Gates Industrial Corporation plc (NYSE:GTES) changes shares on Friday trading session, with a change of -1.40% or -$0.14 shares. The trading starts at $9.88 and closed at $10.00 throughout the day. The trading session low price was $9.76 and day high was $9.98 on Friday, June 26. After the session, the Industrials sector daily volume shifted to 0.39 million while its average volume is 326.28K. In other hand, the GTES market cap reached to $2.87B.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -7.50% and down -1.99% for month. Its quarterly performance was 32.35% above, while its half year performance is down -28.29%. GTES yearly performance stood at negative -13.05% and fall -28.34% for year-to-date. Current recommendation for Gates Industrial Corporation plc is 2.30.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. GTES EPS (TTM) for 12-month is 0.39. EPS for this year is 184.40%, while for the next year its value is 0.66. Its EPS Q/Q reached -94.20%. It has an EPS of 56.30% up for past five years and for the next five years will be down -6.66%.
Blackstone Group Inc., Janus Henderson Group PLC and Cooke & Bieler, Inc are the top three holders in Gates Industrial Corporation plc (GTES) stock. On Mar 30, 2020, Blackstone Group Inc. has 245.78 million shares which valued 1.81 billion. On Mar 30, 2020, Janus Henderson Group PLC owned 8.46 million shares which valued at 62.4 million. On Mar 30, 2020, Cooke & Bieler, Inc has a total of 6.51 million shares which valued at 48.05 million. In the end, Cooke & Bieler, Inc have 2.24% shares outstanding of Gates Industrial Corporation plc (GTES) on Mar 30, 2020. The insider ownership moved to 0.20%.
The company posted an EPS (TTM) of 0.39. According to the most recent quarter report on (Jun 2020), 8 analysts estimated an average EPS of -0.05, while 0.26 EPS posted a year ago period. Analyst Estimated EPS for GTES published in the report was -0.16–0.01 during the same period. Comparing with last year, the average estimated EPS was 0.26 which is higher than 0.21 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for GTES fall -6.14% for period of 200 days. SMA for 50 days was 5.07% which is showing green signal, while SMA-20 was -7.27%. The moving average value for Gates Industrial Corporation plc (GTES) is 10.41 and 10.09 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in GTES stock. On May 22, Blackstone Group Inc, 10% Owner, bought 13,000 trading shares at the cost of $9.56, which valued at 0.12 million. On May 22, Omaha Aggregator (Cayman) L.P., 10% Owner, bought 13,000 shares at the cost of $9.56, with total shares of 2,402,208. On May 21, Omaha Aggregator (Cayman) L.P., 10% Owner, bought 700 shares at the cost of 9.73. After this transaction, Omaha Aggregator (Cayman) L.P. total shares reached to 2,389,208 which valued at 6811.0.