Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Gates Industrial Corporation plc (NYSE: GTES) was $25.23 for the day, up 3.87% from the previous closing price of $24.29. In other words, the price has increased by $3.87 from its previous closing price. On the day, 1.9 million shares were traded. GTES stock price reached its highest trading level at $25.43 during the session, while it also had its lowest trading level at $24.34.
Ratios:
Our analysis of GTES’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.40. For the most recent quarter (mrq), Quick Ratio is recorded 2.46 and its Current Ratio is at 3.46. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.74.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on December 05, 2024, Upgraded its rating to Overweight and sets its target price to $25 from $21 previously.
On September 06, 2024, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $19.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on August 19, 2024, whereas the target price for the stock was revised from $20 to $22.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 07 ’25 when Eliasson Fredrik J bought 60,000 shares for $19.56 per share. The transaction valued at 1,173,600 led to the insider holds 188,452 shares of the business.
BX Gates ML-5 Holdco LLC bought 14,865 shares of GTES for $317,962 on Nov 25 ’24. On Nov 25 ’24, another insider, BX Gates ML-4 Holdco LLC, who serves as the insider of the company, bought 64,602 shares for $21.39 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GTES now has a Market Capitalization of 6498844160 and an Enterprise Value of 8600547328. As of this moment, Gates’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.43, and their Forward P/E ratio for the next fiscal year is 14.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 2.536 whereas that against EBITDA is 11.945.
Stock Price History:
The Beta on a monthly basis for GTES is 1.26, which has changed by 0.40713882 over the last 52 weeks, in comparison to a change of 0.1513431 over the same period for the S&P500. Over the past 52 weeks, GTES has reached a high of $25.66, while it has fallen to a 52-week low of $14.70. The 50-Day Moving Average of the stock is 5.36%, while the 200-Day Moving Average is calculated to be 18.10%.
Shares Statistics:
GTES traded an average of 1.74M shares per day over the past three months and 1715590 shares per day over the past ten days. A total of 257.45M shares are outstanding, with a floating share count of 252.80M. Insiders hold about 1.86% of the company’s shares, while institutions hold 103.86% stake in the company. Shares short for GTES as of 1753920000 were 5552371 with a Short Ratio of 3.20, compared to 1751241600 on 6035571. Therefore, it implies a Short% of Shares Outstanding of 5552371 and a Short% of Float of 2.4400001000000002.
Earnings Estimates
The dynamic stock of Gates Industrial Corporation plc (GTES) is currently being evaluated by a team of 10.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.38, with high estimates of $0.4 and low estimates of $0.36.
Analysts are recommending an EPS of between $1.51 and $1.48 for the fiscal current year, implying an average EPS of $1.5. EPS for the following year is $1.73, with 10.0 analysts recommending between $1.9 and $1.65.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $864M to a low estimate of $858.19M. As of the current estimate, Gates Industrial Corporation plc’s year-ago sales were $830.7MFor the next quarter, 7 analysts are estimating revenue of $865.17M. There is a high estimate of $878.2M for the next quarter, whereas the lowest estimate is $854.4M.
A total of 8 analysts have provided revenue estimates for GTES’s current fiscal year. The highest revenue estimate was $3.47B, while the lowest revenue estimate was $3.45B, resulting in an average revenue estimate of $3.46B. In the same quarter a year ago, actual revenue was $3.41BBased on 8 analysts’ estimates, the company’s revenue will be $3.62B in the next fiscal year. The high estimate is $3.71B and the low estimate is $3.54B.
