Gates Industrial Corporation plc (GTES)
$
21.15
-0.23 (-1.09%)
Key metrics
Financial statements
Free cash flow per share
1.2133
Market cap
5.5 Billion
Price to sales ratio
1.6067
Debt to equity
0.7952
Current ratio
3.3333
Income quality
1.7321
Average inventory
688.4 Million
ROE
0.0699
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. The income before tax ratio is 0.10 reflecting the pre-tax margin. The cost of revenue for the company is $2,049,700,000.00 showcasing its production and operational expenses. The company reported selling, general, and administrative expenses of $870,000,000.00 indicating its operational overhead costs. The EBITDA is $478,700,000.00 a key indicator of the company's operational profitability, while the total costs and expenses for the company are $2,919,700,000.00 reflecting its overall spending. Operating in two segments, Power Transmission and Fluid Power, Gates offers a variety of products including synchronous and asynchronous belts like V-belts, CVT belts, and Micro-V belts, along with related components such as sprockets, pulleys, water pumps, tensioners, and other accessories. They provide solutions for both stationary and mobile drives, engine systems, personal mobility, and vertical lift application platforms, as well as metal drive components and automotive replacement channel kits. Additionally, the company delivers fluid power solutions that encompass stationary hydraulics, mobile hydraulics, engine systems, and various industrial application platforms, featuring hydraulics such as hoses, tubing, fittings, and assemblies. The company serves diverse sectors including construction, agriculture, energy and resources, automotive, transportation, mobility and recreation, consumer products, and various industrial applications such as automated manufacturing and logistics systems, marketing its engineered products under the Gates brand. The stock is affordable at $21.38 suitable for budget-conscious investors. It has a high average trading volume of 2,682,896.00 indicating strong liquidity. With a mid-range market capitalization of $5,451,856,650.00 the company is a steady performer. Gates Industrial Corporation plc is a key player in the Industrial - Machinery industry, contributing significantly to the overall market landscape. Moreover, it belongs to the Industrials sector, driving innovation and growth while aligning with the best interests of its various stakeholders. The robustness of its operations and its strategic market positioning highlight the company's commitment to delivering quality and reliable solutions across multiple sectors.
Is Gates Industrial Corporation plc (GTES) a good investment?
Investing in Gates Industrial Corporation plc (GTES) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as B, with a Bearish outlook. Always conduct your own research before investing.
What is Gates Industrial Corporation plc (GTES)'s stock forecast?
Analysts predict Gates Industrial Corporation plc stock to fluctuate between $14.70 (low) and $23.85 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Gates Industrial Corporation plc's market capitalization?
As of 2025-05-30, Gates Industrial Corporation plc's market cap is $5,451,856,650, based on 257,771,000 outstanding shares.
How does Gates Industrial Corporation plc compare to competitors like GE Aerospace?
Compared to GE Aerospace, Gates Industrial Corporation plc has a Lower Market-Cap, indicating a difference in performance.
How can I buy Gates Industrial Corporation plc (GTES) stock?
To buy Gates Industrial Corporation plc (GTES) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for GTES. Place an order (Market, Limit, etc.).
What is the best time to invest in Gates Industrial Corporation plc?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
How did Gates Industrial Corporation plc perform in the last earnings report?
Revenue: $3,408,200,000 | EPS: $0.75 | Growth: -12.79%.
Where can I find Gates Industrial Corporation plc's investor relations reports?
Visit https://www.gates.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Gates Industrial Corporation plc?
You can explore historical data from here
What is the all-time high and low for Gates Industrial Corporation plc stock?
All-time high: $23.85 (2025-02-19) | All-time low: $9.40 (2022-10-13).
What are the key trends affecting Gates Industrial Corporation plc stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
Gates Industrial Corporation plc (NYSE:GTES ) Q1 2025 Earnings Conference Call April 30, 2025 9:00 AM ET Company Participants Rich Kwas - Vice President of Investor Relations Ivo Jurek - CEO Brooks Mallard - CFO Conference Call Participants Michael Halloran - Baird Julian Mitchell - Barclays Jeffrey Hammond - KeyBanc Capital Markets Nigel Coe - Wolfe Research Deane Dray - RBC Capital Markets Chris Snyder - Morgan Stanley Operator Thank you for standing by. My name is Greg, and I will be your conference operator today.
zacks.com
While the top- and bottom-line numbers for Gates Industrial (GTES) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
Gates Industrial (GTES) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.31 per share a year ago.
prnewswire.com
DENVER , April 30, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a leading global provider of application-specific fluid power and power transmission solutions, today reported results for the first quarter ended March 29, 2025. First-Quarter 2025 Financial Summary First-quarter net sales of $847.6 million, down 1.7% compared to the prior-year period, including core revenue growth of 1.4%.
prnewswire.com
DENVER , April 14, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) today announced that it has changed the time of its first-quarter 2025 webcast and conference call from 10 a.m. Eastern time to 9 a.m.
prnewswire.com
DENVER , April 8, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) will issue its first-quarter earnings release before the market opens on Wednesday, April 30, 2025. Management will host a webcast and conference call on the same day at 10:00 a.m.
seekingalpha.com
Gates Industrial shares rose 11.1% since March last year, outperforming the S&P 500's 7.6% gain, despite some weak spots forming. Revenue fell 4.5% from 2023 to 2024, driven by declines in both Power Transmission and Fluid Power segments, yet EBITDA improved. Management's plans for 2025-2026 include revenue growth, margin improvements, and net debt reduction, suggesting potential annualized upside of 20.3% to 31.2%.
prnewswire.com
DENVER , Feb. 10, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that Ivo Jurek, Chief Executive Officer, will participate in fireside chats at the following upcoming investor conferences: The Citi Global Industrial Tech and Mobility Conference on Tuesday, February 18, 2025 at 1:50 p.m. Eastern time.
seekingalpha.com
Gates Industrial Corporation plc (NYSE:GTES ) Q4 2024 Earnings Conference Call February 6, 2025 11:00 AM ET Company Participants Rich Kwas – Investor Relations Ivo Jurek – Chief Executive Officer Brooks Mallard – Executive Vice President and Chief Financial Officer Conference Call Participants Julian Mitchell – Barclays Deane Dray – RBC Capital Markets Andy Kaplowitz – Citigroup Jeff Hammond – KeyBanc Capital Markets Mike Halloran – Baird Stephen Volkmann – Jefferies Nigel Coe – Wolfe Research Jerry Revich – Goldman Sachs Chris Snyder – Morgan Stanley David Raso – Evercore ISI Operator Good morning, and welcome to Gates Industrial Corporation's Fourth Quarter and Full Year 2024 Earnings Call. All participants are in a listen-only mode.
zacks.com
Although the revenue and EPS for Gates Industrial (GTES) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
See all news
