GTES Stock Summary and Trading Ideas (Gates Industrial PLC | NYSE:GTES)

Gates Industrial Corp PLC is a manufacturer of engineered power transmission and fluid power solutions. The company has two operating segments; Power Transmission and Fluid Power segments. The Power Transmission solutions convey power and control motion. It is used in applications in which belts, chains, cables, geared transmissions, or direct drives transfer power from an engine or motor to another part or system. The Fluid power solutions are used in applications in which hoses and rigid tubing assemblies either transfer power hydraulically or convey fluids, gases, or granular materials from one location to another. The company generates key revenue from the Power Transmission segment. Company operates in USA, United Kingdom, Luxembourg, EMEA, with majority revenue from USA.

Gates Industrial PLC trades on the NYSE stock market under the symbol GTES.

As of January 12, 2026, GTES stock price declined to $22.45 with 1,406,691 million shares trading.

GTES has a beta of 1.47, meaning it tends to be more sensitive to market movements. GTES has a correlation of 0.49 to the broad based SPY ETF.

GTES has a market cap of $5.80 billion. This is considered a Mid Cap stock.

Last quarter Gates Industrial PLC reported $856 million in Revenue and $.39 earnings per share. This fell short of revenue expectation by $-5 million and exceeded earnings estimates by $.03.

In the last 3 years, GTES traded as high as $26.46 and as low as $10.68.

The top ETF exchange traded funds that GTES belongs to (by Net Assets): IJR, VTI, VB, VBR, VXF.

GTES has underperformed the market in the last year with a return of +13.7%, while the SPY ETF gained +21.0%. In the last 3 month period, GTES fell short of the market, returning -8.2%, while SPY returned +6.8%. However, in the most recent 2 weeks GTES has outperformed the stock market by returning +2.8%, while SPY returned +1.1%.

GTES support price is $22.33 and resistance is $23.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GTES shares will trade within this expected range on the day.