The price-to-earnings ratio for Gates Industrial Corporation plc (NYSE: GTES) is above average at 26.50x, Company’s 36-month beta value is 1.21.Analysts have differing 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 251.22M, and currently, short sellers hold a 2.96% ratio of that floaft. The average trading volume of GTES on March 18, 2025 was 2.58M shares.
GTES) stock’s latest price update
The stock price of Gates Industrial Corporation plc (NYSE: GTES) has plunged by -0.61 when compared to previous closing price of 19.67, but the company has seen a 3.22% gain in its stock price over the last five trading sessions. 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.
GTES’s Market Performance
GTES’s stock has risen by 3.22% in the past week, with a monthly drop of -11.86% and a quarterly drop of -12.02%. The volatility ratio for the week is 4.02% while the volatility levels for the last 30 days are 4.31% for Gates Industrial Corporation plc The simple moving average for the last 20 days is -5.81% for GTES stock, with a simple moving average of 3.30% for the last 200 days.
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 -6.30% 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 -18.03% of loss for the given period.
Volatility was left at 4.31%, however, over the last 30 days, the volatility rate increased by 4.02%, as shares sank -13.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.96% lower at present.
During the last 5 trading sessions, GTES rose by +3.22%, which changed the moving average for the period of 200-days by +11.71% in comparison to the 20-day moving average, which settled at $20.76. In addition, Gates Industrial Corporation plc saw -4.96% 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
In a nutshell, Gates Industrial Corporation plc (GTES) has experienced a mixed performance in recent times. The stock has received mixed “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.
