S&P 500   3,903.24 (+2.42%)
DOW   31,606.00 (+2.18%)
QQQ   322.11 (+2.54%)
AAPL   126.39 (+4.23%)
MSFT   236.73 (+1.87%)
FB   262.21 (+1.78%)
GOOGL   2,058.68 (+1.82%)
TSLA   706.13 (+4.53%)
AMZN   3,127.05 (+1.10%)
NVDA   546.62 (-0.36%)
BABA   240.52 (+1.16%)
CGC   34.84 (+6.38%)
GE   13.20 (+5.26%)
MU   93.89 (+2.58%)
NIO   49.42 (+7.95%)
AMD   85.79 (+1.51%)
T   28.25 (+1.29%)
F   11.96 (+2.22%)
ACB   11.20 (+6.46%)
DIS   194.79 (+3.04%)
BA   223.48 (+5.41%)
NFLX   547.85 (+1.67%)
BAC   35.86 (+3.31%)
S&P 500   3,903.24 (+2.42%)
DOW   31,606.00 (+2.18%)
QQQ   322.11 (+2.54%)
AAPL   126.39 (+4.23%)
MSFT   236.73 (+1.87%)
FB   262.21 (+1.78%)
GOOGL   2,058.68 (+1.82%)
TSLA   706.13 (+4.53%)
AMZN   3,127.05 (+1.10%)
NVDA   546.62 (-0.36%)
BABA   240.52 (+1.16%)
CGC   34.84 (+6.38%)
GE   13.20 (+5.26%)
MU   93.89 (+2.58%)
NIO   49.42 (+7.95%)
AMD   85.79 (+1.51%)
T   28.25 (+1.29%)
F   11.96 (+2.22%)
ACB   11.20 (+6.46%)
DIS   194.79 (+3.04%)
BA   223.48 (+5.41%)
NFLX   547.85 (+1.67%)
BAC   35.86 (+3.31%)
S&P 500   3,903.24 (+2.42%)
DOW   31,606.00 (+2.18%)
QQQ   322.11 (+2.54%)
AAPL   126.39 (+4.23%)
MSFT   236.73 (+1.87%)
FB   262.21 (+1.78%)
GOOGL   2,058.68 (+1.82%)
TSLA   706.13 (+4.53%)
AMZN   3,127.05 (+1.10%)
NVDA   546.62 (-0.36%)
BABA   240.52 (+1.16%)
CGC   34.84 (+6.38%)
GE   13.20 (+5.26%)
MU   93.89 (+2.58%)
NIO   49.42 (+7.95%)
AMD   85.79 (+1.51%)
T   28.25 (+1.29%)
F   11.96 (+2.22%)
ACB   11.20 (+6.46%)
DIS   194.79 (+3.04%)
BA   223.48 (+5.41%)
NFLX   547.85 (+1.67%)
BAC   35.86 (+3.31%)
S&P 500   3,903.24 (+2.42%)
DOW   31,606.00 (+2.18%)
QQQ   322.11 (+2.54%)
AAPL   126.39 (+4.23%)
MSFT   236.73 (+1.87%)
FB   262.21 (+1.78%)
GOOGL   2,058.68 (+1.82%)
TSLA   706.13 (+4.53%)
AMZN   3,127.05 (+1.10%)
NVDA   546.62 (-0.36%)
BABA   240.52 (+1.16%)
CGC   34.84 (+6.38%)
GE   13.20 (+5.26%)
MU   93.89 (+2.58%)
NIO   49.42 (+7.95%)
AMD   85.79 (+1.51%)
T   28.25 (+1.29%)
F   11.96 (+2.22%)
ACB   11.20 (+6.46%)
DIS   194.79 (+3.04%)
BA   223.48 (+5.41%)
NFLX   547.85 (+1.67%)
BAC   35.86 (+3.31%)
Log in
NYSE:GTES

Gates Industrial Stock Forecast, Price & News

$15.55
+0.55 (+3.67 %)
(As of 03/1/2021 01:57 PM ET)
Add
Compare
Today's Range
$15.25
Now: $15.55
$15.80
50-Day Range
$13.78
MA: $15.23
$17.87
52-Week Range
$5.42
Now: $15.55
$18.22
Volume96,278 shs
Average Volume595,618 shs
Market Capitalization$4.51 billion
P/E Ratio62.20
Dividend YieldN/A
Beta1.87
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.
Gates Industrial logo

Industry, Sector and Symbol

Industry General industrial machinery & equipment
Sub-IndustryN/A
CUSIPN/A
Phone303-744-1911
Employees14,700
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.09 billion
Cash Flow$1.89 per share
Book Value$10.38 per share

Profitability

Net Income$690.10 million

Miscellaneous

Market Cap$4.51 billion
Next Earnings Date5/4/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.82 out of 5 stars

Construction Sector

33rd out of 205 stocks

General Industrial Machinery & Equipment Industry

4th out of 11 stocks

Analyst Opinion: 3.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$15.55
+0.55 (+3.67 %)
(As of 03/1/2021 01:57 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive GTES News and Ratings via Email

Sign-up to receive the latest news and ratings for GTES and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Gates Industrial (NYSE:GTES) Frequently Asked Questions

Is Gates Industrial a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gates Industrial in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Gates Industrial stock.
View analyst ratings for Gates Industrial
or view top-rated stocks.

What stocks does MarketBeat like better than Gates Industrial?

Wall Street analysts have given Gates Industrial a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Gates Industrial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Gates Industrial?

Gates Industrial saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 322,500 shares, an increase of 38.0% from the January 14th total of 233,700 shares. Based on an average daily volume of 224,900 shares, the short-interest ratio is currently 1.4 days. Approximately 0.7% of the company's stock are short sold.
View Gates Industrial's Short Interest
.

When is Gates Industrial's next earnings date?

Gates Industrial is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Gates Industrial
.

How were Gates Industrial's earnings last quarter?

Gates Industrial Corp PLC (NYSE:GTES) released its earnings results on Sunday, February, 7th. The company reported $0.20 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.01. The business earned $794.30 million during the quarter, compared to analysts' expectations of $722.59 million. Gates Industrial had a trailing twelve-month return on equity of 6.84% and a net margin of 2.73%. The company's quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.19 earnings per share.
View Gates Industrial's earnings history
.

How has Gates Industrial's stock price been impacted by Coronavirus (COVID-19)?

Gates Industrial's stock was trading at $8.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GTES stock has increased by 77.6% and is now trading at $15.59.
View which stocks have been most impacted by COVID-19
.

What guidance has Gates Industrial issued on next quarter's earnings?

Gates Industrial updated its FY 2021 Pre-Market earnings guidance on Monday, February, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $3.082-3.223 billion, compared to the consensus revenue estimate of $3.02 billion.

What price target have analysts set for GTES?

7 Wall Street analysts have issued 1-year target prices for Gates Industrial's shares. Their forecasts range from $15.00 to $22.00. On average, they anticipate Gates Industrial's share price to reach $18.64 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price.
View analysts' price targets for Gates Industrial
or view top-rated stocks among Wall Street analysts.

Who are Gates Industrial's key executives?

Gates Industrial's management team includes the following 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)

What is Ivo Jurek's approval rating as Gates Industrial's CEO?

108 employees have rated Gates Industrial CEO Ivo Jurek on Glassdoor.com. Ivo Jurek has an approval rating of 54% among Gates Industrial's employees. This puts Ivo Jurek in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Gates Industrial's key competitors?

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 The Boeing (BA).

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 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.

What is Gates Industrial's stock symbol?

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

Who are Gates Industrial's major shareholders?

Gates Industrial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Janus Henderson Group PLC (2.57%), Cooke & Bieler LP (1.41%), JPMorgan Chase & Co. (1.40%), BlackRock Inc. (0.72%), Dimensional Fund Advisors LP (0.49%) and Handelsbanken Fonder AB (0.36%). Company insiders that own Gates Industrial stock include Aggregator (Cayman) LP Omaha, Blackstone Group Inc, Grant Gawronski, Ivo Jurek, Jamey S Seely and Walter Lifsey.
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 Nuveen Asset Management LLC, Cooke & Bieler LP, JPMorgan Chase & Co., Wells Fargo & Company MN, Janus Henderson Group PLC, Strs Ohio, Aperio Group LLC, and Northern Trust Corp.
View insider buying and selling activity for Gates Industrial
or view top insider-selling stocks.

Which major investors are buying Gates Industrial stock?

GTES stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Handelsinvest Investeringsforvaltning, BlackRock Inc., Walleye Capital LLC, Renaissance Technologies LLC, Kennedy Capital Management Inc., Russell Investments Group Ltd., and Hsbc Holdings PLC. Company insiders that have bought Gates Industrial stock in the last two years include Aggregator (Cayman) LP Omaha, Blackstone Group Inc, Grant Gawronski, Ivo Jurek, Jamey S Seely, and Walter Lifsey.
View insider buying and selling activity for Gates Industrial
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Gates Industrial's stock price today?

One share of GTES stock can currently be purchased for approximately $15.59.

How much money does Gates Industrial make?

Gates Industrial has a market capitalization of $4.52 billion and generates $3.09 billion in revenue each year. The company earns $690.10 million in net income (profit) each year or $0.91 on an earnings per share basis.

How many employees does Gates Industrial have?

Gates Industrial employs 14,700 workers across the globe.

What is Gates Industrial's official website?

The official website for Gates Industrial is www.gates.com.

Where are Gates Industrial's headquarters?

Gates Industrial is headquartered at 1144 FIFTEENTH STREET, DENVER CO, 80202.

How can I contact Gates Industrial?

Gates Industrial's mailing address is 1144 FIFTEENTH STREET, DENVER CO, 80202. The company can be reached via phone at 303-744-1911 or via email at [email protected]


This page was last updated on 3/1/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.