Hassell McClellan - Barnes Lead Independent Director

B Stock  USD 35.76  0.32  0.89%   

Director

Dr. Hassell H. McClellan is Lead Independent Director of the company, since 2018. he served as an Independent Director of the Company. He retired in 2013 as an Associate Professor of Finance and Policy at Boston Colleges Wallace E. Carroll School of Management, where he served as the Associate Dean from 1996 to 2000. Dr. McClellan had been a member of the faculty of Boston College since 1984. He specializes in global competitiveness and strategic management for boards of directors and financial services, and has both an MBA and a Doctor of Business Administration degree. Dr. McClellan has served as trustee of the Virtus Variable Insurance Trust since 2008, as trustee of both the John Hancock Variable Insurance Trust and John Hancock Funds II since 2005, as trustee of John Hancock Funds and John Hancock Funds III since 2012, and as trustee of Virtus Mutual Funds since January 1, 2015 since 2018.
Age 75
Tenure 6 years
Address 123 Main Street, Bristol, CT, United States, 06010-6376
Phone860 583 7070
Webhttps://www.onebarnes.com
McClellan’s qualifications to be a member of our Board include his extensive experience and expertise in global competitiveness, strategic planning and finance. In addition to his academic achievements in these areas, he has served as a board member or trustee of more than ten nonprofit and private organizations.

Barnes Management Efficiency

The company has return on total asset of 0.0371 % which means that for every 100 dollars spent on assets, it generated a profit of $0.0371. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0118 %, implying that it made 0.0118 on every $100 invested by shareholders. Barnes' management efficiency ratios could be used to measure how well Barnes manages its routine affairs as well as how well it operates its assets and liabilities. As of April 19, 2024, Return On Tangible Assets is expected to decline to 0.01. In addition to that, Return On Capital Employed is expected to decline to 0.03. At present, Barnes' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 2.5 B, whereas Non Currrent Assets Other are projected to grow to (622.3 M).
The company has accumulated 1.34 B in total debt with debt to equity ratio (D/E) of 0.44, which looks OK as compared to the sector. Barnes Group has a current ratio of 2.37, implying that it is liquid and has the capability to pay out its interest payments when they become due. Debt can assist Barnes until it has trouble settling it off, either with new capital or with free cash flow. So, Barnes' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Barnes Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Barnes to invest in growth at high rates of return. When we think about Barnes' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Gregory PageEaton PLC
69
Joseph PrueherEmerson Electric
73
Michael CritelliEaton PLC
71
Franklin DiazCummins
70
Gene WulfSmith AO
70
Matthew LevatichEmerson Electric
55
Paul JonesSmith AO
70
Mathias SandovalSmith AO
53
Charles GoldenEaton PLC
70
Gloster CurrentSmith AO
70
Silvio NapoliEaton PLC
56
William MillerCummins
64
Timothy ReevesEmerson Electric
N/A
Linda HillEaton PLC
59
Patrick FitzgeraldEmerson Electric
N/A
James HopkinsCummins
N/A
Gerald SmithEaton PLC
70
Clemens BoersigEmerson Electric
72
Alexis HermanCummins
73
Bruno AllenCummins
61
Todd BluedornEaton PLC
54
Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut. Barnes operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 5100 people. Barnes Group (B) is traded on New York Stock Exchange in USA. It is located in 123 Main Street, Bristol, CT, United States, 06010-6376 and employs 6,500 people. Barnes is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Barnes Group Leadership Team

Elected by the shareholders, the Barnes' board of directors comprises two types of representatives: Barnes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Barnes. The board's role is to monitor Barnes' management team and ensure that shareholders' interests are well served. Barnes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Barnes' outside directors are responsible for providing unbiased perspectives on the board's policies.
Christopher Stephens, Chief Financial Officer, Senior Vice President - Finance
Michael Beck, Senior Vice President and Presidentident - Barnes Aerospace
Stephen Moule, Senior Vice President, Barnes Group Inc., and President, Barnes Industrial
Mylle Mangum, Independent Director
Jakki Haussler, Independent Director
William Pitts, Director - Planning & Investor Relations
Richard Hipple, Independent Director
Francis Kramer, Independent Director
William Bristow, Independent Director
JoAnna Sohovich, Independent Director
Patrick Hurley, Senior Vice President, Chief Technology Officer
Richard Barnhart, Sr. VP and President of Barnes Aerospace
Dawn Edwards, Sr. VP of HR and Chairman of Benefits Committee
Patrick Dempsey, CEO and President Director and Member of Executive Committee
Hassell McClellan, Lead Independent Director
James Berklas, Senior Vice President General Counsel, Secretary
Ian Reason, Senior Aerospace
Scott Mayo, Sr. VP and President of Barnes Industrial
Lukas Hovorka, Senior Vice President - Corporate Development
Gary Benanav, Independent Director
Anthony Nicolosi, Independent Director
Thomas Barnes, Non-Executive Independent Chairman of the Board
Peter Gutermann, Senior Vice President General Counsel, Secretary
Michael Kennedy, Vice Treasury
HansPeter Manner, Independent Director
Julie Streich, Interim Chief Executive Officer, Chief Financial Officer, Senior Vice President - Finance
Elijah Barnes, Independent Director
Thomas Hook, Independent Director
Jay Knoll, General VP
William Morgan, Lead Independent Director
Marian Acker, Interim Chief Financial Officer and Principal Financial Officer
Daphne Jones, Independent Director
James Pelletier, Senior Vice President General Counsel, Secretary

Barnes Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Barnes a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Barnes Investors Sentiment

The influence of Barnes' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Barnes. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Barnes' public news can be used to forecast risks associated with an investment in Barnes. The trend in average sentiment can be used to explain how an investor holding Barnes can time the market purely based on public headlines and social activities around Barnes Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Barnes' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Barnes' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Barnes' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Barnes.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Barnes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Barnes' short interest history, or implied volatility extrapolated from Barnes options trading.

Pair Trading with Barnes

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barnes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barnes will appreciate offsetting losses from the drop in the long position's value.

Moving together with Barnes Stock

  0.7CR Crane Company Financial Report 8th of May 2024 PairCorr
  0.74HI Hillenbrand Financial Report 13th of May 2024 PairCorr
  0.85IR Ingersoll Rand Financial Report 1st of May 2024 PairCorr

Moving against Barnes Stock

  0.76RR Richtech Robotics ClassPairCorr
  0.57ATS ATS CorporationPairCorr
The ability to find closely correlated positions to Barnes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barnes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barnes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barnes Group to buy it.
The correlation of Barnes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barnes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barnes Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Barnes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Barnes Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Barnes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Barnes Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Barnes Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Barnes Group information on this page should be used as a complementary analysis to other Barnes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Barnes Stock analysis

When running Barnes' price analysis, check to measure Barnes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barnes is operating at the current time. Most of Barnes' value examination focuses on studying past and present price action to predict the probability of Barnes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barnes' price. Additionally, you may evaluate how the addition of Barnes to your portfolios can decrease your overall portfolio volatility.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Stocks Directory
Find actively traded stocks across global markets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Is Barnes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barnes. If investors know Barnes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barnes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.53)
Dividend Share
0.64
Earnings Share
0.31
Revenue Per Share
28.419
Quarterly Revenue Growth
0.326
The market value of Barnes Group is measured differently than its book value, which is the value of Barnes that is recorded on the company's balance sheet. Investors also form their own opinion of Barnes' value that differs from its market value or its book value, called intrinsic value, which is Barnes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barnes' market value can be influenced by many factors that don't directly affect Barnes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barnes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barnes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barnes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.