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Is this Large Market Cap Stock target price reasonable for Barnes Group Inc. (NYSE:B)?

The company in question is, Barnes Group Inc. (NYSE:B) currently with a stock price of 39 (0.93% today). The market cap for Barnes Group Inc. is 2148, and is in the sector Industrial Goods, and Industrial Equipment & Components industry. The target price for Barnes Group Inc. is 42.5. Currently Barnes Group Inc. is trading with a P/E of 17.69, and a forward P/E of 14.4. Average volume for Barnes Group Inc. is 179.41 and so far today it is 50709.

Performance in the last year for Barnes Group Inc. has been 1.84%. For EPS growth, Barnes Group Inc. has seen a growth of 1.10%, and is looking to grow in the next year to 6.76%. More long term stats show that EPS growth has been 17.80% over the last five years and could be 5.09% for the next five years. Barnes Group Inc. has seen sales growth quarter over quarter at -2.60%, with EPS growth quarter over quarter at -1.10%. The 20-day simple moving average is -2.93%, with the 200-day simple moving average coming to 10.25%.

Since the IPO date for Barnes Group Inc. on the 09/07/1984, Barnes Group Inc. has seen performance year to date to be 10.36%. With Barnes Group Inc. trading at 39, the dividend yield is 1.35%, and the EPS is 2.18.

So could Barnes Group Inc., be undervalued? Well as said before P/E is 17.69. The PEG is 3.48, P/S is 1.83 and the P/B is at 1.78. The P/cash is 21.2, with P/free cash flow at 14.57.

Barnes Group Inc. ability to deal with debt shows that the current ratio is 2.3, and the quick ratio is 1.6. This is with long term debt/equity at 0.39, and total debt/equity at 0.41.

In terms of margins, Barnes Group Inc. has a gross margin of 34.90%, an operating margin of 13.90% and a profit margin of 10.20%.Payout ratio for Barnes Group Inc. is 22.30%. Return on assets come to 5.80% with return on investment coming to 8.00%.

Insider ownership for Barnes Group Inc., is at 1.60% and institutional ownership comes to 86.90%. Outstanding shares are at 55.59. While shares float is 49.83. The float short is currently 1.50%, and short ratio is 4.17.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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