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GTES - Gates Industrial Share Price

$15.91 0.7  4.6%

Last Trade - 7:55pm

Sector
Industrials
Size
Large Cap
Market Cap £3.18bn
Enterprise Value £5.03bn
Revenue £2.01bn
Position in Universe 1453rd / 6647
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +4.61%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -16.5%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 02nd Jan 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
2,745 2,747 3,042 3,348 3,087 2,793 3,019 3,227 +0.3%
+39.1 -17.2 +9.0 +300.3 +173.3 -83.2 +119.6 +23.3
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 02 January 2021, GatesIndustrial Corp PLC revenues decreased 10% to $2.79B. Netincome before extraordinary items decreased 88% to $79.7M.Revenues reflect Fluid Power segment decrease of 13% to$992.8M, Power Transmission segment decrease of 7% to$1.8B. Net income also reflects Restructuring expensesincrease from $6M to $37.3M (expense), Asset impairmentsincrease from $700K to $5.2M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
GTES EPS Forecasts Unlock GTES Revenue
Profile Summary

Gates Industrial Corporation plc is a manufacturer of power transmission and fluid power solutions. The Company operates its business on a product-line basis through its two reporting segments, such as power transmission and fluid power. Its power transmission segment includes elastomer drive belts and related components used transfer motion in a broad range of applications. Its fluid power segment includes hoses, tubing and fittings designed to convey hydraulic fluid at high pressures in both mobile and stationary applications, and other high-pressure and fluid transfer hoses used to convey various fluids. The Company sells its products under its Gates brand name. Its products are used in applications across various end markets including construction, agriculture, energy, automotive, transportation, general industrial, and consumer products.

Directors
Last Annual January 2nd, 2021
Last Interim January 2nd, 2021
Incorporated September 25, 2017
Public Since January 25, 2018
No. of Shareholders: 3
No. of Employees: 14,300
Sector Industrials
Industry Machinery, Equipment & Components
Index
Exchange New York Stock Exchange
Shares in Issue 290,853,067
Free Float (0.0%)
Eligible for
ISAs
SIPPs
GTES Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for GTES
Upcoming Events for GTES
Monday 3rd May, 2021 Estimate
Q1 2021 Gates Industrial Corporation PLC Earnings Release
Frequently Asked Questions for Gates Industrial
What is the Gates Industrial share price?

As of 7:55pm, shares in Gates Industrial are trading at $15.91, giving the company a market capitalisation of £3.18bn. This share price information is delayed by 15 minutes.

How has the Gates Industrial share price performed this year?

Shares in Gates Industrial are currently trading at $15.91 and the price has moved by 44.86% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Gates Industrial price has moved by 14.68% over the past year.

What are the analyst and broker recommendations for Gates Industrial?

Of the analysts with advisory recommendations for Gates Industrial, there are there are currently 1 "buy" , 2 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Gates Industrial is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Gates Industrial next release its financial results?

Gates Industrial is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2022-01-02
What is the Gates Industrial dividend yield?

Gates Industrial does not currently pay a dividend.

Does Gates Industrial pay a dividend?

Gates Industrial does not currently pay a dividend.

When does Gates Industrial next pay dividends?

Gates Industrial does not currently pay a dividend.

How do I buy Gates Industrial shares?

To buy shares in Gates Industrial you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Gates Industrial?

Shares in Gates Industrial are currently trading at $15.91, giving the company a market capitalisation of £3.18bn.

Where are Gates Industrial shares listed? Where are Gates Industrial shares listed?

Here are the trading details for Gates Industrial:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: GTES
What kind of share is Gates Industrial?

Based on an overall assessment of its quality, value and momentum, Gates Industrial is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Gates Industrial share price forecast 2021?

Shares in Gates Industrial are currently priced at $15.91. At that level they are trading at 4.27% premium to the analyst consensus target price of 0.00.

Analysts covering Gates Industrial currently have a consensus Earnings Per Share (EPS) forecast of 0.883 for the next financial year.

How can I tell whether the Gates Industrial share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Gates Industrial. Over the past six months, the relative strength of its shares against the market has been 15.77%. At the current price of $15.91, shares in Gates Industrial are trading at 23.57% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Gates Industrial PE Ratio?

The Gates Industrial PE ratio based on its reported earnings over the past 12 months is 37.82. The shares are currently trading at $15.91.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Gates Industrial?

Gates Industrial's management team is headed by:

Ivo Jurek - CEO
Neil Simpkins - CHM
Julia Kahr - DRC
Terry Klebe - IND
Walter Lifsey - COO
Roger Gaston - EVP
David Wisniewski - CAO
James Ireland - IND
Grant Gawronski - EVP
Stephanie Mains - IND
L. Brooks Mallard - CFO
Wilson Neely - IND
Who are the major shareholders of Gates Industrial?

Here are the top five shareholders of Gates Industrial based on the size of their shareholding:

The Blackstone Group Investment Advisor/Hedge Fund
Percentage owned: 84.71% (246.4m shares)
Janus Henderson Investors Investment Advisor/Hedge Fund
Percentage owned: 2.56% (7.45m shares)
Janus Henderson Triton Fund Mutual Fund
Percentage owned: 1.84% (5.36m shares)
Cooke & Bieler, L.P. Investment Advisor
Percentage owned: 1.41% (4.10m shares)
JP Morgan Asset Management Investment Advisor
Percentage owned: 1.31% (3.81m shares)
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