Published on 19 Jul 2024 on Simply Wall St. · via Yahoo Finance
Is Barnes Group Inc. (NYSE:B) Trading At A 37% Discount?
Key Insights
Using the 2 Stage Free Cash Flow to Equity, Barnes Group fair value estimate is US$66.14Barnes Group is estimated to be 37% undervalued based on current share price of US$41.36Our fair value estimate is 48% higher than Barnes Group's analyst price target of US$44.67
Does the July share price for Barnes Group Inc. (NYSE:B) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by projecting its future cash flows and then discounting them to today's value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.