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Market Cap 3.84B P/E 17.97 EPS this Y -3.70% Ern Qtrly Grth 8.90%
Income 221.8M Forward P/E 9.84 EPS next Y 18.30% 50D Avg Chg 4.00%
Sales 3.47B PEG 1.21 EPS past 5Y 14.25% 200D Avg Chg 7.00%
Dividend N/A Price/Book 1.19 EPS next 5Y 11.00% 52W High Chg -10.00%
Recommedations 2.00 Quick Ratio 1.93 Shares Outstanding 261.61M 52W Low Chg 43.00%
Insider Own 0.90% ROA 9.14% Shares Float 237.08M Beta 1.40
Inst Own 93.13% ROE 7.21% Shares Shorted/Prior 7.78M/11.79M Price 13.48
Gross Margin 39.62% Profit Margin 6.37% Avg. Volume 1,708,722 Target Price 20.23
Oper. Margin 15.77% Earnings Date Nov 1 Volume 660,457 Change -1.39%
About Gates Industrial Corporation pl

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, and other accessories; solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; metal drive components; and kits for automotive replacement channels. It also provides fluid power solutions comprising stationary hydraulics, mobile hydraulics, vehicle systems, and other industrial application platforms; and hydraulics, including hoses, tubing, coupling, and fittings, as well as assemblies. The company's products are used in applications across various markets, including industrial off-highway, such as construction and agriculture; first-fit end markets; industrial on-highway commercial vehicles comprising heavy-duty trucks and buses, energy and resources, automotive, and personal mobility; and various industrial applications, such as automated manufacturing and logistics systems. It sells its products under the Gates brand. It offers its products to replacement channel customers, as well as to original equipment manufacturers. The company was founded in 1911 and is headquartered in Denver, Colorado.

Gates Industrial Corporation pl News
11/04/24 Gates Industrial to Participate in Upcoming Investor Conferences
11/01/24 Gates Industrial Third Quarter 2024 Earnings: EPS Misses Expectations
10/31/24 GATES ANNOUNCES PRICING OF SECONDARY OFFERING OF 11,635,224 ORDINARY SHARES
10/31/24 GATES ANNOUNCES SECONDARY OFFERING OF 11,635,224 ORDINARY SHARES
10/31/24 Q3 2024 Gates Industrial Corporation PLC Earnings Call
10/31/24 Gates Industrial Corp PLC (GTES) Q3 2024 Earnings Call Highlights: Navigating Challenges with ...
10/30/24 Gates Industrial Insiders Added US$14.0m Of Stock To Their Holdings
10/30/24 Compared to Estimates, Gates Industrial (GTES) Q3 Earnings: A Look at Key Metrics
10/30/24 Gates Industrial (GTES) Q3 Earnings and Revenues Top Estimates
10/30/24 Gates Industrial Corporation (NYSE:GTES) Reports Q3 In Line With Expectations, Stock Soars
10/30/24 Gates Industrial: Q3 Earnings Snapshot
10/30/24 Gates Industrial Reports Third-Quarter 2024 Results
10/29/24 Idex (IEX) Q3 Earnings and Revenues Beat Estimates
10/29/24 Gates Industrial Corporation (GTES) Reports Q3: Everything You Need To Know Ahead Of Earnings
10/24/24 Middleby (MIDD) Reports Next Week: Wall Street Expects Earnings Growth
10/23/24 Earnings Preview: Gates Industrial (GTES) Q3 Earnings Expected to Decline
10/14/24 Is Gates Industrial Corporation (GTES) Trading at a Compelling Valuation?
10/11/24 Are Investors Undervaluing Gates Industrial Corporation plc (NYSE:GTES) By 50%?
10/08/24 Gates Industrial Announces Third-Quarter 2024 Earnings Release Date
10/07/24 Allspring Global Investments Holdings, LLC Expands Stake in Gates Industrial Corp PLC
GTES Chatroom

User Image Stoop_Kid Posted - 6 days ago

$GTES Major rs

User Image Estimize Posted - 1 week ago

Wall St is expecting 0.33 EPS for $GTES Q4 [Reporting 02/10 BMO] http://www.estimize.com/intro/gtes?chart=historical&metric_name=eps&utm_co

User Image Wigglyick Posted - 2 weeks ago

$GTES Advancing on the b/o from 10/30

User Image Doozio Posted - 2 weeks ago

$GTES n da huckleberries r thru da $$$ pattern during πŸ§ β°β™ΎοΈ

User Image FlynancialAnalyst Posted - 10/30/24

$GTES here is the breakout, DD ^^ all the same. Ready to rock to $40 ... in fact, #ShortSqueeze is now underway

User Image Stoop_Kid Posted - 10/30/24

$GTES Likely seeing some value placed on future data center business as results weren't blowout by any means

User Image Wigglyick Posted - 10/30/24

$GTES Busting out on good ER.

User Image briefingcom Posted - 10/30/24

$GTES: Gates Industrial beats by $0.02, reports revs in-line; raises FY24 EPS above consensus https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20241030080843GTES&utm_campaign=inplay&utm_medium=social&utm_source=st&utm_content=view_page

User Image OpenOutcrier Posted - 10/30/24

$GTES (+7.1% pre) Gates Industrial Reports Third-Quarter 2024 Results https://finance.yahoo.com/news/gates-industrial-reports-third-quarter-120000095.html

User Image Estimize Posted - 10/28/24

Wall St is expecting 0.31 EPS for $GTES Q3 [Reporting 10/30 BMO] http://www.estimize.com/intro/gtes?chart=historical&metric_name=eps&utm_co

User Image Wigglyick Posted - 10/26/24

$GTES 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 consists 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. Small cap with vol increase into ER. No position.

User Image jjmstocks1 Posted - 4 weeks ago

$GTES +40% YTD .. manufacturer of power transmission belts and fluid power products .. i guess you can consider these a bullish engulfing candle .. like the 2x volume on the daily chart as well ..

User Image Stoop_Kid Posted - 1 month ago

the $GTES are open @Doozio

User Image WeeklyTrader Posted - 1 month ago

What’s your strategy for $GTES? RSI: 57.24% 50-day MA: $17.26 200-day MA: $16.21

User Image Stock_Titan Posted - 2 months ago

$GTES GATES EXPANDS DATA CENTER COOLING PORTFOLIO WITH LAUNCH OF NEW DATA MASTERβ„’ HOSE https://www.stocktitan.net/news/GTES/gates-expands-data-center-cooling-portfolio-with-launch-of-new-data-u76rjxamk4hb.html

User Image some1atej111 Posted - 08/25/24

$GTES inverse head and shoulders with 3$ upside run!

User Image crazyoldguy Posted - 08/24/24

$GTES Don't quite know what to think of this one. That's a lot of volume punching the ceiling.

User Image Winning_calls Posted - 3 months ago

$GTES πŸ˜‰πŸ˜‰πŸ˜‰

User Image Winning_calls Posted - 3 months ago

$GTES 😊😊

User Image Winning_calls Posted - 3 months ago

$GTES πŸ˜˜πŸ˜˜πŸ˜‰

User Image Winning_calls Posted - 3 months ago

$GTES πŸ˜‰πŸ˜‰πŸ˜‰πŸ˜‰

User Image briefingcom Posted - 3 months ago

$GTES: Gates Industrial upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt $22 https://www.briefing.com/calendars/updown?Filter=Upgrades

User Image Winning_calls Posted - 3 months ago

$GTES u feel me knocking? Well let me inπŸ˜‰πŸ˜‰πŸ˜‰@ $17.55πŸ˜‰

User Image FlynancialAnalyst Posted - 3 months ago

$GTES $4.51B mc #XLI #HiddenGem (only 226 watchers on Stocktwits) rotating up off rising 10/40/80 wk SMAs on volume today Pct of all funds long shares in a CONSISTENT long-term uptrend ... πŸ‘Œ ... catchy ticker too πŸ‘ TrendEdge.app/asset/GTES

User Image Stock_Titan Posted - 3 months ago

$GTES GATES ANNOUNCES PRICING OF SECONDARY OFFERING OF 20,000,000 ORDINARY SHARES https://www.stocktitan.net/news/GTES/gates-announces-pricing-of-secondary-offering-of-20-000-000-ordinary-x6anduokfhxt.html

User Image DonCorleone77 Posted - 3 months ago

$GTES Gates Industrial 20M share Spot Secondary; price range $16.55-$16.95 Citi, Goldman Sachs and Jefferies are acting as joint book running managers for the offering.

User Image DonCorleone77 Posted - 3 months ago

$GTES $BX Gates Industrial says Blackstone affiliates selling 20M shares in secondary Gates Industrial (GTES) announced that certain selling stockholders affiliated with Blackstone (BX) have commenced a secondary offering o 20M of Gates' shares. In connection with the offering, the selling stockholders intend to grant to the underwriters a 30-day option to purchase up to 3M additional ordinary shares. Gates is not offering any ordinary shares in the offering and will not receive any proceeds from the sale of ordinary shares in the offering. Citigroup, Goldman Sachs and Jefferies are serving as the joint lead book-running managers of, and as representatives of the underwriters for, the offering. In addition, Gates announced that, in connection with its existing share repurchase program, it has entered into a share repurchase contract with Citigroup to repurchase $125M of ordinary shares at a price per share equal to the price paid by the underwriters in the offering and has advised Citigroup to purchase such shares from the selling stockholders.

User Image theflynews Posted - 3 months ago

Gates Industrial says Blackstone affiliates selling 20M shares in secondary - $GTES - https://thefly.com/permalinks/entry.php/GTESid3970166

User Image Stock_Titan Posted - 3 months ago

$GTES GATES ANNOUNCES SECONDARY OFFERING OF 20,000,000 ORDINARY SHARES https://www.stocktitan.net/news/GTES/gates-announces-secondary-offering-of-20-000-000-ordinary-20nivu0sagqg.html

User Image intratio Posted - 3 months ago

Gates Industrial Corp plc The artificial intelligence assessed this equity s value will have a short-term downward trend and has low expectations for the future $GTES

Analyst Ratings
Morgan Stanley Equal-Weight Sep 6, 24
RBC Capital Outperform Aug 19, 24
Evercore ISI Group In-Line Aug 19, 24
RBC Capital Sector Perform Aug 1, 24
Baird Outperform Aug 1, 24
Goldman Sachs Neutral Aug 1, 24
Barclays Equal-Weight Jun 4, 24
Baird Outperform May 2, 24
Goldman Sachs Neutral Apr 16, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Neely Wilson S Director Director Aug 30 Buy 10.835 3,000 32,505 37,103 09/01/22
Omaha Aggregator (Cayman) L.P. 10% Owner 10% Owner Mar 30 Sell 15.14 13,750,000 208,175,000 16,527,684 04/01/22
Blackstone Inc 10% Owner 10% Owner Mar 30 Sell 15.14 13,750,000 208,175,000 16,527,684 04/01/22
BX GATES ML-1 HOLDCO LLC 10% Owner 10% Owner Mar 30 Sell 15.14 13,750,000 208,175,000 16,527,684 04/01/22