Gates Industrial Corporation plc (NYSE: GTES) open the trading on Wednesday, with a bit cautious approach as it glided -0.75% to $18.55, before settling in for the price of $18.69 at the close. Taking a more long-term approach, GTES posted a 52-week range of $10.68-$19.07.
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It was noted that the giant of the Industrials sector posted annual sales growth of 1.97% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 0.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -3.82%. This publicly-traded company’s shares outstanding now amounts to $264.26 million, simultaneously with a float of $257.68 million. The organization now has a market capitalization sitting at $5.22 billion. At the time of writing, stock’s 50-day Moving Average stood at $17.53, while the 200-day Moving Average is $16.39.
Gates Industrial Corporation plc (GTES) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Specialty Industrial Machinery industry. Gates Industrial Corporation plc’s current insider ownership accounts for 8.50%, in contrast to 77.61% institutional ownership. According to the most recent insider trade that took place on Aug 21 ’24, this organization’s Director bought 11,952 shares at the rate of 16.80, making the entire transaction reach 200,794 in total value, affecting insider ownership by 6,000. Preceding that transaction, on Aug 21 ’24, Company’s 10% Owner sold 30,539,203 for 16.58, making the whole transaction’s value amount to 506,339,986. This particular insider is now the holder of 31,805 in total.
Gates Industrial Corporation plc (GTES) Earnings and Revenue Records
Gates Industrial Corporation plc’s EPS decrease for this current 12-month fiscal period is -3.82% and is forecasted to reach 1.54 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.00% through the next 5 years, which can be compared against the 0.10% growth it accomplished over the previous five years trading on the market.
Gates Industrial Corporation plc (NYSE: GTES) Trading Performance Indicators
Let’s observe the current performance indicators for Gates Industrial Corporation plc (GTES). It’s Quick Ratio in the last reported quarter now stands at 2.20. The Stock has managed to achieve an average true range (ATR) of 0.41. Alongside those numbers, its PE Ratio stands at $19.62, and its Beta score is 1.40. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.50. Similarly, its price to free cash flow for trailing twelve months is now 17.70.
In the same vein, GTES’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.95, a figure that is expected to reach 0.31 in the next quarter, and analysts are predicting that it will be 1.54 at the market close of one year from today.
Technical Analysis of Gates Industrial Corporation plc (GTES)
[Gates Industrial Corporation plc, GTES] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 89.96% While, its Average True Range was 0.40.
Raw Stochastic average of Gates Industrial Corporation plc (GTES) in the period of the previous 100 days is set at 86.77%, which indicates a major fall in contrast to 88.02% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 20.11% that was lower than 30.97% volatility it exhibited in the past 100-days period.
