Gates Industrial Corp (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$20.88 - $28.47
Previous CloseN/A
Volume395.70K
Average Volume (3M)2.09M
Market Cap
$6.43B
Enterprise Value$8.16B
Total Cash (Recent Filing)$785.30M
Total Debt (Recent Filing)$2.36B
Price to Earnings (P/E)25.8
Beta1.42
Next Earnings
Jul 31, 2026EPS Estimate
0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.98
Shares Outstanding253,999,920
10 Day Avg. Volume2,095,946
30 Day Avg. Volume2,092,788
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 Cap1.27
Enterprise Value/Revenue2.37
Enterprise Value/Gross Profit5.89
Enterprise Value/Ebitda11.56
Forecast
1Y Price Target
$31.00Price Target Upside21.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)1.63
Revenue Forecast (FY)$3.57B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash Flow ConversionSustained FCF conversion near 100% indicates the business reliably turns reported earnings into cash, enabling self-funded capex, debt paydown, and selective M&A without heavy external financing. This strengthens liquidity and supports durable capital allocation over multiple quarters.
Diversified Products & ChannelsBroad product set across power transmission and fluid power, sold into OEM and aftermarket channels, provides structural demand smoothing. Aftermarket recurring replacement cycles and OEM specification relationships create steady revenue anchors and reduce single-market dependence over time.
Improving Leverage & Credit ProfileLower net leverage and an upgraded credit rating expand financial flexibility, lower funding costs, and increase capacity for accretive tuck‑ins. A stronger balance sheet reduces refinancing risk and supports investment in footprint rationalization and margin-improvement initiatives.
Bears Say
Debt Reporting UncertaintyA material, unexplained change in reported debt across periods makes leverage trends hard to interpret and complicates covenant, liquidity and refinancing assessments. Persistent opacity in capital-structure comparability raises execution and rating risks over the coming quarters.
Margin Volatility & ERP HeadwindsHistoric margin swings and significant ERP/footprint-related SG&A pressure show operational execution can meaningfully affect profitability. Even if flagged as temporary, such volatility risks slower margin normalization and can constrain predictable cash flow and earnings visibility over several quarters.
Raw Material & Geopolitical ExposureOngoing exposure to oil‑derived resins and metals leaves gross margins sensitive to commodity cycles. Geopolitical escalation could further drive input costs or disrupt supply chains, making margin protection and pass-through to customers a persistent structural risk for an industrial components maker.
Gates Industrial News
GTES FAQ
What was Gates Industrial Corp’s price range in the past 12 months?
Gates Industrial Corp lowest stock price was $20.88 and its highest was $28.47 in the past 12 months.
What is Gates Industrial Corp’s market cap?
Gates Industrial Corp’s market cap is $6.43B.
When is Gates Industrial Corp’s upcoming earnings report date?
Gates Industrial Corp’s upcoming earnings report date is Jul 31, 2026 which is in 50 days.
How were Gates Industrial Corp’s earnings last quarter?
Gates Industrial Corp 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 overvalued?
According to Wall Street analysts Gates Industrial Corp’s price is currently Undervalued.
Does Gates Industrial Corp pay dividends?
Gates Industrial Corp does not currently pay dividends.
What is Gates Industrial Corp’s EPS estimate?
Gates Industrial Corp’s EPS estimate is 0.42.
How many shares outstanding does Gates Industrial Corp have?
Gates Industrial Corp has 253,999,920 shares outstanding.
What happened to Gates Industrial Corp’s price movement after its last earnings report?
Gates Industrial Corp 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?
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:
$31.00 (21.19% Upside)
$31.00 (21.19% Upside)
Blogger Sentiment
Bullish
GTES Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 6.5%
Last 30 Days ▼ 14.2%
Last 30 Days ▼ 14.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.21%
12-Months-Change
Fundamentals
Return on Equity
7.47%
Trailing 12-Months
Asset Growth
3.33%
Trailing 12-Months
Company Description
Gates Industrial Corp
Gates Industrial Corporation plc operates worldwide, specializing in the engineering, manufacturing, and sale of sophisticated power transmission and fluid power systems. The company is organized into two main operational units: Power Transmission and Fluid Power. The Power Transmission segment delivers a wide array of belts, including V-belts, CVT belts, and Micro-V belts, whether synchronous or asynchronous, along with essential associated components like sprockets, pulleys, water pumps, and tensioners. These solutions are integral to various platforms, from stationary and mobile drive systems to engine components, personal mobility, and vertical lifting mechanisms. This division also provides metal drive parts and complete kits for the automotive aftermarket. Through its Fluid Power segment, Gates offers comprehensive hydraulic solutions, which encompass hoses, tubing, fittings, and pre-assembled units. These products are crucial for stationary and mobile hydraulic systems, engine applications, and a broad spectrum of other industrial uses. Gates' engineered products, all marketed under the Gates brand, cater to a diverse range of industries. These include construction, agriculture, energy, automotive, transportation, recreational vehicles, consumer products, and various industrial applications such as automated manufacturing and logistics systems. The company supplies both original equipment manufacturers and customers in the replacement parts channel. Established in 1911, Gates Industrial Corporation plc maintains its headquarters 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
$31.00
▲(21.19% Upside)
Technical Analysis
Ownership Overview
2.01% Insiders
43.22% Mutual Funds
18.66% Other Institutional Investors
12.46% Public Companies and
Individual Investors