Gates Industrial Corporation plc (NYSE:GTES) went up by 2.29% from its latest closing price when compared to the 1-year high value of $20.29 and move down -152.68%, while GTES stocks collected -19.70% of loss with the last five trading sessions.
Gates Industrial Corporation plc (NYSE:GTES) Worth an Investment?
Gates Industrial Corporation plc (NYSE: GTES) scored price to earnings ratio above its average ratio, recording 2.84 times of increase in earnings at the present.
GTES Market Performance
GTES stocks went down by -19.70% for the week, with the monthly drop of -27.07% and a quarterly performance of -37.80%, while its annual performance rate touched -54.63%. The simple moving average for the period of the last 20 days is -20.41% for GTES stocks with the simple moving average of -41.25% for the last 200 days.
Analysts’ Opinion on Gates Industrial Corporation plc (NYSE:GTES)
Many brokerage firms have already submitted their reports for GTES stocks, with Goldman repeating the rating for GTES shares by setting it to “Buy”. The predicted price for GTES socks in the upcoming period according to Goldman is $15 based on the research report published on June 25, 2019.
GTES Stocks -24.81% Far from 50 Day Moving Average
After a stumble in the market that brought GTES to its low price for the period of the last 52 weeks, Gates Industrial Corporation plc was unable to take a rebound, for now settling with -60.42% of loss for the given period.
The stock volatility was left at 5.45%, however, within the period of a single month, the volatility rate increased by 11.47%, while the shares sank at the distance of -27.00% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -28.75% lower at the present time.
In the course of the last 5 trading sessions, GTES went down by -19.70%, which changed the moving average for the period of 200 days to the total of -44.04% of losses for the stock in comparison to the 20-day moving average settled at $9.94. In addition, Gates Industrial Corporation plc saw -39.35% in overturn over the period of a single year with a tendency to cut further losses.
GTES Stock Fundamentals
The current profitability levels are settled at +15.20 for the present operating margin and +39.77 for gross margin. The net margin for Gates Industrial Corporation plc stands at +7.35. Total capital return value is set at 9.49, while invested capital returns managed to touch 5.02. Equity return holds the value 34.00%, with 10.90% for asset returns.
Based on Gates Industrial Corporation plc (GTES), the company’s capital structure generated 154.31 points for debt to equity in total, while total debt to capital is set at the value of 60.68. Total debt to assets is settled at the value of 44.70 with long-term debt to equity ratio rests at 151.66 and long-term debt to capital is 59.64.
EBITDA value lies at +159.00 M with total debt to EBITDA carrying the value of 4.13. The value for Enterprise to Sales is 1.51 with debt to enterprise value settled at 0.44. The receivables turnover for Gates Industrial Corporation plc is 4.53 with the total asset turnover at the value of 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.67.