Form 8-K Gates Industrial Corp For: Oct 30
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Goldman Sachs Reiterates Neutral Rating on Gates Industrial Corp. (GTES)
October 31, 2024 7:43 AM EDTGoldman Sachs analyst Jerry Revich reiterated a Neutral rating and $21.00 price target on Gates Industrial Corp. (NYSE: GTES)
The analyst comments "Our 2024-2026 EBITDA estimates (management definition) are largely unchanged following Q3 result that revealed a slight EBITDA margin beat despite weak end demand. Our top 3 takeaways below. 1) 3Q24 adjusted EBITDA of $183 mn was ahead of pre-results Factset consensus of $180 mn and GSe of $178 mn. Sales were in line with our estimates, while gross margins... More
