NYSE:GTES Gates Industrial (GTES) Stock Price, News & Analysis $20.48 +0.19 (+0.91%) As of 01/17/2025 03:59 PM Eastern This is a fair market value price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Gates Industrial Stock (NYSE:GTES) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Gates Industrial alerts:Sign Up Key Stats Today's Range$20.16▼$20.5750-Day Range$19.75▼$22.9352-Week Range$12.40▼$23.34Volume1.64 million shsAverage Volume1.88 million shsMarket Capitalization$5.22 billionP/E Ratio24.68Dividend YieldN/APrice Target$22.50Consensus RatingModerate Buy Company OverviewGates Industrial Corporation PLC designs and manufactures power transmission equipment. Its products serves harsh and hazardous industries such as agriculture, construction, manufacturing and energy, to everyday consumer applications such as printers, power washers, automatic doors and vacuum cleaners and virtually every form of transportation.Read More… Gates Industrial Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks78th Percentile Overall ScoreGTES MarketRank™: Gates Industrial scored higher than 78% of companies evaluated by MarketBeat, and ranked 66th out of 177 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingGates Industrial has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageGates Industrial has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Gates Industrial's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth15.87% Earnings GrowthEarnings for Gates Industrial are expected to grow by 15.87% in the coming year, from $1.26 to $1.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gates Industrial is 24.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Gates Industrial is 24.68, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.63.Price to Book Value per Share RatioGates Industrial has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Gates Industrial's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.50% of the float of Gates Industrial has been sold short.Short Interest Ratio / Days to CoverGates Industrial has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Gates Industrial has recently increased by 8.39%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldGates Industrial does not currently pay a dividend.Dividend GrowthGates Industrial does not have a long track record of dividend growth. Sustainability and ESG1.4 / 5Environmental Score-1.94 Percentage of Shares Shorted2.50% of the float of Gates Industrial has been sold short.Short Interest Ratio / Days to CoverGates Industrial has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Gates Industrial has recently increased by 8.39%, indicating that investor sentiment is decreasing significantly. News and Social Media2.4 / 5News Sentiment0.35 News SentimentGates Industrial has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Gates Industrial this week, compared to 8 articles on an average week.Search Interest3 people have searched for GTES on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Gates Industrial to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Gates Industrial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.30% of the stock of Gates Industrial is held by insiders.Percentage Held by Institutions98.50% of the stock of Gates Industrial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Gates Industrial's insider trading history. Receive GTES Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gates Industrial and its competitors with MarketBeat's FREE daily newsletter. Email Address GTES Stock News HeadlinesCitigroup Has Lowered Expectations for Gates Industrial (NYSE:GTES) Stock PriceJanuary 15, 2025 | americanbankingnews.comGates Industrial Corp PLC (GTES) Announces Fourth-Quarter 2024 Earnings Release DateJanuary 14, 2025 | gurufocus.comThis coin could surge during Trump’s first week in office.Juan has never had a losing trade on Bitcoin. And he booked gains of 312% on Chainlink … Now, he says one virtually unknown coin could thrive in the first year of Trump's crypto bull market …starting during his first week in office.January 20, 2025 | Weiss Ratings (Ad)Gates Industrial Announces Fourth-Quarter 2024 Earnings Release DateJanuary 14, 2025 | prnewswire.comGates Industrial price target lowered to $24 from $27 at CitiJanuary 14, 2025 | markets.businessinsider.comBarclays Sticks to Its Buy Rating for Gates Industrial (GTES)January 8, 2025 | markets.businessinsider.comGates Industrial price target lowered to $84 from $86 at RBC CapitalJanuary 4, 2025 | markets.businessinsider.comGates Industrial Corporation plc (GTES): A Bull Case TheoryDecember 23, 2024 | msn.comSee More Headlines GTES Stock Analysis - Frequently Asked Questions How have GTES shares performed this year? Gates Industrial's stock was trading at $20.57 at the beginning of the year. Since then, GTES shares have decreased by 0.4% and is now trading at $20.4850. View the best growth stocks for 2025 here. How were Gates Industrial's earnings last quarter? Gates Industrial Corp PLC (NYSE:GTES) released its earnings results on Sunday, November, 7th. The company reported $0.31 earnings per share for the quarter, meeting the consensus estimate of $0.31. The company's revenue for the quarter was up 21.1% compared to the same quarter last year. Is Gates Industrial doing a stock buyback? Gates Industrial's board authorized a stock buyback program on Wednesday, July 31st 2024, which authorizes the company to repurchase $250,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 5.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board of directors believes its shares are undervalued. When did Gates Industrial IPO? Gates Industrial (GTES) raised $751 million in an initial public offering on Thursday, January 25th 2018. The company issued 38,500,000 shares at $18.00-$21.00 per share. Citigroup, Morgan Stanley and UBS Investment Bank acted as the underwriters for the IPO and Barclays, Credit Suisse, Goldman Sachs, RBC Capital Markets, Blackstone Capital Markets, Deutsche Bank Securities, Wells Fargo Securities Current Capital Securities, KeyBanc Capital Markets, Siebert Cisneros Shank, SunTrust Robinson Humphrey, Academy Securities, BTIG and Guggenheim Securities were co-managers. Who are Gates Industrial's major shareholders? Top institutional shareholders of Gates Industrial include Confluence Investment Management LLC (0.41%), Wedge Capital Management L L P NC (0.05%), Assenagon Asset Management S.A. (0.04%) and Oliver Luxxe Assets LLC (0.03%). Insiders that own company stock include Neil P Simpkins, Ivo Jurek, Aggregator (Cayman) LP Omaha, Blackstone Inc, Fredrik J Eliasson and Wilson S Neely. View institutional ownership trends. How do I buy shares of Gates Industrial? Shares of GTES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Gates Industrial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Gates Industrial investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), Adobe (ADBE) and Arista Networks (ANET). Company Calendar Last Earnings11/07/2021Today1/20/2025Next Earnings (Estimated)2/13/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry General industrial machinery & equipment Sub-IndustryN/A Current SymbolNYSE:GTES CUSIPN/A CIK1718512 Webwww.gates.com Phone303-744-1911FaxN/AEmployees14,700Year FoundedN/APrice Target and Rating Average Stock Price Target$22.50 High Stock Price Target$26.00 Low Stock Price Target$16.00 Potential Upside/Downside+9.8%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.83 Trailing P/E Ratio24.68 Forward P/E Ratio16.26 P/E GrowthN/ANet Income$232.90 million Net Margins6.43% Pretax Margin9.06% Return on Equity9.94% Return on Assets4.89% Debt Debt-to-Equity Ratio0.70 Current Ratio3.02 Quick Ratio2.11 Sales & Book Value Annual Sales$3.57 billion Price / Sales1.46 Cash Flow$2.24 per share Price / Cash Flow9.13 Book Value$13.42 per share Price / Book1.53Miscellaneous Outstanding Shares254,720,000Free Float248,859,000Market Cap$5.22 billion OptionableOptionable Beta1.38 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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