Gates Industrial Corp Plc (GTES)
NYSE:GTES
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GTES Stock Chart & Stats
$25.58
-$0.24(-1.17%)
At close: 4:00 PM EST
$25.58
-$0.24(-1.17%)
Day’s Range― - ―
52-Week Range$20.88 - $28.47
Previous CloseN/A
Volume395.70K
Average Volume (3M)2.33M
Market Cap
$6.73B
Enterprise Value$8.16B
Total Cash (Recent Filing)$785.30M
Total Debt (Recent Filing)$2.36B
Price to Earnings (P/E)27.0
Beta1.42
Next Earnings
Jul 31, 2026EPS Estimate
0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.98
Shares Outstanding253,999,920
10 Day Avg. Volume2,012,772
30 Day Avg. Volume2,326,467
Financial Highlights & Ratios
PEG Ratio0.73
Price to Book (P/B)1.69
Price to Sales (P/S)1.63
P/FCF Ratio13.89
Enterprise Value/Market Cap1.21
Enterprise Value/Revenue2.37
Enterprise Value/Gross Profit5.89
Enterprise Value/Ebitda11.56
Forecast
1Y Price Target
$31.00Price Target Upside21.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)1.63
Revenue Forecast (FY)$3.57B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash Flow ConversionConsistently converting earnings into cash (≈101% TTM) supports durable financial flexibility: funds capex, debt reduction, tuck‑ins and buybacks without reliance on markets. High conversion also signals earnings quality and resilience across industrial cycles, improving long‑term capital allocation.
High Gross And EBITDA MarginsSustained ~40% gross margin and mid‑to‑high teens EBITDA reflect differentiated engineered products and aftermarket mix, which are structurally higher margin than commodity parts. This margin base supports consistent cash generation and provides room to invest in product development and distribution over the medium term.
Strategic M&A Optionality (tuck‑in)Targeted, accretive tuck‑ins expand product breadth and aftermarket scale with limited integration risk, adding predictable revenue and margin improvement opportunities. A disciplined M&A pipeline gives durable growth optionality beyond organic demand cycles and leverages distribution and cross‑sell capabilities.
Bears Say
Balance‑sheet Comparability UncertaintyAn unexplained sharp change in reported debt creates ambiguity around true leverage and financial flexibility. Without clarity, assessing covenant risk, refinancing needs and cushion for cyclical downturns is harder, which raises the probability of surprises during stress periods and complicates capital planning.
ERP Implementation And Distribution DisruptionERP rollouts reveal execution risk in supply chain and distribution. Persistent fulfillment or systems issues can erode service levels, increase logistics costs and damage OEM/aftermarket relationships. If not fully stabilized, such operational gaps can weigh on revenue durability and margin recovery over multiple quarters.
Cyclical End‑market Exposure And Regional WeaknessSignificant exposure to OEM production cycles and industrial end markets makes revenue and margins sensitive to macro swings. Regional and segment declines show the company faces demand volatility; sustained weakness in on‑highway or industrial OEMs would compress utilization, pricing power and long‑term earnings visibility.
Gates Industrial News
GTES FAQ
What was Gates Industrial Corp Plc’s price range in the past 12 months?
Gates Industrial Corp Plc lowest stock price was $20.88 and its highest was $28.47 in the past 12 months.
What is Gates Industrial Corp Plc’s market cap?
Gates Industrial Corp Plc’s market cap is $6.73B.
When is Gates Industrial Corp Plc’s upcoming earnings report date?
Gates Industrial Corp Plc’s upcoming earnings report date is Jul 31, 2026 which is in 58 days.
How were Gates Industrial Corp Plc’s earnings last quarter?
Gates Industrial Corp Plc released its earnings results on May 01, 2026. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.328 by $0.022.
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 0.42.
How many shares outstanding does Gates Industrial Corp Plc have?
Gates Industrial Corp Plc has 253,999,920 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 $0.35 in its last earnings report, beating expectations of $0.328. Following the earnings report the stock price went down -6.052%.
Which hedge fund is a major shareholder of Gates Industrial Corp Plc?
Currently, no hedge funds are holding shares in GTES
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Gates Industrial Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$31.00 (21.19% Upside)
$31.00 (21.19% Upside)
Blogger Sentiment
Bullish
GTES Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.8M Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
44.48%
12-Months-Change
Fundamentals
Return on Equity
7.47%
Trailing 12-Months
Asset Growth
3.33%
Trailing 12-Months
Company Description
Gates Industrial Corp Plc
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 systems, personal mobility, and vertical lifts application platforms; metal drive components; and kits for automotive replacement channels. It also provides fluid power solutions comprising stationary hydraulics, mobile hydraulics, engine systems, and other industrial application platforms; and hydraulics, including hoses, tubing, and fittings, as well as assemblies. The company serves construction, agriculture, energy and resources, automotive, transportation, mobility and recreation, consumer products, and various industrial applications, such as automated manufacturing and logistics systems. It sells its engineered products under the Gates brand. The company offers its products to replacement channel customers, as well as to original equipment manufacturers. Gates Industrial Corporation plc was founded in 1911 and is headquartered in Denver, Colorado.
GTES Company Deck
GTES Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Cautiously positive. The company experienced notable short-term headwinds from a European ERP implementation and calendar timing that pressured Q1 sales and margins, but these were characterized as temporary. Management highlighted improving order trends, book-to-bill above 1, strong free cash flow (101% conversion), improved leverage (1.9x), a credit upgrade, a small strategic tuck-in acquisition, and reiterated full-year guidance while projecting meaningful margin recovery in the back half. Given the balance of transitory operational issues against solid cash generation, improving orders and reaffirmed guidance, the tone of the call and outlook skew positive.View all GTES earnings summariesGTES Stock 12 Month Forecast
Average Price Target
$31.00
▲(21.19% Upside)
Technical Analysis
Ownership Overview
2.01% Insiders
43.22% Mutual Funds
18.66% Other Institutional Investors
12.44% Public Companies and
Individual Investors