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$20.39 - $28.47
Previous CloseN/A
Volume395.70K
Average Volume (3M)2.33M
Market Cap
$6.19B
Enterprise Value$7.77B
Total Cash (Recent Filing)$785.30M
Total Debt (Recent Filing)$2.36B
Price to Earnings (P/E)23.5
Beta1.41
Next Earnings
Jul 31, 2026EPS Estimate
0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.98
Shares Outstanding253,875,690
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 Cap1.25
Enterprise Value/Revenue2.26
Enterprise Value/Gross Profit5.61
Enterprise Value/Ebitda11.01
Forecast
1Y Price Target
$31.11Price Target Upside21.62% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)1.63
Revenue Forecast (FY)$3.57B
Bulls Say, Bears Say
Bulls Say
Cash GenerationSustained ~101% FCF conversion indicates strong earnings-to-cash dynamics that support capex, share repurchases and M&A without excessive new leverage. Durable cash generation improves resilience across cycles and funds strategic investments and working-capital needs over the next 2–6 months.
Margin ProfileA ~40% gross margin and consistent mid-to-high teens EBITDA margin reflect structural product pricing power and a favorable mix of OEM and recurring aftermarket sales. These margins provide a durable profitability floor and capacity to absorb input cost swings while funding reinvestment and margin-improvement initiatives.
Strategic Tuck-in M&AAcquiring Timken's belts business is a strategic, complementary tuck-in that expands North American manufacturing and aftermarket scale. The transaction is accretive to revenue and offers integration levers to improve margins, diversify customer exposure and accelerate share gains in core markets over the medium term.
Bears Say
Balance-sheet UncertaintyA material, unexplained decline in reported total debt across TTM vs prior year clouds leverage assessment. In a cyclical industrial business, unclear debt comparability limits visibility into true financial flexibility and refinancing risk, complicating capital-allocation and downside protection analysis.
ERP-related Operational RiskERP implementation created backlog, higher hypercare costs and distribution disruption that materially hurt sales and margins. Operational execution risks like this can damage aftermarket reliability and customer relationships, slowing sustainable organic growth until distribution and systems fully stabilize.
Input-cost & Geopolitical ExposureDependence on oil-derived resins and metals exposes margins to commodity volatility and geopolitical escalation. Limited short-term pass-through in OEM contracts and cyclical end markets mean raw-material inflation can structurally compress margins and increase earnings volatility absent sustained pricing or mix improvements.
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 $20.39 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 $6.19B.
When is Gates Industrial Corp Plc’s upcoming earnings report date?
Gates Industrial Corp Plc’s upcoming earnings report date is Jul 31, 2026 which is in 74 days.
How were Gates Industrial Corp Plc’s earnings last quarter?
Gates Industrial Corp Plc released its earnings results on May 01, 2026. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.328 by $0.022.
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 0.42.
How many shares outstanding does Gates Industrial Corp Plc have?
Gates Industrial Corp Plc has 253,875,690 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 $0.35 in its last earnings report, beating expectations of $0.328. Following the earnings report the stock price went down -6.052%.
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:
$31.11 (21.62% Upside)
$31.11 (21.62% Upside)
Blogger Sentiment
Bullish
GTES Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 2.0M Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
44.48%
12-Months-Change
Fundamentals
Return on Equity
7.47%
Trailing 12-Months
Asset Growth
3.33%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Cautiously positive. The company experienced notable short-term headwinds from a European ERP implementation and calendar timing that pressured Q1 sales and margins, but these were characterized as temporary. Management highlighted improving order trends, book-to-bill above 1, strong free cash flow (101% conversion), improved leverage (1.9x), a credit upgrade, a small strategic tuck-in acquisition, and reiterated full-year guidance while projecting meaningful margin recovery in the back half. Given the balance of transitory operational issues against solid cash generation, improving orders and reaffirmed guidance, the tone of the call and outlook skew positive.View all GTES earnings summariesGTES Stock 12 Month Forecast
Average Price Target
$31.11
▲(21.62% Upside)
Technical Analysis
Ownership Overview
2.01% Insiders
43.80% Mutual Funds
18.62% Other Institutional Investors
11.89% Public Companies and
Individual Investors