Gates Industrial (GTES) Stock Forecast, Price Target & Predictions
GTES Stock Forecast
Gates Industrial stock forecast is as follows: an average price target of $19.00 (represents a 11.31% upside from GTES’s last price of $17.07) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
GTES Price Target
The average price target for Gates Industrial (GTES) is $19.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $13.00. This represents a potential 11.31% upside from GTES's last price of $17.07.
GTES Analyst Ratings
According to 7 Wall Street analysts, Gates Industrial's rating consensus is 'Buy'. The analyst rating breakdown for GTES stock is 0 'Strong Buy' (0.00%), 5 'Buy' (71.43%), 2 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Gates Industrial Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 06, 2024 | Chris Snyder | Morgan Stanley | $19.00 | $16.67 | 13.98% | 11.31% |
| Aug 19, 2024 | Deane Dray | RBC Capital | $22.00 | $17.81 | 23.53% | 28.88% |
| Aug 01, 2024 | Michael Halloran | Robert W. Baird | $22.00 | $18.59 | 18.34% | 28.88% |
| Jul 31, 2024 | Jerry Revich | Goldman Sachs | $20.00 | $18.59 | 7.58% | 17.16% |
| Mar 13, 2024 | Nigel Coe | Wolfe Research | $21.00 | $17.35 | 21.04% | 23.02% |
| Mar 12, 2024 | Jeffrey Hammond | KeyBanc | $21.00 | $17.09 | 22.88% | 23.02% |
| Mar 08, 2024 | Nigel Coe | Wolfe Research | $20.00 | $16.23 | 23.23% | 17.16% |
| Feb 22, 2024 | Jeffrey Hammond | KeyBanc | $18.00 | $14.34 | 25.52% | 5.45% |
| Oct 03, 2022 | - | Barclays | $13.00 | $9.98 | 30.26% | -23.84% |
| Aug 08, 2022 | - | Citigroup | $14.00 | $12.01 | 16.57% | -17.98% |
The latest Gates Industrial stock forecast, released on Sep 06, 2024 by Chris Snyder from Morgan Stanley, set a price target of $19.00, which represents a 13.98% increase from the stock price at the time of the forecast ($16.67), and a 11.31% increase from GTES last price ($17.07).
Gates Industrial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 8 |
| Avg Price Target | $20.50 | $20.75 | $20.38 |
| Last Closing Price | $17.07 | $17.07 | $17.07 |
| Upside/Downside | 20.09% | 21.56% | 19.39% |
In the current month, the average price target of Gates Industrial stock is $20.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 20.09% increase as opposed to Gates Industrial's last price of $17.07. This month's average price target is down -1.20% compared to last quarter, and up 0.59% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 06, 2024 | Morgan Stanley | Equal-Weight | Positive | Initialise |
| Aug 19, 2024 | RBC Capital | Sector Perform | Outperform | Upgrade |
| Jul 31, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Apr 08, 2024 | Citigroup | Buy | Buy | Hold |
| Apr 04, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Mar 12, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Mar 08, 2024 | Wolfe Research | - | Outperform | Upgrade |
| Feb 22, 2024 | KeyBanc | - | Overweight | Upgrade |
| Dec 09, 2022 | Citigroup | Buy | Buy | Hold |
| Oct 03, 2022 | Barclays | Equal-Weight | Equal-Weight | Hold |
Gates Industrial's last stock rating was published by Morgan Stanley on Sep 06, 2024. The company Initialise its GTES rating from "Equal-Weight" to "Positive".
Gates Industrial Financial Forecast
Gates Industrial Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $863.30M | $872.90M | $936.30M | $897.70M | $893.30M | $860.70M | $906.80M | $893.40M | $815.00M | $893.40M | $906.80M | $860.70M | - | $881.30M | $915.10M | $862.40M | $794.20M | $710.10M | $576.50M | $712.20M | $725.70M | $804.90M |
| Avg Forecast | $877.31M | $877.77M | $934.20M | $906.80M | $843.30M | $839.37M | $893.04M | $869.43M | $862.59M | $878.08M | $932.95M | $905.11M | $849.61M | $894.90M | $916.19M | $866.31M | $815.72M | $852.86M | $908.16M | $862.58M | $722.59M | $694.11M | $562.18M | $711.28M | $720.80M | $748.32M | $846.93M | $849.68M | $594.08M | $2.21B |
| High Forecast | $886.69M | $887.15M | $944.19M | $916.50M | $852.31M | $842.11M | $902.59M | $878.72M | $871.81M | $883.80M | $942.92M | $914.78M | $858.69M | $904.46M | $916.19M | $877.20M | $825.97M | $863.58M | $919.58M | $873.42M | $731.67M | $702.83M | $569.25M | $720.22M | $729.86M | $757.72M | $857.58M | $860.36M | $712.89M | $2.66B |
| Low Forecast | $865.95M | $866.40M | $922.10M | $895.06M | $832.37M | $836.62M | $881.48M | $858.17M | $851.42M | $870.30M | $920.86M | $893.39M | $838.61M | $883.31M | $916.19M | $856.43M | $806.42M | $843.13M | $897.80M | $852.74M | $714.35M | $686.19M | $555.77M | $703.17M | $712.58M | $739.78M | $837.27M | $839.99M | $475.26M | $1.77B |
| # Analysts | 2 | 2 | 2 | 2 | 3 | 5 | 3 | - | 1 | 7 | 5 | 6 | 5 | 2 | 2 | 2 | 3 | 4 | 5 | 9 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | 1.00% | 0.99% | 1.00% | 0.99% | 1.05% | 0.96% | 0.99% | 1.03% | 1.00% | 1.05% | 1.00% | 1.00% | - | 1.27% | 1.63% | 1.21% | 1.10% | 0.95% | 0.68% | 0.84% | 1.22% | 0.36% |
Gates Industrial's average Quarter revenue forecast for Mar 24 based on 0 analysts is $869.43M, with a low forecast of $858.17M, and a high forecast of $878.72M. GTES's average Quarter revenue forecast represents a 0.71% increase compared to the company's last Quarter revenue of $863.30M (Dec 23).
Gates Industrial EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 3 | 5 | 3 | - | 1 | 7 | 5 | 6 | 5 | 2 | 2 | 2 | 3 | 4 | 5 | 9 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | $120.30M | $125.90M | $129.10M | $147.20M | $125.30M | $160.10M | $170.90M | $124.80M | $128.60M | $114.50M | $152.20M | $148.00M | - | $175.10M | $198.00M | $173.40M | $130.60M | $37.70M | $64.70M | $115.50M | $119.40M | $168.20M |
| Avg Forecast | $165.79M | $165.87M | $176.54M | $171.36M | $159.36M | $158.62M | $168.76M | $113.35M | $163.01M | $165.93M | $176.30M | $103.05M | $160.55M | $190.74M | $173.13M | $93.68M | $63.66M | $173.40M | $165.00M | $163.80M | $123.73M | $47.64M | $151.40M | $25.92M | $112.77M | $82.63M | $165.43M | $168.20M | $110.53M | $134.12M |
| High Forecast | $167.56M | $167.65M | $178.42M | $173.19M | $161.06M | $159.14M | $170.56M | $136.03M | $164.75M | $167.01M | $178.18M | $123.66M | $162.27M | $228.89M | $173.13M | $112.42M | $76.39M | $208.08M | $198.00M | $196.56M | $148.47M | $57.17M | $181.68M | $31.10M | $135.32M | $99.15M | $198.51M | $201.84M | $132.64M | $160.94M |
| Low Forecast | $163.64M | $163.73M | $174.25M | $169.14M | $157.30M | $158.10M | $166.57M | $90.68M | $160.89M | $164.46M | $174.02M | $82.44M | $158.47M | $152.59M | $173.13M | $74.95M | $50.93M | $138.72M | $132.00M | $131.04M | $98.98M | $38.12M | $121.12M | $20.73M | $90.21M | $66.10M | $132.34M | $134.56M | $88.43M | $107.29M |
| Surprise % | - | - | - | - | - | - | - | - | 0.74% | 0.76% | 0.73% | 1.43% | 0.78% | 0.84% | 0.99% | 1.33% | 2.02% | 0.66% | 0.92% | 0.90% | - | 3.68% | 1.31% | 6.69% | 1.16% | 0.46% | 0.39% | 0.69% | 1.08% | 1.25% |
0 analysts predict GTES's average Quarter EBITDA for Mar 24 to be $113.35M, with a high of $136.03M and a low of $90.68M. This is -5.77% lower than Gates Industrial's previous annual EBITDA (Dec 23) of $120.30M.
Gates Industrial Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 3 | 5 | 3 | - | 1 | 7 | 5 | 6 | 5 | 2 | 2 | 2 | 3 | 4 | 5 | 9 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 10 |
| Net Income | - | - | - | - | - | - | - | - | $62.90M | $78.70M | $64.90M | $26.40M | $84.90M | $51.90M | $53.10M | $30.90M | $70.00M | $70.20M | $96.90M | $67.30M | - | $76.50M | $105.40M | $78.20M | $32.50M | $35.50M | $-27.80M | $45.70M | $25.40M | $605.10M |
| Avg Forecast | $98.80M | $100.11M | $115.26M | $110.88M | $84.90M | $83.07M | $95.32M | $30.59M | $75.43M | $82.04M | $88.07M | $27.81M | $62.16M | $77.22M | $71.03M | $25.28M | $35.15M | $70.20M | $80.75M | $62.96M | $23.02M | $17.28M | $-52.42M | $24.48M | $18.32M | $22.19M | $23.04M | $613.70M | $50.40M | $50.68M |
| High Forecast | $100.17M | $101.50M | $116.86M | $112.42M | $86.08M | $85.67M | $96.65M | $36.71M | $76.48M | $87.33M | $89.30M | $33.37M | $63.03M | $92.66M | $71.03M | $30.34M | $42.17M | $84.24M | $96.90M | $75.55M | $27.63M | $20.74M | $-41.93M | $29.37M | $21.99M | $26.63M | $27.64M | $736.44M | $60.48M | $60.82M |
| Low Forecast | $97.13M | $98.42M | $113.32M | $109.01M | $83.47M | $80.48M | $93.72M | $24.47M | $74.16M | $74.10M | $86.59M | $22.25M | $61.12M | $61.78M | $71.03M | $20.23M | $28.12M | $56.16M | $64.60M | $50.37M | $18.42M | $13.83M | $-62.90M | $19.58M | $14.66M | $17.75M | $18.43M | $490.96M | $40.32M | $40.55M |
| Surprise % | - | - | - | - | - | - | - | - | 0.83% | 0.96% | 0.74% | 0.95% | 1.37% | 0.67% | 0.75% | 1.22% | 1.99% | 1.00% | 1.20% | 1.07% | - | 4.43% | -2.01% | 3.20% | 1.77% | 1.60% | -1.21% | 0.07% | 0.50% | 11.94% |
Gates Industrial's average Quarter net income forecast for Mar 24 is $30.59M, with a range of $24.47M to $36.71M. GTES's average Quarter net income forecast represents a -51.37% decrease compared to the company's last Quarter net income of $62.90M (Dec 23).
Gates Industrial SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 3 | 5 | 3 | - | 1 | 7 | 5 | 6 | 5 | 2 | 2 | 2 | 3 | 4 | 5 | 9 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 10 |
| SG&A | - | - | - | - | - | - | - | - | $216.00M | $213.40M | $220.70M | $232.10M | $209.70M | $199.70M | $209.10M | $235.20M | $209.00M | $235.20M | $209.10M | $199.70M | - | $211.60M | $214.20M | $217.40M | $205.20M | $197.40M | $182.90M | $195.40M | $193.40M | $207.10M |
| Avg Forecast | $221.40M | $221.52M | $235.76M | $228.85M | $212.82M | $211.83M | $225.37M | $232.85M | $217.69M | $221.60M | $235.44M | $211.68M | $214.41M | $239.14M | $231.21M | $192.44M | $103.45M | $217.40M | $178.50M | $197.95M | $194.40M | $80.60M | $427.99M | $135.71M | $182.66M | $122.31M | $213.75M | $207.10M | $123.13M | $171.52M |
| High Forecast | $223.77M | $223.89M | $238.28M | $231.29M | $215.09M | $212.52M | $227.78M | $279.42M | $220.02M | $223.04M | $237.96M | $254.02M | $216.70M | $286.97M | $231.21M | $230.92M | $124.15M | $260.88M | $214.20M | $237.54M | $233.28M | $96.72M | $513.58M | $162.85M | $219.19M | $146.78M | $256.50M | $248.52M | $147.76M | $205.82M |
| Low Forecast | $218.54M | $218.65M | $232.71M | $225.88M | $210.06M | $211.13M | $222.45M | $186.28M | $214.87M | $219.63M | $232.39M | $169.34M | $211.64M | $191.31M | $231.21M | $153.95M | $82.76M | $173.92M | $142.80M | $158.36M | $155.52M | $64.48M | $342.39M | $108.57M | $146.12M | $97.85M | $171.00M | $165.68M | $98.51M | $137.21M |
| Surprise % | - | - | - | - | - | - | - | - | 0.99% | 0.96% | 0.94% | 1.10% | 0.98% | 0.84% | 0.90% | 1.22% | 2.02% | 1.08% | 1.17% | 1.01% | - | 2.63% | 0.50% | 1.60% | 1.12% | 1.61% | 0.86% | 0.94% | 1.57% | 1.21% |
Gates Industrial's average Quarter SG&A projection for Mar 24 is $232.85M, based on 0 Wall Street analysts, with a range of $186.28M to $279.42M. The forecast indicates a 7.80% rise compared to GTES last annual SG&A of $216.00M (Dec 23).
Gates Industrial EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 3 | 5 | 3 | - | 1 | 7 | 5 | 6 | 5 | 2 | 2 | 2 | 3 | 4 | 5 | 9 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 5 | 13 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | $0.30 | - | $0.09 | $0.30 | $0.18 | $0.19 | $0.11 | $0.23 | $0.13 | $0.21 | $0.18 | - | $0.26 | $0.36 | $0.27 | $0.11 | $0.12 | $-0.10 | $0.15 | $0.09 | $2.09 |
| Avg Forecast | $0.37 | $0.38 | $0.43 | $0.42 | $0.32 | $0.31 | $0.36 | $0.32 | $0.28 | $0.31 | $0.33 | $0.26 | $0.23 | $0.31 | $0.27 | $0.22 | $0.21 | $0.31 | $0.37 | $0.31 | $0.19 | $0.17 | $-0.04 | $0.16 | $0.18 | $0.16 | $0.27 | $0.28 | $0.18 | $0.22 |
| High Forecast | $0.38 | $0.38 | $0.44 | $0.42 | $0.32 | $0.32 | $0.36 | $0.32 | $0.29 | $0.33 | $0.33 | $0.26 | $0.24 | $0.31 | $0.27 | $0.22 | $0.21 | $0.32 | $0.37 | $0.32 | $0.19 | $0.17 | $-0.04 | $0.16 | $0.18 | $0.17 | $0.27 | $0.28 | $0.22 | $0.26 |
| Low Forecast | $0.36 | $0.37 | $0.42 | $0.41 | $0.31 | $0.30 | $0.35 | $0.31 | $0.28 | $0.28 | $0.32 | $0.26 | $0.23 | $0.30 | $0.27 | $0.22 | $0.21 | $0.31 | $0.36 | $0.31 | $0.18 | $0.17 | $-0.04 | $0.16 | $0.18 | $0.16 | $0.26 | $0.27 | $0.14 | $0.18 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.98% | - | 0.35% | 1.29% | 0.58% | 0.72% | 0.50% | 1.09% | 0.42% | 0.57% | 0.58% | - | 1.55% | -8.47% | 1.70% | 0.61% | 0.73% | -0.37% | 0.54% | 0.51% | 9.50% |
According to 1 Wall Street analysts, Gates Industrial's projected average Quarter EPS for Dec 23 is $0.28, with a low estimate of $0.28 and a high estimate of $0.29. This represents a -5.76% decrease compared to GTES previous annual EPS of $0.30 (Sep 23).
Gates Industrial Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HLIO | Helios | $41.10 | $87.00 | 111.68% | Buy |
| CXT | Crane NXT | $58.29 | $95.50 | 63.84% | Buy |
| TNC | Tennant Company | $92.48 | $140.00 | 51.38% | Buy |
| JBT | John Bean | $89.62 | $128.00 | 42.83% | Buy |
| IEX | IDEX | $199.78 | $236.33 | 18.30% | Buy |
| GTES | Gates Industrial | $17.07 | $19.00 | 11.31% | Buy |
| FELE | Franklin Electric | $97.16 | $103.00 | 6.01% | Buy |
| DCI | Donaldson Company | $70.71 | $68.25 | -3.48% | Hold |
| ITT | ITT | $135.35 | $124.50 | -8.02% | Buy |
| IR | Ingersoll Rand | $91.03 | $70.33 | -22.74% | Buy |
GTES Forecast FAQ
Is Gates Industrial a good buy?
Yes, according to 7 Wall Street analysts, Gates Industrial (GTES) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 71.43% of GTES's total ratings.
What is GTES's price target?
Gates Industrial (GTES) average price target is $19 with a range of $13 to $22, implying a 11.31% from its last price of $17.07. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Gates Industrial stock go up soon?
According to Wall Street analysts' prediction for GTES stock, the company can go up by 11.31% (from the last price of $17.07 to the average price target of $19), up by 28.88% based on the highest stock price target, and down by -23.84% based on the lowest stock price target.
Can Gates Industrial stock reach $30?
GTES's average twelve months analyst stock price target of $19 does not support the claim that Gates Industrial can reach $30 in the near future.
What is Gates Industrial's current price target trend?
2 Wall Street analysts forecast a $20.5 price target for Gates Industrial (GTES) this month, up 20.09% from its last price of $17.07. Compared to the last 3 and 12 months, the average price target increased by 21.56% and increased by 19.39%, respectively.
What are Gates Industrial's analysts' financial forecasts?
Gates Industrial's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $3.45B (high $3.48B, low $3.41B), average EBITDA is $600.09M (high $626.79M, low $572.65M), average net income is $293.89M (high $305.11M, low $282.14M), average SG&A $882.87M (high $934.81M, low $829.93M), and average EPS is $1.3 (high $1.33, low $1.28). GTES's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.6B (high $3.63B, low $3.55B), average EBITDA is $679.56M (high $686.82M, low $670.76M), average net income is $425.04M (high $430.94M, low $417.88M), average SG&A $907.53M (high $917.23M, low $895.78M), and average EPS is $1.59 (high $1.62, low $1.57).
Did the GTES's actual financial results beat the analysts' financial forecasts?
Based on Gates Industrial's last annual report (Dec 2023), the company's revenue was $3.57B, which missed the average analysts forecast of $3.58B by -0.24%. Apple's EBITDA was $462.6M, missing the average prediction of $608.29M by -23.95%. The company's net income was $232.9M, missing the average estimation of $273.36M by -14.80%. Apple's SG&A was $882.2M, missing the average forecast of $886.41M by -0.47%. Lastly, the company's EPS was $0, missing the average prediction of $1.18 by -100.00%. In terms of the last quarterly report (Dec 2023), Gates Industrial's revenue was $863.3M, beating the average analysts' forecast of $862.59M by 0.08%. The company's EBITDA was $120.3M, missing the average prediction of $163.01M by -26.20%. Gates Industrial's net income was $62.9M, missing the average estimation of $75.43M by -16.62%. The company's SG&A was $216M, missing the average forecast of $217.69M by -0.78%. Lastly, the company's EPS was $0, missing the average prediction of $0.283 by -100.00%