Gates Industrial Corporation plc (GTES)

Market Cap	4.68B
Revenue (ttm)	3.57B
Net Income (ttm)	232.90M
Shares Out	264.27M
EPS (ttm)	0.84
PE Ratio	20.88
Forward PE	12.13
Dividend	n/a
Ex-Dividend Date	n/a

Volume	468,321
Open	17.50
Previous Close	17.45
Day's Range	17.37 - 17.71
52-Week Range	10.68 - 17.86
Beta	1.57
Analysts	Buy
Price Target	18.09 (+2.18%)
Earnings Date	May 1, 2024

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: 14,700
• Stock Exchange: NYSE
• Ticker Symbol: GTES

Financial Performance

In 2023, GTES's revenue was $3.57 billion, an increase of 0.45% compared to the previous year's $3.55 billion. Earnings were $232.90 million, an increase of 5.48%.

Analyst Forecast

According to 11 analysts, the average rating for GTES stock is "Buy." The 12-month stock price forecast is $18.09, which is an increase of 2.18% from the latest price.

Price Target

$18.09

(2.18% upside)

Analyst Consensus: Buy