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How to buy Gates Industrial Corporation (GTES) shares

Learn how to easily invest in Gates Industrial Corporation shares.

Gates Industrial Corporation is a specialty industrial machinery business based in the US. Gates Industrial Corporation stocks (GTES.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $17.67 – a decrease of 6.03% over the previous week. Gates Industrial Corporation employs 14,300 staff and has a trailing 12-month revenue of around $3.5 billion.

How to buy shares in Gates Industrial Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – GTES – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Gates Industrial Corporation stock price (NYSE:GTES)

Use our graph to track the performance of GTES stocks over time.

Gates Industrial Corporation shares at a glance

Information last updated 2022-01-17.
Latest market close$15.59
52-week range$14.06 - $18.94
50-day moving average $16.28
200-day moving average $16.97
Wall St. target price$21.27
PE ratio 19.0252
Dividend yield N/A (0%)
Earnings per share (TTM) $0.87

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Is it a good time to buy Gates Industrial Corporation stock?

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.

Gates Industrial Corporation price performance over time

Historical closes compared with the close of $15.59 from 2022-01-21

1 week (2022-01-14) -6.03%
1 month (2021-12-22) 1.70%
3 months (2021-10-22) -7.15%
6 months (2021-07-22) -12.91%
1 year (2021-01-22) 5.27%
2 years (2020-01-22) 20.57%
3 years (2019-01-22) 9.10%
5 years (2017-01-18) N/A

Is Gates Industrial Corporation under- or over-valued?

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 P/E ratio

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 19x. In other words, Gates Industrial Corporation shares trade at around 19x 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

Gates Industrial Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $732.7 million.

The EBITDA is a measure of a Gates Industrial Corporation's overall financial performance and is widely used to measure a its profitability.

Gates Industrial Corporation financials

Revenue TTM $3.5 billion
Operating margin TTM 14.77%
Gross profit TTM $1 billion
Return on assets TTM 4.29%
Return on equity TTM 9.21%
Profit margin 7.49%
Book value $10.34
Market capitalisation $4.8 billion

TTM: trailing 12 months

Gates Industrial Corporation share dividends

We're not expecting Gates Industrial Corporation to pay a dividend over the next 12 months.

Gates Industrial Corporation share price volatility

Over the last 12 months, Gates Industrial Corporation's shares have ranged in value from as little as $14.06 up to $18.94. A popular way to gauge a stock's volatility is its "beta".

GTES.US volatility(beta: 1.69)Avg. volatility(beta: 1.00)LowHigh

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 1.6938. 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 overview

Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. 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; and metal drive components and kits for stationary and mobile drives, engine systems, personal mobility, and vertical lifts application platforms. It also provides fluid power products comprising hydraulic hoses, tubing, and fittings, as well as assemblies; and engine and industrial hoses for use in stationary hydraulics, mobile hydraulics, engine systems, and other industrial applications. The company serves various end markets, including construction, agriculture, energy, automotive, transportation, general industrial, consumer products, and others. 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 as specified components. Gates Industrial Corporation plc was founded in 1911 and is headquartered in Denver, Colorado.

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