Gates Industrial Corporation (GTES) Stock Price, Quote & News

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

Gates Industrial Corporat... (GTES)

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

20.30

0.02 (0.10%)

At close: Jan 14, 2025, 3:59 PM

20.38

0.39%

After-hours Jan 14, 2025, 07:00 PM EST

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Bid	18.02
Market Cap	5.17B
Revenue (ttm)	-
Net Income (ttm)	-
EPS (ttm)	0.83
PE Ratio (ttm)	24.46
Forward PE	n/a
Analyst	Buy

Ask	22.05
Volume	1,643,465
Avg. Volume (20D)	2,930,855
Open	20.32
Previous Close	20.28
Day's Range	20.20 - 20.54
52-Week Range	12.40 - 23.34
Beta	undefined

About GTES

Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. It operates in two segments, Power Transmission and Fluid Power. The company offers synchronous or asynchronous belts, including V-belts, CVT belts, and Micro-V belts, as well as related components, such as sprockets, pulleys, water pumps, tensioners, or other accessories; solutions for stationary and mobile drives, engine sy...

[Show more]

Industry Industrial - Machinery

Sector Industrials

IPO Date Jan 25, 2018

Employees 14,700

Stock Exchange NYSE

Ticker Symbol GTES

Website https://www.gates.com

Analyst Forecast

According to 10 analyst ratings, the average rating for GTES stock is "Buy." The 12-month stock price forecast is $23.5, which is an increase of 15.76% from the latest price.

Buy 70.00%

Hold 30.00%

Sell 0.00%

Stock Forecasts

Next Earnings Release

Gates Industrial Corporation is scheduled to release its earnings on Feb 6, 2025, before market opens.
Analysts project revenue of $832.20M, reflecting a -3.6% YoY shrinking and earnings per share of 0.33, making a -15.38% decrease YoY.

Why Price Moved

2 months ago · Source

+5.48%

Shares of machinery companies are trading higher. ... Unlock content with Pro Subscription

2 months ago · Source

+5.7%

Gates Industrial Corp shares are trading higher after the company reported better-than-expected Q3 adjusted EPS results and raised its FY24 adjusted EPS guidance.

News

6 days ago · zacks.com

5 Value Stocks With Enticing EV-to-EBITDA Ratios to Own Now

We have screened value stocks JKS, ENS, KT, BIP and GTES based on the EV-to-EBITDA ratio, which gives the true picture of valuation and earnings potential.

4 weeks ago · zacks.com

Has Gates Industrial (GTES) Outpaced Other Industrial Products Stocks This Year?

Here is how Gates Industrial (GTES) and Kornit Digital (KRNT) have performed compared to their sector so far this year.

4 weeks ago · seekingalpha.com

Gates Industrial: Bullish Sentiment Continuing Due To Strong Momentum And Elevated EPS Growth

We initially doubled down on Gates Industrial Corporation due to growing profitability, improving margins, and a bullish technical pattern, resulting in a 34%+ return. Despite favorable sales mix and ...

4 weeks ago · zacks.com

Gates Industrial (GTES) Upgraded to Buy: Here's What You Should Know

Gates Industrial (GTES) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 month ago · zacks.com

How Should You Play Gates Stock as It Hits a New 52-Week High?

Is GTES' record high a rally to ride or a time to pause? Discover the key factors driving GTES stock momentum amid potential headwinds.

2 months ago · seekingalpha.com

Gates Industrial Corporation plc (GTES) Q3 2024 Earnings Call Transcript

Gates Industrial Corporation plc (NYSE:GTES ) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Rich Kwas - Vice President-Investor Relations Ivo Jurek - Chief Executi...

2 months ago · zacks.com

Compared to Estimates, Gates Industrial (GTES) Q3 Earnings: A Look at Key Metrics

Although the revenue and EPS for Gates Industrial (GTES) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with...

2 months ago · zacks.com

Gates Industrial (GTES) Q3 Earnings and Revenues Top Estimates

Gates Industrial (GTES) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.35 per share a year ago.

2 months ago · zacks.com

Earnings Preview: Gates Industrial (GTES) Q3 Earnings Expected to Decline

Gates Industrial (GTES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.