Gates Industrial Corporation plc (GTES)

Overview News Price History Option Chain Discussions Forecast

Gates Industrial Corporation plc stock is currently priced at $17.20, with a 24-hour trading volume of 1.97M. It has seen a +0.00% increased in the last 24 hours and a -2.49% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $17.24 pivot point. If it approaches the $17.08 support level, significant changes may occur.

Gates Industrial Corporation plc Stock (GTES) Financials Data

Gates Industrial Corporation plc (GTES) Revenue 2024

GTES reported a revenue (TTM) of $3.57 billion for the quarter ending December 31, 2023, a +0.45% rise year-over-year.

Gates Industrial Corporation plc (GTES) Net Income 2024

GTES net income (TTM) was $232.90 million for the quarter ending December 31, 2023, a +5.48% increase year-over-year.

Gates Industrial Corporation plc (GTES) Cash Flow 2024

GTES recorded a free cash flow (TTM) of $409.60 million for the quarter ending December 31, 2023, a +129.08% increase year-over-year.

Gates Industrial Corporation plc (GTES) Earnings per Share 2024

GTES earnings per share (TTM) was $0.85 for the quarter ending December 31, 2023, a +10.39% growth year-over-year.

Gates Industrial Corporation plc Stock (GTES) Insider Trading

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total
Jurek Ivo	Chief Exec Officer	Mar 01 '24	Option Exercise	0.00	63,393	0	735,652
Pitstick Thomas G.	Pres. APAC & Global Strategy	Mar 01 '24	Option Exercise	0.00	10,766	0	86,450
Mallard Lawrence B	Chief Financial Officer	Mar 01 '24	Option Exercise	0.00	15,783	0	109,260
Bracken Cristin C.	Chief Legal Officer	Mar 01 '24	Option Exercise	0.00	9,733	0	53,540
Montgomery Gwendolyn Ann	Chief Human Resources Officer	Feb 28 '24	Option Exercise	0.00	7,478	0	37,552
Neely Wilson S	Director	Feb 28 '24	Buy	14.55	50,000	727,500	106,664
Pitstick Thomas G.	Pres. APAC & Global Strategy	Feb 26 '24	Option Exercise	0.00	3,423	0	76,668
Bracken Cristin C.	Chief Legal Officer	Feb 26 '24	Option Exercise	0.00	3,081	0	44,926
Mallard Lawrence B	Chief Financial Officer	Feb 26 '24	Option Exercise	0.00	7,855	0	96,917
Jurek Ivo	Chief Exec Officer	Feb 26 '24	Option Exercise	0.00	27,567	0	684,331

Gates Industrial Corporation plc Stock (GTES) Latest News

Evaluating Gates Industrial Corp: Insights From 9 Financial Analysts

Benzinga

Is First Trust Industrials/Producer Durables AlphaDEX ETF (FXR) a Strong ETF Right Now?

Zacks Investment Research

Goldman Sachs Maintains Neutral Rating for Gates Industrial Corp: Here's What You Need To Know

Benzinga

Decoding 4 Analyst Evaluations For Gates Industrial Corp

Benzinga

Arista Networks Reports Q4 Results, Joins Teradata, Lattice Semiconductor And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Benzinga

AECOM (ACM) Wins Contract From Metrolinx, Boosts Backlog

Zacks Investment Research

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.

Downgrade	Goldman: Buy → Neutral	Jun-20-23
Downgrade	KeyBanc Capital Markets: Overweight → Sector Weight	Feb-10-23
Downgrade	Evercore ISI: Outperform → In-line	Aug-11-22
Downgrade	RBC Capital Mkts: Outperform → Sector Perform	Jun-01-22
Downgrade	Wolfe Research: Outperform → Peer Perform	Apr-06-22
Downgrade	Barclays: Overweight → Equal Weight	Dec-06-21
Initiated	Robert W. Baird: Outperform	May-26-21
Initiated	Wolfe Research: Outperform	May-19-21
Upgrade	RBC Capital Mkts: Sector Perform → Outperform	Feb-23-21
Downgrade	Credit Suisse: Outperform → Neutral	Jan-12-21
Upgrade	UBS: Neutral → Buy	Oct-13-20
Upgrade	Barclays: Equal Weight → Overweight	Aug-10-20
Downgrade	UBS: Buy → Neutral	Oct-10-19
Downgrade	RBC Capital Mkts: Outperform → Sector Perform	Oct-09-19
Upgrade	Goldman: Neutral → Buy	Jun-25-19