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Stock impact report

Here's Why You Should Avoid Investing in Barnes Stock Right Now [Yahoo! Finance]

Barnes Group, Inc. (B) 
Last barnes group, inc. earnings: 4/24 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Also, given the company's extensive international presence, foreign currency headwind is an added uncertainty. Headquartered in Bristol, CT, Barnes is a global diversified manufacturer and supplier of highly engineered products, innovative solutions and differentiated industrial technologies. It boasts a diverse range of market-leading brands like Seeger Orbis and Associated Spring Raymond. B currently carries a Zacks Rank #5 (Strong Sell). Business Weakness: Weakness in the Industrial segment owing to softness in the motion control solutions and automation businesses is affecting Barnes. Demand for products like multi-cavity molds has been particularly weak. Continued softness in the transportation, personal care and packaging end markets may impact the segment's performance in the near term. Weakness in the China region is another concern. Amid these challenges, the segment's third-quarter revenues declined 24% on a year-over-year basis. Barnes Group, Inc. price-consensus-char Show less Read more
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