Gates Industrial Corporation PLC
General ticker "GTES" information:
- Sector: Industrials
- Industry: Machinery
- Capitalization: $5.7B
Gates Industrial Corporation PLC follows the US Stock Market performance with the rate: 67.9%.
Estimated limits based on current volatility of 1.9%: low 20.40$, high 21.17$
Factors to consider:
- Current price 34.3% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-30 to 2025-12-29
- 2023-12-30 to 2024-12-29 estimated range: [11.49$, 15.18$]
- 2024-12-29 to 2025-12-29 estimated range: [12.16$, 15.99$]
Financial Metrics affecting the GTES estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.35
- Positive: Operating cash flow per share per price, % of 14.28 > 12.76
- Positive: Industry inventory ratio change (median), % of -0.21 <= 0
- Positive: 9.05 < Operating profit margin, % of 12.96
- Positive: -0.96 < Investing cash flow per share, $ of -0.30
- Negative: Inventory ratio change, % of 1.39 > 1.08
Short-term GTES quotes
Long-term GTES plot with estimates
Financial data
| YTD | 2022-01-01 | 2022-12-31 | 2023-12-30 |
|---|---|---|---|
| Operating Revenue | $3,483.70MM | $3,554.00MM | $3,570.00MM |
| Operating Expenses | $2,999.60MM | $3,170.00MM | $3,107.40MM |
| Operating Income | $484.10MM | $384.00MM | $462.60MM |
| Non-Operating Income | $-134.40MM | $-126.20MM | $-177.30MM |
| Interest Expense | $133.50MM | $139.40MM | $163.20MM |
| R&D Expense | $70.70MM | $69.40MM | $0.00MM |
| Income(Loss) | $349.70MM | $257.80MM | $285.30MM |
| Taxes | $18.40MM | $14.90MM | $28.30MM |
| Other Income(Loss) | $0.00MM | $-0.40MM | $-0.60MM |
| Profit(Loss) | $331.30MM | $242.50MM | $256.40MM |
| Stockholders Equity | $3,099.70MM | $3,110.00MM | $3,220.20MM |
| Inventory | $682.60MM | $656.20MM | $647.20MM |
| Assets | $7,533.00MM | $7,191.60MM | $7,254.50MM |
| Operating Cash Flow | $382.40MM | $265.80MM | $481.00MM |
| Capital expenditure | $87.00MM | $87.00MM | $61.20MM |
| Investing Cash Flow | $-86.00MM | $-90.70MM | $-81.80MM |
| Financing Cash Flow | $-148.60MM | $-253.10MM | $-258.30MM |
| Earnings Per Share* | $1.02 | $0.78 | $0.86 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.