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Gartner (IT)
NYSE:IT
Holding IT?
Track your performance easily
IT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$411.15 - $559.00
Previous Close$491.25
Volume1.39M
Average Volume (3M)356.88K
Market Cap
$37.12B
Enterprise Value$38.26B
Total Cash (Recent Filing)$1.77B
Total Debt (Recent Filing)$2.91B
Price to Earnings (P/E)36.2
Beta1.28
Next Earnings
Feb 11, 2025EPS Estimate
$3.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)13.56
Shares Outstanding77,134,280
10 Day Avg. Volume668,935
30 Day Avg. Volume356,878
Standard Deviation0.10
R-Squared0.50
Alpha0.00815
Financial Highlights & Ratios
Price to Book (P/B)35.60
Price to Sales (P/S)6.05
Price to Cash Flow (P/CF)15.70
P/FCF Ratio16.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.23
Enterprise Value/Gross Profit9.56
Enterprise Value/Ebitda23.25
Forecast
1Y Price Target
$539.33Price Target Upside9.79% Upside
Rating ConsensusHold
Number of Analyst Covering9
Gartner News
PremiumCompany Announcements
Gartner’s Q3 2024: Strong Net Income Surge
PremiumCompany Announcements
Gartner Reports Strong Q3 2024 Financial ResultsBulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst is 4.7% and 4.8% above consensus on adjusted EBITDA and adjusted EPS, showing stronger financial performance expectations.
Growth OpportunitiesAttractive risk/reward with Research CV growth likely troughed at healthy +7% level, and with compounding characteristics intact, including further acceleration over time.
Management StrategyGartner has a proven management strategy leading to capital-efficient and good organic growth.
Bears Say
Financial PerformanceThe FX-neutral Contract Value growth estimate of 6.8% is below the expected 7.3%, which could lead to a decrease in stock value.
GrowthGartner's CV growth has been growing below its 12-16% framework for the past 7 quarters, indicating ongoing challenges in reaching growth targets.
Web TrafficGartner's web traffic continued to decline in 3Q, down -12%, compared to -11% in 2Q and -15% in 1Q, showing persistent struggles in attracting online engagement.
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Ownership Overview
2.66% Insiders
36.06% Mutual Funds
21.84% Other Institutional Investors
14.45% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IT FAQ
What was Gartner’s price range in the past 12 months?
Gartner lowest stock price was $411.15 and its highest was $559.00 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 Feb 11, 2025 which is in 51 days.
How were Gartner’s earnings last quarter?
Gartner released its earnings results on Nov 05, 2024. The company reported $2.5 earnings per share for the quarter, beating the consensus estimate of $2.367 by $0.133.
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 $3.26.
How many shares outstanding does Gartner have?
Gartner has 77,134,280 shares outstanding.
What happened to Gartner’s price movement after its last earnings report?
Gartner reported an EPS of $2.5 in its last earnings report, beating expectations of $2.367. Following the earnings report the stock price went up 1.667%.
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 616M.
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Gartner Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$539.33 (9.79% Upside)
$539.33 (9.79% Upside)
Blogger Sentiment
Bullish
IT Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 125.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $49.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.99%
12-Months-Change
Fundamentals
Return on Equity
130.41%
Trailing 12-Months
Asset Growth
8.30%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Gartner demonstrated strong financial performance with revenue, EBITDA, and EPS exceeding expectations. The company raised its guidance for 2024 and saw significant growth in contract values and conference revenue. However, challenges in consulting revenue, tech vendor client renewals, and nonsubscription revenue were noted. Overall, the highlights appear to outweigh the lowlights.Read More>---
IT Revenue Breakdown
82.73% Research
8.71% Consulting
8.55% Conferences
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IT Stock 12 Month Forecast
Average Price Target
$539.33
▲(9.79% Upside)
Technical Analysis
Best Analysts Covering IT
1 Year
1 Year Success Rate
32/39 ratings generated profit
1 Year Average Return
+21.17%
assigned a buy rating 2 months ago
Copying Jeffrey Meuler's trades and holding each position for 1 Year would result in 82.05% of your transactions generating a profit, with an average return of +21.17% per trade.
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