The stock of Gates Industrial Corporation plc (GTES) has seen a 0.67% increase in the past week, with a -13.65% drop in the past month, and a -15.00% decrease in the past quarter. The volatility ratio for the week is 4.74%, and the volatility levels for the past 30 days are at 4.07% for GTES. The simple moving average for the last 20 days is -8.77% for GTES’s stock, with a simple moving average of 3.17% for the last 200 days.
Is It Worth Investing in Gates Industrial Corporation plc (NYSE: GTES) Right Now?
The price-to-earnings ratio for Gates Industrial Corporation plc (NYSE: GTES) is 26.42x, which is above its average ratio. Moreover, the 36-month beta value for GTES is 1.23. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for GTES is 252.34M and currently, short sellers hold a 2.98% of that float. On March 12, 2025, GTES’s average trading volume was 2.54M shares.
GTES) stock’s latest price update
The stock of Gates Industrial Corporation plc (NYSE: GTES) has increased by 2.90 when compared to last closing price of 18.94.Despite this, the company has seen a gain of 0.67% in its stock price over the last five trading days. prnewswire.com reported 2025-03-04 that DENVER, March 4, 2025 /PRNewswire/ — Gates Industrial Corporation plc (NYSE: GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that the Company will attend the J.P. Morgan Industrials Conference in New York City on Wednesday, March 12, 2025.
Analysts’ Opinion of GTES
Many brokerage firms have already submitted their reports for GTES stocks, with Barclays repeating the rating for GTES by listing it as a “Overweight.” The predicted price for GTES in the upcoming period, according to Barclays is $25 based on the research report published on December 05, 2024 of the previous year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see GTES reach a price target of $19. The rating they have provided for GTES stocks is “Equal-Weight” according to the report published on September 06th, 2024.
RBC Capital Mkts gave a rating of “Outperform” to GTES, setting the target price at $22 in the report published on August 19th of the previous year.
GTES Trading at -7.07% from the 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, the company was unable to rebound, for now settling with -18.28% of loss for the given period.
Volatility was left at 4.07%, however, over the last 30 days, the volatility rate increased by 4.74%, as shares sank -13.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.43% lower at present.
During the last 5 trading sessions, GTES rose by +0.67%, which changed the moving average for the period of 200-days by +9.25% in comparison to the 20-day moving average, which settled at $21.36. In addition, Gates Industrial Corporation plc saw -5.25% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GTES starting from Eliasson Fredrik J, who purchase 60,000 shares at the price of $19.56 back on Mar 07 ’25. After this action, Eliasson Fredrik J now owns 188,452 shares of Gates Industrial Corporation plc, valued at $1,173,600 using the latest closing price.
BX Gates ML-5 Holdco LLC, the of Gates Industrial Corporation plc, proposed sale 14,865 shares at $21.39 during a trade that took place back on Nov 25 ’24, which means that BX Gates ML-5 Holdco LLC is holding shares at $317,962 based on the most recent closing price.
Stock Fundamentals for GTES
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.4 for the gross margin
The net margin for Gates Industrial Corporation plc stands at 0.06. The total capital return value is set at 0.08. Equity return is now at value 6.26, with 2.78 for asset returns.
Based on Gates Industrial Corporation plc (GTES), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 2.28. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is 3.58.
Currently, EBITDA for the company is 478.7 million with net debt to EBITDA at -0.8. When we switch over and look at the enterprise to sales, we see a ratio of 1.31. The receivables turnover for the company is 4.72for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.20.
Conclusion
To wrap up, the performance of Gates Industrial Corporation plc (GTES) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
