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Gates Industrial Corporation plc is a specialty industrial machinery business based in the US. Gates Industrial Corporation shares (GTES) are listed on the NYSE and all prices are listed in US Dollars. Gates Industrial Corporation employs 15,050 staff and has a trailing 12-month revenue of around $3.5 billion.
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| Latest market close | $9.89 |
|---|---|
| 52-week range | $10.33 - $18.18 |
| 50-day moving average | $11.56 |
| 200-day moving average | $13.65 |
| Wall St. target price | $14.65 |
| PE ratio | 16.0282 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $0.71 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $9.89 from 2022-09-23
| 1 week (2022-09-19) | -11.22% |
|---|---|
| 1 month (2022-08-26) | -11.93% |
| 3 months (2022-06-24) | -10.74% |
| 6 months (2022-03-25) | -35.02% |
| 1 year (2021-09-24) | -40.13% |
|---|---|
| 2 years (2020-09-25) | -8.60% |
| 3 years (2019-09-26) | 9.99 |
| 5 years (2017-09-22) | N/A |
Valuing Gates Industrial Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Gates Industrial Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Gates Industrial Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Gates Industrial Corporation shares trade at around 16x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Gates Industrial Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $609.9 million.
The EBITDA is a measure of a Gates Industrial Corporation's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $3.5 billion |
|---|---|
| Operating margin TTM | 11.19% |
| Gross profit TTM | $1.3 billion |
| Return on assets TTM | 3.31% |
| Return on equity TTM | 7.38% |
| Profit margin | 6.24% |
| Book value | $10.48 |
| Market capitalisation | $3.2 billion |
TTM: trailing 12 months
We're not expecting Gates Industrial Corporation to pay a dividend over the next 12 months.
Over the last 12 months, Gates Industrial Corporation's shares have ranged in value from as little as $10.33 up to $18.18. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Gates Industrial Corporation's is 1.6185. This would suggest that Gates Industrial Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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.
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