NYSE:IT Gartner (IT) Stock Price, News & Analysis $470.92 +8.93 (+1.93%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$460.19▼$472.1450-Day Range$414.47▼$471.6952-Week Range$323.61▼$486.54Volume421,053 shsAverage Volume401,628 shsMarket Capitalization$36.56 billionP/E Ratio46.86Dividend YieldN/APrice Target$478.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Gartner alerts: Email Address Gartner MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside1.6% Upside$478.50 Price TargetShort InterestHealthy1.70% of Float Sold ShortDividend StrengthN/ASustainability-0.37Upright™ Environmental ScoreNews Sentiment0.71Based on 13 Articles This WeekInsider TradingSelling Shares$10.08 M Sold Last QuarterProj. Earnings Growth11.44%From $11.63 to $12.96 Per ShareSee Full Details Hide Full Details 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.3.58 out of 5 starsBusiness Services Sector101st out of 317 stocksManagement Services Industry3rd out of 6 stocks 1.3 Analyst's Opinion Consensus RatingGartner has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageGartner has only been the subject of 4 research reports in the past 90 days.Read more about Gartner's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.70% of the float of Gartner has been sold short.Short Interest Ratio / Days to CoverGartner has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month Previous Next 0.0 Dividend Strength Dividend YieldGartner does not currently pay a dividend.Dividend GrowthGartner does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGartner has received a 66.05% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is mostly driven by its "Digitalization research", "Artificial intelligence research", and "Financial consulting" products. See details.Environmental SustainabilityThe Environmental Impact score for Gartner is -0.37. Previous Next 2.6 News and Social Media Coverage News SentimentGartner has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Gartner this week, compared to 18 articles on an average week.MarketBeat Follows5 people have added Gartner to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gartner insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,079,813.00 in company stock.Percentage Held by InsidersOnly 3.60% of the stock of Gartner is held by insiders.Percentage Held by Institutions91.51% of the stock of Gartner is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Gartner's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Gartner are expected to grow by 11.44% in the coming year, from $11.63 to $12.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gartner is 46.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Gartner is 46.86, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 22.19.Price to Earnings Growth RatioGartner has a PEG Ratio of 3.98. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGartner has a P/B Ratio of 54.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Gartner's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 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.Read More IT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IT Stock News HeadlinesJuly 3, 2024 | marketbeat.comMaryland OKs $50.3M contract for removal of bridge collapse debrisA Maryland board led by Gov. Wes Moore has approved a $50.3 million emergency contract with a company that removed debris from the March collapse of the Francis Scott Key BridgeJuly 25 at 4:18 AM | americanbankingnews.comGartner, Inc. (NYSE:IT) Given Average Recommendation of "Moderate Buy" by BrokeragesJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 24 at 1:30 PM | msn.comWear it Wednesday: summer fashion with GoodwillJuly 24 at 8:30 AM | marketwatch.comGartner Inc. stock underperforms Tuesday when compared to competitorsJuly 23 at 1:01 PM | bizjournals.comHow managed detection and response goes beyond traditional security services to protect your dataJuly 23 at 4:21 AM | msn.comGlobal IaaS public cloud services revenue up 16.2% in 2023, says GartnerJuly 20, 2024 | forbes.comThe Trough Of Disillusionment And Four Outliers On The Gartner Hype CycleJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 17, 2024 | americanbankingnews.comShort Interest in Gartner, Inc. (NYSE:IT) Expands By 6.7%July 17, 2024 | americanbankingnews.comGartner (NYSE:IT) Cut to Hold at StockNews.comJune 21, 2024 | gurufocus.comWhy Investors Are Eyeing Gartner Inc (IT): The Key Drivers of Market Outperformance and Growth ...June 13, 2024 | financialpost.comWizeline Unveils AI.R+: The Next Generation of Tech Services Powered by Generative AIJune 4, 2024 | businesswire.comGartner Marketing Survey Finds 84% of Business Leaders and Employees Agree their Company Identity Must Change Significantly to Achieve ObjectivesJune 4, 2024 | businesswire.comGartner Survey Reveals Marketing and Sales Functions Collaborate on Only Three Out of 15 Commercial ActivitiesJune 3, 2024 | businesswire.comGartner Announces Gartner Marketing Symposium/Xpo in DenverMay 29, 2024 | msn.comGlobal AI chip revenue to grow 33% in 2024 - GartnerMay 28, 2024 | finance.yahoo.comOpsVeda Announces They Are a Silver Exhibitor at the 2024 Gartner® Supply Chain Symposium/Xpo™ in BarcelonaSee More Headlines Receive IT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gartner and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/30/2024Today7/26/2024Next Earnings (Confirmed)7/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Management services Sub-IndustryIT Consulting & Other Services Current SymbolNYSE:IT CUSIP36665110 CIK749251 Webwww.gartner.com Phone(203) 964-0096Fax203-316-6488Employees20,237Year Founded1979Price Target and Rating Average Stock Price Target$478.50 High Stock Price Target$517.00 Low Stock Price Target$432.00 Potential Upside/Downside+1.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$10.05 Trailing P/E Ratio46.86 Forward P/E Ratio40.49 P/E Growth3.98Net Income$882.47 million Net Margins13.35% Pretax Margin17.17% Return on Equity141.55% Return on Assets11.98% Debt Debt-to-Equity Ratio3.42 Current Ratio0.91 Quick Ratio0.91 Sales & Book Value Annual Sales$5.90 billion Price / Sales6.20 Cash Flow$14.44 per share Price / Cash Flow32.61 Book Value$8.69 per share Price / Book54.19Miscellaneous Outstanding Shares77,630,000Free Float74,835,000Market Cap$36.56 billion OptionableOptionable Beta1.33 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Eugene A. Hall (Age 67)CEO & Director Comp: $3.03MMr. Craig W. Safian (Age 55)Executive VP & CFO Comp: $1.76MMr. Alwyn Dawkins (Age 58)Executive Vice President of Global Business Sales Comp: $1.46MMs. Robin B. Kranich (Age 53)Executive VP & Chief Human Resources Officer Comp: $1.44MMr. Scott C. Hensel (Age 51)Executive Vice President of Global Services & Delivery Comp: $1.43MMr. William James Wartinbee (Age 50)Executive Vice President of Global Sales Strategy & Operations Mr. Altaf RupaniExecutive VP & Chief Information OfficerMr. David CohenGroup Vice President of Investor RelationsMr. Thomas Sang Kim (Age 52)Executive VP, General Counsel & Secretary Mr. Joseph Beck (Age 63)Executive Vice President of Global Technology Sales More ExecutivesKey CompetitorsCognizant Technology SolutionsNASDAQ:CTSHLeidosNYSE:LDOSBooz Allen HamiltonNYSE:BAHEPAM SystemsNYSE:EPAMCACI InternationalNYSE:CACIView All CompetitorsInsiders & InstitutionsConestoga Capital Advisors LLCBought 4,449 shares on 7/26/2024Ownership: 0.040%State of Michigan Retirement SystemSold 100 shares on 7/26/2024Ownership: 0.027%GAM Holding AGBought 1,685 shares on 7/26/2024Ownership: 0.007%Cambridge Investment Research Advisors Inc.Bought 1,447 shares on 7/26/2024Ownership: 0.005%McClarren Financial Advisors Inc.Bought 448 shares on 7/26/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Gartner Stock? IT Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Gartner, Inc.: Gartner, Inc. has a market capitalization of $34.66 billion, indicating the company's size and stability in the market. The company's stock has a one year high of $486.54, showing potential for growth and positive performance. Insiders have recently sold shares of company stock, which could indicate confidence in the company's future performance. Gartner, Inc. has a price-to-earnings ratio of 44.43, which may suggest potential for earnings growth relative to the stock price. The stock has a beta of 1.32, indicating that it is slightly more volatile than the overall market, potentially offering higher returns. Cons Investors should be bearish about investing in Gartner, Inc. for these reasons: The company's stock has a one year low of $323.61, indicating potential volatility and downside risk. Recent insider selling activities could be seen as a negative signal about the company's future prospects. Gartner, Inc. has a debt-to-equity ratio of 3.42, which may suggest higher financial leverage and associated risks. The stock's P/E/G ratio of 3.94 may indicate that the stock is overvalued relative to its earnings growth potential. While the company has a current ratio of 0.91 and a quick ratio of 0.91, indicating liquidity, the ratios are below 1 which may raise concerns about short-term financial health. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, July 23, 2024. Please send any questions or comments about these Gartner pros and cons to contact@marketbeat.com. IT Stock Analysis - Frequently Asked Questions How have IT shares performed this year? Gartner's stock was trading at $451.11 at the beginning of the year. Since then, IT stock has increased by 4.4% and is now trading at $470.92. View the best growth stocks for 2024 here. How were Gartner's earnings last quarter? Gartner, Inc. (NYSE:IT) issued its earnings results on Tuesday, April, 30th. The information technology services provider reported $2.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.53 by $0.40. The business's revenue was up 4.5% compared to the same quarter last year. Read the conference call transcript. Is Gartner doing a stock buyback? Gartner's board approved a share repurchase program on Friday, November 3rd 2023, which permits the company to repurchase $500,000,000 in shares, according to EventVestor. This means that the company could purchase up to 1.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued. 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. Does Gartner have any subsidiaries? The following companies are subsidiaries of Gartner: Pulse Q&A Inc, TOPO, CEB, L2, Machina Research USA, SCM World US, Capterra, and others. Who are Gartner's major shareholders? Gartner's top institutional investors include Bank of New York Mellon Corp (0.67%), TCW Group Inc. (0.27%), Allspring Global Investments Holdings LLC (0.27%) and Sumitomo Mitsui Trust Holdings Inc. (0.23%). Insiders that own company stock include Eugene A Hall, James C Smith, Craig Safian, Alwyn Dawkins, Michael Patrick Diliberto, Scott Hensel, Karen E Dykstra, Robin B Kranich, Valentin Sribar, Richard J Bressler, Joseph P Beck, Michael P Harris, Anne Sutherland Fuchs, William James Wartinbee III, Kenneth Allard, Akhil Jain, Jules Kaufman, Claire Herkes, Yvonne Genovese and Eileen Serra. 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. What other stocks do shareholders of Gartner own? Based on aggregate information from My MarketBeat watchlists, some other companies that Gartner investors own include NVIDIA (NVDA), Netflix (NFLX), Adobe (ADBE), Boeing (BA), Broadcom (AVGO), Mastercard (MA) and Micron Technology (MU). This page (NYSE:IT) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredBreaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | SponsoredFormer Hedge Fund Manager Issues Crash PredictionOur No. 1 stock for the rare "millionaire window" opening NOW According to Wall Street legend Whitney Tilso...Stansberry Research | SponsoredBrace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range...Crypto 101 Media | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock (June 12) This $2 trillion D.C. shock i...Timothy Sykes | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Gartner, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Gartner With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
