Gartner (IT) Expected to Announce Earnings on Tuesday

Gartner (NYSE:IT - Get Free Report) will likely be releasing its Q2 2025 earnings data before the market opens on Tuesday, August 5th. Analysts expect Gartner to post earnings of $3.37 per share and revenue of $1.68 billion for the quarter. Gartner has set its FY 2025 guidance at 11.700- EPS.

Gartner (NYSE:IT - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The information technology services provider reported $2.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.72 by $0.26. Gartner had a return on equity of 96.70% and a net margin of 19.82%. The firm had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.53 billion. During the same period in the prior year, the business earned $2.93 EPS. The company's revenue for the quarter was up 4.2% compared to the same quarter last year. On average, analysts expect Gartner to post $13 EPS for the current fiscal year and $14 EPS for the next fiscal year.

Gartner Stock Down 0.6%

Shares of IT traded down $2.13 during trading hours on Thursday, reaching $355.85. The stock had a trading volume of 321,332 shares, compared to its average volume of 691,452. Gartner has a 12 month low of $352.29 and a 12 month high of $584.01. The firm has a 50-day simple moving average of $407.35 and a 200 day simple moving average of $444.96. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.64. The company has a market capitalization of $27.39 billion, a price-to-earnings ratio of 22.14, a P/E/G ratio of 2.31 and a beta of 1.19.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on IT shares. Wells Fargo & Company cut their target price on Gartner from $400.00 to $345.00 and set an "underweight" rating on the stock in a report on Friday, July 18th. The Goldman Sachs Group cut their target price on Gartner from $622.00 to $535.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Barclays cut their target price on Gartner from $510.00 to $475.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. Finally, UBS Group lowered their price target on Gartner from $500.00 to $480.00 and set a "buy" rating for the company in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $507.56.

Insider Activity

In related news, EVP Robin B. Kranich sold 739 shares of Gartner stock in a transaction dated Wednesday, May 7th. The stock was sold at an average price of $436.50, for a total value of $322,573.50. Following the completion of the sale, the executive vice president owned 20,464 shares of the company's stock, valued at approximately $8,932,536. This trade represents a 3.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Akhil Jain sold 625 shares of Gartner stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $450.00, for a total value of $281,250.00. Following the completion of the sale, the executive vice president directly owned 6,548 shares of the company's stock, valued at approximately $2,946,600. This trade represents a 8.71% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,426 shares of company stock worth $2,430,327. 2.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Gartner

An institutional investor recently bought a new position in Gartner stock. Brighton Jones LLC acquired a new position in Gartner, Inc. (NYSE:IT - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 637 shares of the information technology services provider's stock, valued at approximately $309,000. Institutional investors and hedge funds own 91.51% of the company's stock.

Gartner Company Profile

Gartner, Inc operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts.