Barnes Group Inc (B) kicked off at the price of $47.17: Venture capitalists have an exciting new opportunity

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Barnes Group Inc (NYSE: B) on Tuesday, soared 0.13% from the previous trading day, before settling in for the closing price of $47.11. Within the past 52 weeks, B’s price has moved between $29.60 and $47.40.

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Industrials Sector giant saw their annual sales surged by 0.45% over the last five years. The company achieved an average annual earnings per share of -13.97%. With a float of $48.66 million, this company’s outstanding shares have now reached $50.84 million.

The firm has a total of 6500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 30.64%, operating margin of 9.8%, and the pretax margin is 1.17%.

Barnes Group Inc (B) Breakdown of a Key Holders of the stock

Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of Barnes Group Inc is 4.55%, while institutional ownership is 92.47%. The most recent insider transaction that took place on Nov 01 ’24, was worth 273,564. In this transaction SVP, Human Resources of this company sold 5,851 shares at a rate of $46.76, taking the stock ownership to the 87,213 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Officer proposed sale 5,851 for $46.76, making the entire transaction worth $273,564.

Barnes Group Inc (B) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -13.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -36.99% drop over the previous five years of trading.

Barnes Group Inc (NYSE: B) Trading Performance Indicators

Barnes Group Inc (B) is currently performing well based on its current performance indicators. A quick ratio of 1.35 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.49. Likewise, its price to free cash flow for the trailing twelve months is 77.47.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.78, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 1.97 in one year’s time.

Technical Analysis of Barnes Group Inc (B)

Analysing the last 5-days average volume posted by the [Barnes Group Inc, B], we can find that recorded value of 0.62 million was better than the volume posted last year of 0.44 million. As of the previous 9 days, the stock’s Stochastic %D was 81.98%. Additionally, its Average True Range was 0.15.

During the past 100 days, Barnes Group Inc’s (B) raw stochastic average was set at 98.31%, which indicates a significant increase from 92.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.63% in the past 14 days, which was lower than the 30.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $46.78, while its 200-day Moving Average is $40.56. Now, the first resistance to watch is $47.21. This is followed by the second major resistance level at $47.26. The third major resistance level sits at $47.31. If the price goes on to break the first support level at $47.11, it is likely to go to the next support level at $47.06. Now, if the price goes above the second support level, the third support stands at $47.01.

Barnes Group Inc (NYSE: B) Key Stats

Market capitalization of the company is 2.40 billion based on 50,940K outstanding shares. Right now, sales total 1,451 M and income totals 16,000 K. The company made 387,790 K in profit during its latest quarter, and -2,140 K in sales during its previous quarter.