Press coverage about Barnes Group (NYSE:B) has been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Barnes Group earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 45.1222747630559 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern’s rankings:
- Aircraft Engines Market to Observe High Growth by 2025 (sbwire.com)
- Trump Nominates Sweeney For Federal Judicial Post (insideindianabusiness.com)
- BARNES GROUP INC. : ex-dividend day (4-traders.com)
- Barnes Group (B) & Its Peers Financial Review (americanbankingnews.com)
- The Morning Ledger: House Passes Bill to Overhaul U.S. Tax System (blogs.wsj.com)
Barnes Group (B) traded up $0.84 on Tuesday, reaching $64.53. 247,312 shares of the company traded hands, compared to its average volume of 225,331. The company has a market cap of $3,450.00, a PE ratio of 22.24, a P/E/G ratio of 2.22 and a beta of 1.37. Barnes Group has a 1-year low of $45.25 and a 1-year high of $72.87. The company has a quick ratio of 1.45, a current ratio of 2.20 and a debt-to-equity ratio of 0.37.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Wednesday, November 22nd will be given a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $0.56 annualized dividend and a yield of 0.87%. Barnes Group’s dividend payout ratio is currently 19.65%.
B has been the subject of several research analyst reports. BidaskClub lowered shares of Barnes Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 27th. Oppenheimer Holdings, Inc. boosted their price target on shares of Barnes Group from $58.00 to $67.00 and gave the company an “outperform” rating in a report on Monday, July 31st. ValuEngine raised shares of Barnes Group from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Deutsche Bank AG boosted their price target on shares of Barnes Group from $65.00 to $70.00 and gave the company a “buy” rating in a report on Friday, September 8th. Finally, SunTrust Banks, Inc. reissued a “hold” rating and issued a $60.00 price target on shares of Barnes Group in a report on Thursday, October 12th. Five research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $65.60.
ILLEGAL ACTIVITY WARNING: “Barnes Group (B) Receiving Somewhat Positive Press Coverage, Study Finds” was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this news story on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this news story can be viewed at https://sportsperspectives.com/2017/11/21/barnes-group-b-receiving-somewhat-positive-press-coverage-study-finds.html.
In other Barnes Group news, Director Thomas O. Barnes sold 755 shares of the business’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $61.22, for a total transaction of $46,221.10. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Christopher J. Stephens sold 15,700 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $63.53, for a total transaction of $997,421.00. The disclosure for this sale can be found here. Insiders sold a total of 17,955 shares of company stock worth $1,143,182 over the last ninety days. 8.50% of the stock is currently owned by insiders.
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.
Receive News & Ratings for Barnes Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barnes Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.