Gates Industrial Corp Plc (GTES)
NYSE:GTES
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GTES Stock Chart & Stats
$25.58
-$0.24(-1.17%)
At close: 4:00 PM EST
$25.58
-$0.24(-1.17%)
Day’s Range― - ―
52-Week Range$16.28 - $28.47
Previous CloseN/A
Volume395.70K
Average Volume (3M)2.33M
Market Cap
$6.32B
Enterprise Value$8.30B
Total Cash (Recent Filing)$812.10M
Total Debt (Recent Filing)$2.51B
Price to Earnings (P/E)22.4
Beta1.43
Next Earnings
May 01, 2026EPS Estimate
0.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.38
Shares Outstanding253,855,700
10 Day Avg. Volume2,012,772
30 Day Avg. Volume2,326,467
Financial Highlights & Ratios
PEG Ratio0.73
Price to Book (P/B)1.69
Price to Sales (P/S)1.63
P/FCF Ratio13.89
Enterprise Value/Market Cap1.31
Enterprise Value/Revenue2.41
Enterprise Value/Gross Profit5.98
Enterprise Value/Ebitda11.70
Forecast
1Y Price Target
$31.38Price Target Upside22.67% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)1.61
Revenue Forecast (FY)$3.57B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow StrengthConsistently strong free cash flow (> $400M in 2023 and 2025) and FCF conversion (~0.78–0.85x net income) provide durable internal funding for capex, buybacks and debt paydown. This cash generation underpins financial optionality and resilience through cycles over the next 2–6 months.
Improving MarginsA sustained step-up in operating efficiency (EBITDA margin ~21% in 2025, up from ~17% in 2022) and consistently healthy gross margins (~40%) indicate structural improvements in cost and pricing execution. That margin base supports durable earnings power and cash conversion through modest revenue cycles.
High-growth End MarketsStructural exposure to fast-growing verticals (personal mobility growing high‑twenties and data-center orders up ~700% y/y) diversifies revenue away from cyclical segments. Multi-year secular tailwinds in these niches can sustain above-market organic growth and margin expansion from a small base.
Bears Say
Material Absolute DebtAn absolute debt stock north of $2.3B leaves the company exposed to higher rates and cyclical downturns; although leverage has improved, the sizable debt burden constrains flexibility for large M&A, aggressive buybacks, or cushioning prolonged end‑market weakness over the medium term.
Revenue VolatilityTop-line has lacked consistent compounding, with a 2024 decline and only modest core growth in 2025. Persistent revenue variability—driven by OEM cyclicality and aftermarket channel swings—makes sustaining margin gains and predictable cash flow more challenging across economic cycles.
ERP And Footprint Execution RiskThe Europe ERP implementation and footprint actions are structural transformation efforts that will be front‑loaded with ~$30–$35M of costs and an estimated ~100bps EBITDA drag in 2026. Execution missteps could delay margin recovery and compress near‑term cash flow and operating consistency.
Gates Industrial News
GTES FAQ
What was Gates Industrial Corp Plc’s price range in the past 12 months?
Gates Industrial Corp Plc lowest stock price was $16.27 and its highest was $28.47 in the past 12 months.
What is Gates Industrial Corp Plc’s market cap?
Gates Industrial Corp Plc’s market cap is $6.32B.
When is Gates Industrial Corp Plc’s upcoming earnings report date?
Gates Industrial Corp Plc’s upcoming earnings report date is May 01, 2026 which is in 12 days.
How were Gates Industrial Corp Plc’s earnings last quarter?
Gates Industrial Corp Plc released its earnings results on Feb 12, 2026. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.365 by $0.015.
Is Gates Industrial Corp Plc overvalued?
According to Wall Street analysts Gates Industrial Corp Plc’s price is currently Undervalued.
Does Gates Industrial Corp Plc pay dividends?
Gates Industrial Corp Plc does not currently pay dividends.
What is Gates Industrial Corp Plc’s EPS estimate?
Gates Industrial Corp Plc’s EPS estimate is 0.33.
How many shares outstanding does Gates Industrial Corp Plc have?
Gates Industrial Corp Plc has 253,855,700 shares outstanding.
What happened to Gates Industrial Corp Plc’s price movement after its last earnings report?
Gates Industrial Corp Plc reported an EPS of $0.38 in its last earnings report, beating expectations of $0.365. Following the earnings report the stock price went up 3.848%.
Which hedge fund is a major shareholder of Gates Industrial Corp Plc?
Currently, no hedge funds are holding shares in GTES
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Gates Industrial Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$31.38 (22.67% Upside)
$31.38 (22.67% Upside)
Blogger Sentiment
Bullish
GTES Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 2.0M Shares
Last Quarter.
Last Quarter.
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Negative
20 days / 200 days
Momentum
44.48%
12-Months-Change
Fundamentals
Return on Equity
7.69%
Trailing 12-Months
Asset Growth
5.38%
Trailing 12-Months
Company Description
Gates Industrial Corp Plc
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, or other accessories; solutions for stationary and mobile drives, engine systems, personal mobility, and vertical lifts application platforms; metal drive components; and kits for automotive replacement channels. It also provides fluid power solutions comprising stationary hydraulics, mobile hydraulics, engine systems, and other industrial application platforms; and hydraulics, including hoses, tubing, and fittings, as well as assemblies. The company serves construction, agriculture, energy and resources, automotive, transportation, mobility and recreation, consumer products, and various industrial applications, such as automated manufacturing and logistics systems. 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. Gates Industrial Corporation plc was founded in 1911 and is headquartered in Denver, Colorado.
GTES Company Deck
GTES Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a broadly positive operational and financial picture — record adjusted EBITDA and EPS, strong cash generation, lower leverage, meaningful growth in high-potential verticals (personal mobility and data center), and return of capital to shareholders. However, near-term execution risks temper enthusiasm: ERP implementation and footprint optimization will weigh on Q1 and first-half margins and revenue (including a two-business-day calendar headwind), aftermarket destocking and automotive OEM softness create regional and channel pressures, and some restructuring costs are front-loaded. Management frames 2026 as a cautious, constructive year with structural improvements that underpin confidence in medium-term margin expansion and potential M&A optionality.View all GTES earnings summariesGTES Stock 12 Month Forecast
Average Price Target
$31.38
▲(22.67% Upside)
Technical Analysis
Ownership Overview
2.01% Insiders
42.38% Mutual Funds
1.03% Other Institutional Investors
30.98% Public Companies and
Individual Investors