NYSE:GTES - Gates Industrial Stock Price, News, & Analysis

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$15.25 +0.09 (+0.59 %)
(As of 11/18/2018 04:00 PM ET)
Previous Close$15.25
Today's Range$14.92 - $15.31
52-Week Range$14.05 - $20.29
Volume209,254 shs
Average Volume521,292 shs
Market Capitalization$4.33 billion
P/E Ratio18.60
Dividend YieldN/A
BetaN/A
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry General industrial machinery & equipment
Sub-IndustryN/A
SectorConstruction
Current SymbolNYSE:GTES
Previous Symbol
CUSIPN/A
Phone303-744-1911

Debt

Debt-to-Equity Ratio1.31
Current Ratio2.62
Quick Ratio1.82

Price-To-Earnings

Trailing P/E Ratio18.60
Forward P/E Ratio12.82
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.04 billion
Price / Sales1.42
Cash Flow$1.4893 per share
Price / Cash10.24
Book Value$8.19 per share
Price / Book1.86

Profitability

EPS (Most Recent Fiscal Year)$0.82
Net Income$151.30 million
Net Margins8.64%
Return on Equity19.19%
Return on Assets5.89%

Miscellaneous

Employees14,200
Outstanding Shares283,970,000
Market Cap$4.33 billion
OptionableOptionable

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) announced its quarterly earnings results on Thursday, November, 1st. The company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.03. The firm earned $828.40 million during the quarter, compared to analysts' expectations of $835.30 million. Gates Industrial had a net margin of 8.64% and a return on equity of 19.19%. 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 Tuesday, March 12th 2019. View Earnings Estimates for Gates Industrial.

What price target have analysts set for GTES?

8 brokers have issued 1 year price objectives for Gates Industrial's shares. Their predictions range from $19.00 to $22.00. On average, they expect Gates Industrial's share price to reach $20.8750 in the next twelve months. This suggests a possible upside of 36.9% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Gates Industrial.

Has Gates Industrial been receiving favorable news coverage?

News coverage about GTES stock has trended neutral on Sunday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gates Industrial earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

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), Graham (GHM) and Twin Disc (TWIN).

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 a price of $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 a variety of of institutional and retail investors. Top institutional shareholders include Blackstone Group L.P. (93.98%), Alliancebernstein L.P. (1.46%), JPMorgan Chase & Co. (1.34%), Massachusetts Financial Services Co. MA (1.30%), Neuberger Berman Group LLC (1.05%) and Janus Henderson Group PLC (0.80%). Company insiders that own Gates Industrial stock include Ivo Jurek and Jamey S Seely. View Institutional Ownership Trends for Gates Industrial.

Which institutional investors are selling Gates Industrial stock?

GTES stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Crestline Management LP, Scopus Asset Management L.P., Massachusetts Financial Services Co. MA and Bank of Montreal Can. View Insider Buying and Selling for Gates Industrial.

Which institutional investors are buying Gates Industrial stock?

GTES stock was bought by a variety of institutional investors in the last quarter, including Blackstone Group L.P., Alliancebernstein L.P., JPMorgan Chase & Co., First Manhattan Co., Janus Henderson Group PLC, First Trust Advisors LP, Confluence Investment Management LLC and Allianz Asset Management GmbH. 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 $15.25.

How big of a company is Gates Industrial?

Gates Industrial has a market capitalization of $4.33 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.

What is Gates Industrial's official website?

The official website for Gates Industrial is http://www.gates.com.

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 303-744-1911 or via email at [email protected]


MarketBeat Community Rating for Gates Industrial (NYSE GTES)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  72 (Vote Outperform)
Underperform Votes:  77 (Vote Underperform)
Total Votes:  149
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 11/18/2018 by MarketBeat.com Staff

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