Apple's SG&A was $353.09M, beating the average forecast of $340.25M by 3.77%. Lastly, the company's EPS was $0.31, missing the average prediction of $1.76 by -82.43%. In terms of the last quarterly report (Dec 2023), Barnes Group's revenue was $415.54M, missing the average analysts' forecast of $420.47M by -1.17%. The company's EBITDA was $66.33M, missing the average prediction of $76.91M by -13.75%. Barnes Group's net income was $7.22M, missing the average estimation of $18.05M by -60.03%. The company's SG&A was $81.4M, missing the average forecast of $97.47M by -16.48%. Lastly, the company's EPS was $0.14, missing the average prediction of $0.352 by -60.22%