NYSE:GTESMachinery
Gates Industrial (GTES) Valuation Check After Investor Reaction To Proposed US$1.5 Trillion US Defense Budget
Gates Industrial (GTES) moved higher after investors reacted to President Trump’s proposed US$1.5 trillion defense budget for 2027 and steadier energy costs, which together lifted interest in industrial and engineered components names.
See our latest analysis for Gates Industrial.
That move sits within a mixed year for the stock, with a 1-day share price return of 1.33% and 7-day gain of 3.31% set against a 90-day share price return of 6.79% decline. The 1-year total shareholder return of...