Gates Industrial stock trades 13.45 percent below its yearly high
Published on 09/24/2026 at 22:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Gates Industrial stock was trading at USD 26.26 on the NYSE on September 24, 2026, down USD 0.10, or 0.38 percent, from the previous close. The price stood USD 4.08 below its 52-week high of USD 30.34, leaving a 13.45 percent gap.
Q2 revenue beats estimates
The latest operating figures give the stock a stronger numerical anchor than the daily move. In Q2 2026, Gates Industrial generated revenue of USD 941.6 million, an increase of 6.6 percent from the same quarter a year earlier, according to MarketBeat.
Adjusted EPS came in at USD 0.44, exceeding the USD 0.42 consensus by USD 0.02. The comparison matters because the revenue figure also topped the USD 927.28 million estimate cited for the quarter, while fiscal 2026 adjusted EPS guidance stood at USD 1.62 to USD 1.70.
Guidance points to a key test
Gates Industrial's full-year range places the Q2 adjusted EPS result in the context of an earnings plan that is higher than the USD 1.57 consensus estimate for fiscal 2026. The company operates in industrial machinery and supplies power transmission and fluid power products to original equipment manufacturers and replacement markets.
The next visible corporate checkpoint is a Capital Markets Day scheduled for November 19, 2026, at the New York Stock Exchange. The event is expected to give investors a detailed view of the company's longer-term growth and margin priorities, as reported by StockTitan.
Stock remains below its yearly high
At USD 26.26 on September 24, 2026, Gates Industrial stock remained 13.45 percent below its USD 30.34 52-week high. Market capitalization stood at USD 6,670,040,000, giving the current quote a concrete valuation reference while investors weigh the Q2 beat against the distance from the yearly peak.
Gates Industrial stock data
- Company: Gates Industrial Corporation plc
- Ticker: GTES
- Trading venue: NYSE
- Price as of September 24, 2026: USD 26.26
- Market capitalization: USD 6,670,040,000 as of September 24, 2026
- 52-week range: USD 20.88-30.34 as of September 24, 2026
- Sector / Industry: Industrials / Industrial machinery
