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Gates Industrial Corp (GTES)
:GTES
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GTES Stock Chart & Stats
Day’s Range― - ―
52-Week Range$12.41 - $23.34
Previous CloseN/A
Volume395.70K
Average Volume (3M)2.40M
Market Cap
$5.22B
Enterprise Value$6.98B
Total Cash (Recent Filing)$527.20M
Total Debt (Recent Filing)$3.79B
Price to Earnings (P/E)24.6
Beta1.20
Next Earnings
Feb 06, 2025EPS Estimate
0.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.83
Shares Outstanding254,717,850
10 Day Avg. Volume2,482,051
30 Day Avg. Volume2,402,774
Standard Deviation0.10
R-Squared0.51
Alpha-0.00386
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.52
Price to Cash Flow (P/CF)11.30
P/FCF Ratio14.80
Enterprise Value/Market Cap1.34
Enterprise Value/Revenue2.03
Enterprise Value/Gross Profit5.13
Enterprise Value/Ebitda10.65
Forecast
1Y Price Target
$24.14Price Target Upside17.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Gates Industrial News
Ownership Overview
1.57% Insiders
39.59% Mutual Funds
1.09% Other Institutional Investors
36.06% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GTES FAQ
What was Gates Industrial Corp’s price range in the past 12 months?
Gates Industrial Corp lowest stock price was $12.40 and its highest was $23.34 in the past 12 months.
What is Gates Industrial Corp’s market cap?
Gates Industrial Corp’s market cap is $5.22B.
When is Gates Industrial Corp’s upcoming earnings report date?
Gates Industrial Corp’s upcoming earnings report date is Feb 06, 2025 which is in 13 days.
How were Gates Industrial Corp’s earnings last quarter?
Gates Industrial Corp 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 overvalued?
According to Wall Street analysts Gates Industrial Corp’s price is currently Undervalued.
Does Gates Industrial Corp pay dividends?
Gates Industrial Corp does not currently pay dividends.
What is Gates Industrial Corp’s EPS estimate?
Gates Industrial Corp’s EPS estimate is 0.33.
How many shares outstanding does Gates Industrial Corp have?
Gates Industrial Corp has 254,717,850 shares outstanding.
What happened to Gates Industrial Corp’s price movement after its last earnings report?
Gates Industrial Corp 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?
Among the largest hedge funds holding Gates Industrial Corp’s share is Blackstone Inc.. It holds Gates Industrial Corp’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:
$24.14 (17.81% Upside)
$24.14 (17.81% Upside)
Blogger Sentiment
Bullish
GTES Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 30.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.81%
12-Months-Change
Fundamentals
Return on Equity
7.15%
Trailing 12-Months
Asset Growth
0.17%
Trailing 12-Months
Company Description
Gates Industrial Corp
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
$24.14
▲(17.81% Upside)
Technical Analysis
Barnes Group
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Ingersoll Rand
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ITT
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Alamo Group
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Curtiss-Wright
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Applied Industrial Technologies
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Best Analysts Covering GTES
1 Year
1 Year Success Rate
9/15 ratings generated profit
1 Year Average Return
+9.90%
reiterated a buy rating 2 months ago
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 +9.90% per trade.
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