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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for GTES

Based on 8 analysts offering 12 month price targets for Gates Industrial Corp PLC

Min Forecast
$16.00-29.33%
Avg Forecast
$21.63-4.48%
Max Forecast
$26.00+14.84%

Should I buy or sell GTES stock?

Based on 8 analysts offering ratings for Gates Industrial Corp PLC.

Buy
Strong Buy
3 analysts 37.5%
Buy
2 analysts 25%
Hold
3 analysts 37.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model agrees with analyst consensus with a "Buy" rating. Learn More

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GTES stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-12-06
lockedlocked$00.00+00.00%2024-12-05
lockedlocked$00.00+00.00%2024-11-21
lockedlocked$00.00+00.00%2024-09-06
lockedlocked$00.00+00.00%2024-08-19
Evercore ISI Group
Top 15%
86
HoldMaintains$16.00-29.33%2024-08-19
Baird
Top 14%
87
BuyMaintains$22.00-2.83%2024-08-01
Goldman Sachs
Top 4%
97
HoldMaintains$20.00-11.66%2024-08-01

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Forecast return on equity

Is GTES forecast to generate an efficient return?

Company
N/A
Industry
103.85%
Market
70.65%

Forecast return on assets

Is GTES forecast to generate an efficient return on assets?

Company
N/A
Industry
11.25%

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
$1.26+50%
Avg 2 year Forecast
$1.46+73.81%
Avg 3 year Forecast
$1.75+108.33%
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
$3.4B-1.19%
Avg 2 year Forecast
$3.5B+2.5%
Avg 3 year Forecast
$3.7B+6.19%
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
27.09%
Industry
11.11%
Market
17.31%
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
2.02%
Industry
4.68%
Market
8.88%
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$22.64$21.63-4.48%Buy
SMR$25.70$17.50-31.91%Strong Buy
FELE$106.57$105.00-1.47%Hold
KAI$408.16$330.00-19.15%Buy
CSWI$415.77$425.00+2.22%Hold
View Top Specialty Industrial Machinery Stocks

Gates Industrial Stock Forecast FAQ

Is Gates Industrial Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: GTES) stock is to Buy GTES stock.

Out of 8 analysts, 3 (37.5%) are recommending GTES as a Strong Buy, 2 (25%) are recommending GTES as a Buy, 3 (37.5%) 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 2024-2026?

(NYSE: GTES) Gates Industrial's forecast annual earnings growth rate of 27.09% is forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 11.11%, and it is also forecast to beat the US market's average forecast earnings growth rate of 17.31%.

Gates Industrial's earnings in 2024 is $221,200,000.On average, 2 Wall Street analysts forecast GTES's earnings for 2024 to be $320,944,482, with the lowest GTES earnings forecast at $318,397,304, and the highest GTES earnings forecast at $323,491,661. On average, 2 Wall Street analysts forecast GTES's earnings for 2025 to be $371,888,051, with the lowest GTES earnings forecast at $366,793,694, and the highest GTES earnings forecast at $376,982,408.

In 2026, GTES is forecast to generate $445,756,225 in earnings, with the lowest earnings forecast at $445,756,225 and the highest earnings forecast at $445,756,225.

What is GTES's revenue growth forecast for 2024-2026?

(NYSE: GTES) Gates Industrial's forecast annual revenue growth rate of 2.02% is not forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 4.68%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.88%.

Gates Industrial's revenue in 2024 is $3,442,100,000.On average, 2 Wall Street analysts forecast GTES's revenue for 2024 to be $866,327,223,773, with the lowest GTES revenue forecast at $864,830,756,446, and the highest GTES revenue forecast at $867,823,691,101. On average, 2 Wall Street analysts forecast GTES's revenue for 2025 to be $898,654,738,818, with the lowest GTES revenue forecast at $884,125,633,053, and the highest GTES revenue forecast at $913,183,844,582.

In 2026, GTES is forecast to generate $931,043,386,144 in revenue, with the lowest revenue forecast at $910,616,288,725 and the highest revenue forecast at $951,470,483,564.

What is GTES's forecast return on assets (ROA) for 2024-2027?

(NYSE: GTES) forecast ROA is N/A, which is lower than the forecast US Specialty Industrial Machinery industry average of 11.25%.

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 $21.63, with the highest GTES stock price forecast at $26.00 and the lowest GTES stock price forecast at $16.00.

On average, Wall Street analysts predict that Gates Industrial's share price could fall to $21.63 by Dec 6, 2025. The average Gates Industrial stock price prediction forecasts a potential downside of 4.48% from the current GTES share price of $22.64.

What is GTES's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: GTES) Gates Industrial's current Earnings Per Share (EPS) is $0.84. On average, analysts forecast that GTES's EPS will be $1.26 for 2024, with the lowest EPS forecast at $1.25, and the highest EPS forecast at $1.27. On average, analysts forecast that GTES's EPS will be $1.46 for 2025, with the lowest EPS forecast at $1.44, and the highest EPS forecast at $1.48. In 2026, GTES's EPS is forecast to hit $1.75 (min: $1.75, max: $1.75).

What is GTES's forecast return on equity (ROE) for 2024-2027?

(NYSE: GTES) forecast ROE is N/A, which is considered weak.
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