Gates Industrial Corporation PLC
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GTES Gates Industrial Corporation PLC
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Industrials : Machinery | Small Cap Value
Company profile

Gates Industrial Corporation plc is a manufacturer of power transmission and fluid power solutions. The Company operates its business on a product-line basis through its two reporting segments: power transmission and fluid power. Its power transmission segment includes elastomer drive belts and related components used to transfer motion in a range of applications. Its fluid power segment includes hoses, tubing and fittings designed to convey hydraulic fluid at high pressures in both mobile and stationary applications, and other high-pressure and fluid transfer hoses used to convey various fluids. The Company sells its products under its Gates brand name. It offers a portfolio of products to diverse replacement channel customers, and to original equipment (first-fit) manufacturers as specified components. Its products are used in applications across various end markets including construction, agriculture, energy, automotive, transportation, general industrial, and consumer products.

Postmarket

Last Trade
Delayed
$0.00
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$12.21
Day's Change
0.43 (3.65%)
Bid
--
Ask
--
B/A Size
--
Day's High
12.29
Day's Low
11.86
Volume
(Below Average)
Volume:
430,273

10-day average volume:
516,282
430,273

Company Profile

Gates Industrial Corporation plc is a manufacturer of power transmission and fluid power solutions. The Company operates its business on a product-line basis through its two reporting segments: power transmission and fluid power. Its power transmission segment includes elastomer drive belts and related components used to transfer motion in a range of applications. Its fluid power segment includes hoses, tubing and fittings designed to convey hydraulic fluid at high pressures in both mobile and stationary applications, and other high-pressure and fluid transfer hoses used to convey various fluids. The Company sells its products under its Gates brand name. It offers a portfolio of products to diverse replacement channel customers, and to original equipment (first-fit) manufacturers as specified components. Its products are used in applications across various end markets including construction, agriculture, energy, automotive, transportation, general industrial, and consumer products.

Valuation Ratios

Price/Earnings (TTM)
16.24x
Price/Sales (TTM)
0.97x
Price/Book (MRQ)
1.14x
Price/Cash Flow (TTM)
7.24x
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

Price Performance

Historic Growth and Share Detail

Historic Growth

Annual growth, past 5 years
EPS
Revenue
Dividend No Regular Dividend is paid
 

Short Interest

July 2022
Current Month
2.1M
Previous Month
2.0M
Percent of Float
0.72%
Days to Cover
3.2375 Days

Share Information

GTES is in a share class of common stock
Float
281.4M
Shares Outstanding
282.3M
Institutions Holding Shares
247
104.76%

Financial Statements

Balance sheet

Values displayed are in millions.

Income statement

Values displayed are in millions.

Cash flow

Values displayed are in millions.

Company Officers

  • Neil P. Simpkins
  • Ivo JurekCEO
  • L. Brooks MallardCFO
  • Grant L. GawronskiExec.VP
  • Thomas G. PitstickSr.VP

Address

Insider Trading

During the most recent quarter, 14M shares were sold in insider trading.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

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