GTES Stock Overview
Manufactures and sells engineered power transmission and fluid power solutions worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Calculated Shifts And Market Adaptations Set To Bolster Growth Despite Challenges
Gates Industrial Corporation plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$18.67 |
| 52 Week High | US$19.07 |
| 52 Week Low | US$10.68 |
| Beta | 1.4 |
| 11 Month Change | 7.05% |
| 3 Month Change | 7.98% |
| 1 Year Change | 68.05% |
| 33 Year Change | 11.20% |
| 5 Year Change | 84.85% |
| Change since IPO | 0.92% |
Recent News & Updates
Take Care Before Diving Into The Deep End On Gates Industrial Corporation plc (NYSE:GTES)
Oct 14
When Should You Buy Gates Industrial Corporation plc (NYSE:GTES)?
Sep 18Gates Industrial: Growing Margins Paving Way To A Higher Stock Price
Sep 10Recent updates
Take Care Before Diving Into The Deep End On Gates Industrial Corporation plc (NYSE:GTES)
Oct 14When Should You Buy Gates Industrial Corporation plc (NYSE:GTES)?
Sep 18Gates Industrial: Growing Margins Paving Way To A Higher Stock Price
Sep 10Gates Industrial Corporation plc's (NYSE:GTES) Subdued P/E Might Signal An Opportunity
Jul 02Increases to CEO Compensation Might Be Put On Hold For Now at Gates Industrial Corporation plc (NYSE:GTES)
Jun 14Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?
Jun 10Gates Industrial: Maintaining Robust Margin With Plans For Market Extension
Jun 09Does Gates Industrial (NYSE:GTES) Deserve A Spot On Your Watchlist?
May 01Gates Industrial Corporation plc's (NYSE:GTES) Intrinsic Value Is Potentially 95% Above Its Share Price
Apr 16Market Participants Recognise Gates Industrial Corporation plc's (NYSE:GTES) Earnings
Mar 28Gates Industrial: Improving Profitability Outlook Finally Driving The Stock Forward
Mar 22Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?
Feb 08Do Gates Industrial's (NYSE:GTES) Earnings Warrant Your Attention?
Jan 04The Market Doesn't Like What It Sees From Gates Industrial Corporation plc's (NYSE:GTES) Earnings Yet
Dec 18Gates Industrial (NYSE:GTES) Has A Somewhat Strained Balance Sheet
Dec 02Should You Think About Buying Gates Industrial Corporation plc (NYSE:GTES) Now?
Nov 03Gates Industrial: Encouraging Q3 Report Needed To Finally Create A Floor For The Stock
Nov 02Is Gates Industrial Corporation plc (NYSE:GTES) Trading At A 41% Discount?
Oct 03Here's Why Gates Industrial (NYSE:GTES) Has Caught The Eye Of Investors
Aug 24Gates Industrial Corporation: Breaking Records And Driving Growth
Aug 14Is There Now An Opportunity In Gates Industrial Corporation plc (NYSE:GTES)?
Aug 02Is Gates Industrial Corporation plc (NYSE:GTES) Trading At A 28% Discount?
Jun 16Shareholder Returns
| GTES | US Machinery | US Market | |
|---|---|---|---|
| 7D | 5.5% | 1.7% | 1.1% |
| 1Y | 68.0% | 32.3% | 36.0% |
Return vs Industry: GTES exceeded the US Machinery industry which returned 32.3% over the past year.
Return vs Market: GTES exceeded the US Market which returned 36% over the past year.
Price Volatility
| GTES volatility | |
|---|---|
| GTES Average Weekly Movement | 4.4% |
| Machinery Industry Average Movement | 5.2% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 14.7% |
| 10% least volatile stocks in US Market | 3.1% |
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 (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1911 | 14,700 | Ivo Jurek | www.gates.com |
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. It operates in two segments, Power Transmission and Fluid Power. The company offers synchronous or asynchronous belts, including V-belts, CVT belts, and Micro-V belts, as well as related components, such as sprockets, pulleys, water pumps, tensioners, and other accessories; solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; metal drive components; and kits for automotive replacement channels.
Gates Industrial Corporation plc Fundamentals Summary
| GTES fundamental statistics | |
|---|---|
| Market cap | US$4.66b |
| Earnings (TTM) | US$221.80m |
| Revenue (TTM) | US$3.47b |
21.4x
P/E Ratio1.4x
P/S RatioIs GTES overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GTES income statement (TTM) | |
|---|---|
| Revenue | US$3.47b |
| Cost of Revenue | US$2.10b |
| Gross Profit | US$1.38b |
| Other Expenses | US$1.15b |
| Earnings | US$221.80m |
Last Reported Earnings
Jun 29, 2024
Next Earnings Date
Oct 30, 2024
| Earnings per share (EPS) | 0.87 |
| Gross Margin | 39.62% |
| Net Profit Margin | 6.39% |
| Debt/Equity Ratio | 67.1% |
How did GTES perform over the long term?
See historical performance and comparison