Gates Industrial Corporation Ltd. (GTES) Stock Price & Analysis
Gates Industrial Corporation Ltd. (GTES) closed at USD 25.92 on Wednesday, October 28, 2026, up 0.31% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 25.84; the Oct 28, 2026 session ranged USD 25.51–26.38 on volume of 2,184,312 shares. Market capitalization is $6.56B, with a 52-week range of USD 20.88–30.34 (NYQ). Source: Nexqual, retrieved October 29, 2026 at 04:00 UTC.
Also available as compact Markdown for AI agents: nexqual.com/GTES.md
Key facts (GTES)
- Last four reported quarters (through Jun 27, 2026): revenue $3.50B, net income $364M (10.4% margin), free cash flow $405M (SEC filings).
- Valuation: P/E 18.1x (avg 22.0x at the last 3 fiscal year-ends), EV/EBITDA 11.6x, net debt $1.41B.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $498K; 2 not under a Rule 10b5-1 plan ($498K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.17 on a 1–5 scale) (12 analysts), mean target USD 33.25 (range 29–39).
- Total return with dividends: 1Y +15.2% vs S&P 500 +13.6%; 5Y +57.7% vs S&P 500 +79.8%.
- Next earnings: 2026-10-30, EPS estimate USD 0.44, revenue estimate $905M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (GTES)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.47B | $3.55B | $3.57B | $3.41B | $3.44B | $3.50B |
| Gross profit | $1.34B | $1.25B | $1.36B | $1.36B | $1.37B | — |
| Operating income | $484M | $384M | $460M | $472M | $465M | $465M |
| Net income | $297M | $221M | $233M | $195M | $251M | $364M |
| EPS (diluted) | $1.00 | $0.77 | $0.84 | $0.74 | $0.96 | — |
| Free cash flow | $305M | $188M | $420M | $297M | $405M | $405M |
| Gross margin | 38.5% | 35.2% | 38.1% | 39.9% | 39.8% | — |
| Operating margin | 13.9% | 10.8% | 12.9% | 13.9% | 13.5% | 13.3% |
| Net margin | 8.6% | 6.2% | 6.5% | 5.7% | 7.3% | 10.4% |
| Revenue growth | +24.4% | +2.3% | +0.5% | -4.5% | +1.0% | — |
| Cash + short-term investments | $658M | $578M | $721M | $682M | $812M | — |
| Total debt | $2.56B | $2.46B | $2.45B | $2.35B | $2.23B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 27, 2026) (GTES)
P/E 18.1x · P/S 1.9x · EV/EBITDA 11.6x · EV/Sales 2.3x · P/FCF 16.2x · P/B 1.9x · FCF yield 6.18% · Earnings yield 5.54% · Buyback yield (TTM) 2.21% · Net debt $1.41B · EV $7.97B
P/E at fiscal year-ends: Dec 2025 22.3x, Dec 2024 27.9x, Dec 2023 15.9x.
Insider sales (SEC Form 4, open-market, last ~7 months) (GTES)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-06 | Zhang Peifang | Director | 6,000 | $172K | 12% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-04…2026-08-05 | Zhang Peifang | Director | 11,000 | $326K | 18% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (GTES)
Consensus Buy (mean 2.17 on a 1–5 scale), 12 analysts; mean target USD 33.25 (low 29, high 39).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-01 | DA Davidson | Initiated | Neutral | $29 |
| 2026-08-11 | Evercore ISI Group | Target raised | In-Line | $30 → $32 |
| 2026-08-03 | Citigroup | Target raised | Buy | $33 → $35 |
| 2026-08-03 | RBC Capital | Target raised | Outperform | $33 → $34 |
| 2026-08-03 | JP Morgan | Target raised | Overweight | $32 → $34 |
| 2026-08-03 | Wells Fargo | Target raised | Equal-Weight | $26 → $30 |
| 2026-08-03 | Keybanc | Target raised | Overweight | $31 → $34 |
| 2026-08-03 | Baird | Target raised | Outperform | $37 → $39 |
| 2026-07-16 | RBC Capital | Target raised | Outperform | $30 → $33 |
Total return (dividends reinvested) (GTES)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +15.2% | +57.7% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | +15.3% | +9.5% |
| Volatility (annualized) | 39.0% | 34.3% |
| Max drawdown | -25.0% (Feb 2026→Mar 2026) | -46.3% (Nov 2021→Sep 2022) |
GTES earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.44 | $0.42 | Beat +4.8% | — |
| — | Quarter ended Mar 31, 2026 | $0.35 | $0.33 | Beat +6.1% | — |
| — | Quarter ended Dec 31, 2025 | $0.38 | $0.37 | Beat +2.7% | — |
| — | Quarter ended Sep 30, 2025 | $0.39 | $0.37 | Beat +5.4% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
GTES recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Aug 6, 2026 | Schedule 13G | BlackRock, Inc.: 11.6% of shares, passive 5%+ holder |
| Aug 6, 2026 | Schedule 13G/A | BlackRock, Inc.: 0.0% of shares, passive 5%+ holder (amended) |
| Aug 6, 2026 | Schedule 13G/A | FMR LLC, Abigail P. Johnson: 7.7% of shares, passive 5%+ holder (amended) |
| Jul 31, 2026 | 10-Q | Quarterly report · period ended Jun 27, 2026 |
| Jul 31, 2026 | 8-K | Quarterly results |
| Jul 30, 2026 | 15-12G | Deregistration |
| Jul 20, 2026 | 25-NSE | Removal from exchange listing |
| Jul 16, 2026 | 8-K | Other material event “On July 16, 2026, Gates Industrial Corporation plc ("Old Gates" and together with its subsidiaries, the "Gates Group") and Gates Industrial Corporation Ltd., a Bermuda exempted company limited by shares ("New Gates"), received approval from the High Court of Justice of England and Wales of a statutory scheme of arrangement under English law (the "Scheme"), previously approved by Old Gates shareholders on June 25, 2026. Pursuant to the Scheme, as previously disclosed, New Gates will become the parent holding…” |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
GTES company outlook (results filed Jul 31, 2026)
- “The Company is raising its full year 2026 financial guidance.”
- “The table below reflects our updated full year 2026 financial guidance.”
- “Because GAAP financial measures on a forward-looking basis are not accessible, and reconciling information is not available without unreasonable effort, we have not provided reconciliations for forward-looking non-GAAP measures, including expected Core Sales Growth, Adjusted EBITDA, Adjusted Earnings per Share and Free Cash Flow conversion for 2026.”
Quoted word-for-word from the SEC 8-K results press release.
GTES analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.44 | $0.43 | +1.8% | $904.7M | 12 |
| Next quarter (ends Dec 2026) | $0.45 | $0.45 | +1.1% | $915.7M | 11 |
| Current fiscal year (ends Dec 2026) | $1.68 | $1.64 | +2.6% | $3.61B | 12 |
| Next fiscal year (ends Dec 2027) | $1.92 | $1.88 | +1.9% | $3.79B | 12 |
Key Statistics (as of October 29, 2026 at 04:00 UTC)
| Price | USD 25.92 |
|---|---|
| Change | ▲ 0.31% (up) |
| Previous Close | USD 25.84 |
| Open | USD 26.28 |
| Day Range | USD 25.51 – 26.38 |
| 52-Week Range | USD 20.88 – 30.34 |
| Volume | 2,184,312 shares |
| Market Cap | $6.56B |
| Exchange | NYQ |
Technical Analysis (GTES)
Nexqual's technical model rates GTES "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 29, 2026 at 04:00 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 48.23 (neutral) |
| vs SMA50 | Below (USD 26.09) |
| MACD | -0.21 (negative) |
Analyst Ratings (GTES)
Wall Street analysts rate GTES "Buy" based on 12 analysts, with a mean price target of USD 33.25 (range USD 29–39), per Nexqual as of October 29, 2026 at 04:00 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 12 |
| Mean Target | USD 33.25 |
| High Target | USD 39 |
| Low Target | USD 29 |
| Buy / Hold / Sell | 8 / 4 / 0 |
Earnings (GTES)
| Next Earnings Date | 2026-10-30 |
|---|---|
| EPS Estimate | USD 0.44 |
| Revenue Estimate | $904.74M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.44 vs est 0.42 ▲ beat |
| 2026-03-31 | USD 0.35 vs est 0.33 ▲ beat |
| 2025-12-31 | USD 0.38 vs est 0.37 ▲ beat |
| 2025-09-30 | USD 0.39 vs est 0.37 ▲ beat |
Source: Nexqual, October 29, 2026 at 04:00 UTC.
Financials & Fundamentals (GTES)
| Total Revenue | $3.50B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +6.60% |
| Gross Margin | +40.53% |
| Operating Margin | +15.35% |
| Profit Margin | +10.37% |
| ROE | +10.38% |
| Debt / Equity | 0.61 |
| Current Ratio | 3.24 |
| Total Cash | $826.50M |
| Total Debt | $2.36B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $405.30M (11.6% of revenue) |
Source: Nexqual, October 29, 2026 at 04:00 UTC.
Financial Health Score (GTES)
Nexqual rates Gates Industrial Corporation Ltd.'s overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 04:00 UTC.
| Growth | Mixed — Revenue +1.0% YoY (annual), slow |
|---|---|
| Profitability | Solid — Gross margin 40%, operating 13% (last 4 quarters to Jun 2026, SEC) |
| Balance Sheet | Strong — $824M cash and investments vs $2.23B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $405M (last 4 quarters to Jun 2026, SEC), 12% margin |
| Efficiency | Mixed — ROE 10%, ROA 4.9% (last 4 quarters, SEC) |
Ownership (GTES)
| Insider Ownership | +1.98% |
|---|---|
| Institutional Ownership | +102.63% |
| Shares Outstanding | 253.15M |
| Float | 247.59M |
| Short % of Float | +5.33% |
Source: Nexqual, October 29, 2026 at 04:00 UTC.
Leadership (GTES)
Gates Industrial Corporation Ltd. is led by Ivo Jurek, CEO & Director, per Nexqual as of October 29, 2026 at 04:00 UTC.
| CEO & Director | Ivo Jurek |
|---|---|
| Executive VP & CFO | L. Brooks Mallard C.F.A. |
| Senior VP & President of Americas | Thomas G. Pitstick |
| Vice President of Investor Relations | Richard Michael Kwas C.F.A. |
| Senior Vice President of Human Resources | Holly Perkins |
Major Backers & Investors (GTES)
Notable institutional backers of Gates Industrial Corporation Ltd. include FMR, LLC, Allspring Global Investments Holdings, LLC, ALLSPRING FUNDS TRUST-Allspring Special Mid Cap Value Fund, according to Nexqual as of October 29, 2026 at 04:00 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 7.74% |
| Allspring Global Investments Holdings, LLC | 4.79% |
| ALLSPRING FUNDS TRUST-Allspring Special Mid Cap Value Fund | 3.83% |
| JPMorgan | 3.25% |
| Invesco | 2.85% |
| Neuberger Berman Group, LLC | 2.83% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 11.89% |
| Vanguard Group | 9.72% |
| Dimensional Fund Advisors | 4.71% |
| State Street | 3.31% |
Source: Nexqual, October 29, 2026 at 04:00 UTC.
From Gates Industrial Corporation Ltd.'s Latest SEC 10-K Filing (filed 2026-02-12)
Key Strengths & Strategy (as disclosed to the SEC)
- As of December 31, 2025, we held more than 2,300 patents and patent applications and 3,500 trademarks in various jurisdictions, and have elected to protect a variety of technologies and processes as trade secrets.
- In 1963, we built the first of many international facilities in Erembodegem, Belgium, followed by Jacarei, Brazil, in 1973.
- We believe that enhancing our brand visibility, including through our OEM presence in these emerging markets will allow us to better develop the aftermarket channels as they mature over time.
- Our commercial capabilities are complemented by our "in-region, for region" manufacturing footprint, which generally allows us to manufacture products in close proximity to our customers around the world.
Legal & Regulatory Risks (Item 1A, quoted)
- We may be subject to recalls or product liability claims, or may incur costs related to product warranties, which could have a material adverse impact on our business, financial condition, and results of operations.
- Failure to develop, obtain, adequately protect or enforce our IP rights could adversely affect our business, and third parties could allege that our products infringe on their IP rights, adversely affecting our business.
- We are subject to anti-corruption laws in various jurisdictions, as well as other laws governing our international operations. If we fail to comply with these laws we could be subject to civil or criminal penalties, other remedial measures, and legal expenses.
- We are subject to risks from litigation, legal and regulatory proceedings and obligations, and our insurance may not provide coverage or may not fully cover future losses we may incur related to these proceedings and obligations or otherwise.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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| GNRC | Generac Holdlings Inc. | USD 201.34 | ▲ 3.94% |
| INIO | INNIO N.V. | USD 18.35 | ▲ 8.07% |
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 04:00 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt