Gates Industrial moved 6.78% this afternoon session, trading between a high of $13.37 and a low of $13.1 per share. Yesterday the stock finished at $13.4 per share, compared to an average analyst target price of $13.4.
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. The mid-cap general industrial machinery & equipment company is based in the United States, and over the last twelve months it has returned a dividend yield of 0.0%. Gates Industrial has trailing twelve months earnings per share (EPS) of 0.66, which at today's prices amounts to a price to earnings (P/E) ratio of 19.89.
GTES has a revenue per share ratio of 12.14 and an enterprise value to revenue ratio of 1.525, based on its total revenue of $3,476,500,000. The company's revenues have a year-on-year growth rate of -0.2%, compared to a YoY growth rate of -21.5% for its earnings.