Gates Industrial (GTES) Stock Overview
Manufactures and sells engineered power transmission and fluid power solutions in the United States, rest of North America, South America, the United Kingdom, Luxembourg, rest of Europe, the Middle East, Africa, India, East Asia, and Greater China. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for GTES from our risk checks.
GTES Community Fair Values
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Analyst Price Targets
CE
Ceazar
Community ContributorUS$3.87FV • 2.6% undervalued intrinsic discount
30972.3%Revenue growth p.a.
180
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0
4
Gates Industrial Corporation plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.06 |
| 52 Week High | US$28.47 |
| 52 Week Low | US$19.26 |
| Beta | 1.29 |
| 1 Month Change | 4.29% |
| 3 Month Change | 4.52% |
| 1 Year Change | 21.70% |
| 3 Year Change | 70.76% |
| 5 Year Change | 36.94% |
| Change since IPO | 30.05% |
Recent News & Updates
GTES: Future Returns Will Reflect Buybacks As AI Hardware Risk Intensifies
Gates Industrial's updated analyst price target reflects a slight adjustment to $31.58 from $31.67, as analysts fine-tune their models after a mix of recent target changes and discussions about AI related hardware across the sector. Analyst Commentary Recent Street research on Gates Industrial highlights a mix of optimism around execution and valuation, alongside fresh questions about AI related risks for high margin hardware suppliers.GTES: Future Returns Will Reflect Ongoing Buybacks Against AI Hardware Disruption Risk
Gates Industrial's updated analyst price target has moved slightly lower to about $31.67, with analysts citing refreshed earnings models, sector-wide target adjustments, and evolving views on AI risks to high-margin industrial hardware as key drivers of the change. Analyst Commentary Recent Street research on Gates Industrial reflects a mix of optimism around execution and earnings modeling, alongside caution about how AI could affect high-margin industrial hardware over time.Recent updates
GTES: Future Returns Will Reflect Buybacks As AI Hardware Risk Intensifies
Gates Industrial's updated analyst price target reflects a slight adjustment to $31.58 from $31.67, as analysts fine-tune their models after a mix of recent target changes and discussions about AI related hardware across the sector. Analyst Commentary Recent Street research on Gates Industrial highlights a mix of optimism around execution and valuation, alongside fresh questions about AI related risks for high margin hardware suppliers.GTES: Future Returns Will Reflect Ongoing Buybacks Against AI Hardware Disruption Risk
Gates Industrial's updated analyst price target has moved slightly lower to about $31.67, with analysts citing refreshed earnings models, sector-wide target adjustments, and evolving views on AI risks to high-margin industrial hardware as key drivers of the change. Analyst Commentary Recent Street research on Gates Industrial reflects a mix of optimism around execution and earnings modeling, alongside caution about how AI could affect high-margin industrial hardware over time.GTES: Future Returns Will Reflect AI Hardware Risk Against Ongoing Buyback Activity
Analysts have nudged the average price target on Gates Industrial slightly higher to $32, reflecting refreshed models after recent earnings and broad target increases across several firms, even as they continue to flag AI related risks for higher margin manufacturing hardware suppliers. Analyst Commentary Bullish and cautious views are both emerging as analysts refresh their models on Gates Industrial, with price targets shifting around updated earnings forecasts and sector level AI debates.GTES: Future Returns Will Weigh AI Hardware Risk Against Ongoing Buyback Support
Analysts have nudged their price targets for Gates Industrial higher by about $0.20, reflecting updated fair value work that factors in a slightly higher discount rate, a small adjustment to long term revenue growth, a lower profit margin outlook and a higher assumed future P/E multiple, while also weighing both recent target hikes from several firms and fresh industry concerns about AI pressure on high margin hardware suppliers. Analyst Commentary Recent research on Gates Industrial reflects a mix of optimism on execution and valuation, alongside fresh questions about how AI could affect high margin hardware suppliers.GTES: Future Returns Will Balance Buybacks With Revised Cash Flow Assumptions
The updated analyst price target for Gates Industrial has increased by about $4.50, as analysts factor in Street research that points to adjusted fair value estimates, a slightly lower discount rate, and revised assumptions for revenue growth, profit margins, and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts are lifting their price targets, which suggests they see the recent revision to revenue growth and margin assumptions as supportive of a higher fair value range.
Liquid Cooling And Personal Mobility Will Ultimately Undermine This Overvalued Industrial Supplier
Catalysts About Gates Industrial Gates Industrial supplies power transmission and fluid power solutions for industrial, transportation and personal mobility applications worldwide. What are the underlying business or industry changes driving this perspective?Gates Industrial (NYSE:GTES) Might Have The Makings Of A Multi-Bagger
Feb 10
GTES: Future Returns Will Balance Buybacks With Data Center Cooling Demand
Analysts have trimmed their price expectations for Gates Industrial, with a recent Street target moving to US$27 from US$28 as part of a broader reset of industrial coverage. Another firm initiated at US$23, framing a more mixed but still engaged view on the stock.GTES: Future Returns Will Be Driven By Buybacks And Data Center Cooling
Analysts have reduced their average price target on Gates Industrial by about $0.67 to reflect slightly softer revenue growth assumptions, a modestly lower future P/E multiple, and a small adjustment to the discount rate, while profit margin expectations remain broadly steady. Analyst Commentary Recent research views on Gates Industrial cluster around modestly lower price targets, with ratings that sit in the middle of the range rather than at clear extremes.GTES: Future Returns Will Be Supported By Buybacks And Data Center Cooling
Analysts have trimmed their price targets on Gates Industrial, with our updated fair value edging from US$28.01 to US$27.84 as they factor in a slower growth backdrop and a preference for other machinery names, while still seeing broadly similar profitability and P/E assumptions for the stock. Analyst Commentary Recent research coverage frames Gates Industrial as a middle of the road idea within the broader machinery and industrials group, with price targets clustered in the low to mid US$20s and an Equal Weight stance rather than an outright conviction call.Gates Industrial Corporation plc's (NYSE:GTES) Intrinsic Value Is Potentially 30% Above Its Share Price
Jan 05What Is Gates Industrial Corporation plc's (NYSE:GTES) Share Price Doing?
Dec 18GTES: Future Returns Will Benefit From Share Repurchases And Data Center Cooling
Analysts have trimmed their price expectations for Gates Industrial, with the average target edging lower from $28.00 to $26.00 as they factor in a slower growth backdrop and relatively more attractive opportunities elsewhere in the industrials space. Analyst Commentary Recent Street research underscores a more balanced stance on Gates Industrial, with valuation now seen as fair relative to a slower growth outlook and more compelling alternatives in adjacent industrial subsectors.Gates Industrial: Structural Growth Underway, Yet The Stock Still Feels Cyclical
Nov 29GTES: Future Profitability Will Benefit From Share Buybacks and Data Center Trends
Analysts have adjusted their price target for Gates Industrial downward from $28.82 to $28.01. They cite industry-wide slow growth trends and a shifting preference toward machinery stocks as key factors in their updated outlook.GTES: Future Profitability Will Benefit From Secular Trends In Data Center Demand
The analyst price target for Gates Industrial has been modestly reduced to $28.82 from $29.18. Analysts cite slower projected revenue growth and a higher discount rate, despite signs of improving profitability.GTES: Secular Mobility And Data Trends Will Drive 39% Upside Potential
Gates Industrial's analyst price target has been revised down slightly from $30.27 to $29.18. This change reflects analyst expectations for lower profit margins, although there is still ongoing optimism about the company's potential for multiple expansion and transformation into a growth platform.Future Data Center Cooling And Mobility Will Unlock Global Markets
Analysts have modestly raised Gates Industrial’s price target to $30.27, citing the company’s successful transformation toward higher-growth markets, effective management execution, and margin expansion potential amidst sector tailwinds. Analyst Commentary Bullish analysts believe Gates Industrial is successfully transforming from a traditional industrial supplier to a growth compounder by leveraging structural trends in mobility and data center infrastructure.The Return Trends At Gates Industrial (NYSE:GTES) Look Promising
Aug 21Future Data Center Cooling And Mobility Will Unlock Global Markets
With both consensus revenue growth and future P/E forecasts holding steady, analysts maintained the Gates Industrial fair value unchanged at $29.20. What's in the News Gates Industrial provided Q3 earnings guidance with estimated total revenues of $845 million to $885 million and core revenues up approximately 3% at the midpoint.Here's Why Gates Industrial (NYSE:GTES) Can Manage Its Debt Responsibly
Aug 06At US$24.97, Is Gates Industrial Corporation plc (NYSE:GTES) Worth Looking At Closely?
Jul 24Gates Industrial Corporation plc's (NYSE:GTES) Intrinsic Value Is Potentially 59% Above Its Share Price
Jun 26There's Been No Shortage Of Growth Recently For Gates Industrial's (NYSE:GTES) Returns On Capital
May 14Gates Industrial: Bullish Sentiment Continuing Due To Strong Momentum And Elevated EPS Growth
Dec 17Gates Industrial: Growing Margins Paving Way To A Higher Stock Price
Sep 10
Calculated Shifts And Market Adaptations Set To Bolster Growth Despite Challenges
Adoption of normalized adjusted effective tax rate and expansion in adjusted EBITDA margin point to improved profitability and earnings stability.Shareholder Returns
| GTES | US Machinery | US Market | |
|---|---|---|---|
| 7D | -5.8% | -0.2% | 0.8% |
| 1Y | 21.7% | 51.9% | 27.7% |
Return vs Industry: GTES underperformed the US Machinery industry which returned 55.9% over the past year.
Return vs Market: GTES underperformed the US Market which returned 28.7% over the past year.
Price Volatility
| GTES volatility | |
|---|---|
| GTES Average Weekly Movement | 6.9% |
| Machinery Industry Average Movement | 6.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: GTES has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: GTES's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1911 | 13,000 | Ivo Jurek | www.gates.com |
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions in the United States, rest of North America, South America, the United Kingdom, Luxembourg, rest of Europe, the Middle East, Africa, India, East Asia, and Greater China. It operates through two segments, Power Transmission and Fluid Power. The company offers solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; elastomer drive belts; asynchronous and synchronous belts, including V-belts, continuously-variable transmission belts, and Micro-V belts; metal drive components, such as tensioners, idlers, pulleys, sprockets, mechanical water pumps, and other accessories used in belt drive systems; and kits for the automotive replacement channel.
Gates Industrial Corporation plc Fundamentals Summary
| GTES fundamental statistics | |
|---|---|
| Market cap | US$6.52b |
| Earnings (TTM) | US$252.20m |
| Revenue (TTM) | US$3.44b |
24.3x
P/E Ratio1.8x
P/S RatioIs GTES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GTES income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$0 |
| Earnings | US$0 |
Last Reported Earnings
Mar 28, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.99 |
| Gross Margin | 40.49% |
| Net Profit Margin | 7.32% |
| Debt/Equity Ratio | 60.7% |
How did GTES perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/01 05:20 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2026/03/28 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Gates Industrial Corporation plc is covered by 21 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Halloran | Baird |
| Julian Mitchell | Barclays |
| Mark Troman | BofA Global Research |