Date | Price Target | Rating | Analyst |
---|---|---|---|
9/6/2024 | $19.00 | Equal-Weight | Morgan Stanley |
8/19/2024 | $20.00 → $22.00 | Sector Perform → Outperform | RBC Capital Mkts |
3/8/2024 | $20.00 | Peer Perform → Outperform | Wolfe Research |
2/29/2024 | $21.00 | Buy | Jefferies |
2/22/2024 | $18.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
6/20/2023 | $14.50 | Buy → Neutral | Goldman |
2/10/2023 | Overweight → Sector Weight | KeyBanc Capital Markets | |
8/11/2022 | $15.00 → $13.50 | Outperform → In-line | Evercore ISI |
Expanding its cutting-edge portfolio of data center cooling solutions, the Data Master™ Cooling Hose provides flexibility, performance, and cleanliness designed for high-performance computing environments DENVER, Sept. 10, 2024 /PRNewswire/ -- Gates (NYSE:GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, is continuing to drive innovation for the data center cooling market with the upcoming launch of the Data Master™ Data Center Cooling Hose. This fluid conveyance solution, a result of Gates Eco-Innovation™ process, is a further expansion into data center liquid cooling applications which are a rapidly growing segment within data cente
Sixth Annual Report Highlights Continued Progress in Four Pillars of Sustainability Strategy: Governance, Technology, Environment, and Stewardship DENVER, Sept. 6, 2024 /PRNewswire/ -- Gates (NYSE:GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, has published its annual Sustainability Report for 2023. The report highlights progress on the four pillars within the company's "GTES" Framework for sustainability strategy: Governance, Technology, Environment, and Stewardship. "Gates is an innovation-driven company striving
DENVER, Aug. 27, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that the Company will participate in Morgan Stanley's 12th Annual Laguna Conference in Dana Point, California, on Wednesday, September 11, 2024. Brooks Mallard, Chief Financial Officer, will present at 9:55 am Pacific time. To access a webcast of the presentation, please visit the Events & Presentations section of the Gates Investor Relations website at investors.gates.com and cl
Morgan Stanley initiated coverage of Gates Industrial with a rating of Equal-Weight and set a new price target of $19.00
RBC Capital Mkts upgraded Gates Industrial from Sector Perform to Outperform and set a new price target of $22.00 from $20.00 previously
Wolfe Research upgraded Gates Industrial from Peer Perform to Outperform and set a new price target of $20.00
4 - Gates Industrial Corp plc (0001718512) (Issuer)
4 - Gates Industrial Corp plc (0001718512) (Issuer)
4 - Gates Industrial Corp plc (0001718512) (Issuer)
DENVER, July 31, 2024 /PRNewswire/ -- Second-Quarter 2024 Financial Summary Second-quarter net sales of $885.5 million, down 5.4% compared to the prior-year period and representing a core sales decline of 4.0% year-over-year.Net income attributable to shareholders of $70.7 million, or $0.26 per diluted share.Adjusted Net Income per diluted share of $0.36.Net income from continuing operations of $77.9 million, or a margin of 8.8%.Adjusted EBITDA of $202.2 million, or a margin of 22.8%.Generated $72.8 million of operating cash flow year to date, compared to $183.9 million in the
DENVER, July 17, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) today announced that it has changed the time of its second-quarter 2024 webcast and conference call from 10 a.m. Eastern time to 9 a.m. Eastern time on Wednesday, July 31, 2024. The access information has not changed and is as follows: By dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) and requesting the Gates Industrial Corporation Second-Quarter 2024 Earnings Conference Call or providing the Conference ID of 5772067.Live webcast accessed through Gates Industrial's websit
DENVER, July 9, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) will issue its second-quarter earnings release before the market opens on Wednesday, July 31, 2024. Management will host a webcast and conference call on the same day at 10:00 a.m. Eastern time to discuss Gates Industrial's financial results. The conference call can be accessed as follows: By dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) and requesting the Gates Industrial Corporation Second-Quarter 2024 Earnings Conference Call or providing the Conference ID of 5772067.L
4 - Gates Industrial Corp plc (0001718512) (Issuer)
4 - Gates Industrial Corp plc (0001718512) (Issuer)
4 - Gates Industrial Corp plc (0001718512) (Issuer)
SC 13G - Gates Industrial Corp plc (0001718512) (Subject)
SC 13G/A - Gates Industrial Corp plc (0001718512) (Subject)
SC 13G/A - Gates Industrial Corp plc (0001718512) (Subject)
8-K - Gates Industrial Corp plc (0001718512) (Filer)
424B5 - Gates Industrial Corp plc (0001718512) (Filer)
FWP - Gates Industrial Corp plc (0001718512) (Subject)
As of July 17, 2024, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Gates Industrial Corporation PLC (NYSE:GTES) Gates Industrial is expected to issue its seco
Gates Industrial will replace Abercrombie & Fitch in the S&P SmallCap 600 effective prior to the opening of trading on Monday, July 22.
NEW YORK, July 16, 2024 /PRNewswire/ -- S&P SmallCap 600 constituent Abercrombie & Fitch Co. (NYSE:ANF) will replace Equitrans Midstream Corp. (NYSE:ETRN) in the S&P MidCap 400, and Gates Industrial Corporation plc (NYSE:GTES) will replace Abercrombie & Fitch in the S&P SmallCap 600 effective prior to the opening of trading on Monday, July 22. S&P 500 constituent EQT Corp. (NYSE:EQT) is acquiring Equitrans Midstream in a deal expected to close soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector July 22, 2024 S&P MidCap 400
DENVER, June 17, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) is pleased to announce the appointment of John Patouhas as Senior Vice President & Chief Accounting Officer, effective today, Monday, June 17, 2024. John will be responsible for the strategic direction of Gates' accounting function, including financial reporting, risk, controls, and compliance in accordance with applicable standards, laws and regulations. "John brings significant manufacturing finance leadership experience to Gates and we look forward to the benefit of his background and expert
DENVER, March 11, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a global manufacturer of innovative and highly engineered power transmission and fluid power solutions, extends a reminder to investors, analysts and other stakeholders to join its Capital Markets Day on Monday, March 11, 2024, starting at 1:00 p.m. Eastern Time at The New York Stock Exchange (NYSE). At the event, CEO Ivo Jurek and CFO Brooks Mallard, along with other members of Gates's leadership team will update investors on the Company's strategic priorities, growth opportunities, business