NYSE:IT - Gartner Stock Price, News, & Analysis

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$132.60 -0.74 (-0.55 %)
(As of 12/18/2018 04:00 PM ET)
Previous Close$133.34
Today's Range$132.20 - $134.92
52-Week Range$111.57 - $161.21
Volume617,200 shs
Average Volume656,405 shs
Market Capitalization$12.65 billion
P/E Ratio40.06
Dividend YieldN/A
Beta1.21
Gartner, Inc. operates as a research and advisory company. It operates through four segments: Research, Consulting, Events, and Talent Assessment & Other. The Research segment offers objective insights and advice on the priorities of various leaders in a range of functional areas of the enterprise through research and other reports, briefings, proprietary tools, access to our analysts, peer networking services, and membership programs that enable clients to make better decisions; and practice and talent management research insights in various business functions, such as human resources, sales, legal, and finance. This segment delivers its research, primarily through a subscription-based digital media service. The Consulting segment offers customized solutions to client needs through on-site and day-to-day support, as well as proprietary tools for measuring and improving IT performance. This segment provides solutions to CIOs, IT executives, and other professionals who are responsible for IT applications, enterprise architecture, go-to-market strategies, infrastructure and operations, program and portfolio management, and sourcing and vendor relationships; consulting services to professionals; and actionable solutions for IT cost optimization, technology modernization, and IT sourcing optimization initiatives. The Events segment offers business professionals in an organization the opportunity to learn, share, and network various events. The Talent Assessment & Other segment helps organizations to assess, engage, manage, and improve talent through knowledge and skills assessments, training programs, workshops, and survey and questionnaire services. The company has operations in the United States, Canada, Europe, the Middle East, Africa, and internationally. Gartner, Inc. was founded in 1979 and is headquartered in Stamford, Connecticut.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Management services
Sub-IndustryIT Consulting & Other Services
SectorBusiness Services
Current SymbolNYSE:IT
Previous Symbol
CUSIP36665110
Phone203-316-1111

Debt

Debt-to-Equity Ratio2.21
Current Ratio0.66
Quick Ratio0.66

Price-To-Earnings

Trailing P/E Ratio40.06
Forward P/E Ratio36.33
P/E Growth2.59

Sales & Book Value

Annual Sales$3.31 billion
Price / Sales3.64
Cash Flow$5.8005 per share
Price / Cash Flow22.86
Book Value$10.83 per share
Price / Book12.24

Profitability

EPS (Most Recent Fiscal Year)$3.31
Net Income$3.27 million
Net Margins3.74%
Return on Equity36.22%
Return on Assets5.28%

Miscellaneous

Employees15,131
Outstanding Shares90,890,000
Market Cap$12.65 billion
OptionableOptionable

Gartner (NYSE:IT) Frequently Asked Questions

What is Gartner's stock symbol?

Gartner trades on the New York Stock Exchange (NYSE) under the ticker symbol "IT."

How were Gartner's earnings last quarter?

Gartner Inc (NYSE:IT) announced its quarterly earnings data on Thursday, November, 1st. The information technology services provider reported $0.85 EPS for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.23. The information technology services provider earned $922 million during the quarter, compared to the consensus estimate of $919.96 million. Gartner had a return on equity of 36.22% and a net margin of 3.74%. The business's revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 earnings per share. View Gartner's Earnings History.

When is Gartner's next earnings date?

Gartner is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Gartner.

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

Gartner updated its fourth quarter earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) guidance of $1.18-1.34 for the period, compared to the Thomson Reuters consensus estimate of $1.38. The company issued revenue guidance of $1.07-1.12, compared to the consensus revenue estimate of $1.11 billion.Gartner also updated its FY 2018 guidance to $3.61-3.77 EPS.

What price target have analysts set for IT?

10 brokerages have issued 12 month price objectives for Gartner's shares. Their forecasts range from $116.00 to $162.00. On average, they expect Gartner's stock price to reach $146.2222 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for Gartner.

What is the consensus analysts' recommendation for Gartner?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gartner in the last year. There are currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gartner.

What are Wall Street analysts saying about Gartner stock?

Here are some recent quotes from research analysts about Gartner stock:
  • 1. According to Zacks Investment Research, "Gartner reported strong first-quarter 2018 results with revenues and earnings surpassing the Zacks Consensus Estimate. The topline growth was driven by strength across research, consulting and events segments. Gartner offers timely, comprehensive analysis that is known for its quality, independence and objectivity. The company’s research reports have become indispensable tools for diverse companies across different sectors, strengthening its leading position in the market. On the flipside, Gartner continues to face stiff competition from other players in the market that is characterized by limited barriers to entry. Since a significant portion of Gartner’s revenues is generated from operations outside the United States, the company remains susceptible to foreign currency fluctuations. The stock has underperformed the industry in the past one year." (5/14/2018)
  • 2. Cantor Fitzgerald analysts commented, "4Q17 revenues top estimates. Total revenue was $1,064.6 mn (+13% organic cc) vs. our estimate of $1,045.4 mn and the $1,043.3 mn FactSet consensus. Research revenue was $731.5 mn vs. our estimate of $716.9 mn (+17% organic cc). Consulting revenue was $85.3 mn vs. our estimate of $85.9 mn (+3% y/y organic cc). Events revenue was $168.7 mn vs. our estimate of $167.8 mn (+5% organic cc). New Talent Assessment & Other segment revenues were $79.1 mn vs. our estimate of $74.8 mn. The deferred revenue fair value assessment was $50.1 mn vs. our estimate of $48.0 mn. Non-GAAP EPS was $1.17, vs. our estimate of $1.32 and consensus of the same. The earnings miss looks to be driven by higher than expected SG&A expenses. Performance table is on p. 2." (2/6/2018)

Has Gartner been receiving favorable news coverage?

News coverage about IT stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gartner earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news stories about the information technology services provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Who are some of Gartner's key competitors?

Who are Gartner's key executives?

Gartner's management team includes the folowing people:
  • Mr. Eugene A. Hall, CEO & Director (Age 61)
  • Mr. Craig W. Safian, Exec. VP & CFO (Age 49)
  • Mr. Alwyn Dawkins, Exec. VP of Worldwide Events (Age 52)
  • Mr. David Keith McVeigh, Exec. VP of New Market Programs (Age 51)
  • Mr. Peter Genovese, Sr. Director of Sales Strategy & Operations

Who are Gartner's major shareholders?

Gartner's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc (10.12%), Bamco Inc. NY (7.64%), BlackRock Inc. (6.53%), Polen Capital Management LLC (6.04%), Janus Henderson Group PLC (5.88%) and Select Equity Group L.P. (5.12%). Company insiders that own Gartner stock include Alwyn Dawkins, Anne Sutherland Fuchs, Craig Safian, David Godfrey, Eugene A Hall, Karen E Dykstra, Mr Thomas Christopher, Per Anders Waern, Peter Sondergaard and Robin B Kranich. View Institutional Ownership Trends for Gartner.

Which major investors are selling Gartner stock?

IT stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Deutsche Bank AG, Select Equity Group L.P., JPMorgan Chase & Co., Schroder Investment Management Group, TIAA CREF Investment Management LLC, Wells Fargo & Company MN and Teachers Advisors LLC. Company insiders that have sold Gartner company stock in the last year include Alwyn Dawkins, Craig Safian, Eugene A Hall, Karen E Dykstra, Mr Thomas Christopher, Peter Sondergaard and Robin B Kranich. View Insider Buying and Selling for Gartner.

Which major investors are buying Gartner stock?

IT stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Federated Investors Inc. PA, First Trust Advisors LP, Kornitzer Capital Management Inc. KS, Janus Henderson Group PLC, FMR LLC, Twin Tree Management LP and Vanguard Group Inc. View Insider Buying and Selling for Gartner.

How do I buy shares of Gartner?

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

What is Gartner's stock price today?

One share of IT stock can currently be purchased for approximately $132.60.

How big of a company is Gartner?

Gartner has a market capitalization of $12.65 billion and generates $3.31 billion in revenue each year. The information technology services provider earns $3.27 million in net income (profit) each year or $3.31 on an earnings per share basis. Gartner employs 15,131 workers across the globe.

What is Gartner's official website?

The official website for Gartner is http://www.gartner.com.

How can I contact Gartner?

Gartner's mailing address is 56 TOP GALLANT ROAD P O BOX 10212, STAMFORD CT, 06902. The information technology services provider can be reached via phone at 203-316-1111 or via email at [email protected]


MarketBeat Community Rating for Gartner (NYSE IT)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  333 (Vote Outperform)
Underperform Votes:  424 (Vote Underperform)
Total Votes:  757
MarketBeat's community ratings are surveys of what our community members think about Gartner and other stocks. Vote "Outperform" if you believe IT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/18/2018 by MarketBeat.com Staff

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