NYSE:GTES Gates Industrial (GTES) Stock Price, News & Analysis → Central Banks Preparing for US Dollar Collapse? (From Behind the Markets) (Ad) Free GTES Stock Alerts $17.74 +0.23 (+1.31%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$17.60▼$17.7450-Day Range$12.53▼$17.7452-Week Range$10.68▼$17.81Volume2.62 million shsAverage Volume4.22 million shsMarket Capitalization$4.69 billionP/E Ratio20.87Dividend 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/Downside3.2% Downside$17.17 Price TargetShort InterestHealthy3.82% of Float Sold ShortDividend StrengthN/ASustainability-1.94Upright™ Environmental ScoreNews Sentiment0.35Based on 13 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.3.49 out of 5 starsConstruction Sector40th out of 99 stocksGeneral Industrial Machinery & Equipment Industry4th 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 downside of 3.2% from its current price of $17.74.Amount of Analyst CoverageGates Industrial has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.82% 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 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Gates Industrial has recently increased by 75.97%, indicating that investor sentiment is decreasing 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 0.35. 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 0.66 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Gates Industrial this week, compared to 8 articles on an average week.Search Interest8 people have searched for GTES on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows7 people have added Gates Industrial to their MarketBeat watchlist in the last 30 days. This is an increase of 600% 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 20.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Gates Industrial is 20.87, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 19.29.Price to Book Value per Share RatioGates Industrial has a P/B Ratio of 1.32. 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 DTICBOE shift unlocks new weekend income strategyYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. You're probably wondering, “Okay… But how does that affect me?” This perk now allows everyday traders like yourself to target extra income over the weekend. Check out this training for the full story! 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 27, 2024 | theglobeandmail.com3 Bill Gates Stocks That Pay DividendsMarch 28, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.March 27, 2024 | msn.comGATE 2024: 7 Unacademy students achieve AIR 1; 10,000 qualifyMarch 27, 2024 | finance.yahoo.comIs Gates Industrial Corporation plc (NYSE:GTES) Trading At A 48% Discount?March 27, 2024 | financialpost.comGates-Backed Startup Hits Milestone, Races Ahead on Green SteelMarch 25, 2024 | americanbankingnews.comGates Industrial Corp PLC (NYSE:GTES) Receives Average Recommendation of "Moderate Buy" from AnalystsMarch 24, 2024 | msn.comIIT, IISc admission through GATE 2024: Check category-wise cut-offs for all subjectsMarch 28, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.March 23, 2024 | seekingalpha.comGates Industrial: Further Upside Is Still JustifiedMarch 23, 2024 | latimes.comSecluded Behind Private GatesMarch 22, 2024 | tmcnet.comGate Group Expands Its European Presence with Italy VASP RegistrationMarch 22, 2024 | seekingalpha.comGates Industrial: Improving Profitability Outlook Finally Driving The Stock ForwardMarch 21, 2024 | finance.yahoo.comIndia Access Control Gates Market to Reach USD 259.61 Million by 2032 | Turnstiles are the Most Preferred Product Among Indians Says Astute AnalyticaMarch 18, 2024 | msn.comGATE Topper 2024 List Out; Check Branch-wise Names, Topper Marks and AIR 1 StrategyMarch 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 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, 2024See 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 Earnings2/08/2024Today3/28/2024Next 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-3.2%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.85 Trailing P/E Ratio20.87 Forward P/E Ratio13.44 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 / Sales1.31 Cash Flow$2.19 per share Price / Cash Flow8.10 Book Value$13.42 per share Price / Book1.32Miscellaneous Outstanding Shares264,270,000Free Float258,193,000Market Cap$4.69 billion OptionableOptionable Beta1.55 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for April 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:MDCSkyline ChampionNYSE:SKYKnife RiverNYSE:KNFRayonierNYSE:RYNDycom IndustriesNYSE:DYView All CompetitorsInsiders & InstitutionsHighPoint Advisor Group LLCBought 12,225 shares on 3/26/2024Ownership: 0.005%Quadrature Capital LtdSold 8,521 shares on 3/25/2024Ownership: 0.022%PNC Financial Services Group Inc.Sold 576 shares on 3/22/2024Ownership: 0.004%HBK 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%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 equities 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 equities 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 targets for Gates Industrial's shares. Their GTES share price targets range from $14.00 to $21.00. On average, they predict the company's stock price to reach $17.17 in the next year. This suggests that the stock has a possible downside of 3.2%. 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 start of the year. Since then, GTES stock has increased by 32.2% and is now trading at $17.74. View the best growth stocks for 2024 here. Are investors shorting Gates Industrial? Gates Industrial saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 7,250,000 shares, an increase of 76.0% from the February 29th total of 4,120,000 shares. Based on an average daily trading volume, of 2,930,000 shares, the short-interest ratio is currently 2.5 days. Currently, 3.8% of the shares of the company are sold short. 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) posted 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 business had revenue of $863.30 million for the quarter, compared to analysts' expectations of $892.40 million. Gates Industrial had a trailing twelve-month return on equity of 10.14% and a net margin of 6.52%. 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 updated its FY 2026 earnings guidance on Friday, March, 15th. The company provided earnings per share 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? Gates Industrial (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 acted 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 a number of institutional and retail investors. Top institutional shareholders 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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