NYSE:GTES - Gates Industrial Stock Price, Price Target & More

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$15.44 -0.06 (-0.39 %)
(As of 07/22/2018 02:11 PM ET)
Previous Close$15.44
Today's Range$15.32 - $15.54
52-Week Range$14.60 - $20.00
Volume222,794 shs
Average Volume488,665 shs
Market Capitalization$4.38 billion
P/E Ratio18.83
Dividend YieldN/A
BetaN/A
Gates Industrial logoGates 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry General industrial machinery & equipment
Sub-IndustryN/A
SectorConstruction
SymbolNYSE:GTES
CUSIPN/A
Phone303-744-4876

Debt

Debt-to-Equity Ratio1.34
Current Ratio2.52
Quick Ratio1.80

Price-To-Earnings

Trailing P/E Ratio18.83
Forward P/E Ratio14.70
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.04 billion
Price / Sales1.44
Cash Flow$1.4889 per share
Price / Cash10.37
Book Value$5.03 per share
Price / Book3.07

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees14,200
Outstanding Shares283,970,000
Market Cap$4,384.56

Gates Industrial (NYSE:GTES) Frequently Asked Questions

What is Gates Industrial's stock symbol?

Gates Industrial trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTES."

How were Gates Industrial's earnings last quarter?

Gates Industrial Corp PLC (NYSE:GTES) released its quarterly earnings data on Wednesday, May, 2nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.06. The company had revenue of $852 million for the quarter, compared to analyst estimates of $815.95 million. View Gates Industrial's Earnings History.

When is Gates Industrial's next earnings date?

Gates Industrial is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Gates Industrial.

What price target have analysts set for GTES?

8 analysts have issued 1-year target prices for Gates Industrial's shares. Their forecasts range from $19.00 to $24.00. On average, they expect Gates Industrial's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 42.5% from the stock's current price. View Analyst Ratings for Gates Industrial.

What is the consensus analysts' recommendation for Gates Industrial?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gates Industrial in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Gates Industrial's key competitors?

Some companies that are related to Gates Industrial include Zebra Technologies (ZBRA), Gardner Denver (GDI), IMI PLC/S (IMIAY), Rexnord (RXN), Twin Disc (TWIN) and Graham (GHM).

Who are Gates Industrial's key executives?

Gates Industrial's management team includes the folowing people:
  • David L. Calhoun, Chairman of the Board (Age 60)
  • Ivo Jurek, Chief Executive Officer, Director (Age 53)
  • David H. Naemura, Chief Financial Officer (Age 48)
  • Walter T. Lifsey, Chief Operating Officer (Age 59)
  • Jamey S. Seely, Executive Vice President, General Counsel, Corporate Secretary (Age 46)
  • Roger C. Gaston, Executive Vice President of Human Resources (Age 61)
  • Gregory F. Kirchhoff, Senior Vice President - Corporate Controller (Age 59)
  • John C. Plant, Director (Age 64)
  • Julia C. Kahr, Independent Director (Age 39)
  • Terry A. Klebe, Independent Director (Age 62)

When did Gates Industrial IPO?

(GTES) raised $751 million in an initial public offering (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.

When does the company's lock-up period expire?

Gates Industrial's lock-up period expires on Tuesday, July 24th. Gates Industrial had issued 38,500,000 shares in its initial public offering on January 25th. The total size of the offering was $731,500,000 based on an initial share price of $19.00. After the expiration of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Has Gates Industrial been receiving favorable news coverage?

News headlines about GTES stock have trended somewhat positive on Sunday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Gates Industrial earned a news sentiment score of 0.07 on Accern's scale. They also gave press coverage about the company an impact score of 46.55 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Gates Industrial's major shareholders?

Gates Industrial's stock is owned by many different of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.42%), Confluence Investment Management LLC (0.08%) and Columbia Partners L L C Investment Management (0.03%). Company insiders that own Gates Industrial stock include Ivo Jurek and Jamey S Seely. View Institutional Ownership Trends for Gates Industrial.

Which major investors are selling Gates Industrial stock?

GTES stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC and Columbia Partners L L C Investment Management. View Insider Buying and Selling for Gates Industrial.

Which major investors are buying Gates Industrial stock?

GTES stock was purchased by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC. Company insiders that have bought Gates Industrial stock in the last two years include Ivo Jurek and Jamey S Seely. View Insider Buying and Selling for Gates Industrial.

How do I buy shares of Gates Industrial?

Shares of GTES can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gates Industrial's stock price today?

One share of GTES stock can currently be purchased for approximately $15.44.

How big of a company is Gates Industrial?

Gates Industrial has a market capitalization of $4.38 billion and generates $3.04 billion in revenue each year. The company earns $151.30 million in net income (profit) each year or $0.82 on an earnings per share basis. Gates Industrial employs 14,200 workers across the globe.

How can I contact Gates Industrial?

Gates Industrial's mailing address is 1551 WEWATTA STREET, DENVER CO, 80202. The company can be reached via phone at 303-744-4876 or via email at [email protected]


MarketBeat Community Rating for Gates Industrial (NYSE GTES)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  37 (Vote Outperform)
Underperform Votes:  43 (Vote Underperform)
Total Votes:  80
MarketBeat's community ratings are surveys of what our community members think about Gates Industrial and other stocks. Vote "Outperform" if you believe GTES will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GTES will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

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