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NVDA   852.52 (+3.61%)
NIO   5.33 (-7.79%)
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NVDA   852.52 (+3.61%)
NIO   5.33 (-7.79%)
AMD   205.36 (+1.34%)
BABA   72.00 (-3.51%)
T   16.80 (-1.06%)
F   12.74 (+2.33%)
MU   95.77 (+0.65%)
CGC   3.02 (-5.92%)
GE   161.01 (+1.49%)
DIS   113.69 (+1.55%)
AMC   4.32 (-0.92%)
PFE   25.89 (-2.63%)
PYPL   59.98 (-0.93%)
XOM   104.36 (-1.40%)
NYSE:IT

Gartner (IT) Stock Price, News & Analysis

$469.75
-1.73 (-0.37%)
(As of 05:12 PM ET)
Today's Range
$467.35
$474.64
50-Day Range
$425.37
$471.48
52-Week Range
$292.60
$474.64
Volume
289,907 shs
Average Volume
426,279 shs
Market Capitalization
$36.63 billion
P/E Ratio
42.47
Dividend Yield
N/A
Price Target
$455.25

Gartner MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
2.7% Downside
$455.25 Price Target
Short Interest
Healthy
1.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
0.35mentions of Gartner in the last 14 days
Based on 37 Articles This Week
Insider Trading
Selling Shares
$10.57 M Sold Last Quarter
Proj. Earnings Growth
13.20%
From $11.36 to $12.86 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.87 out of 5 stars

Business Services Sector

55th out of 316 stocks

Management Services Industry

2nd out of 5 stocks


IT stock logo

About Gartner Stock (NYSE:IT)

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. The Conferences segment offers executives and teams in an organization the opportunity to learn, share, and network. The Consulting segment offers market-leading research, custom analysis, and on-the-ground support services. This segment also offers actionable solutions for IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization. Gartner, Inc. was founded in 1979 and is headquartered in Stamford, Connecticut.

IT Stock Price History

IT Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Gartner, Inc. (NYSE:IT) EVP Sells $116,137.50 in Stock
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Yvonne Genovese Sells 560 Shares of Gartner, Inc. (NYSE:IT) Stock
Gartner, Inc. (NYSE:IT) Director Sells $2,275,000.00 in Stock
See More Headlines
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Company Calendar

Last Earnings
2/06/2024
Today
3/04/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Information Technology Services
Sub-Industry
IT Consulting & Other Services
CUSIP
36665110
Employees
20,237
Year Founded
1979

Price Target and Rating

Average Stock Price Target
$455.25
High Stock Price Target
$490.00
Low Stock Price Target
$435.00
Potential Upside/Downside
-3.4%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$882.47 million
Pretax Margin
19.42%

Debt

Sales & Book Value

Annual Sales
$5.90 billion
Cash Flow
$14.03 per share
Book Value
$8.73 per share

Miscellaneous

Free Float
74,927,000
Market Cap
$36.76 billion
Optionable
Optionable
Beta
1.29

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Should I Buy Gartner Stock? IT Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Gartner was last updated on Saturday, March 2, 2024 at 5:10 PM.

Pros

Here are some ways that investors could benefit from investing in Gartner, Inc.:

  • Gartner, Inc. operates as a research and advisory company providing valuable insights and recommendations to businesses worldwide.
  • The company focuses on key areas such as cloud computing, data analytics, digital transformation, and IT sourcing optimization, which are crucial in today's business landscape.
  • With a history dating back to 1979, Gartner has established itself as a reputable and trusted source of information in the industry.
  • Recent developments in the company's services and offerings have shown promising growth potential.
  • Investors may find the current stock price of Gartner, Inc. to be attractive for potential returns.

Cons

Investors should be bearish about investing in Gartner, Inc. for these reasons:

  • While Gartner provides valuable insights, the competitive landscape in the research and advisory industry may pose challenges for sustained growth.
  • Market fluctuations and economic uncertainties could impact the demand for Gartner's services, affecting the company's financial performance.
  • Investing in Gartner, Inc. may require a thorough understanding of the industry dynamics and potential risks involved.
  • External factors such as regulatory changes or technological disruptions could influence Gartner's business operations and profitability.
  • Despite recent developments, investors should carefully evaluate the overall market conditions before making investment decisions related to Gartner, Inc.














IT Stock Analysis - Frequently Asked Questions

Should I buy or sell Gartner stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gartner in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IT, but not buy additional shares or sell existing shares.
View IT analyst ratings
or view top-rated stocks.

What is Gartner's stock price target for 2024?

4 Wall Street analysts have issued 12 month price targets for Gartner's shares. Their IT share price targets range from $435.00 to $490.00. On average, they expect the company's stock price to reach $455.25 in the next year. This suggests that the stock has a possible downside of 2.7%.
View analysts price targets for IT
or view top-rated stocks among Wall Street analysts.

How have IT shares performed in 2024?

Gartner's stock was trading at $451.11 at the beginning of 2024. Since then, IT stock has increased by 3.7% and is now trading at $468.02.
View the best growth stocks for 2024 here
.

Are investors shorting Gartner?

Gartner saw a decrease in short interest in the month of February. As of February 15th, there was short interest totaling 987,700 shares, a decrease of 14.1% from the January 31st total of 1,150,000 shares. Based on an average trading volume of 451,500 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.3% of the shares of the company are short sold.
View Gartner's Short Interest
.

When is Gartner's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our IT earnings forecast
.

How were Gartner's earnings last quarter?

Gartner, Inc. (NYSE:IT) released its quarterly earnings results on Tuesday, February, 6th. The information technology services provider reported $3.04 earnings per share for the quarter, beating the consensus estimate of $2.83 by $0.21. The information technology services provider had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. Gartner had a net margin of 14.94% and a trailing twelve-month return on equity of 156.35%. The company's revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the company earned $3.70 earnings per share.
Read the conference call transcript
.

How will Gartner's stock buyback program work?

Gartner announced that its board has authorized a stock buyback plan on Friday, November 3rd 2023, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 1.6% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its stock is undervalued.

What guidance has Gartner issued on next quarter's earnings?

Gartner issued an update on its FY 2024 earnings guidance on Tuesday, February, 6th. The company provided EPS guidance of 10.550- for the period, compared to the consensus earnings per share estimate of 11.960. The company issued revenue guidance of $6.2 billion-, compared to the consensus revenue estimate of $6.3 billion.

What is Gene Hall's approval rating as Gartner's CEO?

2,199 employees have rated Gartner Chief Executive Officer Gene Hall on Glassdoor.com. Gene Hall has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Gartner own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gartner investors own include NVIDIA (NVDA), Netflix (NFLX), Adobe (ADBE), Boeing (BA), Broadcom (AVGO), Mastercard (MA), Micron Technology (MU), Walt Disney (DIS), Intel (INTC) and Salesforce (CRM).

Who are Gartner's major shareholders?

Gartner's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.44%), Massachusetts Financial Services Co. MA (4.02%), Generation Investment Management LLP (2.62%), Polen Capital Management LLC (2.32%), Principal Financial Group Inc. (1.98%) and Brown Advisory Inc. (1.55%). Insiders that own company stock include Akhil Jain, Alwyn Dawkins, Anne Sutherland Fuchs, Claire Herkes, Craig Safian, Eileen Serra, Eugene A Hall, James C Smith, Joseph P Beck, Jules Kaufman, Karen E Dykstra, Kenneth Allard, Michael P Harris, Michael Patrick Diliberto, Richard J Bressler, Robin B Kranich, Scott Hensel, Valentin Sribar, William James Wartinbee III and Yvonne Genovese.
View institutional ownership trends
.

How do I buy shares of Gartner?

Shares of IT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Gartner have any subsidiaries?
The following companies are subsidiares of Gartner: 1422722 Ontario Inc., AMR Research, Burton Group, Burton Group Inc., CEB, CEB (Barbados) SRL, CEB Global Holdings Limited, CEB Global Limited, CEB Holdings UK 1 Limited, CEB Holdings UK 2 Limited, CEB Inc., CEB International Holdings Inc., CXO Acquisition Co., Capterra, Capterra Inc., Computer Financial Consultants, Computer Financial Consultants Inc., Computer Financial Consultants Limited, Datapro Information Services, Dataquest, Dataquest Inc., Evanta Ventures Inc., G.G. Properties Ltd., G2R, Gartner Advisory (Singapore) PTE LTD, Gartner Australasia PTY Limited (including branch in New Zealand), Gartner Austria GmbH, Gartner Belgium BVBA (including branch in Luxembourg), Gartner Canada Co., Gartner Consulting (Beijing) Co. LTD. (including branches in Shanghai & Shenzhen), Gartner Cyprus Ltd, Gartner Danmark ApS, Gartner Deutschland GmbH, Gartner Espana S.L. (including branch in Portugal), Gartner Europe Holdings B.V., Gartner Finland Oy, Gartner France SARL, Gartner Group (Thailand) Ltd., Gartner Group Taiwan Ltd., Gartner Gulf FZ LLC (including branch in Abu Dhabi), Gartner Holdings Cyprus Ltd, Gartner Holdings LLC, Gartner Hong Kong Limited, Gartner India Research & Advisory Services Private Limited, Gartner Investments I LLC, Gartner Investments II LLC, Gartner Ireland Limited, Gartner Israel Advisory Ltd., Gartner Italia S.r.l., Gartner Japan Ltd., Gartner LLC, Gartner Mexico S. de R.L. de C.V., Gartner Nederland B.V., Gartner Norge AS, Gartner Poland Sp. z o.o., Gartner QFC LLC, Gartner RUS LLC, Gartner Research & Advisory (Malaysia) Sdn. Bhd., Gartner Research & Advisory Korea Co. Ltd., Gartner Research Holdings Ltd., Gartner Saudi Arabia Limited, Gartner South Africa (Pty) Ltd., Gartner Sverige AB, Gartner Switzerland GmbH, Gartner Turkey Teknoloji Araştırma ve Danışmanlık Hizmetleri Limited Şirketi, Gartner U.K. Limited, Gartner do Brasil Serviços de Pesquisas Ltda., GetApp, Griggs-Anderson, IDEAS International, Infinote Corporation, Infinote India Private Limited, Interprose Inc., J3 Learning Corporation, L2, L2 Inc., Leadership Transition Institute LLC, META Group GmbH, META Group Inc., META Group Saudi, Machina Research USA, Machina Research USA Incorporated, Market-Visio, Mentis, Nubera eBusiness S.L., Nubera eBusiness S.L., Pulse Q&A Inc, Pulse Q&A Inc., Pulse Social Research Platform Inc., Real Decisions Corporation, Relational Courseware, Rendall and Associates, SCM World US, SCM World US Inc., Senexx, Senexx Israel Ltd., SircleIT, SircleIT Inc., Software Advice, Software Advice Inc., Solista Global, Sports Leadership Acquisition Co., TOPO, TOPO Research LLC, Talent Assessment Holdings Ltd., The Research Board Inc, The Research Board Inc., The Warner Group, Valtera Corporation, Vision Events International, and Wentworth Research.
Read More
This page (NYSE:IT) was last updated on 3/4/2024 by MarketBeat.com Staff