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Gates Industrial Corporation PLC (GTES)

Stock Price: $9.94 USD 0.00 (0.00%)
Updated Jul 8, 2020 4:00 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 2.89B
Revenue (ttm) 2.99B
Net Income (ttm) 112.00M
Shares Out 290.72M
EPS (ttm) 0.39
PE Ratio 25.49
Forward PE 22.73
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Jul 8, 2020
Last Price $9.94
Previous Close $9.94
Change ($) 0.00
Change (%) 0.00%
Day's Open -
Day's Range 9.81 - 10.15
Day's Volume 0
52-Week Range 5.42 - 14.30

More Stats

Market Cap 2.89B
Enterprise Value 5.33B
Earnings Date (est) Jul 29, 2020
Ex-Dividend Date n/a
Shares Outstanding 290.72M
Float 43.78M
EPS (basic) 0.38
EPS (diluted) 0.39
FCF / Share 1.26
Dividend n/a
Dividend Yield n/a
Earnings Yield 3.92%
FCF Yield 12.63%
Payout Ratio n/a
Shares Short 1.56M
Short Ratio 4.74
Short % of Float 3.51%
Beta 2.06
PE Ratio 25.49
Forward PE 22.73
P/FCF Ratio 7.92
PS Ratio 0.97
PB Ratio 1.15
Revenue 2.99B
Operating Income 306.70M
Net Income 112.00M
Free Cash Flow 364.80M
Net Cash -2.44B
Net Cash / Share -8.40
Gross Margin 38.36%
Operating Margin 10.25%
Profit Margin 3.70%
FCF Margin 12.19%
ROA 2.73%
ROE 4.46%
ROIC 5.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (9)

Buy 5
Overweight 0
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$11.33*
(13.98% upside)
Low
8.00
Current: 9.94
High
16.00
Target: 11.33
*Average 12-month price target from 9 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015
Revenue3,0873,3483,0422,7472,745
Revenue Growth-7.78%10.06%10.73%0.07%-
Gross Profit1,1431,3311,2181,0611,036
Operating Income347497403309185
Net Income69024515157.7024.90
Shares Outstanding290290284284-
Earnings Per Share2.370.840.600.230.10
EPS Growth182.14%40%160.87%130%-
Operating Cash Flow349314320377276
Capital Expenditures-72.10-166-101-53.80-75.80
Free Cash Flow277147219323200
Cash & Equivalents635423564527344
Total Debt3,0753,0053,9563,8373,909
Net Cash / Debt-2,439-2,582-3,391-3,310-3,566
Assets7,4116,7236,8546,3836,566
Liabilities4,4014,3895,4255,3155,373
Book Value2,6511,9471,015691786
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Gates Industrial Corporation PLC
Country United States
Employees 14,700
CEO Ivo Jurek

Stock Information

Ticker Symbol GTES
Stock Exchange New York Stock Exchange
Sector Industrials
Industry Specialty Industrial Machinery
Unique Identifier NYSE: GTES
IPO Date January 25, 2018

Description

Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. 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, or other accessories; and metal drive components and kits for stationary and mobile drives, engine systems, personal mobility, and vertical lifts application platforms. It also provides fluid power products comprising hydraulic hoses, tubing, and fittings, as well as assemblies; and engine and industrial hoses for use in stationary hydraulics, mobile hydraulics, engine systems, and other industrial applications. The company serves various end markets comprising the construction, agriculture, energy, automotive, transportation, general industrial, consumer products, and others. It sells its engineered products under the Gates brand. The company offers its products to replacement channel customers, as well as to original equipment manufacturers as specified components. Gates Industrial Corporation plc was founded in 1911 and is headquartered in Denver, Colorado.