Gates Industrial Corporation plc (GTES)
NYSE: GTES · Real-Time Price · USD
20.38
+0.15 (0.74%)
Dec 20, 2024, 4:00 PM EST - Market closed
GTES Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for GTES stock have an average target of 22.8, with a low estimate of 16 and a high estimate of 27. The average target predicts an increase of 11.87% from the current stock price of 20.38.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for GTES stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 4 | 4 | 4 | 4 | 5 |
| Hold | 4 | 3 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $22 → $26 | Buy | Maintains | $22 → $26 | +27.58% | Dec 12, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $21 → $24 | Hold | Maintains | $21 → $24 | +17.76% | Dec 12, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $24 → $27 | Strong Buy | Maintains | $24 → $27 | +32.48% | Dec 9, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $23 → $26 | Strong Buy | Maintains | $23 → $26 | +27.58% | Dec 6, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades $21 → $25 | Hold → Buy | Upgrades | $21 → $25 | +22.67% | Dec 5, 2024 |
Financial Forecast
Revenue This Year
3.48B
from 3.57B
Decreased by -2.55%
Revenue Next Year
3.62B
from 3.48B
Increased by 3.97%
EPS This Year
1.37
from 0.84
Increased by 63.99%
EPS Next Year
1.61
from 1.37
Increased by 17.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.6B | 3.8B | 4.0B | |
| Avg | 3.5B | 3.6B | 3.8B | |
| Low | 3.3B | 3.4B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.1% | 9.5% | 10.2% | |
| Avg | -2.6% | 4.0% | 4.1% | |
| Low | -6.9% | -2.8% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.43 | 1.75 | 2.09 | |
| Avg | 1.37 | 1.61 | 1.82 | |
| Low | 1.30 | 1.49 | 1.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 70.4% | 27.6% | 29.8% | |
| Avg | 64.0% | 17.2% | 13.0% | |
| Low | 55.6% | 8.6% | 0.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.