Gates Industrial (GTES) Stock Price, News & Analysis

Company Overview

Gates Industrial Corporation PLC (NYSE: GTES) is a leading global manufacturer of engineered power transmission belts and fluid power products. The company’s portfolio includes synchronous belts, V-belts, hose assemblies, fittings and hydraulic components designed to support a wide range of industrial and automotive applications. Gates Industrial serves sectors such as agriculture, mining, construction, manufacturing, transportation and consumer markets, offering solutions that improve performance, reliability and efficiency in demanding operating environments.

In its power transmission segment, Gates Industrial produces high-strength belts engineered for precise motion control and minimal maintenance. These products are used in equipment ranging from heavy-duty mining machinery to specialty manufacturing lines. The fluid power division offers hydraulic hoses, tube assemblies, couplings and accessories that meet rigorous safety and durability standards, helping customers manage fluid conveyance under high pressure and temperature conditions.

Founded in 1911 as the Gates Rubber Company in Denver, Colorado, the business has evolved through more than a century of innovation, including the development of the first rubber v-belt in 1917. Over time, Gates expanded internationally and diversified into industrial markets, establishing a presence in North America, Europe, Asia-Pacific, Latin America and Africa. In 2017, the company became a publicly traded entity focused exclusively on its industrial and “Aftermarket” operations, building on a heritage of engineering expertise and customer-driven product development.

Today, Gates Industrial maintains manufacturing facilities and distribution centers around the world, supported by regional teams that collaborate closely with original equipment manufacturers and end users. The company’s ongoing investments in research and development aim to enhance product performance, reduce environmental impact and deliver innovative solutions tailored to evolving industry needs. With a global footprint and deep technical know-how, Gates Industrial is positioned to address the challenges of modern power transmission and fluid power markets.

Key Stats

• Today's Range: $26.02 to $26.50
• 50-Day Range: $21.06 to $26.40
• 52-Week Range: $20.88 to $28.47
• Volume: 2.43 million shs
• Average Volume: 2.37 million shs
• Market Capitalization: $6.63 billion
• P/E Ratio: 27.18
• Dividend Yield: N/A
• Price Target: $31.00
• Consensus Rating: Moderate Buy

Gates Industrial Stock Analysis - MarketRank™

Gates Industrial scored higher than 55% of companies evaluated by MarketBeat, and ranked 113th out of 174 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Gates Industrial has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on no strong buy ratings, 7 buy ratings, 4 hold ratings, and no sell ratings.

Upside Potential

Gates Industrial has a consensus price target of $31.00, representing about 18.8% upside from its current price of $26.09.

Amount of Analyst Coverage

Gates Industrial has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 16.99%

Earnings Growth

Earnings for Gates Industrial are expected to grow by 16.99% in the coming year, from $1.53 to $1.79 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Gates Industrial is 27.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gates Industrial is 27.18, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.08.

Price to Book Value per Share Ratio

Gates Industrial has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.02% of the float of Gates Industrial has been sold short.

Short Interest Ratio / Days to Cover

Gates Industrial has a short interest ratio ("days to cover") of 4.56.

Change versus previous month

Short interest in Gates Industrial has recently increased by 19.77%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Gates Industrial does not currently pay a dividend.

Dividend Growth

Gates Industrial does not have a long track record of dividend growth.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 2 people have searched for GTES on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Gates Industrial insiders have not sold or bought any company stock.

Percentage Held by Insiders

2.80% of the stock of Gates Industrial is held by insiders.

Percentage Held by Institutions

98.50% of the stock of Gates Industrial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 5/01/2026
• Today: 6/03/2026
• AGM 2026: 6/04/2026
• Next Earnings (Estimated): 7/30/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: MACH - GENL INDL
• Sub-Industry: Machinery
• Current Symbol: NYSE:GTES
• CIK: 1718512
• Web: www.gates.com
• Phone: 303-744-1911
• Fax: N/A
• Employees: 13,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Gates Industrial: $31.00
• High Price Target: $37.00
• Low Price Target: $23.00
• Potential Upside/Downside: +18.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.64
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.96
• Trailing P/E Ratio: 27.18
• Forward P/E Ratio: 17.05
• P/E Growth: N/A
• Net Income: $251.40 million
• Net Margins: 7.23%
• Pretax Margin: 9.41%
• Return on Equity: 10.00%
• Return on Assets: 5.15%

Debt

• Debt-to-Equity Ratio: 0.61
• Current Ratio: 3.67
• Quick Ratio: 2.66

Sales & Book Value

• Annual Sales: $3.44 billion
• Price / Sales: 1.92
• Cash Flow: $2.30 per share
• Price / Cash Flow: 11.35
• Book Value: $14.28 per share
• Price / Book: 1.83

Miscellaneous

• Outstanding Shares: 254,000,000
• Free Float: 246,888,000
• Market Cap: $6.63 billion
• Optionable: Optionable
• Beta: 1.27