In last trading session, Gates Industrial Corporation plc (NYSE:GTES) saw 1.53 million shares changing hands with its beta currently measuring 1.24. Company’s recent per share price level of $17.38 trading at $0.44 or 2.60% at ring of the bell on the day assigns it a market valuation of $4.48B. That closing price of GTES’s stock is at a discount of -37.23% from its 52-week high price of $23.85 and is indicating a premium of 15.42% from its 52-week low price of $14.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.54 million shares which gives us an average trading volume of 2.84 million if we extend that period to 3-months.

For Gates Industrial Corporation plc (GTES), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.73. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.33 in the current quarter.

Gates Industrial Corporation plc (NYSE:GTES) trade information

Upright in the green during last session for gaining 2.60%, in the last five days GTES remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $17.38 price level, adding 3.66% to its value on the day. Gates Industrial Corporation plc’s shares saw a change of -15.51% in year-to-date performance and have moved 0.81% in past 5-day. Gates Industrial Corporation plc (NYSE:GTES) showed a performance of -13.27% in past 30-days. Number of shares sold short was 7.85 million shares which calculate 2.47 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 22 to the stock, which implies a rise of 21.0% to its current value. Analysts have been projecting 21 as a low price target for the stock while placing it at a high target of 25. It follows that stock’s current price would drop -20.83% in reaching the projected high whereas dropping to the targeted low would mean a loss of -20.83% for stock’s current value.

Gates Industrial Corporation plc (GTES) estimates and forecasts

This year revenue growth is estimated to fall -0.92% from the last financial year’s standing.

8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 823.56M for the same. And 8 analysts are in estimates of company making revenue of 866.97M in the next quarter. Company posted 862.6M and 885.5M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -20.79% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 2.02% while estimates for its earnings growth in next 5 years are of 9.76%.

Gates Industrial Corporation plc (NYSE:GTES)’s Major holders

Insiders are in possession of 1.43% of company’s total shares while institution are holding 109.11 percent of that, with stock having share float percentage of 110.70%. Investors also watch the number of corporate investors in a company very closely, which is 109.11% institutions for Gates Industrial Corporation plc that are currently holding shares of the company. BLACKSTONE INC. is the top institutional holder at GTES for having 51.88 million shares of worth $820.17 million. And as of 2024-06-30, it was holding 19.8427 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 20.36 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.7892 of outstanding shares, having a total worth of $321.96 million.

On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and ALLSPRING FUNDS TRUST-Allspring Special Mid Cap Value Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 14.06 shares of worth $244.3 million or 5.45% of the total outstanding shares. The later fund manager was in possession of 9.67 shares on Feb 28, 2025 , making its stake of worth around $168.14 million in the company or a holder of 3.75% of company’s stock.