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Gartner (IT)
NYSE:IT
Gartner (IT) Stock Price & Analysis
512 Followers
IT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$323.61 - $486.54
Previous Close$441.32
Volume238.43K
Average Volume (3M)430.17K
Market Cap
$34.26B
Enterprise Value$35.91B
Total Cash (Recent Filing)$1.32B
Total Debt (Recent Filing)$2.97B
Price to Earnings (P/E)43.9
Beta1.17
Next Earnings
Jul 30, 2024Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)10.05
Shares Outstanding77,630,468
10 Day Avg. Volume521,854
30 Day Avg. Volume430,173
Standard Deviation0.10
R-Squared0.49
Alpha0.00568
Financial Highlights & Ratios
Price to Book (P/B)-12.72
Price to Sales (P/S)5.94
Price to Cash Flow (P/CF)39.10
P/FCF Ratio36.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.08
Enterprise Value/Gross Profit8.97
Enterprise Value/Ebitda30.47
Forecast
1Y Price Target
$491.25Price Target Upside10.12% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Gartner News
PremiumCompany Announcements
Gartner CEO Eugene Hall’s Tenure Extended to 2031
PremiumCompany Announcements
Gartner Announces Q1 Earnings Webcast for InvestorsBulls Say, Bears Say
Bulls Say
EarningsAdjusted EBITDA margin of 25.9% was well above the 24.4% consensus estimate.
Financial PerformanceMaterial repurchases are expected, potentially at an accelerated pace, reflecting strong free cash flow and excess operating cash.
Supply Chain GrowthGartner's success in Supply Chain highlights growth potential outside of GTS/Tech, with Supply Chain being one of its largest and fastest growing GBS verticals.
Bears Say
Business ActivityNew business activity muted.
Contract ValueGartner missed on weaker-than-expected Contract Value growth as the difficult selling environment continued.
GuidanceRevised 'at-least' guidance was below revenue/adjusted EBITDA/adjusted EPS consensus for 2024.
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Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
IT FAQ
What was Gartner’s price range in the past 12 months?
Gartner lowest stock price was $323.61 and its highest was $486.54 in the past 12 months.
What is Gartner’s market cap?
Currently, no data Available
When is Gartner’s upcoming earnings report date?
Gartner’s upcoming earnings report date is Jul 30, 2024 which is in 28 days.
How were Gartner’s earnings last quarter?
Gartner released its earnings results on Apr 30, 2024. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.588 by $0.342.
Is Gartner overvalued?
According to Wall Street analysts Gartner’s price is currently Undervalued.
Does Gartner pay dividends?
Gartner does not currently pay dividends.
What is Gartner’s EPS estimate?
Gartner’s EPS estimate is $3.
How many shares outstanding does Gartner have?
Gartner has 77,630,470 shares outstanding.
What happened to Gartner’s price movement after its last earnings report?
Gartner reported an EPS of $2.93 in its last earnings report, beating expectations of $2.588. Following the earnings report the stock price went down -8.037%.
Which hedge fund is a major shareholder of Gartner?
Among the largest hedge funds holding Gartner’s share is Generation Investment Management LLP. It holds Gartner’s shares valued at 692M.
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Gartner Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$491.25 (10.12% Upside)
$491.25 (10.12% Upside)
Blogger Sentiment
Bullish
IT Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 535.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $10.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.8%
Last 30 Days ▲ 5.9%
Last 30 Days ▲ 5.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.97%
12-Months-Change
Fundamentals
Return on Equity
133.87%
Trailing 12-Months
Asset Growth
4.48%
Trailing 12-Months
Company Description
Gartner
Gartner, Inc. is a research and advisory company, which delivers technology-related insights to its clients to make right decisions. It operates through the following segments: Research, Consulting and Conferences. The Research segment gives advices on the mission-critical priorities of leaders. The Consulting segment offers customized solutions to unique client needs through on-site, day-to-day support, and proprietary tools for measuring and improving IT performance. The Conferences segment involves in the business professionals across the organization. The company was founded by Gideon I. Gartner and Dave L. R. Stein in 1979 and is headquartered in Stamford, CT.
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IT Company Deck
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IT Earnings Call
Q1 2024
0:00 / 0:00
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IT Revenue Breakdown
82.73% Research
8.71% Consulting
8.55% Conferences
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IT Stock 12 Month Forecast
Average Price Target
$491.25
▲(10.12% Upside)
Technical Analysis
Best Analysts Covering IT
1 Year
1 Year Success Rate
30/36 ratings generated profit
1 Year Average Return
+21.74%
reiterated a buy rating 2 months ago
Copying Jeffrey Meuler's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +21.74% per trade.
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