Why Did Stan Druckenmiller Sell Broadcom Stock?
In Q3, legendary macro investor Stan Druckenmiller sold his entire…
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2023-09-30 | 2024-09-30 | 2025-09-30 | 2024-09-30 | 2025-09-30 | |
| Income Statement | ||||||
| Revenue | $3.6B | $3.4B | $3.4B | $830.7M | $855.7M | |
| Gross Profit | $1.3B | $1.4B | $1.4B | $341.1M | $343.7M | |
| Operating Income | $473.4M | $514.2M | $505.2M | $122M | $128.1M | |
| EBITDA | $689M | $732M | $718.4M | $175.7M | $181.7M | |
| Diluted EPS | $0.92 | $0.83 | $0.91 | $0.18 | $0.31 | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $2.2B | $2.2B | $2.3B | $2.4B | $2.5B | |
| Total Assets | $7.5B | $7B | $7.1B | $7.1B | $7.1B | |
| Current Liabilities | $842.4M | $746.7M | $780.4M | $795.6M | $705.4M | |
| Total Liabilities | $4.1B | $3.8B | $3.7B | $3.7B | $3.4B | |
| Total Equity | $3.4B | $3.2B | $3.4B | $3.5B | $3.7B | |
| Total Debt | $2.7B | $2.6B | $2.6B | $2.5B | $2.4B | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2023-09-30 | 2024-09-30 | 2025-09-30 | 2024-09-30 | 2025-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $539M | $378M | $399.2M | $115.9M | $98M | |
| Cash From Investing | -$77.2M | -$104.1M | -$111M | -$40.2M | -$24.9M | |
| Cash From Financing | -$318.1M | -$270.1M | -$168.1M | -$95.9M | -$101.5M | |
| Free Cash Flow | $470.5M | $280.5M | $285.4M | $87.9M | $73.2M | |
Gates Industrial Corp. Plc is a holding company, which engages in the manufacture of engineered power transmission and fluid solutions. It operates through the following segments: Power Transmission and Fluid Power. The Power Transmission segment includes elastomer drive belts, and related components used to efficiently transfer motion in a broad range of applications. The Fluid Power segment consists of hoses, tubing, and fittings designed to convey hydraulic fluid at high-pressures in both mobile and stationary applications, and high-pressure and fluid transfer hoses used to convey various fluids. The company was founded on September 25, 2017, and is headquartered in Denver, CO.
In the current month, GTES has received 6 Buy ratings 3 Hold ratings, and 0 Sell ratings. The GTES average analyst price target in the past 3 months is $27.92.
According to analysts, the consensus estimate is that Gates Industrial Corp. Plc share price will rise to $27.92 per share over the next 12 months.
Analysts are divided on their view about Gates Industrial Corp. Plc share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Gates Industrial Corp. Plc is a Sell and believe this share price will drop from its current level to $23.00.
The price target for Gates Industrial Corp. Plc over the next 1-year time period is forecast to be $27.92 according to 9 Wall Street analysts, 6 of them rate the stock a Buy, 0 rate the stock a Sell, and 3 analysts rate the stock a Hold.
According to Wall Street analysts, the consensus rating for Gates Industrial Corp. Plc is a Buy. 6 of 9 analysts rate the stock a Buy at this time.
You can purchase shares of Gates Industrial Corp. Plc via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Gates Industrial Corp. Plc shares.
Gates Industrial Corp. Plc was last trading at $22.98 per share. This represents the most recent stock quote for Gates Industrial Corp. Plc. Yesterday, Gates Industrial Corp. Plc closed at $22.46 per share.
In order to purchase Gates Industrial Corp. Plc stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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