Gates Industrial Corporation plc [GTES] is following upward trend in the market concluded with the last trading session. The shares of the Industrial Goods sector company has a current value of $12.54 after GTES shares went up by 5.91% during the last trading session. One of the reasons why Industrial Goods stocks may go bullish is increased momentum in the press.
Gates Industrial Corporation plc [NYSE:GTES]: Analyst Rating and Earnings
Its stock price has been found in the range of 6.76 to 17.60. This is compared to its latest closing price of $11.84.
Keep your eyes peeled for the next scheduled financial results to be made public for this company, which are scheduled to be released on Tue 11 Feb (In 65 Days).
Fundamental Analysis of Gates Industrial Corporation plc [GTES]
Now let’s turn to look at profitability: with a current Operating Margin for Gates Industrial Corporation plc [GTES] sitting at +15.20 and its Gross Margin at +39.77, this company’s Net Margin is now 23.70%. These measurements indicate that Gates Industrial Corporation plc [GTES] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 9.49, and its Return on Invested Capital has reached 9.30%. Its Return on Equity is 16.60, and its Return on Assets is 3.62. These metrics all suggest that Gates Industrial Corporation plc is doing well at using the money it earns to generate returns.
Turning to investigate this organization’s capital structure, Gates Industrial Corporation plc [GTES] has generated a Total Debt to Total Equity ratio of 154.31. Similarly, its Total Debt to Total Capital is 60.68, while its Total Debt to Total Assets stands at 44.70. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 2.55, and its Long-Term Debt to Total
What about valuation? This company’s Enterprise Value to EBITDA is 8.55 and its Total Debt to EBITDA Value is 4.13. The Enterprise Value to Sales for this firm is now 1.97, and its Total Debt to Enterprise Value stands at 0.44. Gates Industrial Corporation plc [GTES] has a Price to Book Ratio of 1.96, a Price to Cash Flow Ratio of 12.26 and P/E Ratio of 4.94. These metrics all suggest that Gates Industrial Corporation plc is more likely to generate a positive ROI.
Shifting the focus to workforce efficiency, Gates Industrial Corporation plc [GTES] earns $235,746 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 4.53 and its Total Asset Turnover is 0.49. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.88 and its Current Ratio is 2.67. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Gates Industrial Corporation plc [GTES] has 290.11M shares outstanding, amounting to a total market cap of $3.64B. Its stock price has been found in the range of 6.76 to 17.60. At its current price, it has moved down by -28.75% from its 52-week high, and it has moved up 85.50% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 72.78. This RSI suggests that Gates Industrial Corporation plc is currently Overbought.
Conclusion: Is Gates Industrial Corporation plc [GTES] a Reliable Buy?
Shares of Gates Industrial Corporation plc [GTES], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.