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Recommendations
Barnes Group price target lowered to $32 from $38 at DA Davidson » 09:33
05/20/20
05/20
09:33
05/20/20
09:33
B

Barnes Group

$36.19 /

-0.53 (-1.44%)

DA Davidson analyst Matt…

DA Davidson analyst Matt Summerville lowered the firm's price target on Barnes Group to $32 from $38, saying the current business conditions in some of the company's key end markets require a "meaningful adjustment lower". The analyst also keeps a Neutral rating on the shares, warning that Barnes Group's gross leverage may tick above the current covenant limits and require amendments and waivers to its credit agreements.

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B Barnes Group
$36.19 /

-0.53 (-1.44%)

B Barnes Group
$36.19 /

-0.53 (-1.44%)

01/15/20 UBS
Barnes Group upgraded to Buy from Neutral at UBS
01/08/20 SunTrust
Barnes' 737 MAX risks a concern, but should prove manageable, says SunTrust
01/08/20 SunTrust
Barnes Group upgraded to Hold from Sell at SunTrust
10/28/19 SunTrust
Barnes Group price target raised to $49 from $45 at SunTrust
B Barnes Group
$36.19 /

-0.53 (-1.44%)

B Barnes Group
$36.19 /

-0.53 (-1.44%)

Over a month ago
Earnings
Barnes Group sees Q2 adjusted EPS 20c-30c, consensus 31c » 06:34
04/24/20
04/24
06:34
04/24/20
06:34
B

Barnes Group

$37.47 /

-0.76 (-1.99%)

Sees Q2 revenue down 30%…

Sees Q2 revenue down 30% y-o-y, consensus $281.71M. The company believes that a recovery will commence in Q3, though the pace of the recovery is not readily determinable. The company continues to suspend its 2020 full year outlook.

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B Barnes Group
$37.47 /

-0.76 (-1.99%)

01/15/20 UBS
Barnes Group upgraded to Buy from Neutral at UBS
01/08/20 SunTrust
Barnes' 737 MAX risks a concern, but should prove manageable, says SunTrust
01/08/20 SunTrust
Barnes Group upgraded to Hold from Sell at SunTrust
10/28/19 SunTrust
Barnes Group price target raised to $49 from $45 at SunTrust
Earnings
Barnes Group reports Q1 EPS 71c, consensus 49c » 06:32
04/24/20
04/24
06:32
04/24/20
06:32
B

Barnes Group

$37.47 /

-0.76 (-1.99%)

Reports Q1 revenue $331M,…

Reports Q1 revenue $331M, consensus $316.73M. "Q1 business performance unfolded ahead of our expectation, as record aerospace aftermarket sales and operating profit drove the results. However, during March, as the COVID-19 pandemic spread globally, we began to experience pressure in several of our end markets," said CEO Patrick Dempsey. "Proactive management actions in the current environment, with the safety and well-being of our employees as the highest priority, successfully kept our manufacturing locations operational to support our customers with the essential products and services we provide," added Dempsey.

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B Barnes Group
$37.47 /

-0.76 (-1.99%)

01/15/20 UBS
Barnes Group upgraded to Buy from Neutral at UBS
01/08/20 SunTrust
Barnes' 737 MAX risks a concern, but should prove manageable, says SunTrust
01/08/20 SunTrust
Barnes Group upgraded to Hold from Sell at SunTrust
10/28/19 SunTrust
Barnes Group price target raised to $49 from $45 at SunTrust
Hot Stocks
Barnes Group withdraws FY20 guidance » 16:16
04/02/20
04/02
16:16
04/02/20
16:16
B

Barnes Group

$39.17 /

+1.94 (+5.21%)

Barnes Group announced…

Barnes Group announced that given the unprecedented end market environment and the significant macroeconomic disruption brought on by the global COVID-19 pandemic, the company is withdrawing its full year 2020 sales, earnings, and other outlook provided on February 24, 2020. Barnes Group is in a solid financial position with sufficient liquidity to navigate through today's challenging business. environment. The company has liquidity of approximately $400M consisting of cash of approximately $120M and undrawn revolving credit facility of approximately $280M. The company is in full compliance with all covenants under the revolving credit facility which matures in February 2022. Management continues to monitor developments on a continuing basis and has taken proactive measures to reduce costs and manage working capital. The company will provide an update of its business operations and environment on its first quarter 2020 earnings call scheduled for April 24, 2020.

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B Barnes Group
$39.17 /

+1.94 (+5.21%)

01/15/20 UBS
Barnes Group upgraded to Buy from Neutral at UBS
01/08/20 SunTrust
Barnes' 737 MAX risks a concern, but should prove manageable, says SunTrust
01/08/20 SunTrust
Barnes Group upgraded to Hold from Sell at SunTrust
10/28/19 SunTrust
Barnes Group price target raised to $49 from $45 at SunTrust
Over a quarter ago
Options
Early notable gainers among liquid option names on February 21st » 09:55
02/21/20
02/21
09:55
02/21/20
09:55
B

Barnes Group

$66.50 /

+0.43 (+0.65%)

, PNW

Pinnacle West

$103.52 /

+2.285 (+2.26%)

, LB

L Brands

$23.97 /

+0.54 (+2.30%)

, DE

Deere

$180.23 /

+14.43 (+8.70%)

, MOS

Mosaic

$18.78 /

+0.29 (+1.57%)

Notable gainers among…

Notable gainers among liquid option names this morning include Deere (DE) $180.09 +14.26, L Brands (LB) $24.30 +0.88, Pinnacle West (PNW) $104.21 +3.12, Barnes Group (B) $67.76 +1.36, and Mosaic (MOS) $18.80 +0.33.

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B Barnes Group
$66.50 /

+0.43 (+0.65%)

01/15/20 UBS
Barnes Group upgraded to Buy from Neutral at UBS
01/08/20 SunTrust
Barnes' 737 MAX risks a concern, but should prove manageable, says SunTrust
01/08/20 SunTrust
Barnes Group upgraded to Hold from Sell at SunTrust
10/28/19 SunTrust
Barnes Group price target raised to $49 from $45 at SunTrust
PNW Pinnacle West
$103.52 /

+2.285 (+2.26%)

01/27/20 Evercore ISI
Evercore upgrades four, downgrades four in rebalancing of Utilities ratings
01/27/20 Evercore ISI
Pinnacle West upgraded to In Line from Underperform at Evercore ISI
11/21/19 Barclays
Barclays makes seven rating changes in North America Power & Utilities
11/21/19 Barclays
Pinnacle West upgraded to Overweight from Equal Weight at Barclays
LB L Brands
$23.97 /

+0.54 (+2.30%)

02/21/20 Deutsche Bank
L Brands price target raised to $29 from $24 at Deutsche Bank
02/21/20 Evercore ISI
L Brands upgraded to Outperform from In Line at Evercore ISI
02/20/20 Odeon Capital
L Brands downgraded to Hold from Buy at Odeon Capital
02/11/20 Credit Suisse
L Brands upgraded to Neutral from Underperform at Credit Suisse
DE Deere
$180.23 /

+14.43 (+8.70%)

02/10/20 Deutsche Bank
CNH Industrial upgraded to Buy from Hold at Deutsche Bank
01/17/20 Stephens
Expectation of 2020 farmer bailouts in 'embedded in Deere shares,' says Stephens
01/14/20 Wells Fargo
Deere price target raised to $185 from $177 at Wells Fargo
01/10/20 BMO Capital
BMO says Deere investors 'missing' companys leading position in precision ag
MOS Mosaic
$18.78 /

+0.29 (+1.57%)

02/14/20 Citi
Mosaic downgraded to Neutral from Buy at Citi
12/12/19 JPMorgan
Mosaic price target lowered to $16 from $18 at JPMorgan
11/13/19 JPMorgan
Mosaic downgraded to Underweight from Neutral at JPMorgan
11/06/19 JPMorgan
JPMorgan downgrades Mosaic, sees better entry points ahead
Earnings
Barnes Group sees FY20 adjusted EPS $3.12-$3.32, consensus $3.42 » 06:31
02/21/20
02/21
06:31
02/21/20
06:31
B

Barnes Group

$66.07 /

+1.32 (+2.04%)

Sees FY20 organic sales…

Sees FY20 organic sales growth 1%-3%, consensus $1.51B.

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B Barnes Group
$66.07 /

+1.32 (+2.04%)

01/15/20 UBS
Barnes Group upgraded to Buy from Neutral at UBS
01/08/20 SunTrust
Barnes' 737 MAX risks a concern, but should prove manageable, says SunTrust
01/08/20 SunTrust
Barnes Group upgraded to Hold from Sell at SunTrust
10/28/19 SunTrust
Barnes Group price target raised to $49 from $45 at SunTrust
Earnings
Barnes Group reports Q4 adjusted EPS 86c, consensus 84c » 06:30
02/21/20
02/21
06:30
02/21/20
06:30
B

Barnes Group

$66.07 /

+1.32 (+2.04%)

Reports Q4 revenue $370M,…

Reports Q4 revenue $370M, consensus $376.23M.

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B Barnes Group
$66.07 /

+1.32 (+2.04%)

01/15/20 UBS
Barnes Group upgraded to Buy from Neutral at UBS
01/08/20 SunTrust
Barnes' 737 MAX risks a concern, but should prove manageable, says SunTrust
01/08/20 SunTrust
Barnes Group upgraded to Hold from Sell at SunTrust
10/28/19 SunTrust
Barnes Group price target raised to $49 from $45 at SunTrust
Hot Stocks
Barnes Group appoints James Pelletier as General Councel » 08:06
02/18/20
02/18
08:06
02/18/20
08:06
B

Barnes Group

$65.11 /

-0.96 (-1.45%)

Barnes Group announced…

Barnes Group announced the appointment of James Pelletier to the position of Senior Vice President, General Counsel and Secretary, Barnes Group Inc. effective April 1. Pelletier will succeed Peter Gutermann, the company's current Senior Vice President, General Counsel and Secretary, who will retire from Barnes Group at the end of March. Pelletier joined Barnes Group in 2015.

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B Barnes Group
$65.11 /

-0.96 (-1.45%)

01/15/20 UBS
Barnes Group upgraded to Buy from Neutral at UBS
01/08/20 SunTrust
Barnes' 737 MAX risks a concern, but should prove manageable, says SunTrust
01/08/20 SunTrust
Barnes Group upgraded to Hold from Sell at SunTrust
10/28/19 SunTrust
Barnes Group price target raised to $49 from $45 at SunTrust
Options
Early notable gainers among liquid option names on January 15th » 09:55
01/15/20
01/15
09:55
01/15/20
09:55
PCG

PG&E

$13.09 /

+1.16 (+9.72%)

, B

Barnes Group

$65.31 /

+1.68 (+2.64%)

, UNH

UnitedHealth

$293.22 /

+5.29 (+1.84%)

, NLSN

Nielsen

$20.62 /

+0.21 (+1.03%)

, REGN

Regeneron

$390.30 /

+2.7 (+0.70%)

Notable gainers among…

Notable gainers among liquid option names this morning include PG&E (PCG) $12.63 +0.73, Barnes Group (B) $66.70 +3.10, UnitedHealth (UNH) $295.39 +7.39, Nielsen (NLSN) $20.83 +0.41, and Regeneron (REGN) $395.42 +7.77.

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PCG PG&E
$13.09 /

+1.16 (+9.72%)

01/15/20 Citi
PG&E upgraded to Buy from Neutral at Citi
01/15/20 Citi
PG&E upgraded to Buy from Neutral at Citi
12/23/19 BofA
PG&E step closer to bankruptcy exit, says BofA
12/18/19 Citi
PG&E upgraded to Neutral at Citi after 'fatal blow' to bondholder plan
B Barnes Group
$65.31 /

+1.68 (+2.64%)

01/15/20 UBS
Barnes Group upgraded to Buy from Neutral at UBS
01/08/20 SunTrust
Barnes' 737 MAX risks a concern, but should prove manageable, says SunTrust
01/08/20 SunTrust
Barnes Group upgraded to Hold from Sell at SunTrust
10/28/19 SunTrust
Barnes Group price target raised to $49 from $45 at SunTrust
UNH UnitedHealth
$293.22 /

+5.29 (+1.84%)

01/09/20 Roth Capital
Payers 'just need time' to update formularies for Amarin's Vascepa, Roth says
01/08/20 Citi
Amarin selloff on UnitedHealth preferred list reports unwarranted, says Citi
01/08/20 Cantor Fitzgerald
Amarin headline related to UnitedHealth 'just noise,' says Cantor Fitzgerald
01/08/20 Credit Suisse
UnitedHealth price target raised to $330 from $320 at Credit Suisse
NLSN Nielsen
$20.62 /

+0.21 (+1.03%)

12/23/19 SunTrust
Anderson's resignation an 'incremental negative' for Nielsen, says SunTrust
11/20/19 Spin-Off Research
Nielsen initiated with a Sell at Spin-Off Research
11/19/19 SunTrust
Nielsen price target lowered to $25 from $27 at SunTrust
08/07/19 Loop Capital
comScore price target lowered to $5 from $11 at Loop Capital
REGN Regeneron
$390.30 /

+2.7 (+0.70%)

01/13/20 Piper Sandler
Regeneron's U.S. Eylea sales beat consensus, says Piper Sandler
12/24/19
Fly Intel: Top five analyst actions
12/24/19 Raymond James
Raymond James sees Regeneron growth areas offset by legacy pressures
12/24/19 Raymond James
Regeneron initiated with a Market Perform at Raymond James
Upgrade
Barnes Group upgraded to Buy from Neutral at UBS » 05:09
01/15/20
01/15
05:09
01/15/20
05:09
B

Barnes Group

$63.63 /

-0.24 (-0.38%)

UBS analyst Myles Walton…

UBS analyst Myles Walton upgraded Barnes Group to Buy from Neutral with a price target of $72, up from $60. The company's Industrial issues, which weighed heavily on 2019 performance, is now mostly behind it, Walton tells investors in a research note. The analyst sees Barnes Group's earnings rebounding to 8% growth in 2020 following an estimate of a slight decline in 2019. Further, the company's current valuation "should hold" as its free cash flow yield has become more attractive, Walton tells investors in a research note.

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B Barnes Group
$63.63 /

-0.24 (-0.38%)

01/08/20 SunTrust
Barnes' 737 MAX risks a concern, but should prove manageable, says SunTrust
01/08/20 SunTrust
Barnes Group upgraded to Hold from Sell at SunTrust
10/28/19 SunTrust
Barnes Group price target raised to $49 from $45 at SunTrust
06/14/19
Fly Intel: Top five analyst downgrades

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