Richard Hipple - Barnes Independent Director

B Stock  USD 36.08  2.69  8.06%   

Director

Mr. Richard J. Hipple is Independent Director of the Company. Richard J. Hipple is currently the Executive Chairman of Materion Corporationrationration, a publiclyheld global manufacturer of highly engineered advanced materials and coatings used in a broad range of applications and markets. Mr. Hipple, has served as Executive Chairman since March 2017, and will be retiring from this position at the end of 2017. Previously, he served as Materions Chairman and Chief Executive Officer from 2006 to 2017, and President and Chief Operating Officer from 2005 to 2006. Prior to Materion, Mr. Hipple served in the steel industry in a number of capacities, including project engineer, strategic planning, supply chain management, operations, sales and marketing, and executive management, including President. He has served on the board of Ferro Corporation since 2007, a leading supplier of technologybased functional coatings and color solutions, and the board of KeyCorporation since 2012, a bankbased financial services company. Mr. Hipple is a trustee for the Manufacturers Alliance for Productivity and Innovation, Inc., Chairman of the Trustees of the Cleveland Institute of Music, and a director of the Greater Cleveland Partnership since 2017.
Age 68
Tenure 7 years
Phone860 583 7070
Webhttps://www.onebarnes.com
Hipple received his bachelor’s degree in engineering from Drexel University.

Richard Hipple Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Hipple against Barnes stock is an integral part of due diligence when investing in Barnes. Richard Hipple insider activity provides valuable insight into whether Barnes is net buyers or sellers over its current business cycle. Note, Barnes insiders must abide by specific rules, including filing SEC forms every time they buy or sell Barnes'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

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.
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.

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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.

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.

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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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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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.
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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.
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.