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NYSE: GTES
Gates Industrial Corp PLC Stock Forecast, Predictions & Price Target

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Analyst price target for GTES

Based on 8 analysts offering 12 month price targets for Gates Industrial Corp PLC.
Min Forecast
$11.00+12.7%
Avg Forecast
$14.19+45.37%
Max Forecast
$18.00+84.43%

Should I buy or sell GTES stock?

Based on 9 analysts offering ratings for Gates Industrial Corp PLC.
Buy
Strong Buy
4 analysts 44.44%
Buy
0 analysts 0%
Hold
5 analysts 55.56%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GTES stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Evercore ISI Group
Top 28%
73
HoldDowngrades$13.50+38.32%2022-08-11
RBC Capital
Bottom 13%
13
HoldMaintains$11.00+12.70%2022-08-08
Citigroup
Top 3%
98
Strong BuyMaintains$14.00+43.44%2022-08-08
KeyBanc
Top 6%
95
Strong BuyMaintains$15.00+53.69%2022-07-12
Barclays
Top 30%
71
HoldMaintains$14.00+43.44%2022-07-08
Goldman Sachs
Top 4%
97
Strong BuyMaintains$15.00+53.69%2022-06-23
Morgan Stanley
Top 9%
92
HoldMaintains$13.00+33.20%2022-05-31
Anonymous
Morgan Stanley
HoldMaintains$15.00+53.69%2022-05-05
KeyBanc
Bottom 11%
11
Strong BuyMaintains$18.00+84.43%2022-05-05
Wolfe Research
Bottom 17%
17
HoldDowngradesN/AN/A2022-04-06

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Forecast return on equity

Is GTES forecast to generate an efficient return?
Company
14.03%
Industry
32.83%
Market
110.02%
GTES's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is GTES forecast to generate an efficient return on assets?
Company
5.76%
Industry
11.08%
GTES is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

GTES earnings per share forecast

What is GTES's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.03+35.53%
Avg 2 year Forecast
$1.07+40.79%
Avg 3 year Forecast
$1.47+93.42%
GTES's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

GTES revenue forecast

What is GTES's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$3.6B+3.48%
Avg 2 year Forecast
$3.7B+5.21%
Avg 3 year Forecast
$3.7B+6.88%
GTES's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GTES earnings growth forecast

How is GTES forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
24.23%
Industry
14.1%
Market
19.13%
GTES's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GTES's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
GTES's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

GTES revenue growth forecast

How is GTES forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
2.56%
Industry
4.67%
Market
8.53%
GTES's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GTES's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GTES vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
GTES$9.76$14.19+45.37%Buy
JBT$86.00$138.75+61.34%Buy
HI$36.72$64.50+75.65%Strong Buy
XMTR$56.79$57.67+1.54%Strong Buy
SPXC$55.22N/AN/AHold

Gates Industrial Stock Forecast FAQ

Is Gates Industrial Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: GTES) stock is to Buy GTES stock.

Out of 9 analysts, 4 (44.44%) are recommending GTES as a Strong Buy, 0 (0%) are recommending GTES as a Buy, 5 (55.56%) are recommending GTES as a Hold, 0 (0%) are recommending GTES as a Sell, and 0 (0%) are recommending GTES as a Strong Sell.

If you're new to stock investing, here's how to buy Gates Industrial stock.

What is GTES's earnings growth forecast for 2022-2024?

(NYSE: GTES) Gates Industrial's forecast annual earnings growth rate of 24.23% is forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 14.1%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 19.13%.

Gates Industrial's earnings in 2022 is $216,900,000.On average, 2 Wall Street analysts forecast GTES's earnings for 2022 to be $290,755,025, with the lowest GTES earnings forecast at $287,932,161, and the highest GTES earnings forecast at $296,400,754. On average, 2 Wall Street analysts forecast GTES's earnings for 2023 to be $302,046,482, with the lowest GTES earnings forecast at $293,577,889, and the highest GTES earnings forecast at $310,515,075.

In 2024, GTES is forecast to generate $414,961,055 in earnings, with the lowest earnings forecast at $414,961,055 and the highest earnings forecast at $414,961,055.

What is GTES's revenue growth forecast for 2022-2024?

(NYSE: GTES) Gates Industrial's forecast annual revenue growth rate of 2.56% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 4.67%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.53%.

Gates Industrial's revenue in 2022 is $3,478,200,000.On average, 2 Wall Street analysts forecast GTES's revenue for 2022 to be $1,016,022,263,240, with the lowest GTES revenue forecast at $1,015,948,868,768, and the highest GTES revenue forecast at $1,016,095,657,713. On average, 2 Wall Street analysts forecast GTES's revenue for 2023 to be $1,032,965,094,889, with the lowest GTES revenue forecast at $1,018,788,670,274, and the highest GTES revenue forecast at $1,047,141,519,504.

In 2024, GTES is forecast to generate $1,049,351,822,267 in revenue, with the lowest revenue forecast at $1,049,351,822,267 and the highest revenue forecast at $1,049,351,822,267.

What is GTES's forecast return on assets (ROA) for 2022-2024?

(NYSE: GTES) forecast ROA is 5.76%, which is lower than the forecast US Specialty Industrial Machinery industry average of 11.08%.

What is GTES's Price Target?

According to 8 Wall Street analysts that have issued a 1 year GTES price target, the average GTES price target is $14.19, with the highest GTES stock price forecast at $18.00 and the lowest GTES stock price forecast at $11.00.

On average, Wall Street analysts predict that Gates Industrial's share price could reach $14.19 by Aug 11, 2023. The average Gates Industrial stock price prediction forecasts a potential upside of 45.37% from the current GTES share price of $9.76.

What is GTES's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: GTES) Gates Industrial's current Earnings Per Share (EPS) is $0.76. On average, analysts forecast that GTES's EPS will be $1.03 for 2022, with the lowest EPS forecast at $1.02, and the highest EPS forecast at $1.05. On average, analysts forecast that GTES's EPS will be $1.07 for 2023, with the lowest EPS forecast at $1.04, and the highest EPS forecast at $1.10. In 2024, GTES's EPS is forecast to hit $1.47 (min: $1.47, max: $1.47).

What is GTES's forecast return on equity (ROE) for 2022-2024?

(NYSE: GTES) forecast ROE is 14.03%, which is considered weak.
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