NYSE:GTES Gates Industrial (GTES) Stock Price, News & Analysis → 8,788% Return Predicted For THIS Crypto (already up 40% in 6 months) (From Paradigm Press) (Ad) Free GTES Stock Alerts $17.13 +0.02 (+0.12%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$17.00▼$17.3450-Day Range$12.53▼$17.3452-Week Range$10.68▼$17.56Volume7.67 million shsAverage Volume3.34 million shsMarket Capitalization$4.53 billionP/E Ratio20.15Dividend YieldN/APrice Target$17.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Gates Industrial alerts: Email Address Gates Industrial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside0.2% Upside$17.17 Price TargetShort InterestHealthy2.17% of Float Sold ShortDividend StrengthN/ASustainability-1.94Upright™ Environmental ScoreNews Sentiment0.40Based on 19 Articles This WeekInsider TradingSelling Shares$292.28 M Sold Last QuarterProj. Earnings Growth18.94%From $1.32 to $1.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.88 out of 5 starsConstruction Sector32nd out of 104 stocksGeneral Industrial Machinery & Equipment Industry3rd out of 9 stocks 1.3 Analyst's Opinion Consensus RatingGates Industrial has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.17, Gates Industrial has a forecasted upside of 0.2% from its current price of $17.13.Amount of Analyst CoverageGates Industrial has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.17% of the float of Gates Industrial has been sold short.Short Interest Ratio / Days to CoverGates Industrial has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Gates Industrial has recently decreased by 39.23%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldGates Industrial does not currently pay a dividend.Dividend GrowthGates Industrial does not have a long track record of dividend growth. Previous Next 1.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGates Industrial has received a -31.34% net impact score from Upright. The largest negative impact of Gates Industrial in category "GHG emissions" seems to be driven mostly by its "Belt drives", "Couplings", and "Rubber hoses" products. See details.Environmental SustainabilityThe Environmental Impact score for Gates Industrial is -1.94. Previous Next 3.0 News and Social Media Coverage News SentimentGates Industrial has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Gates Industrial this week, compared to 9 articles on an average week.Search Interest10 people have searched for GTES on MarketBeat in the last 30 days. This is an increase of 900% compared to the previous 30 days.MarketBeat Follows6 people have added Gates Industrial to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gates Industrial insiders have sold 2,222.96% more of their company's stock than they have bought. Specifically, they have bought $12,582,402.00 in company stock and sold $292,284,244.00 in company stock.Percentage Held by InsidersOnly 2.30% of the stock of Gates Industrial is held by insiders.Percentage Held by Institutions98.50% of the stock of Gates Industrial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Gates Industrial are expected to grow by 18.94% in the coming year, from $1.32 to $1.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gates Industrial is 20.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Gates Industrial is 20.15, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 17.68.Price to Book Value per Share RatioGates Industrial has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingAI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… ]click here to watch a free presentation where I reveal all the details of this lucrative opportunit About Gates Industrial Stock (NYSE:GTES)Gates Industrial Corporation PLC designs and manufactures power transmission equipment. Its products serves harsh and hazardous industries such as agriculture, construction, manufacturing and energy, to everyday consumer applications such as printers, power washers, automatic doors and vacuum cleaners and virtually every form of transportation.Read More GTES Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GTES Stock News HeadlinesMarch 6, 2024 | insidertrades.com3 Stocks Insiders are Buying at New Highs (GTES)March 18, 2024 | msn.comGATE Topper 2024 List Out; Check Branch-wise Names, Topper Marks and AIR 1 StrategyMarch 19, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… March 18, 2024 | msn.comMorning Bid: Some China cheer as central banks enter the starting gatesMarch 18, 2024 | reuters.comEUROPE Some China cheer as central banks enter the starting gatesMarch 18, 2024 | americanbankingnews.comGates Industrial (NYSE:GTES) Releases FY 2026 Earnings GuidanceMarch 18, 2024 | msn.comMorning Bid:Some China cheer as central banks enter the starting gatesMarch 16, 2024 | msn.comGATE Topper 2024 List; Check Branch-wise Names, Topper Marks and AIR 1 StrategyMarch 19, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… March 16, 2024 | finance.yahoo.comGTES Apr 2024 17.500 callMarch 16, 2024 | msn.com2 Stocks From the Bill and Melinda Gates Foundation Portfolio to Buy NowMarch 16, 2024 | finance.yahoo.comGTES Apr 2024 15.000 putMarch 13, 2024 | msn.comEvery At The Gates album ranked from worst to bestMarch 13, 2024 | news.yahoo.comDough buys influence in Sacramento. In Panera-Gate, Gov. Newsom redefines the word | OpinionMarch 12, 2024 | markets.businessinsider.comGoldman Sachs Maintains Neutral Rating for Gates Industrial Corp: Here's What You Need To KnowMarch 11, 2024 | finance.yahoo.comReminder: Gates Industrial to Host Capital Markets Day on March 11, 2024March 10, 2024 | americanbankingnews.comGates Industrial (NYSE:GTES) Stock Rating Upgraded by Wolfe ResearchMarch 10, 2024 | americanbankingnews.comGates Industrial (NYSE:GTES) Shares Gap Up to $15.46March 8, 2024 | au.investing.comGates Industrial raised at Wolfe Research on significant multiple expansion potentialMarch 8, 2024 | markets.businessinsider.comGates Industrial: Strong Buy on Growth Recovery and Improved Financial PerformanceMarch 8, 2024 | markets.businessinsider.comDecoding 4 Analyst Evaluations For Gates Industrial CorpMarch 7, 2024 | finance.yahoo.comGates Industrial Stock Hits 80-Plus Relative Strength Rating BenchmarkMarch 6, 2024 | prnewswire.comGates Offers Advanced Solutions for Data Center CoolingMarch 2, 2024 | msn.comCommanders cutting Nick Gates after first year of three-year, $16.5 million contractMarch 2, 2024 | finance.yahoo.comDirector Wilson Neely Acquires 50,000 Shares of Gates Industrial Corp PLC (GTES)March 1, 2024 | health.usnews.comJennifer A. Gates NPMarch 1, 2024 | cbsnews.comI-Team: TxDOT spends $300,000 on average to install lights & a gate at a train crossingSee More Headlines Receive GTES Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gates Industrial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/08/2024Today3/19/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConstruction Industry General industrial machinery & equipment Sub-IndustryN/A Current SymbolNYSE:GTES CUSIPN/A CIK1718512 Webwww.gates.com Phone303-744-1911FaxN/AEmployees14,700Year FoundedN/APrice Target and Rating Average Stock Price Target$17.17 High Stock Price Target$21.00 Low Stock Price Target$14.00 Potential Upside/Downside+0.2%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.85 Trailing P/E Ratio20.15 Forward P/E Ratio12.98 P/E GrowthN/ANet Income$232.90 million Net Margins6.52% Pretax Margin7.99% Return on Equity10.14% Return on Assets4.87% Debt Debt-to-Equity Ratio0.70 Current Ratio3.08 Quick Ratio2.25 Sales & Book Value Annual Sales$3.57 billion Price / Sales1.27 Cash Flow$2.16 per share Price / Cash Flow7.92 Book Value$13.42 per share Price / Book1.28Miscellaneous Outstanding Shares264,270,000Free Float258,193,000Market Cap$4.53 billion OptionableOptionable Beta1.55 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for March 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesDavid L. Calhoun (Age 60)Chairman of the Board Ivo Jurek (Age 53)Chief Executive Officer, Director David H. Naemura (Age 48)Chief Financial Officer Walter T. Lifsey (Age 59)Chief Operating Officer Jamey S. Seely (Age 46)Executive Vice President, General Counsel, Corporate Secretary Roger C. Gaston (Age 61)Executive Vice President of Human Resources Gregory F. Kirchhoff (Age 59)Senior Vice President - Corporate Controller John C. Plant (Age 64)Director Julia C. Kahr (Age 39)Independent Director Terry A. Klebe (Age 62)Independent Director More ExecutivesKey CompetitorsM.D.C.NYSE:MDCKnife RiverNYSE:KNFSkyline ChampionNYSE:SKYDycom IndustriesNYSE:DYArcosaNYSE:ACAView All CompetitorsInsiders & InstitutionsHBK Investments L PSold 100,000 shares on 3/14/2024Ownership: 0.189%Vanguard Group Inc.Bought 1,519,041 shares on 3/11/2024Ownership: 5.801%Goldman Sachs Group Inc.Bought 493,963 shares on 3/1/2024Ownership: 0.449%Auxier Asset ManagementSold 6,400 shares on 2/22/2024Ownership: 0.064%Wilson S NeelyBought 10,000 shares on 2/20/2024Total: $132,400.00 ($13.24/share)View All Insider TransactionsView All Institutional Transactions GTES Stock Analysis - Frequently Asked Questions Should I buy or sell Gates Industrial stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gates Industrial in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GTES shares. View GTES analyst ratings or view top-rated stocks. What is Gates Industrial's stock price target for 2024? 5 brokers have issued 12-month price objectives for Gates Industrial's shares. Their GTES share price targets range from $14.00 to $21.00. On average, they expect the company's stock price to reach $17.17 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price. View analysts price targets for GTES or view top-rated stocks among Wall Street analysts. How have GTES shares performed in 2024? Gates Industrial's stock was trading at $13.42 at the beginning of the year. Since then, GTES stock has increased by 27.6% and is now trading at $17.13. View the best growth stocks for 2024 here. Are investors shorting Gates Industrial? Gates Industrial saw a decrease in short interest in the month of February. As of February 29th, there was short interest totaling 4,120,000 shares, a decrease of 39.2% from the February 14th total of 6,780,000 shares. Based on an average daily volume of 2,580,000 shares, the short-interest ratio is currently 1.6 days. Currently, 2.2% of the company's shares are short sold. View Gates Industrial's Short Interest. When is Gates Industrial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our GTES earnings forecast. How were Gates Industrial's earnings last quarter? Gates Industrial Corp PLC (NYSE:GTES) issued its quarterly earnings data on Thursday, February, 8th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.10. The company had revenue of $863.30 million for the quarter, compared to the consensus estimate of $892.40 million. Gates Industrial had a net margin of 6.52% and a trailing twelve-month return on equity of 10.14%. What ETF holds Gates Industrial's stock? Adaptiv Select ETF holds 132,771 shares of GTES stock, representing 3.28% of its portfolio. What guidance has Gates Industrial issued on next quarter's earnings? Gates Industrial issued an update on its FY 2026 earnings guidance on Friday, March, 15th. The company provided EPS guidance of 1.900-2.300 for the period. The company issued revenue guidance of -. What is Ivo Jurek's approval rating as Gates Industrial's CEO? 108 employees have rated Gates Industrial Chief Executive Officer Ivo Jurek on Glassdoor.com. Ivo Jurek has an approval rating of 54% among the company's employees. This puts Ivo Jurek in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Gates Industrial own? Based on aggregate information from My MarketBeat watchlists, some companies that other Gates Industrial investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), Bristol-Myers Squibb (BMY), B2Gold (BTG), Novavax (NVAX), Intel (INTC), Pure Storage (PSTG) and Boeing (BA). When did Gates Industrial IPO? (GTES) raised $751 million in an IPO on Thursday, January 25th 2018. The company issued 38,500,000 shares at $18.00-$21.00 per share. Citigroup, Morgan Stanley and UBS Investment Bank served as the underwriters for the IPO and Barclays, Credit Suisse, Goldman Sachs, RBC Capital Markets, Blackstone Capital Markets, Deutsche Bank Securities, Wells Fargo Securities Current Capital Securities, KeyBanc Capital Markets, Siebert Cisneros Shank, SunTrust Robinson Humphrey, Academy Securities, BTIG and Guggenheim Securities were co-managers. Who are Gates Industrial's major shareholders? Gates Industrial's stock is owned by many different retail and institutional investors. Top institutional investors include Blackstone Inc. (36.43%), Vanguard Group Inc. (5.80%), Vanguard Group Inc. (5.80%), Allspring Global Investments Holdings LLC (4.66%), Dimensional Fund Advisors LP (3.68%) and Cooke & Bieler LP (3.09%). Insiders that own company stock include Aggregator (Cayman) LP Omaha, Blackstone Inc, Fredrik J Eliasson, Ivo Jurek, Neil P Simpkins and Wilson S Neely. View institutional ownership trends. How do I buy shares of Gates Industrial? Shares of GTES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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