Gates Industrial/$GTES

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About Gates Industrial

Gates Industrial Corp PLC is a manufacturer of engineered power transmission and fluid power solutions. The company has two operating segments; Power Transmission and Fluid Power segments. The Power Transmission solutions convey power and control motion. It is used in applications in which belts, chains, cables, geared transmissions, or direct drives transfer power from an engine or motor to another part or system. The Fluid power solutions are used in applications in which hoses and rigid tubing assemblies either transfer power hydraulically or convey fluids, gases, or granular materials from one location to another. The company generates key revenue from the Power Transmission segment. Company operates in USA, United Kingdom, Luxembourg, EMEA, with majority revenue from USA.

Ticker

$GTES

Primary listing

NYSE

Industry

Machinery

Employees

14,100

ISIN

GB00BD9G2S12

Gates Industrial Metrics

BasicAdvanced
$5.9B
27.62
$0.83
1.24
-

What the Analysts think about Gates Industrial

Analyst ratings (Buy, Hold, Sell) for Gates Industrial stock.

Bulls say / Bears say

Institutional investors have increased their stakes in Gates Industrial, with Allspring Global Investments Holdings acquiring an additional 303,353 shares, reflecting confidence in the company's future prospects. (gurufocus.com)
Director Fredrik J. Eliasson purchased 60,000 shares of Gates Industrial stock, indicating strong insider confidence in the company's performance. (americanbankingnews.com)
Analysts have set an average 12-month price target of $24.25 for Gates Industrial, suggesting potential upside from the current trading price. (benzinga.com)
Blackstone entities sold shares worth over $506 million in Gates Industrial, which could indicate a lack of confidence from a major stakeholder. (investing.com)
Citi analyst Andrew Kaplowitz reduced the price target for Gates Industrial from $27 to $21, reflecting a more cautious outlook on the company's valuation. (gurufocus.com)
Barclays has lowered its expectations for Gates Industrial's stock price, suggesting potential challenges ahead for the company. (etfdailynews.com)
Data summarised monthly by Lightyear AI. Last updated on 7 Jun 2025.

Gates Industrial Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Gates Industrial Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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