Gates Industrial Corporation plc (GTES)

Market Cap	4.40B
Revenue (ttm)	3.41B
Net Income (ttm)	194.90M
Shares Out	255.41M
EPS (ttm)	0.74
PE Ratio	23.30
Forward PE	12.19
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,336,090
Open	17.56
Previous Close	17.38
Day's Range	17.23 - 17.75
52-Week Range	14.70 - 23.85
Beta	1.24
Analysts	Buy
Price Target	22.67 (+31.5%)
Earnings Date	Apr 30, 2025

About GTES

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...

• Industry: Specialty Industrial Machinery
• Sector: Industrials
• IPO Date: Jan 25, 2018
• Employees: 14,100
• Stock Exchange: NYSE
• Ticker Symbol: GTES
• Website: https://www.gates.com

Financial Performance

In 2024, GTES's revenue was $3.41 billion, a decrease of -4.54% compared to the previous year's $3.57 billion. Earnings were $194.90 million, a decrease of -16.32%.

Analyst Forecast

According to 9 analysts, the average rating for GTES stock is "Buy." The 12-month stock price forecast is $22.67, which is an increase of 31.50% from the latest price.

Price Target

$22.67

(31.50% upside)

Analyst Consensus: Buy