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1 Comment
Gates Industrial Corporation plc is currently in a long term uptrend where the price is trading 16.0% above its 200 day moving average.
From a valuation standpoint, the stock is 96.8% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.7.
Gates Industrial Corporation plc's total revenue rose by 284.9% to $3B since the same quarter in the previous year.
Its net income has increased by 363.9% to $90M since the same quarter in the previous year.
Finally, its free cash flow grew by 37.8% to $251M since the same quarter in the previous year.
Based on the above factors, Gates Industrial Corporation plc gets an overall score of 5/5.
Exchange | NYSE |
---|---|
CurrencyCode | USD |
Sector | Industrials |
Industry | Specialty Industrial Machinery |
ISIN | GB00BD9G2S12 |
Market Cap | 6B |
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PE Ratio | 26.78 |
Target Price | 23.8 |
Beta | 1.23 |
Dividend Yield | None |
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. It operates in two segments, Power Transmission and Fluid Power. The company offers synchronous or asynchronous belts, including V-belts, CVT belts, and Micro-V belts, as well as related components, such as sprockets, pulleys, water pumps, tensioners, and other accessories; solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; metal drive components; and kits for automotive replacement channels. It also provides fluid power solutions comprising stationary hydraulics, mobile hydraulics, vehicle systems, and other industrial application platforms; and hydraulics, including hoses, tubing, coupling, and fittings, as well as assemblies. The company's products are used in applications across various markets, including industrial off-highway, such as construction and agriculture; industrial on-highway commercial vehicles comprising heavy-duty trucks and buses, energy and resources, automotive, and personal mobility; and various industrial applications, such as automated manufacturing and logistics systems. It sells its products under the Gates brand. It offers its products to replacement channel customers, as well as to original equipment manufacturers. The company was founded in 1911 and is headquartered in Denver, Colorado.
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