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Gates Industrial Corp Plc (GTES)
NYSE:GTES
Holding GTES?
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GTES Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.41 - $23.34
Previous Close$20.38
Volume5.02M
Average Volume (3M)2.85M
Market Cap
$5.15B
Enterprise Value$7.38B
Total Cash (Recent Filing)$574.40M
Total Debt (Recent Filing)$2.46B
Price to Earnings (P/E)24.5
Beta1.19
Next Earnings
Feb 10, 2025EPS Estimate
$0.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.83
Shares Outstanding254,717,843
10 Day Avg. Volume2,788,808
30 Day Avg. Volume2,850,375
Standard Deviation0.10
R-Squared0.50
Alpha-0.00133
Financial Highlights & Ratios
Price to Book (P/B)1.67
Price to Sales (P/S)1.50
Price to Cash Flow (P/CF)11.10
P/FCF Ratio14.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.14
Enterprise Value/Gross Profit5.43
Enterprise Value/Ebitda11.27
Forecast
1Y Price Target
$24.71Price Target Upside21.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Gates Industrial News
PremiumCompany Announcements
Gates Industrial Reports Decline in Q3 2024 EarningsRisk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
GTES FAQ
What was Gates Industrial Corp Plc’s price range in the past 12 months?
Gates Industrial Corp Plc lowest stock price was $12.40 and its highest was $23.34 in the past 12 months.
What is Gates Industrial Corp Plc’s market cap?
Currently, no data Available
When is Gates Industrial Corp Plc’s upcoming earnings report date?
Gates Industrial Corp Plc’s upcoming earnings report date is Feb 10, 2025 which is in 50 days.
How were Gates Industrial Corp Plc’s earnings last quarter?
Gates Industrial Corp Plc released its earnings results on Oct 30, 2024. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.305 by $0.025.
Is Gates Industrial Corp Plc overvalued?
According to Wall Street analysts Gates Industrial Corp Plc’s price is currently Undervalued.
Does Gates Industrial Corp Plc pay dividends?
Gates Industrial Corp Plc does not currently pay dividends.
What is Gates Industrial Corp Plc’s EPS estimate?
Gates Industrial Corp Plc’s EPS estimate is $0.33.
How many shares outstanding does Gates Industrial Corp Plc have?
Gates Industrial Corp Plc has 254,717,850 shares outstanding.
What happened to Gates Industrial Corp Plc’s price movement after its last earnings report?
Gates Industrial Corp Plc reported an EPS of $0.33 in its last earnings report, beating expectations of $0.305. Following the earnings report the stock price went up 5.696%.
Which hedge fund is a major shareholder of Gates Industrial Corp Plc?
Among the largest hedge funds holding Gates Industrial Corp Plc’s share is Blackstone Inc.. It holds Gates Industrial Corp Plc’s shares valued at 374M.
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Gates Industrial Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$24.71 (21.25% Upside)
$24.71 (21.25% Upside)
Blogger Sentiment
Bullish
GTES Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 30.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 9.6%
Last 30 Days ▲ 10.6%
Last 30 Days ▲ 10.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
61.23%
12-Months-Change
Fundamentals
Return on Equity
7.15%
Trailing 12-Months
Asset Growth
0.17%
Trailing 12-Months
Company Description
Gates Industrial Corp Plc
Gates Industrial Corp. Plc is a holding company, which engages in the manufacture of engineered power transmission and fluid solutions. It operates through the following segments: Power Transmission and Fluid Power. The Power Transmission segment includes elastomer drive belts, and related components used to efficiently transfer motion in a broad range of applications. The Fluid Power segment comprises of hoses, tubing, and fittings designed to convey hydraulic fluid at high-pressures in both mobile and stationary applications, and high-pressure and fluid transfer hoses used to convey various fluids. The company was founded on September 25, 2017 and is headquartered in Denver, CO.
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GTES Company Deck
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GTES Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with several positive developments such as improvements in adjusted EBITDA margin, a share repurchase program, and growth in certain geographic regions. However, these were offset by significant challenges, including declines in core sales, particularly in the industrial OEM sector, and lower earnings per share. The company is taking measures to optimize its footprint and is positioning for future growth, but current market conditions remain challenging.Read More>---
GTES Stock 12 Month Forecast
Average Price Target
$24.71
▲(21.25% Upside)
Technical Analysis
Best Analysts Covering GTES
1 Year
1 Year Success Rate
9/15 ratings generated profit
1 Year Average Return
+9.77%
reiterated a buy rating last month
Copying Jeffrey Hammond's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +9.77% per trade.
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