At the Focal Point, Checking in on Barnes Group Inc. (NYSE:B) and Nexstar Media Group, Inc. (NASDAQ:NXST)

Savvy investors are constantly on the lookout when it comes to picking stocks at bargain prices. As of late, investors have been taking notice of Barnes Group Inc. (NYSE:B) shares. During recent trading, shares saw a move of 0.24% hitting a price of $67.79.

Here we’ll take a quick glance at how the stock price is currently trading in relation to some of its simple moving averages. At current levels, Barnes Group Inc. (NYSE:B) shares have been seen trading 5.69% away from the 20-day moving average. The stock has been recently separated from the 50-day moving average by 5.53%. Using a broader approach, shares have been trading 10.70% off of the 200-day moving average. After the latest check-in, company stock is -0.01% off of the 50 day high and 11.02% away from the 50 day low price.

In terms of performance, shares of Barnes Group Inc. (NYSE:B) are 7.14% since the start of 2016. Over the past week, shares are 4.79%. Moving out to look at the previous month performance, the stock is at 7.21%. For the quarter, performance is at -5.20%. During the past six months, Barnes Group Inc. (NYSE:B)’s stock has been 13.57% and 45.07% for the last 12 months.

Smart investors are constantly on the lookout for a bargain when it comes to stock picking. As of late, investors have been taking a second look at shares of Nexstar Media Group, Inc. (NASDAQ:NXST). During recent trading, shares saw a move of -0.69% hitting a price of $79.45.

Here we’ll take a quick glance at how the stock price is currently trading in relation to some of its simple moving averages. At current levels, Nexstar Media Group, Inc. (NASDAQ:NXST) shares have been seen trading 3.18% away from the 20-day moving average. The stock has been recently separated from the 50-day moving average by 11.94%. Using a broader approach, shares have been trading 23.35% off of the 200-day moving average. After the latest check-in, company stock is -1.24% off of the 50 day high and 29.29% away from the 50 day low price.

In terms of performance, shares of Nexstar Media Group, Inc. (NASDAQ:NXST) are 1.60% since the start of 2016. Over the past week, shares are 8.17%. Moving out to look at the previous month performance, the stock is at 10.12%. For the quarter, performance is at 32.86%. During the past six months, Nexstar Media Group, Inc. (NASDAQ:NXST)’s stock has been 25.81% and 22.51% for the last 12 months.

Investors are constantly attempting to find the next great stock to own. Picking the next winner to bolster the portfolio may involve some hard work and a little bit of stock market magic. Sifting through the wealth of information about public companies can be a daunting task. Many sharp investors will attack the equity markets from many different angles.

This may include keeping close tabs on fundamental and technical data. This may also include tracking analyst opinions and following what the big money institutions are buying or selling.

So, most importantly, where are shares headed from here? In order to get a sense of Wall Street sentiment, we can look to brokerage analyst estimates. On a one to five ratings scale where 1.0 indicates a Strong Buy, 2.0 indicates a Buy, 3.0 a Hold, 4.0 a Sell and 5.0 a Stong Sell. Nexstar Media Group, Inc. currently has an average analyst recommendation of 1.50 according to analysts. This is the average number based on the total brokerage firms taken into consideration by Beta Systems Research. The same analysts have a future one-year price target of $89.10 on the shares.