Gates Industrial Corporation plc Ordinary Shares (GTES): Price and Financial Metrics
GTES Price/Volume Stats
| Current price | $12.53 | 52-week high | $14.93 |
| Prev. close | $13.26 | 52-week low | $10.68 |
| Day low | $12.41 | Volume | 3,864,200 |
| Day high | $13.21 | Avg. volume | 1,867,596 |
| 50-day MA | $12.88 | Dividend yield | N/A |
| 200-day MA | $12.44 | Market Cap | 3.31B |
GTES Stock Price Chart Interactive Chart >
GTES POWR Grades
- GTES scores best on the Value dimension, with a Value rank ahead of 94.76% of US stocks.
- GTES's strongest trending metric is Growth; it's been moving down over the last 26 weeks.
- GTES ranks lowest in Momentum; there it ranks in the 2nd percentile.
GTES Stock Summary
- Of note is the ratio of GATES INDUSTRIAL CORP PLC's sales and general administrative expense to its total operating expenses; 83.57% of US stocks have a lower such ratio.
- In terms of volatility of its share price, GTES is more volatile than merely 18% of stocks we're observing.
- GATES INDUSTRIAL CORP PLC's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 9.42%, greater than the shareholder yield of 82.55% of stocks in our set.
- If you're looking for stocks that are quantitatively similar to GATES INDUSTRIAL CORP PLC, a group of peers worth examining would be UVV, ESAB, BBCP, MIDD, and JBI.
- Visit GTES's SEC page to see the company's official filings. To visit the company's web site, go to www.gates.com.
GTES Valuation Summary
- GTES's price/sales ratio is 1; this is 52.38% lower than that of the median Industrials stock.
- GTES's price/sales ratio has moved down 0.9 over the prior 72 months.
Below are key valuation metrics over time for GTES.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| GTES | 2023-12-29 | 1 | 1.1 | 13.9 | 12.6 |
| GTES | 2023-12-28 | 1 | 1.2 | 14.0 | 12.6 |
| GTES | 2023-12-27 | 1 | 1.2 | 14.0 | 12.7 |
| GTES | 2023-12-26 | 1 | 1.1 | 13.9 | 12.6 |
| GTES | 2023-12-22 | 1 | 1.1 | 13.8 | 12.6 |
| GTES | 2023-12-21 | 1 | 1.1 | 13.6 | 12.4 |
GTES Growth Metrics
- The 2 year cash and equivalents growth rate now stands at -35.05%.
- Its 5 year net cashflow from operations growth rate is now at 36.43%.
- Its 3 year cash and equivalents growth rate is now at 21.94%.
The table below shows GTES's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-12-31 | 3,554.2 | 265.8 | 220.8 |
| 2022-09-30 | 3,476.5 | 187.7 | 198.6 |
| 2022-06-30 | 3,478.2 | 188.8 | 216.9 |
| 2022-03-31 | 3,486.5 | 301 | 260.7 |
| 2021-12-31 | 3,474.4 | 382.4 | 297.1 |
| 2021-09-30 | 3,453 | 395 | 258.7 |
GTES's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- GTES has a Quality Grade of B, ranking ahead of 77.36% of graded US stocks.
- GTES's asset turnover comes in at 0.446 -- ranking 89th of 104 Machinery stocks.
- 500 - Internal server error
The table below shows GTES's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-07-03 | 0.446 | 0.390 | 0.079 |
| 2021-04-03 | 0.404 | 0.379 | 0.054 |
| 2021-01-02 | 0.384 | 0.370 | 0.041 |
| 2020-09-26 | 0.374 | 0.365 | 0.038 |
| 2020-06-27 | 0.380 | 0.360 | 0.040 |
| 2020-03-28 | 0.408 | 0.365 | 0.056 |
Gates Industrial Corporation plc Ordinary Shares (GTES) Company Bio
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. Its power transmission products include synchronous belts, V-belts, CVT belts, or micro-V belts, as well as related components, including sprockets, pulleys, water pumps, tensioners, or other accessories. The company’s power transmission product applications comprise stationary drives, mobile drives, engine systems, personal mobility products, and vertical lifts. Its fluid power products consist of hydraulic hoses and assemblies, hydraulic couplings, hydraulic tubing products, industrial hoses and assemblies, and engine hoses. The company’s fluid power products are used in stationary hydraulics, mobile hydraulics, engine systems, and other industrial applications. It serves various end markets, such as construction, agriculture, energy, automotive, transportation, general industrial, consumer products, and others. The company sells its engineered products under the Gates brand. It offers its products to replacement channel customers, as well as to original equipment manufacturers as specified components. The company was founded in 1911 and is based in Denver, Colorado
Latest GTES News From Around the Web
Below are the latest news stories about GATES INDUSTRIAL CORP PLC that investors may wish to consider to help them evaluate GTES as an investment opportunity.
AECOM (ACM) Wins Contract From Metrolinx, Boosts BacklogAECOM (ACM) to leverage its global and multi-disciplinary service capabilities to support Metrolinx's upcoming Eglinton Crosstown LRT extension. |
Investors Aren't Buying Gates Industrial Corporation plc's (NYSE:GTES) EarningsWhen close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 17x, you may... |
Despite Fast-paced Momentum, Gates Industrial (GTES) Is Still a Bargain StockGates Industrial (GTES) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices. |
GATES ANNOUNCES PRICING OF SECONDARY OFFERING OF 15,000,000 ORDINARY SHARESGates Industrial Corporation plc (NYSE: GTES, "Gates" or the "Company") announced today the pricing of the previously announced secondary offering of 15,000,000 ordinary shares (the "Offering") by certain selling stockholders affiliated with Blackstone Inc. (the "Selling Stockholders"). The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to 2,250,000 additional ordinary shares. The underwriters may offer the shares from time to time for sale in one or more |
GATES ANNOUNCES SECONDARY OFFERING OF 15,000,000 ORDINARY SHARESGates Industrial Corporation plc (NYSE: GTES, "Gates" or the "Company") announced today that certain selling stockholders affiliated with Blackstone Inc. (the "Selling Stockholders") have commenced a secondary offering of 15,000,000 of Gates' ordinary shares (the "Offering"). In connection with the Offering, the Selling Stockholders intend to grant to the underwriters a 30-day option to purchase up to 2,250,000 additional ordinary shares. |
GTES Price Returns
| 1-mo | -5.86% |
| 3-mo | 10.20% |
| 6-mo | 6.01% |
| 1-year | -4.57% |
| 3-year | -18.53% |
| 5-year | -17.02% |
| YTD | -6.63% |
| 2023 | 17.62% |
| 2022 | -28.28% |
| 2021 | 24.69% |
| 2020 | -7.27% |
| 2019 | 3.93% |
Continue Researching GTES
Want to do more research on Gates Industrial Corp plc's stock and its price? Try the links below:Gates Industrial Corp plc (GTES) Stock Price | Nasdaq
Gates Industrial Corp plc (GTES) Stock Quote, History and News - Yahoo Finance
Gates Industrial Corp plc (GTES) Stock Price and Basic Information | MarketWatch
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