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Gates Industrial Corp Plc (GTES)
NYSE:GTES
Gates Industrial (GTES) Stock Price & Analysis
101 Followers
GTES Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.68 - $17.86
Previous Close$17.27
Volume1.70M
Average Volume (3M)3.03M
Market Cap
$4.56B
Enterprise Value$6.62B
Total Cash (Recent Filing)$720.60M
Total Debt (Recent Filing)$2.45B
Price to Earnings (P/E)20.2
Beta1.25
Next Earnings
May 07, 2024EPS Estimate
$0.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.85
Shares Outstanding264,271,455
10 Day Avg. Volume2,643,383
30 Day Avg. Volume3,033,174
Standard Deviation0.11
R-Squared0.54
Alpha-0.00828
Financial Highlights & Ratios
Price to Book (P/B)-22.73
Price to Sales (P/S)5.29
Price to Cash Flow (P/CF)6.10
P/FCF Ratio5.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.85
Enterprise Value/Gross Profit4.87
Enterprise Value/Ebitda9.94
Forecast
1Y Price Target
$18.44Price Target Upside6.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Gates Industrial News
PremiumCompany Announcements
Gates Industrial Announces Chief Accounting Officer Resignation
Risk 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 $10.68 and its highest was $17.86 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 May 07, 2024 which is in 18 days.
How were Gates Industrial Corp Plc’s earnings last quarter?
Gates Industrial Corp Plc released its earnings results on Feb 08, 2024. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.283 by $0.107.
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 $0.31.
How many shares outstanding does Gates Industrial Corp Plc have?
Gates Industrial Corp Plc has 264,271,450 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 $0.39 in its last earnings report, beating expectations of $0.283. Following the earnings report the stock price went down -5.505%.
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 1B.
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Gates Industrial Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$18.44 (6.77% Upside)
$18.44 (6.77% Upside)
Blogger Sentiment
Bullish
GTES Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 17.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $863.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 5.1%
Last 30 Days ▲ 5.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.84%
12-Months-Change
Fundamentals
Return on Equity
7.38%
Trailing 12-Months
Asset Growth
0.87%
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 Earnings Call
Q4 2024
0:00 / 0:00
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GTES Stock 12 Months Forecast
Average Price Target
$18.44
▲(6.77% Upside)
Technical Analysis
Best Analysts Covering GTES
1 Year
1 Year Success Rate
8/14 ratings generated profit
1 Year Average Return
+5.69%
reiterated a buy rating 6 months ago
Copying Andrew Kaplowitz's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of +5.69% per trade.
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